Italgas SpA (MIL:IG) Change In Receivables: €357 Mil (TTM As of Mar. 2026)

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MIL:IG Italgas SpA MIL:IG
75 GF Score
Price €10.06
GF Value €7.76
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Italgas SpA Change In Receivables?

Italgas SpA MIL:IG +1.06% 75 Change In Receivables is €357 Mil as of Mar. 2026. GuruFocus rates MIL:IG with a GF Score™ of 75/100 and a GF Value™ of €7.76 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Italgas SpA's change in receivables for the quarter that ended in Mar. 2026 was €0 Mil. It means Italgas SpA's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

Italgas SpA's change in receivables for the fiscal year that ended in Dec. 2025 was €-103 Mil. It means Italgas SpA's Accounts Receivable increased by €103 Mil from Dec. 2024 to Dec. 2025 .

Italgas SpA's Accounts Receivable for the quarter that ended in Mar. 2026 was €1,061 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. Italgas SpA's Days Sales Outstanding for the three months ended in Mar. 2026 was 154.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Italgas SpA's liquidation value for the three months ended in Mar. 2026 was €-11,733 Mil.


Italgas SpA  (MIL:IG) 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.

Italgas SpA's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1060.8/625.9*91
=154.65

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

Italgas SpA's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1056.5-13620.6+0.75 * 1060.8+0.5 * 71.9
=-11,733

* 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.


Italgas SpA Change In Receivables Related Terms


Italgas SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Italgas 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.

Italgas SpA Change In Receivables Chart

Italgas 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 73.56 65.40 -511.30 -191.38 -103.07

Italgas SpA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -69.74 357.15 0.00 0.00 0.00
MIL:IG
75GF Score
Italgas SpA MIL:IG
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Italgas 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €357 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 €357 Mil mean?
Italgas SpA (MIL:IG) has a Change In Receivables of €357 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Italgas SpA and its competitors.
Is Italgas SpA's Change In Receivables too high?
Italgas SpA's current Change In Receivables is €357 Mil. Overall, Italgas SpA has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's Change In Receivables compare to ATO and NI?
Italgas SpA's Change In Receivables of €357 Mil can be compared against companies in the Utilities - Regulated 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 - Regulated company?
A good Change In Receivables depends on the Utilities - Regulated 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 Italgas SpA and its competitors. Italgas SpA's current Change In Receivables is €357 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (MIL:IG) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.76, compared to a current price of €10.06 — trading 29.6% above its estimated fair value. The current Change In Receivables is €357 Mil. Italgas SpA's overall GF Score™ is 75/100 with 7 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 Italgas SpA (MIL:IG), the current Change In Receivables is €357 Mil as of Mar. 2026. 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 Italgas SpA (MIL:IG) Overvalued in 2026?

Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued. The current stock price of €10.06 is trading 29.6% above its estimated GF Value™ of €7.76. GuruFocus considers Italgas SpA to be Modestly Overvalued.

Key valuation signals for MIL:IG:

  • Change In Receivables: €357 Mil
  • GF Value™: €7.76 vs. price of €10.06 (29.6% above fair value)
  • GF Score™: 75/100 with 7 warning signs

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


Italgas SpA Business Description

Address Via Carlo Bo 11, Milano, ITA, 20143
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
75GF Score

Get the complete analysis for MIL:IG

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

€10.06
Price
€7.76
GF Value