Adventure SpA (MIL:ADV) Accounts Receivable: €3.12 Mil (As of Dec. 2025)

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MIL:ADV Adventure SpA MIL:ADV
15 GF Score
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What is Adventure SpA Accounts Receivable?

Adventure SpA MIL:ADV +4.71% 15 Accounts Receivable is €3.12 Mil as of Dec. 2025. GuruFocus rates MIL:ADV with a GF Score™ of 15/100. The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Adventure SpA's accounts receivables for the quarter that ended in Dec. 2025 was €3.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Adventure SpA's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 66.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Adventure SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-1.65.


Adventure 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.

Adventure 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
=3.116/8.519*91
=66.75

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

Adventure 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)
=(1.719+0.75 * 3.116+0.5 * 0-16.069
-0-0)/7.267
=-1.65

* 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.


Adventure SpA Accounts Receivable Related Terms


Adventure SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Adventure 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.

Adventure SpA Accounts Receivable Chart

Adventure SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Accounts Receivable
0.76 1.85 1.55 3.12

Adventure SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Receivable Get a 7-Day Free Trial 1.85 0.00 1.55 2.28 3.12
MIL:ADV
15GF Score
Adventure SpA MIL:ADV
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Adventure 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 €3.12 Mil mean?
Adventure SpA (MIL:ADV) has a Accounts Receivable of €3.12 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Adventure SpA and its competitors.
Is Adventure SpA's Accounts Receivable too high?
Adventure SpA's current Accounts Receivable is €3.12 Mil. Overall, Adventure SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Adventure SpA's Accounts Receivable compare to QH and SHOP?
Adventure SpA's Accounts Receivable of €3.12 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 Adventure SpA and its competitors. Adventure SpA's current Accounts Receivable is €3.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adventure SpA stock overvalued right now?
Adventure SpA (MIL:ADV) has a current Accounts Receivable of €3.12 Mil. The current Accounts Receivable is €3.12 Mil. Adventure SpA's overall GF Score™ is 15/100 with 5 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 Adventure SpA (MIL:ADV), the current Accounts Receivable is €3.12 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.

Adventure SpA Business Description

Address Via Bertola 2, Torino, ITA, IT-10121
Adventure SpA operates as an online rate comparison platform. The company is engaged in providing carious services that includes lead generation solutions, Advertising solutions, Web development solutions, operational efficiency improvement, and others. The core business of the company is through the portal ameconviene.it a website dedicated to providing consumers with in-depth and up-to-date services and information on tracking the value for its finances, with a focus on home savings, investments, and smart financial choices.
15GF Score

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

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