Frendy Energy SpA (MIL:FRE) Change In Receivables: €0.20 Mil (TTM As of Dec. 2025)


MIL:FRE Frendy Energy SpA MIL:FRE
28 GF Score
Price €0.18
GF Value €0.22
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Frendy Energy SpA Change In Receivables?

Frendy Energy SpA MIL:FRE 28 Change In Receivables is €0.20 Mil as of Dec. 2025. GuruFocus rates MIL:FRE with a GF Score™ of 28/100 and a GF Value™ of €0.22 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Frendy Energy SpA's change in receivables for the quarter that ended in Dec. 2025 was €0.24 Mil. It means Frendy Energy SpA's Accounts Receivable declined by €0.24 Mil from Jun. 2025 to Dec. 2025 .

Frendy Energy SpA's change in receivables for the fiscal year that ended in Dec. 2025 was €0.20 Mil. It means Frendy Energy SpA's Accounts Receivable declined by €0.20 Mil from Dec. 2024 to Dec. 2025 .

Frendy Energy SpA's Accounts Receivable for the quarter that ended in Dec. 2025 was €0.24 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. Frendy Energy SpA's Days Sales Outstanding for the six months ended in Dec. 2025 was 41.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Frendy Energy SpA's liquidation value for the six months ended in Dec. 2025 was €3.61 Mil.

Frendy Energy SpA  (MIL:FRE) 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.

Frendy Energy 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
=0.235/1.038*91
=41.32

2. In Ben Graham's calculation of liquidation value, Frendy Energy SpA's accounts receivable are only considered to be worth 75% of book value:

Frendy Energy 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)
=5.453-2.018+0.75 * 0.235+0.5 * 0
=3.61

* 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.

Frendy Energy SpA Change In Receivables Related Terms

Frendy Energy SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Frendy Energy 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.

Frendy Energy SpA Change In Receivables Chart

Frendy Energy SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 0.21 -0.11 -0.04 0.20

Frendy Energy SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Change In Receivables 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 0.21 -0.30 0.26 -0.04 0.24
MIL:FRE
28GF Score
Frendy Energy SpA MIL:FRE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Frendy Energy 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 €0.20 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 €0.20 Mil mean?
Frendy Energy SpA (MIL:FRE) has a Change In Receivables of €0.20 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Frendy Energy SpA and its competitors.
Is Frendy Energy SpA's Change In Receivables too high?
Frendy Energy SpA's current Change In Receivables is €0.20 Mil. Overall, Frendy Energy SpA has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frendy Energy SpA's Change In Receivables compare to competitors?
Frendy Energy SpA's Change In Receivables of €0.20 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Change In Receivables depends on the Utilities - Independent Power Producers 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 Frendy Energy SpA and its competitors. Frendy Energy SpA's current Change In Receivables is €0.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frendy Energy SpA stock overvalued right now?
Based on GuruFocus' analysis, Frendy Energy SpA (MIL:FRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.22, compared to a current price of €0.18 — trading 17.7% below its estimated fair value. The current Change In Receivables is €0.20 Mil. Frendy Energy SpA's overall GF Score™ is 28/100 with 2 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 Frendy Energy SpA (MIL:FRE), the current Change In Receivables is €0.20 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 Frendy Energy SpA (MIL:FRE) Overvalued in 2026?

Based on GuruFocus' analysis, Frendy Energy SpA stock appears to be undervalued. The current stock price of €0.18 is trading 17.7% below its estimated GF Value™ of €0.22. GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.

Key valuation signals for MIL:FRE:

  • Change In Receivables: €0.20 Mil
  • GF Value™: €0.22 vs. price of €0.18 (17.7% below fair value)
  • GF Score™: 28/100 with 2 warning signs

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

Frendy Energy SpA Business Description

Address Foro Buonaparte, 31, Milano, ITA, 20121
Frendy Energy SpA is an Italian company. It is engaged in building and operating mini hydropower plants towards the production and sale of electricity.
28GF Score

Get the complete analysis for MIL:FRE

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

€0.18
Price
€0.22
GF Value