First Philippine Holdings (PHS:FPH) Change In Receivables: ₱-20,481 Mil (TTM As of Mar. 2026)


PHS:FPH First Philippine Holdings Corp PHS:FPH
65 GF Score
Price ₱81.80
GF Value ₱57.99
Valuation Significantly Overvalued
! 8 Warning Signs
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What is First Philippine Holdings Change In Receivables?

First Philippine Holdings PHS:FPH 65 Change In Receivables is ₱-20,481 Mil as of Mar. 2026. GuruFocus rates PHS:FPH with a GF Score™ of 65/100 and a GF Value™ of ₱57.99 (Significantly Overvalued). The stock has 8 warning signs investors should review.

First Philippine Holdings's change in receivables for the quarter that ended in Mar. 2026 was ₱-3,881 Mil. It means First Philippine Holdings's Accounts Receivable increased by ₱3,881 Mil from Dec. 2025 to Mar. 2026 .

First Philippine Holdings's change in receivables for the fiscal year that ended in Dec. 2025 was ₱-11,953 Mil. It means First Philippine Holdings's Accounts Receivable increased by ₱11,953 Mil from Dec. 2024 to Dec. 2025 .

First Philippine Holdings's Accounts Receivable for the quarter that ended in Mar. 2026 was ₱19,136 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. First Philippine Holdings's Days Sales Outstanding for the three months ended in Mar. 2026 was 72.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Philippine Holdings's liquidation value for the three months ended in Mar. 2026 was ₱-211,881 Mil.


First Philippine Holdings  (PHS:FPH) 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.

First Philippine Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19136/24249*91
=72.01

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

First Philippine Holdings'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)
=56076-306226+0.75 * 19136+0.5 * 47835
=-211,881

* 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.


First Philippine Holdings Change In Receivables Related Terms


First Philippine Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for First Philippine Holdings'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.

First Philippine Holdings Change In Receivables Chart

First Philippine Holdings 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 1,332.00 -8,436.00 1,661.00 -6,620.00 -11,953.00

First Philippine Holdings 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 4,647.00 1,211.00 4,958.00 -22,769.00 -3,881.00
PHS:FPH
65GF Score
First Philippine Holdings Corp PHS:FPH
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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First Philippine Holdings 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 ₱-20,481 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 ₱-20,481 Mil mean?
First Philippine Holdings (PHS:FPH) has a Change In Receivables of ₱-20,481 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for First Philippine Holdings and its competitors.
Is First Philippine Holdings' Change In Receivables too high?
First Philippine Holdings' current Change In Receivables is ₱-20,481 Mil. Overall, First Philippine Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Philippine Holdings' Change In Receivables compare to NEE and SO?
First Philippine Holdings' Change In Receivables of ₱-20,481 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 First Philippine Holdings and its competitors. First Philippine Holdings's current Change In Receivables is ₱-20,481 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Philippine Holdings stock overvalued right now?
Based on GuruFocus' analysis, First Philippine Holdings (PHS:FPH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱57.99, compared to a current price of ₱81.80 — trading 41.1% above its estimated fair value. The current Change In Receivables is ₱-20,481 Mil. First Philippine Holdings' overall GF Score™ is 65/100 with 8 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 First Philippine Holdings (PHS:FPH), the current Change In Receivables is ₱-20,481 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 First Philippine Holdings (PHS:FPH) Overvalued in 2026?

Based on GuruFocus' analysis, First Philippine Holdings stock appears to be overvalued. The current stock price of ₱81.80 is trading 41.1% above its estimated GF Value™ of ₱57.99. GuruFocus considers First Philippine Holdings to be Significantly Overvalued.

Key valuation signals for PHS:FPH:

  • Change In Receivables: ₱-20,481 Mil
  • GF Value™: ₱57.99 vs. price of ₱81.80 (41.1% above fair value)
  • GF Score™: 65/100 with 8 warning signs

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


First Philippine Holdings Business Description

Other Exchanges FPHPC.PFD:Philippines
Address Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604
First Philippine Holdings Corporation are engaged mainly in, but not limited to, power generation, real estate development, energy solutions, construction and other service industries. The company's segments its activities into Power Generation, Real Estate Development, Energy Solutions, Construction, and other services. The majority of revenue comes from Power Generation segment. The Power generation has one geographical segment. Real Estate Development has presence in National Capital Region, Central Luzon, Southern Luzon, Central Visayas, Western Visayas of which majority of revenue comes from National capital region.
65GF Score

Get the complete analysis for PHS:FPH

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

₱81.80
Price
₱57.99
GF Value