Italgas SpA (MIL:IG) Accounts Receivable: €656 Mil (As of Jun. 2026)

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MIL:IG Italgas SpA MIL:IG
79 GF Score
Price €8.60
GF Value €7.90
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Italgas SpA Accounts Receivable?

Italgas SpA MIL:IG -0.32% 79 Accounts Receivable is €656 Mil as of Jun. 2026. GuruFocus rates MIL:IG with a GF Score™ of 79/100 and a GF Value™ of €7.90 (Modestly Overvalued). 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. Italgas SpA's accounts receivables for the quarter that ended in Jun. 2026 was €656 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Italgas SpA's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 47.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Italgas SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was €-13.41.


Italgas 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=655.785/1252.25*91
=47.79

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

Italgas SpA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(1202.728+0.75 * 655.785+0.5 * 67.651-15009.5
-0-347.256)/1016.523
=-13.41

* 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.


Italgas SpA Accounts Receivable Related Terms


Italgas SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Italgas 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.

Italgas SpA Accounts Receivable Chart

Italgas 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 388.61 315.71 694.33 751.97 1,217.51

Italgas SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 819.40 1,043.90 1,217.51 1,060.80 655.79
MIL:IG
79GF Score
Italgas SpA MIL:IG
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Italgas 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 €656 Mil mean?
Italgas SpA (MIL:IG) has a Accounts Receivable of €656 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Italgas SpA and its competitors.
Is Italgas SpA's Accounts Receivable too high?
Italgas SpA's current Accounts Receivable is €656 Mil. Overall, Italgas SpA has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's Accounts Receivable compare to ATO and NI?
Italgas SpA's Accounts Receivable of €656 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Accounts Receivable depends on the Utilities - Regulated 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 Italgas SpA and its competitors. Italgas SpA's current Accounts Receivable is €656 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (MIL:IG) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.90, compared to a current price of €8.60 — trading 8.9% above its estimated fair value. The current Accounts Receivable is €656 Mil. Italgas SpA's overall GF Score™ is 79/100 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 Italgas SpA (MIL:IG), the current Accounts Receivable is €656 Mil as of Jun. 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 Italgas SpA (MIL:IG) Overvalued in 2026?

Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued. The current stock price of €8.60 is trading 8.9% above its estimated GF Value™ of €7.90. GuruFocus considers Italgas SpA to be Modestly Overvalued.

Key valuation signals for MIL:IG:

  • Accounts Receivable: €656 Mil
  • GF Value™: €7.90 vs. price of €8.60 (8.9% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Italgas SpA Business Description

Address Via Carlo Bo 11, Milano, ITA, 20143
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
79GF Score

Get the complete analysis for MIL:IG

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

€8.60
Price
€7.90
GF Value