Gruppo Green Power SpA (MIL:GGP) Change In Receivables: €-1.26 Mil (TTM As of Jun. 2020)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:GGP Gruppo Green Power SpA MIL:GGP
4 GF Score
Price €4.59
View Full Analysis

What is Gruppo Green Power SpA Change In Receivables?

Gruppo Green Power SpA MIL:GGP 4 Change In Receivables is €-1.26 Mil as of Jun. 2020. GuruFocus rates MIL:GGP with a GF Score™ of 4/100.

Gruppo Green Power SpA's change in receivables for the quarter that ended in Jun. 2020 was €-2.06 Mil. It means Gruppo Green Power SpA's Accounts Receivable increased by €2.06 Mil from Dec. 2019 to Jun. 2020 .

Gruppo Green Power SpA's change in receivables for the fiscal year that ended in Dec. 2019 was €0.63 Mil. It means Gruppo Green Power SpA's Accounts Receivable declined by €0.63 Mil from Dec. 2018 to Dec. 2019 .

Gruppo Green Power SpA's Accounts Receivable for the quarter that ended in Jun. 2020 was €2.75 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. Gruppo Green Power SpA's Days Sales Outstanding for the six months ended in Jun. 2020 was 150.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gruppo Green Power SpA's liquidation value for the six months ended in Jun. 2020 was €-10.72 Mil.

Gruppo Green Power SpA  (MIL:GGP) 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.

Gruppo Green Power SpA's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.747/3.332*91
=150.46

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

Gruppo Green Power SpA's liquidation value for the quarter that ended in Jun. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.309-13.711+0.75 * 2.747+0.5 * 1.253
=-10.72

* 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.

Gruppo Green Power SpA Change In Receivables Related Terms

Gruppo Green Power SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Gruppo Green Power 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.

Gruppo Green Power SpA Change In Receivables Chart

Gruppo Green Power SpA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 0.23 -0.45 -0.27 0.52 0.63

Gruppo Green Power SpA Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 0.03 0.49 -0.17 0.80 -2.06
MIL:GGP
4GF Score
Gruppo Green Power SpA MIL:GGP
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gruppo Green Power 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 Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.26 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 €-1.26 Mil mean?
Gruppo Green Power SpA (MIL:GGP) has a Change In Receivables of €-1.26 Mil as of Jun. 2020. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Gruppo Green Power SpA and its competitors.
Is Gruppo Green Power SpA's Change In Receivables too high?
Gruppo Green Power SpA's current Change In Receivables is €-1.26 Mil. Overall, Gruppo Green Power SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Gruppo Green Power SpA's Change In Receivables compare to ENPH and SEDG?
Gruppo Green Power SpA's Change In Receivables of €-1.26 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Change In Receivables depends on the Semiconductors 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 Gruppo Green Power SpA and its competitors. Gruppo Green Power SpA's current Change In Receivables is €-1.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gruppo Green Power SpA stock overvalued right now?
Gruppo Green Power SpA (MIL:GGP) has a current Change In Receivables of €-1.26 Mil. The current Change In Receivables is €-1.26 Mil. Gruppo Green Power SpA's overall GF Score™ is 4/100. 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 Gruppo Green Power SpA (MIL:GGP), the current Change In Receivables is €-1.26 Mil as of Jun. 2020. 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.

Gruppo Green Power SpA Business Description

Address Via Varotara 57, Mirano, ITA, 30035
Gruppo Green Power SpA provides services related to energy from renewable resources, such as water, sun, wind and geothermal energy. It offers photovoltaic systems, mini wind solar thermal systems and services.
4GF Score

Get the complete analysis for MIL:GGP

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

€4.59
Price