Iniziative Bresciane SpA (MIL:IB) Change In Receivables: €0.48 Mil (TTM As of Dec. 2025)

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MIL:IB Iniziative Bresciane SpA MIL:IB
62 GF Score
Price €9.10
GF Value €14.28
Valuation Possible Value Trap
! 9 Warning Signs
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What is Iniziative Bresciane SpA Change In Receivables?

Iniziative Bresciane SpA MIL:IB -2.15% 62 Change In Receivables is €0.48 Mil as of Dec. 2025. GuruFocus rates MIL:IB with a GF Score™ of 62/100 and a GF Value™ of €14.28 (Possible Value Trap). The stock has 9 warning signs investors should review.

Iniziative Bresciane SpA's change in receivables for the quarter that ended in Dec. 2025 was €2.78 Mil. It means Iniziative Bresciane SpA's Accounts Receivable declined by €2.78 Mil from Jun. 2025 to Dec. 2025 .

Iniziative Bresciane SpA's change in receivables for the fiscal year that ended in Dec. 2025 was €0.48 Mil. It means Iniziative Bresciane SpA's Accounts Receivable declined by €0.48 Mil from Dec. 2024 to Dec. 2025 .

Iniziative Bresciane SpA's Accounts Receivable for the quarter that ended in Dec. 2025 was €2.45 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. Iniziative Bresciane SpA's Days Sales Outstanding for the six months ended in Dec. 2025 was 47.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Iniziative Bresciane SpA's liquidation value for the six months ended in Dec. 2025 was €-119.58 Mil.

Iniziative Bresciane SpA  (MIL:IB) 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.

Iniziative Bresciane 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
=2.447/9.382*91
=47.60

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

Iniziative Bresciane 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)
=7.483-131.172+0.75 * 2.447+0.5 * 4.549
=-119.58

* 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.

Iniziative Bresciane SpA Change In Receivables Related Terms

Iniziative Bresciane SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Iniziative Bresciane 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.

Iniziative Bresciane SpA Change In Receivables Chart

Iniziative Bresciane 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 1.01 0.04 -1.16 1.42 0.48

Iniziative Bresciane 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 1.27 -3.33 4.75 -2.30 2.78
MIL:IB
62GF Score
Iniziative Bresciane SpA MIL:IB
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Iniziative Bresciane 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 €0.48 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 €0.48 Mil mean?
Iniziative Bresciane SpA (MIL:IB) has a Change In Receivables of €0.48 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Iniziative Bresciane SpA and its competitors.
Is Iniziative Bresciane SpA's Change In Receivables too high?
Iniziative Bresciane SpA's current Change In Receivables is €0.48 Mil. Overall, Iniziative Bresciane SpA has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Iniziative Bresciane SpA's Change In Receivables compare to competitors?
Iniziative Bresciane SpA's Change In Receivables of €0.48 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 Iniziative Bresciane SpA and its competitors. Iniziative Bresciane SpA's current Change In Receivables is €0.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iniziative Bresciane SpA stock overvalued right now?
Based on GuruFocus' analysis, Iniziative Bresciane SpA (MIL:IB) is currently considered Possible Value Trap. The stock's GF Value™ is €14.28, compared to a current price of €9.10 — trading 36.3% below its estimated fair value. The current Change In Receivables is €0.48 Mil. Iniziative Bresciane SpA's overall GF Score™ is 62/100 with 9 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 Iniziative Bresciane SpA (MIL:IB), the current Change In Receivables is €0.48 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 Iniziative Bresciane SpA (MIL:IB) Overvalued in 2026?

Based on GuruFocus' analysis, Iniziative Bresciane SpA stock appears to be undervalued. The current stock price of €9.10 is trading 36.3% below its estimated GF Value™ of €14.28. GuruFocus considers Iniziative Bresciane SpA to be Possible Value Trap.

Key valuation signals for MIL:IB:

  • Change In Receivables: €0.48 Mil
  • GF Value™: €14.28 vs. price of €9.10 (36.3% below fair value)
  • GF Score™: 62/100 with 9 warning signs

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

Iniziative Bresciane SpA Business Description

Address Piazza Vittoria 19, Breno, Brescia, ITA, 25043
Iniziative Bresciane SpA is an engineering and construction company. The company design, constructs and operates small and medium-sized hydroelectric plants. The company operates in Italy and its hydroelectric plants are mainly located in the provinces of Brescia, Bergamo, and Cremona.
62GF Score

Get the complete analysis for MIL:IB

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

€9.10
Price
€14.28
GF Value