Magis SpA (MIL:MGS) Change In Receivables: €-1.34 Mil (TTM As of Dec. 2025)

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:MGS Magis SpA MIL:MGS
62 GF Score
Price €9.60
GF Value €11.38
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Magis SpA Change In Receivables?

Magis SpA MIL:MGS +1.05% 62 Change In Receivables is €-1.34 Mil as of Dec. 2025. GuruFocus rates MIL:MGS with a GF Score™ of 62/100 and a GF Value™ of €11.38 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Magis SpA's change in receivables for the quarter that ended in Dec. 2025 was €1.94 Mil. It means Magis SpA's Accounts Receivable declined by €1.94 Mil from Jun. 2025 to Dec. 2025 .

Magis SpA's change in receivables for the fiscal year that ended in Dec. 2025 was €-1.34 Mil. It means Magis SpA's Accounts Receivable increased by €1.34 Mil from Dec. 2024 to Dec. 2025 .

Magis SpA's Accounts Receivable for the quarter that ended in Dec. 2025 was €13.67 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. Magis SpA's Days Sales Outstanding for the six months ended in Dec. 2025 was 68.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Magis SpA's liquidation value for the six months ended in Dec. 2025 was €7.88 Mil.


Magis SpA  (MIL:MGS) 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.

Magis 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
=13.67/36.473*91
=68.40

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

Magis 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)
=13.359-22.54+0.75 * 13.67+0.5 * 13.616
=7.88

* 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.


Magis SpA Change In Receivables Related Terms


Magis SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Magis 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.

Magis SpA Change In Receivables Chart

Magis SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial -3.79 -0.05 -1.20 1.74 -1.34

Magis SpA Semi-Annual Data
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 -0.30 1.97 -0.23 -3.28 1.94
MIL:MGS
62GF Score
Magis SpA MIL:MGS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magis 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 €-1.34 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 €-1.34 Mil mean?
Magis SpA (MIL:MGS) has a Change In Receivables of €-1.34 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Magis SpA and its competitors.
Is Magis SpA's Change In Receivables too high?
Magis SpA's current Change In Receivables is €-1.34 Mil. Overall, Magis SpA has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magis SpA's Change In Receivables compare to LIN and SHW?
Magis SpA's Change In Receivables of €-1.34 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Change In Receivables depends on the Chemicals 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 Magis SpA and its competitors. Magis SpA's current Change In Receivables is €-1.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magis SpA stock overvalued right now?
Based on GuruFocus' analysis, Magis SpA (MIL:MGS) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.38, compared to a current price of €9.60 — trading 15.6% below its estimated fair value. The current Change In Receivables is €-1.34 Mil. Magis SpA's overall GF Score™ is 62/100 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 Magis SpA (MIL:MGS), the current Change In Receivables is €-1.34 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 Magis SpA (MIL:MGS) Overvalued in 2026?

Based on GuruFocus' analysis, Magis SpA stock appears to be undervalued. The current stock price of €9.60 is trading 15.6% below its estimated GF Value™ of €11.38. GuruFocus considers Magis SpA to be Modestly Undervalued.

Key valuation signals for MIL:MGS:

  • Change In Receivables: €-1.34 Mil
  • GF Value™: €11.38 vs. price of €9.60 (15.6% below fair value)
  • GF Score™: 62/100 with 2 warning signs

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


Magis SpA Business Description

Other Exchanges ZF6:Germany
Address Via Ponte Cerretano, 24, Cerreto Guidi, Florence, ITA, 50050
Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.
62GF Score

Get the complete analysis for MIL:MGS

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

€9.60
Price
€11.38
GF Value