ETS Engineering and Technical Services SpA (MIL:ETS) Change In Receivables: €-2.31 Mil (TTM As of Dec. 2025)

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MIL:ETS ETS Engineering and Technical Services SpA MIL:ETS
21 GF Score
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What is ETS Engineering and Technical Services SpA Change In Receivables?

ETS Engineering and Technical Services SpA MIL:ETS 21 Change In Receivables is €-2.31 Mil as of Dec. 2025. GuruFocus rates MIL:ETS with a GF Score™ of 21/100. The stock has 4 warning signs investors should review.

ETS Engineering and Technical Services SpA's change in receivables for the quarter that ended in Dec. 2025 was €-2.64 Mil. It means ETS Engineering and Technical Services SpA's Accounts Receivable increased by €2.64 Mil from Jun. 2025 to Dec. 2025 .

ETS Engineering and Technical Services SpA's change in receivables for the fiscal year that ended in Dec. 2025 was €-2.31 Mil. It means ETS Engineering and Technical Services SpA's Accounts Receivable increased by €2.31 Mil from Dec. 2024 to Dec. 2025 .

ETS Engineering and Technical Services SpA's Accounts Receivable for the quarter that ended in Dec. 2025 was €8.53 Mil.

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 Receivable are being managed. ETS Engineering and Technical Services SpA's Days Sales Outstanding for the six months ended in Dec. 2025 was 162.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ETS Engineering and Technical Services SpA's liquidation value for the six months ended in Dec. 2025 was €5.41 Mil.


ETS Engineering and Technical Services SpA  (MIL:ETS) Change In Receivables 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 Receivable are being managed.

ETS Engineering and Technical Services 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
=8.525/9.551*91
=162.90

2. In Ben Graham's calculation of liquidation value, ETS Engineering and Technical Services SpA's accounts receivable are only considered to be worth 75% of book value:

ETS Engineering and Technical Services SpA's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.117-7.1+0.75 * 8.525+0.5 * 0
=5.41

* 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.


ETS Engineering and Technical Services SpA Change In Receivables Related Terms


ETS Engineering and Technical Services SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for ETS Engineering and Technical Services SpA's Change In Receivables 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.

ETS Engineering and Technical Services SpA Change In Receivables Chart

ETS Engineering and Technical Services SpA Annual Data
Trend Dec23 Dec24 Dec25
Change In Receivables
-2.35 1.06 -2.31

ETS Engineering and Technical Services SpA Semi-Annual Data
Dec23 Dec24 Jun25 Dec25
Change In Receivables 0.00 0.00 0.32 -2.64
MIL:ETS
21GF Score
ETS Engineering and Technical Services SpA MIL:ETS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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ETS Engineering and Technical Services SpA Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.31 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-2.31 Mil mean?
ETS Engineering and Technical Services SpA (MIL:ETS) has a Change In Receivables of €-2.31 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for ETS Engineering and Technical Services SpA and its competitors.
Is ETS Engineering and Technical Services SpA's Change In Receivables too high?
ETS Engineering and Technical Services SpA's current Change In Receivables is €-2.31 Mil. Overall, ETS Engineering and Technical Services SpA has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does ETS Engineering and Technical Services SpA's Change In Receivables compare to PWR and FIX?
ETS Engineering and Technical Services SpA's Change In Receivables of €-2.31 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 Change In Receivables for a Construction company?
A good Change In Receivables depends on the Construction industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for ETS Engineering and Technical Services SpA and its competitors. ETS Engineering and Technical Services SpA's current Change In Receivables is €-2.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETS Engineering and Technical Services SpA stock overvalued right now?
ETS Engineering and Technical Services SpA (MIL:ETS) has a current Change In Receivables of €-2.31 Mil. The current Change In Receivables is €-2.31 Mil. ETS Engineering and Technical Services SpA's overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For ETS Engineering and Technical Services SpA (MIL:ETS), the current Change In Receivables is €-2.31 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.

ETS Engineering and Technical Services SpA Business Description

Address Via Angelo Mazzi, 32, Villa d'Alme, Bergamo, ITA, 24018
ETS Engineering and Technical Services SpA is an engineering company. The company offers integrated services in civil and systems engineering. It provides end-to-end solutions from feasibility studies and energy diagnostics to design, project management, and site supervision, ensuring efficiency, cost control, and technical excellence for both public and private clients.
21GF Score

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

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