AA Tech SpA (MIL:AAT) Accounts Receivable: €1.23 Mil (As of Dec. 2025)

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MIL:AAT AA Tech SpA MIL:AAT
21 GF Score
Price €1.04
GF Value €4.15
Valuation Possible Value Trap
! 6 Warning Signs
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What is AA Tech SpA Accounts Receivable?

AA Tech SpA MIL:AAT -0.95% 21 Accounts Receivable is €1.23 Mil as of Dec. 2025. GuruFocus rates MIL:AAT with a GF Score™ of 21/100 and a GF Value™ of €4.15 (Possible Value Trap). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AA Tech SpA's accounts receivables for the quarter that ended in Dec. 2025 was €1.23 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AA Tech SpA's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 18.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AA Tech SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-1.32.


AA Tech 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.

AA Tech SpA's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.227/12.438*91
=18.00

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

AA Tech SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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)
=(6.374+0.75 * 1.227+0.5 * 0-19.439
-0-0.937)/9.896
=-1.32

* 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.


AA Tech SpA Accounts Receivable Related Terms


AA Tech SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for AA Tech 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.

AA Tech SpA Accounts Receivable Chart

AA Tech SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
0.22 0.22 0.10 0.29 1.23

AA Tech SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Receivable Get a 7-Day Free Trial 0.10 0.11 0.29 0.43 1.23
MIL:AAT
21GF Score
AA Tech SpA MIL:AAT
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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AA Tech 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 €1.23 Mil mean?
AA Tech SpA (MIL:AAT) has a Accounts Receivable of €1.23 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on AA Tech SpA and its competitors.
Is AA Tech SpA's Accounts Receivable too high?
AA Tech SpA's current Accounts Receivable is €1.23 Mil. Overall, AA Tech SpA has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AA Tech SpA's Accounts Receivable compare to MSFT and ORCL?
AA Tech SpA's Accounts Receivable of €1.23 Mil can be compared against companies in the Software 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 a Software company?
A good Accounts Receivable depends on the Software 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 AA Tech SpA and its competitors. AA Tech SpA's current Accounts Receivable is €1.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, AA Tech SpA (MIL:AAT) is currently considered Possible Value Trap. The stock's GF Value™ is €4.15, compared to a current price of €1.04 — trading 74.9% below its estimated fair value. The current Accounts Receivable is €1.23 Mil. AA Tech SpA's overall GF Score™ is 21/100 with 6 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 AA Tech SpA (MIL:AAT), the current Accounts Receivable is €1.23 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 AA Tech SpA (MIL:AAT) Overvalued in 2026?

Based on GuruFocus' analysis, AA Tech SpA stock appears to be undervalued. The current stock price of €1.04 is trading 74.9% below its estimated GF Value™ of €4.15. GuruFocus considers AA Tech SpA to be Possible Value Trap.

Key valuation signals for MIL:AAT:

  • Accounts Receivable: €1.23 Mil
  • GF Value™: €4.15 vs. price of €1.04 (74.9% below fair value)
  • GF Score™: 21/100 with 6 warning signs

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


AA Tech SpA Business Description

Address Viale Carlo Espinasse 163, Milan, ITA, 20144
AA Tech SpA is a venture tech builder in the digital sector, with the constant aiming of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries, Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.
21GF Score

Get the complete analysis for MIL:AAT

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

€1.04
Price
€4.15
GF Value