Execus SpA (MIL:EXEC) Accounts Receivable: €3.36 Mil (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.

MIL:EXEC Execus SpA MIL:EXEC
23 GF Score
Price €1.16
GF Value €3.92
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Execus SpA Accounts Receivable?

Execus SpA MIL:EXEC 23 Accounts Receivable is €3.36 Mil as of Dec. 2025. GuruFocus rates MIL:EXEC with a GF Score™ of 23/100 and a GF Value™ of €3.92 (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. Execus SpA's accounts receivables for the quarter that ended in Dec. 2025 was €3.36 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Execus SpA's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 116.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Execus SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-0.11.


Execus 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.

Execus 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
=3.356/5.27*91
=116.22

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

Execus 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)
=(1.554+0.75 * 3.356+0.5 * 1.752-5.452
-0-0.344)/7.584
=-0.11

* 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.


Execus SpA Accounts Receivable Related Terms


Execus SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Execus 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.

Execus SpA Accounts Receivable Chart

Execus SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
0.67 1.28 1.60 1.27 3.36

Execus SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Receivable Get a 7-Day Free Trial 1.60 1.19 1.27 3.08 3.36
MIL:EXEC
23GF Score
Execus SpA MIL:EXEC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Execus 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 €3.36 Mil mean?
Execus SpA (MIL:EXEC) has a Accounts Receivable of €3.36 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Execus SpA and its competitors.
Is Execus SpA's Accounts Receivable too high?
Execus SpA's current Accounts Receivable is €3.36 Mil. Overall, Execus SpA has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Execus SpA's Accounts Receivable compare to EDU and TAL?
Execus SpA's Accounts Receivable of €3.36 Mil can be compared against companies in the Education 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 Education company?
A good Accounts Receivable depends on the Education 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 Execus SpA and its competitors. Execus SpA's current Accounts Receivable is €3.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Execus SpA stock overvalued right now?
Based on GuruFocus' analysis, Execus SpA (MIL:EXEC) is currently considered Possible Value Trap. The stock's GF Value™ is €3.92, compared to a current price of €1.16 — trading 70.4% below its estimated fair value. The current Accounts Receivable is €3.36 Mil. Execus SpA's overall GF Score™ is 23/100 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 Execus SpA (MIL:EXEC), the current Accounts Receivable is €3.36 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 Execus SpA (MIL:EXEC) Overvalued in 2026?

Based on GuruFocus' analysis, Execus SpA stock appears to be undervalued. The current stock price of €1.16 is trading 70.4% below its estimated GF Value™ of €3.92. GuruFocus considers Execus SpA to be Possible Value Trap.

Key valuation signals for MIL:EXEC:

  • Accounts Receivable: €3.36 Mil
  • GF Value™: €3.92 vs. price of €1.16 (70.4% below fair value)
  • GF Score™: 23/100 with 6 warning signs

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


Execus SpA Business Description

Address Viale Premuda 46, Milan, ITA, 20129
Execus SpA is a training and consulting company specializing in digital transformation in sales, SaaS, and Social Selling. Its services include Training for Sales Management, sales networks, and professionals who want to take advantage of the opportunities afforded by digital and social media for sales, Consulting in Digital Sales, and Digital Marketing.
23GF Score

Get the complete analysis for MIL:EXEC

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

€1.16
Price
€3.92
GF Value