TGASF (Towngas Smart Energy Co) Change In Receivables: $0 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TGASF Towngas Smart Energy Co Ltd TGASF
48 GF Score
Price $0.43
GF Value $0.42
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Towngas Smart Energy Co Change In Receivables?

Towngas Smart Energy Co TGASF -15.69% 48 Change In Receivables is $0 Mil as of Dec. 2025. GuruFocus rates TGASF with a GF Score™ of 48/100 and a GF Value™ of $0.42 (Fairly Valued). The stock has 6 warning signs investors should review.

Towngas Smart Energy Co's change in receivables for the quarter that ended in Dec. 2025 was $0 Mil. It means Towngas Smart Energy Co's Accounts Receivable stayed the same from Jun. 2025 to Dec. 2025 .

Towngas Smart Energy Co's change in receivables for the fiscal year that ended in Dec. 2025 was $-51 Mil. It means Towngas Smart Energy Co's Accounts Receivable increased by $51 Mil from Dec. 2024 to Dec. 2025 .

Towngas Smart Energy Co's Accounts Receivable for the quarter that ended in Dec. 2025 was $281 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. Towngas Smart Energy Co's Days Sales Outstanding for the six months ended in Dec. 2025 was 38.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Towngas Smart Energy Co's liquidation value for the six months ended in Dec. 2025 was $-2,905 Mil.

Towngas Smart Energy Co  (OTCPK:TGASF) 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.

Towngas Smart Energy Co's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=280.72/1346.268*91
=38.05

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

Towngas Smart Energy Co's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=321.115-3476.123+0.75 * 280.72+0.5 * 79.201
=-2,905

* 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.

Towngas Smart Energy Co Change In Receivables Related Terms

Towngas Smart Energy Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Towngas Smart Energy Co'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.

Towngas Smart Energy Co Change In Receivables Chart

Towngas Smart Energy Co 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 -13.79 -105.33 6.68 -147.16 -51.32

Towngas Smart Energy Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00
TGASF
48GF Score
Towngas Smart Energy Co Ltd TGASF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Towngas Smart Energy Co 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 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 $0 Mil mean?
Towngas Smart Energy Co (TGASF) has a Change In Receivables of $0 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Towngas Smart Energy Co and its competitors.
Is Towngas Smart Energy Co's Change In Receivables too high?
Towngas Smart Energy Co's current Change In Receivables is $0 Mil. Overall, Towngas Smart Energy Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Towngas Smart Energy Co's Change In Receivables compare to ATO and NI?
Towngas Smart Energy Co's Change In Receivables of $0 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 Towngas Smart Energy Co and its competitors. Towngas Smart Energy Co's current Change In Receivables is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towngas Smart Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Towngas Smart Energy Co (TGASF) is currently considered Fairly Valued. The stock's GF Value™ is $0.42, compared to a current price of $0.43 — trading 2.1% above its estimated fair value. The current Change In Receivables is $0 Mil. Towngas Smart Energy Co's overall GF Score™ is 48/100 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 Towngas Smart Energy Co (TGASF), the current Change In Receivables is $0 Mil as of Dec. 2025. 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 Towngas Smart Energy Co (TGASF) Overvalued in 2026?

Based on GuruFocus' analysis, Towngas Smart Energy Co stock appears to be overvalued. The current stock price of $0.43 is trading 2.1% above its estimated GF Value™ of $0.42. GuruFocus considers Towngas Smart Energy Co to be Fairly Valued.

Key valuation signals for TGASF:

  • Change In Receivables: $0 Mil
  • GF Value™: $0.42 vs. price of $0.43 (2.1% above fair value)
  • GF Score™: 48/100 with 6 warning signs

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

Towngas Smart Energy Co Business Description

Other Exchanges 01083:Hong KongPGJ:Germany
Address 363 Java Road, North Point, 23rd Floor, Hong Kong, HKG
Towngas Smart Energy Co Ltd is an investment holding company engaged in the sales of piped gas, renewable energy, and other types of energy, the construction of gas pipelines, the sale of gas appliances and related products, and other value-added services in the People's Republic of China. The operating segment of the company are Gas business and Renewable energy business. The Renewable energy business is engaged in Sales of renewable energy (mainly photovoltaic power) and other related energy and services and the Gas business is further categorized in Sales of piped gas, Gas connection, Gas-related products and services. The company derives maximum revenue from the Sales of piped gas and other gas-related energy. All of the Group' s revenue is generated in the PRC.
48GF Score

Get the complete analysis for TGASF

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

$0.43
Price
$0.42
GF Value