Pinnacle West Capital (FRA:PWC) Change In Receivables: €-189 Mil (TTM As of Jun. 2026)

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FRA:PWC Pinnacle West Capital Corp FRA:PWC
82 GF Score
Price €86.82
GF Value €80.28
Valuation Fairly Valued
! 15 Warning Signs
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What is Pinnacle West Capital Change In Receivables?

Pinnacle West Capital FRA:PWC -0.44% 82 Change In Receivables is €-189 Mil as of Jun. 2026. GuruFocus rates FRA:PWC with a GF Score™ of 82/100 and a GF Value™ of €80.28 (Fairly Valued). The stock has 15 warning signs investors should review.

Pinnacle West Capital's change in receivables for the quarter that ended in Jun. 2026 was €-302 Mil. It means Pinnacle West Capital's Accounts Receivable increased by €302 Mil from Mar. 2026 to Jun. 2026 .

Pinnacle West Capital's change in receivables for the fiscal year that ended in Dec. 2025 was €-46 Mil. It means Pinnacle West Capital's Accounts Receivable increased by €46 Mil from Dec. 2024 to Dec. 2025 .

Pinnacle West Capital's Accounts Receivable for the quarter that ended in Jun. 2026 was €673 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Pinnacle West Capital's Days Sales Outstanding for the three months ended in Jun. 2026 was 48.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pinnacle West Capital's liquidation value for the three months ended in Jun. 2026 was €-21,351 Mil.


Pinnacle West Capital  (FRA:PWC) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Pinnacle West Capital's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=673.177/1263.59*91
=48.61

2. In Ben Graham's calculation of liquidation value, Pinnacle West Capital's accounts receivable are only considered to be worth 75% of book value:

Pinnacle West Capital's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.92-22135.551+0.75 * 673.177+0.5 * 542.708
=-21,351

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pinnacle West Capital Change In Receivables Related Terms


Pinnacle West Capital Change In Receivables Historical Data

* Premium members only.

The historical data trend for Pinnacle West Capital's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pinnacle West Capital Change In Receivables Chart

Pinnacle West Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -66.43 -95.56 -46.78 -20.74 -46.15

Pinnacle West Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -205.43 -162.88 239.24 36.23 -301.90
FRA:PWC
82GF Score
Pinnacle West Capital Corp FRA:PWC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Pinnacle West Capital Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-189 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-189 Mil mean?
Pinnacle West Capital (FRA:PWC) has a Change In Receivables of €-189 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Pinnacle West Capital and its competitors.
Is Pinnacle West Capital's Change In Receivables too high?
Pinnacle West Capital's current Change In Receivables is €-189 Mil. Overall, Pinnacle West Capital has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pinnacle West Capital's Change In Receivables compare to OGE and IDA?
Pinnacle West Capital's Change In Receivables of €-189 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Utilities - Regulated company?
A good Change In Receivables depends on the Utilities - Regulated industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Pinnacle West Capital and its competitors. Pinnacle West Capital's current Change In Receivables is €-189 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinnacle West Capital stock overvalued right now?
Based on GuruFocus' analysis, Pinnacle West Capital (FRA:PWC) is currently considered Fairly Valued. The stock's GF Value™ is €80.28, compared to a current price of €86.82 — trading 8.1% above its estimated fair value. The current Change In Receivables is €-189 Mil. Pinnacle West Capital's overall GF Score™ is 82/100 with 15 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Pinnacle West Capital (FRA:PWC), the current Change In Receivables is €-189 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pinnacle West Capital (FRA:PWC) Overvalued in 2026?

Based on GuruFocus' analysis, Pinnacle West Capital stock appears to be overvalued. The current stock price of €86.82 is trading 8.1% above its estimated GF Value™ of €80.28. GuruFocus considers Pinnacle West Capital to be Fairly Valued.

Key valuation signals for FRA:PWC:

  • Change In Receivables: €-189 Mil
  • GF Value™: €80.28 vs. price of €86.82 (8.1% above fair value)
  • GF Score™: 82/100 with 15 warning signs

No single metric tells the full story. See the FRA:PWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pinnacle West Capital Business Description

Other Exchanges PNW:USA0KIT:UK
Address 400 North Fifth Street, P.O. Box 53999, Phoenix, AZ, USA, 85072-3999
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.4 million customers across a 35,000-square-mile territory in central Arizona, including the Phoenix area. APS owns or leases 6.5 gigawatts of power generation capacity, including a 29% ownership stake in one of the largest nuclear plants in the US, Palo Verde. Half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
82GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€86.82
Price
€80.28
GF Value