Saipem SpA (CHIX:SPMM) Accounts Receivable: €0 Mil (As of Mar. 2026)

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CHIX:SPMM Saipem SpA CHIX:SPMM
56 GF Score
Price €4.08
GF Value €2.49
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Saipem SpA Accounts Receivable?

Saipem SpA CHIX:SPMM 56 Accounts Receivable is €0 Mil as of Mar. 2026. GuruFocus rates CHIX:SPMM with a GF Score™ of 56/100 and a GF Value™ of €2.49 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Saipem SpA's accounts receivables for the quarter that ended in Mar. 2026 was €0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Saipem SpA's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Saipem SpA's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-0.93.


Saipem SpA Accounts Receivable 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 receivables are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3528*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Saipem SpA's accounts receivable are only considered to be worth 75% of book value:

Saipem SpA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(23+0.75 * 0+0.5 * 0-1836
-0-1)/1940.283
=-0.93

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Saipem SpA Accounts Receivable Related Terms


Saipem SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Saipem SpA's Accounts Receivable 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.

Saipem SpA Accounts Receivable Chart

Saipem SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,837.00 1,676.00 1,906.00 2,861.00 2,703.00

Saipem SpA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable 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 2,114.00 0.00 2,703.00 0.00 0.00
CHIX:SPMM
56GF Score
Saipem SpA CHIX:SPMM
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Saipem SpA Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of €0 Mil mean?
Saipem SpA (CHIX:SPMM) has a Accounts Receivable of €0 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Saipem SpA and its competitors.
Is Saipem SpA's Accounts Receivable too high?
Saipem SpA's current Accounts Receivable is €0 Mil. Overall, Saipem SpA has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's Accounts Receivable compare to SLB and BKR?
Saipem SpA's Accounts Receivable of €0 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 Accounts Receivable for an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas industry context. However, Accounts Receivable 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 Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Saipem SpA and its competitors. Saipem SpA's current Accounts Receivable 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 Saipem SpA stock overvalued right now?
Based on GuruFocus' analysis, Saipem SpA (CHIX:SPMM) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.49, compared to a current price of €4.08 — trading 63.9% above its estimated fair value. The current Accounts Receivable is €0 Mil. Saipem SpA's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Saipem SpA (CHIX:SPMM), the current Accounts Receivable is €0 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 Saipem SpA (CHIX:SPMM) Overvalued in 2026?

Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued. The current stock price of €4.08 is trading 63.9% above its estimated GF Value™ of €2.49. GuruFocus considers Saipem SpA to be Significantly Overvalued.

Key valuation signals for CHIX:SPMM:

  • Accounts Receivable: €0 Mil
  • GF Value™: €2.49 vs. price of €4.08 (63.9% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Saipem SpA Business Description

Industry EnergyOil & Gas
Address Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem SpA specializes in engineering and construction of projects for the energy and infrastructure sectors, offshore and onshore. The company operates through Asset-Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset-Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. The Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment includes Italy, Rest of Europe, CSI, Rest of Asia, etc.
56GF Score

Get the complete analysis for CHIX:SPMM

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

€4.08
Price
€2.49
GF Value