Ivision Tech SpA (MIL:IVN) Accounts Receivable: €5.52 Mil (As of Dec. 2025)

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MIL:IVN Ivision Tech SpA MIL:IVN
26 GF Score
Price €1.48
GF Value €3.29
Valuation Possible Value Trap
! 4 Warning Signs
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What is Ivision Tech SpA Accounts Receivable?

Ivision Tech SpA MIL:IVN 26 Accounts Receivable is €5.52 Mil as of Dec. 2025. GuruFocus rates MIL:IVN with a GF Score™ of 26/100 and a GF Value™ of €3.29 (Possible Value Trap). 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. Ivision Tech SpA's accounts receivables for the quarter that ended in Dec. 2025 was €5.52 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ivision Tech SpA's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 86.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ivision Tech SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-1.89.


Ivision 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.

Ivision 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
=5.524/11.631*91
=86.68

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

Ivision 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)
=(1.794+0.75 * 5.524+0.5 * 6.195-23.729
-0-0.236)/7.912
=-1.89

* 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.


Ivision Tech SpA Accounts Receivable Related Terms


Ivision Tech SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Ivision 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.

Ivision Tech SpA Accounts Receivable Chart

Ivision Tech SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
0.77 1.14 5.99 6.42 5.52

Ivision Tech SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Receivable Get a 7-Day Free Trial 5.99 6.06 6.42 6.65 5.52
MIL:IVN
26GF Score
Ivision Tech SpA MIL:IVN
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ivision 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 €5.52 Mil mean?
Ivision Tech SpA (MIL:IVN) has a Accounts Receivable of €5.52 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Ivision Tech SpA and its competitors.
Is Ivision Tech SpA's Accounts Receivable too high?
Ivision Tech SpA's current Accounts Receivable is €5.52 Mil. Overall, Ivision Tech SpA has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ivision Tech SpA's Accounts Receivable compare to NKE and DECK?
Ivision Tech SpA's Accounts Receivable of €5.52 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Accounts Receivable depends on the Manufacturing - Apparel & Accessories 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 Ivision Tech SpA and its competitors. Ivision Tech SpA's current Accounts Receivable is €5.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ivision Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, Ivision Tech SpA (MIL:IVN) is currently considered Possible Value Trap. The stock's GF Value™ is €3.29, compared to a current price of €1.48 — trading 55.2% below its estimated fair value. The current Accounts Receivable is €5.52 Mil. Ivision Tech SpA's overall GF Score™ is 26/100 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 Ivision Tech SpA (MIL:IVN), the current Accounts Receivable is €5.52 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 Ivision Tech SpA (MIL:IVN) Overvalued in 2026?

Based on GuruFocus' analysis, Ivision Tech SpA stock appears to be undervalued. The current stock price of €1.48 is trading 55.2% below its estimated GF Value™ of €3.29. GuruFocus considers Ivision Tech SpA to be Possible Value Trap.

Key valuation signals for MIL:IVN:

  • Accounts Receivable: €5.52 Mil
  • GF Value™: €3.29 vs. price of €1.48 (55.2% below fair value)
  • GF Score™: 26/100 with 4 warning signs

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


Ivision Tech SpA Business Description

Other Exchanges O42:Germany
Address Via Spilimbergo, 154, Martignacco, ITA, 33035
Ivision Tech SpA is an SME active in the sector of design and production of eyeglass frames, prescription and sunglasses, in acetate and combined, representing a reality of excellence in Made in Italy manufacturing. The company operates in two divisions: iVision Eyewear and iVision R&D. iVision Eyewear is active in the design, development of prototypes, industrialization, and mass production phases of acetate eyewear, for which it uses cutting-edge machinery and software. iVision R&D is active in research and development with the aiming of applying increasingly advance technologies to eyewear.
26GF Score

Get the complete analysis for MIL:IVN

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

€1.48
Price
€3.29
GF Value