Piquadro SpA (MIL:PQ) Accounts Receivable: €31.0 Mil (As of Mar. 2026)

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MIL:PQ Piquadro SpA MIL:PQ
77 GF Score
Price €2.50
GF Value €2.18
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Piquadro SpA Accounts Receivable?

Piquadro SpA MIL:PQ -1.19% 77 Accounts Receivable is €31.0 Mil as of Mar. 2026. GuruFocus rates MIL:PQ with a GF Score™ of 77/100 and a GF Value™ of €2.18 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Piquadro SpA's accounts receivables for the quarter that ended in Mar. 2026 was €31.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Piquadro SpA's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 61.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Piquadro SpA's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-0.98.


Piquadro 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=30.96/92.093*91
=61.35

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

Piquadro SpA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(39.185+0.75 * 30.96+0.5 * 39.058-128.457
-0-0)/47.307
=-0.98

* 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.


Piquadro SpA Accounts Receivable Related Terms


Piquadro SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Piquadro 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.

Piquadro SpA Accounts Receivable Chart

Piquadro SpA Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.93 28.25 36.11 38.12 30.96

Piquadro SpA Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 36.11 42.52 38.12 42.56 30.96
MIL:PQ
77GF Score
Piquadro SpA MIL:PQ
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Piquadro 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 €31.0 Mil mean?
Piquadro SpA (MIL:PQ) has a Accounts Receivable of €31.0 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Piquadro SpA and its competitors.
Is Piquadro SpA's Accounts Receivable too high?
Piquadro SpA's current Accounts Receivable is €31.0 Mil. Overall, Piquadro SpA has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piquadro SpA's Accounts Receivable compare to NKE and DECK?
Piquadro SpA's Accounts Receivable of €31.0 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 Piquadro SpA and its competitors. Piquadro SpA's current Accounts Receivable is €31.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (MIL:PQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.18, compared to a current price of €2.50 — trading 14.7% above its estimated fair value. The current Accounts Receivable is €31.0 Mil. Piquadro SpA's overall GF Score™ is 77/100 with 3 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 Piquadro SpA (MIL:PQ), the current Accounts Receivable is €31.0 Mil as of Mar. 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 Piquadro SpA (MIL:PQ) Overvalued in 2026?

Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued. The current stock price of €2.50 is trading 14.7% above its estimated GF Value™ of €2.18. GuruFocus considers Piquadro SpA to be Modestly Overvalued.

Key valuation signals for MIL:PQ:

  • Accounts Receivable: €31.0 Mil
  • GF Value™: €2.18 vs. price of €2.50 (14.7% above fair value)
  • GF Score™: 77/100 with 3 warning signs

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


Piquadro SpA Business Description

Other Exchanges 0HPP:UK4LZ:Germany
Address Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
77GF Score

Get the complete analysis for MIL:PQ

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

€2.50
Price
€2.18
GF Value