Targa Resources (MEX:TRGP) Change In Receivables: MXN-10,769 Mil (TTM As of Jun. 2026)

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MEX:TRGP Targa Resources Corp MEX:TRGP
70 GF Score
Price MXN3,775.00
GF Value MXN2,576.53
! 6 Warning Signs
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What is Targa Resources Change In Receivables?

Targa Resources MEX:TRGP 70 Change In Receivables is MXN-10,769 Mil as of Jun. 2026. GuruFocus rates MEX:TRGP with a GF Score™ of 70/100 and a GF Value™ of MXN2,576.53. The stock has 6 warning signs investors should review.

Targa Resources's change in receivables for the quarter that ended in Jun. 2026 was MXN-3,394 Mil. It means Targa Resources's Accounts Receivable increased by MXN3,394 Mil from Mar. 2026 to Jun. 2026 .

Targa Resources's change in receivables for the fiscal year that ended in Dec. 2025 was MXN1,995 Mil. It means Targa Resources's Accounts Receivable declined by MXN1,995 Mil from Dec. 2024 to Dec. 2025 .

Targa Resources's Accounts Receivable for the quarter that ended in Jun. 2026 was MXN34,062 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. Targa Resources's Days Sales Outstanding for the three months ended in Jun. 2026 was 40.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Targa Resources's liquidation value for the three months ended in Jun. 2026 was MXN-400,754 Mil.


Targa Resources  (MEX:TRGP) 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.

Targa Resources's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=34062.193/77475.305*91
=40.12

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

Targa Resources'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)
=2308.503-431328.811+0.75 * 34062.193+0.5 * 5438.853
=-400,754

* 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.


Targa Resources Change In Receivables Related Terms


Targa Resources Change In Receivables Historical Data

* Premium members only.

The historical data trend for Targa Resources'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.

Targa Resources Change In Receivables Chart

Targa Resources 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 -8,049.69 4,283.27 -349.67 -1,564.18 1,995.03

Targa Resources 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 1,933.76 -2,236.16 -1,568.30 -3,570.48 -3,393.83
MEX:TRGP
70GF Score
Targa Resources Corp MEX:TRGP
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Targa Resources 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 MXN-10,769 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 MXN-10,769 Mil mean?
Targa Resources (MEX:TRGP) has a Change In Receivables of MXN-10,769 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Targa Resources and its competitors.
Is Targa Resources' Change In Receivables too high?
Targa Resources' current Change In Receivables is MXN-10,769 Mil. Overall, Targa Resources has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Targa Resources' Change In Receivables compare to MPLX and OKE?
Targa Resources' Change In Receivables of MXN-10,769 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Targa Resources and its competitors. Targa Resources's current Change In Receivables is MXN-10,769 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Targa Resources stock overvalued right now?
Targa Resources (MEX:TRGP) has a current Change In Receivables of MXN-10,769 Mil. The stock's GF Value™ is MXN2,576.53, compared to a current price of MXN3,775.00 — trading 46.5% above its estimated fair value. The current Change In Receivables is MXN-10,769 Mil. Targa Resources' overall GF Score™ is 70/100 with 6 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 Targa Resources (MEX:TRGP), the current Change In Receivables is MXN-10,769 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 Targa Resources (MEX:TRGP) Overvalued in 2026?

Based on GuruFocus' analysis, Targa Resources stock appears to be overvalued. The current stock price of MXN3,775.00 is trading 46.5% above its estimated GF Value™ of MXN2,576.53.

Key valuation signals for MEX:TRGP:

  • Change In Receivables: MXN-10,769 Mil
  • GF Value™: MXN2,576.53 vs. price of MXN3,775.00 (46.5% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Targa Resources Business Description

Industry EnergyOil & Gas
Address 811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
70GF Score

Get the complete analysis for MEX:TRGP

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

MXN3,775.00
Price
MXN2,576.53
GF Value