Royal Gold (FRA:RG3) Change In Receivables: €-47 Mil (TTM As of Mar. 2026)

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FRA:RG3 Royal Gold Inc FRA:RG3
91 GF Score
Price €164.95
GF Value €241.57
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Royal Gold Change In Receivables?

Royal Gold FRA:RG3 -0.45% 91 Change In Receivables is €-47 Mil as of Mar. 2026. GuruFocus rates FRA:RG3 with a GF Score™ of 91/100 and a GF Value™ of €241.57 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Royal Gold's change in receivables for the quarter that ended in Mar. 2026 was €-26 Mil. It means Royal Gold's Accounts Receivable increased by €26 Mil from Dec. 2025 to Mar. 2026 .

Royal Gold's change in receivables for the fiscal year that ended in Dec. 2025 was €-16 Mil. It means Royal Gold's Accounts Receivable increased by €16 Mil from Dec. 2024 to Dec. 2025 .

Royal Gold's Accounts Receivable for the quarter that ended in Mar. 2026 was €124 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. Royal Gold's Days Sales Outstanding for the three months ended in Mar. 2026 was 27.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Royal Gold's liquidation value for the three months ended in Mar. 2026 was €-1,445 Mil.

Royal Gold  (FRA:RG3) 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.

Royal Gold's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=123.525/405.793*91
=27.78

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

Royal Gold's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=202.533-1753.737+0.75 * 123.525+0.5 * 26.697
=-1,445

* 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.

Royal Gold Change In Receivables Related Terms

Royal Gold Change In Receivables Historical Data

* Premium members only.

The historical data trend for Royal Gold'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.

Royal Gold Change In Receivables Chart

Royal Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.96 6.17 0.84 -12.45 -16.31

Royal Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.09 -16.88 -10.17 5.82 -25.92
FRA:RG3
91GF Score
Royal Gold Inc FRA:RG3
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Gold 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-47 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 €-47 Mil mean?
Royal Gold (FRA:RG3) has a Change In Receivables of €-47 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Royal Gold and its competitors.
Is Royal Gold's Change In Receivables too high?
Royal Gold's current Change In Receivables is €-47 Mil. Overall, Royal Gold has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's Change In Receivables compare to CDE and AUGO?
Royal Gold's Change In Receivables of €-47 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining 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 Royal Gold and its competitors. Royal Gold's current Change In Receivables is €-47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Based on GuruFocus' analysis, Royal Gold (FRA:RG3) is currently considered Significantly Undervalued. The stock's GF Value™ is €241.57, compared to a current price of €164.95 — trading 31.7% below its estimated fair value. The current Change In Receivables is €-47 Mil. Royal Gold's overall GF Score™ is 91/100 with 2 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 Royal Gold (FRA:RG3), the current Change In Receivables is €-47 Mil as of Mar. 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 Royal Gold (FRA:RG3) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued. The current stock price of €164.95 is trading 31.7% below its estimated GF Value™ of €241.57. GuruFocus considers Royal Gold to be Significantly Undervalued.

Key valuation signals for FRA:RG3:

  • Change In Receivables: €-47 Mil
  • GF Value™: €241.57 vs. price of €164.95 (31.7% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the FRA:RG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Royal Gold Business Description

Address 1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
91GF Score

Get the complete analysis for FRA:RG3

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

€164.95
Price
€241.57
GF Value