Innovative-RFK SpA (XPAR:MLIRF) Accounts Receivable: €0.02 Mil (As of Dec. 2022)

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XPAR:MLIRF Innovative-RFK SpA XPAR:MLIRF
70 GF Score
Price €1.80
GF Value €5.60
Valuation Possible Value Trap
! 2 Warning Signs
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What is Innovative-RFK SpA Accounts Receivable?

Innovative-RFK SpA XPAR:MLIRF 70 Accounts Receivable is €0.02 Mil as of Dec. 2022. GuruFocus rates XPAR:MLIRF with a GF Score™ of 70/100 and a GF Value™ of €5.60 (Possible Value Trap). The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Innovative-RFK SpA's accounts receivables for the quarter that ended in Dec. 2022 was €0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Innovative-RFK SpA's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 125.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Innovative-RFK SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €0.49.


Innovative-RFK 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.

Innovative-RFK SpA's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.021181/0.030735*91
=125.77

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

Innovative-RFK SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(7.604742+0.75 * 0.021181+0.5 * 0-1.933792
-0-0)/11.53591
=0.49

* 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.


Innovative-RFK SpA Accounts Receivable Related Terms


Innovative-RFK SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Innovative-RFK 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.

Innovative-RFK SpA Accounts Receivable Chart

Innovative-RFK SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
0.04 0.02 0.05 0.06 0.07

Innovative-RFK SpA Semi-Annual Data
Jun21 Dec21 Jun22 Dec22
Accounts Receivable 0.04 0.04 0.05 0.02
XPAR:MLIRF
70GF Score
Innovative-RFK SpA XPAR:MLIRF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative-RFK 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 €0.02 Mil mean?
Innovative-RFK SpA (XPAR:MLIRF) has a Accounts Receivable of €0.02 Mil as of Dec. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Innovative-RFK SpA and its competitors.
Is Innovative-RFK SpA's Accounts Receivable too high?
Innovative-RFK SpA's current Accounts Receivable is €0.02 Mil. Overall, Innovative-RFK SpA has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Innovative-RFK SpA's Accounts Receivable compare to BLK and BX?
Innovative-RFK SpA's Accounts Receivable of €0.02 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Accounts Receivable depends on the Asset Management 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 Innovative-RFK SpA and its competitors. Innovative-RFK SpA's current Accounts Receivable is €0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative-RFK SpA stock overvalued right now?
Based on GuruFocus' analysis, Innovative-RFK SpA (XPAR:MLIRF) is currently considered Possible Value Trap. The stock's GF Value™ is €5.60, compared to a current price of €1.80 — trading 67.9% below its estimated fair value. The current Accounts Receivable is €0.02 Mil. Innovative-RFK SpA's overall GF Score™ is 70/100 with 2 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 Innovative-RFK SpA (XPAR:MLIRF), the current Accounts Receivable is €0.02 Mil as of Dec. 2022. 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 Innovative-RFK SpA (XPAR:MLIRF) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative-RFK SpA stock appears to be undervalued. The current stock price of €1.80 is trading 67.9% below its estimated GF Value™ of €5.60. GuruFocus considers Innovative-RFK SpA to be Possible Value Trap.

Key valuation signals for XPAR:MLIRF:

  • Accounts Receivable: €0.02 Mil
  • GF Value™: €5.60 vs. price of €1.80 (67.9% below fair value)
  • GF Score™: 70/100 with 2 warning signs

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


Innovative-RFK SpA Business Description

Address Via del Carmine 11, Milano, ITA, 20121
Innovative-RFK SpA is an investment fund investing in inventive Italian Small and medium-sized enterprises. The company's services include business consultancy services and corporate planning, management and operations consultancy on company policy, planning, organization, efficiency and control, company development and restructuring; consultancy services on marketing management to inventive start-ups and Small and medium-sized enterprises.
70GF Score

Get the complete analysis for XPAR:MLIRF

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

€1.80
Price
€5.60
GF Value