Ginebran Miguel (PHS:GSMI) Change In Receivables: ₱-368 Mil (TTM As of Mar. 2026)


PHS:GSMI Ginebra San Miguel Inc PHS:GSMI
92 GF Score
Price ₱253.00
GF Value ₱296.82
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Ginebran Miguel Change In Receivables?

Ginebran Miguel PHS:GSMI 92 Change In Receivables is ₱-368 Mil as of Mar. 2026. GuruFocus rates PHS:GSMI with a GF Score™ of 92/100 and a GF Value™ of ₱296.82 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Ginebran Miguel's change in receivables for the quarter that ended in Mar. 2026 was ₱434 Mil. It means Ginebran Miguel's Accounts Receivable declined by ₱434 Mil from Dec. 2025 to Mar. 2026 .

Ginebran Miguel's change in receivables for the fiscal year that ended in Dec. 2025 was ₱-328 Mil. It means Ginebran Miguel's Accounts Receivable increased by ₱328 Mil from Dec. 2024 to Dec. 2025 .

Ginebran Miguel's Accounts Receivable for the quarter that ended in Mar. 2026 was ₱1,804 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. Ginebran Miguel's Days Sales Outstanding for the three months ended in Mar. 2026 was 9.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ginebran Miguel's liquidation value for the three months ended in Mar. 2026 was ₱11,349 Mil.

Ginebran Miguel  (PHS:GSMI) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1804.364/16727.469*91
=9.84

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

Ginebran Miguel'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)
=17850.264-12014.711+0.75 * 1804.364+0.5 * 8319.984
=11,349

* 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.

Ginebran Miguel Change In Receivables Related Terms

Ginebran Miguel Change In Receivables Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel'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.

Ginebran Miguel Change In Receivables Chart

Ginebran Miguel 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 -165.03 -199.90 -325.96 -315.31 -328.01

Ginebran Miguel 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 474.41 -192.31 -228.58 -381.52 434.10
PHS:GSMI
92GF Score
Ginebra San Miguel Inc PHS:GSMI
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Ginebran Miguel 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 ₱-368 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 ₱-368 Mil mean?
Ginebran Miguel (PHS:GSMI) has a Change In Receivables of ₱-368 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ginebran Miguel and its competitors.
Is Ginebran Miguel's Change In Receivables too high?
Ginebran Miguel's current Change In Receivables is ₱-368 Mil. Overall, Ginebran Miguel has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's Change In Receivables compare to BF.B?
Ginebran Miguel's Change In Receivables of ₱-368 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Change In Receivables depends on the Beverages - Alcoholic 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 Ginebran Miguel and its competitors. Ginebran Miguel's current Change In Receivables is ₱-368 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginebran Miguel stock overvalued right now?
Based on GuruFocus' analysis, Ginebran Miguel (PHS:GSMI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱296.82, compared to a current price of ₱253.00 — trading 14.8% below its estimated fair value. The current Change In Receivables is ₱-368 Mil. Ginebran Miguel's overall GF Score™ is 92/100 with 1 warning sign 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 Ginebran Miguel (PHS:GSMI), the current Change In Receivables is ₱-368 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 Ginebran Miguel (PHS:GSMI) Overvalued in 2026?

Based on GuruFocus' analysis, Ginebran Miguel stock appears to be undervalued. The current stock price of ₱253.00 is trading 14.8% below its estimated GF Value™ of ₱296.82. GuruFocus considers Ginebran Miguel to be Modestly Undervalued.

Key valuation signals for PHS:GSMI:

  • Change In Receivables: ₱-368 Mil
  • GF Value™: ₱296.82 vs. price of ₱253.00 (14.8% below fair value)
  • GF Score™: 92/100 with 1 warning sign

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

Ginebran Miguel Business Description

Address St. Francis Street, Ortigas Center, 3rd and 6th Floor, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names: Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.
92GF Score

Get the complete analysis for PHS:GSMI

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

₱253.00
Price
₱296.82
GF Value