Mare Engineering Group SpA (MIL:MARE) Accounts Receivable: €31.19 Mil (As of Dec. 2025)

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MIL:MARE Mare Engineering Group SpA MIL:MARE
15 GF Score
Price €4.93
! 6 Warning Signs
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What is Mare Engineering Group SpA Accounts Receivable?

Mare Engineering Group SpA MIL:MARE -0.60% 15 Accounts Receivable is €31.19 Mil as of Dec. 2025. GuruFocus rates MIL:MARE with a GF Score™ of 15/100. 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. Mare Engineering Group SpA's accounts receivables for the quarter that ended in Dec. 2025 was €31.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mare Engineering Group SpA's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 144.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mare Engineering Group SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-5.14.

Mare Engineering Group 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.

Mare Engineering Group 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
=31.19/39.279*91
=144.92

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

Mare Engineering Group 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)
=(56.074+0.75 * 31.19+0.5 * 4.496-180.182
-0-0.327)/19.210
=-5.14

* 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.

Mare Engineering Group SpA Accounts Receivable Related Terms

Mare Engineering Group SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Mare Engineering Group 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.

Mare Engineering Group SpA Accounts Receivable Chart

Mare Engineering Group SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
15.27 19.31 18.99 12.47 31.19

Mare Engineering Group SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 18.99 19.01 12.47 28.52 31.19
MIL:MARE
15GF Score
Mare Engineering Group SpA MIL:MARE
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mare Engineering Group 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 €31.19 Mil mean?
Mare Engineering Group SpA (MIL:MARE) has a Accounts Receivable of €31.19 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Mare Engineering Group SpA and its competitors.
Is Mare Engineering Group SpA's Accounts Receivable too high?
Mare Engineering Group SpA's current Accounts Receivable is €31.19 Mil. Overall, Mare Engineering Group SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Mare Engineering Group SpA's Accounts Receivable compare to PWR and FIX?
Mare Engineering Group SpA's Accounts Receivable of €31.19 Mil can be compared against companies in the Construction 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 Construction company?
A good Accounts Receivable depends on the Construction 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 Mare Engineering Group SpA and its competitors. Mare Engineering Group SpA's current Accounts Receivable is €31.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mare Engineering Group SpA stock overvalued right now?
Mare Engineering Group SpA (MIL:MARE) has a current Accounts Receivable of €31.19 Mil. The current Accounts Receivable is €31.19 Mil. Mare Engineering Group SpA's overall GF Score™ is 15/100 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 Mare Engineering Group SpA (MIL:MARE), the current Accounts Receivable is €31.19 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.

Mare Engineering Group SpA Business Description

Other Exchanges EZ3:Germany
Address Via ex Aeroporto, snc, c/o Il Sole Consortium, Lot XI, Pomigliano d'Arc, Naples, ITA, 80038
Mare Engineering Group SpA is an engineering consultancy company that has an objective to deliver engineering services to large companies.
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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