TRGEF (Targa Exploration) Change In Receivables: $0.02 Mil (TTM As of Mar. 2026)

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TRGEF Targa Exploration Corp TRGEF
34 GF Score
Price $0.16
! 1 Warning Sign
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What is Targa Exploration Change In Receivables?

Targa Exploration TRGEF +27.86% 34 Change In Receivables is $0.02 Mil as of Mar. 2026. GuruFocus rates TRGEF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review.

Targa Exploration's change in receivables for the quarter that ended in Mar. 2026 was $0.18 Mil. It means Targa Exploration's Accounts Receivable declined by $0.18 Mil from Dec. 2025 to Mar. 2026 .

Targa Exploration's change in receivables for the fiscal year that ended in Mar. 2026 was $0.02 Mil. It means Targa Exploration's Accounts Receivable declined by $0.02 Mil from Mar. 2025 to Mar. 2026 .

Targa Exploration's Accounts Receivable for the quarter that ended in Mar. 2026 was $0.02 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Targa Exploration's liquidation value for the three months ended in Mar. 2026 was $2.51 Mil.

Targa Exploration  (OTCPK:TRGEF) 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 Exploration's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.019/0*91
=

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

Targa Exploration'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)
=2.573-0.082+0.75 * 0.019+0.5 * 0
=2.51

* 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 Exploration Change In Receivables Related Terms

Targa Exploration Change In Receivables Historical Data

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The historical data trend for Targa Exploration'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 Exploration Change In Receivables Chart

Targa Exploration Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial 0.00 -0.00 -0.05 0.02 0.02

Targa Exploration Quarterly Data
Mar21 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 0.01 -0.00 -0.05 -0.12 0.18
TRGEF
34GF Score
Targa Exploration Corp TRGEF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Targa Exploration 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 $0.02 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 $0.02 Mil mean?
Targa Exploration (TRGEF) has a Change In Receivables of $0.02 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Targa Exploration and its competitors.
Is Targa Exploration's Change In Receivables too high?
Targa Exploration's current Change In Receivables is $0.02 Mil. Overall, Targa Exploration has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Targa Exploration's Change In Receivables compare to competitors?
Targa Exploration's Change In Receivables of $0.02 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 Targa Exploration and its competitors. Targa Exploration's current Change In Receivables is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Targa Exploration stock overvalued right now?
Targa Exploration (TRGEF) has a current Change In Receivables of $0.02 Mil. The current Change In Receivables is $0.02 Mil. Targa Exploration's overall GF Score™ is 34/100 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 Targa Exploration (TRGEF), the current Change In Receivables is $0.02 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.

Targa Exploration Business Description

Other Exchanges V6Y0:GermanyTEX:Canada
Address 595 Burrard Street, Suite 1723, Vancouver, BC, CAN, V7X 1J1
Targa Exploration Corp is engaged in the acquisition, exploration, and development of mineral properties in Canada and currently has an interest in the Shanghai property located in the Mayo Mining District, Yukon Territory. The projects of the company include the Opinaca lithium project, Superior lithium projects, Shanghai gold-silver project, and Others.
34GF Score

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

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