Sesa SpA (MIL:SES) Change In Receivables: €-49 Mil (TTM As of Apr. 2026)

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MIL:SES Sesa SpA MIL:SES
92 GF Score
Price €92.30
GF Value €105.64
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Sesa SpA Change In Receivables?

Sesa SpA MIL:SES -1.55% 92 Change In Receivables is €-49 Mil as of Apr. 2026. GuruFocus rates MIL:SES with a GF Score™ of 92/100 and a GF Value™ of €105.64 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Sesa SpA's change in receivables for the quarter that ended in Apr. 2026 was €195 Mil. It means Sesa SpA's Accounts Receivable declined by €195 Mil from Jan. 2026 to Apr. 2026 .

Sesa SpA's change in receivables for the fiscal year that ended in Apr. 2026 was €-49 Mil. It means Sesa SpA's Accounts Receivable increased by €49 Mil from Apr. 2025 to Apr. 2026 .

Sesa SpA's Accounts Receivable for the quarter that ended in Apr. 2026 was €651 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. Sesa SpA's Days Sales Outstanding for the three months ended in Apr. 2026 was 65.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sesa SpA's liquidation value for the three months ended in Apr. 2026 was €-658 Mil.


Sesa SpA  (MIL:SES) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=650.79/900.335*91
=65.96

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=584.052-1802.325+0.75 * 650.79+0.5 * 145.295
=-658

* 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.


Sesa SpA Change In Receivables Related Terms


Sesa SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Sesa 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.

Sesa SpA Change In Receivables Chart

Sesa SpA Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.86 -89.52 -8.68 18.81 -48.89

Sesa SpA Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 222.75 -18.34 3.78 -229.47 195.15
MIL:SES
92GF Score
Sesa SpA MIL:SES
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Sesa 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-49 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 €-49 Mil mean?
Sesa SpA (MIL:SES) has a Change In Receivables of €-49 Mil as of Apr. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sesa SpA and its competitors.
Is Sesa SpA's Change In Receivables too high?
Sesa SpA's current Change In Receivables is €-49 Mil. Overall, Sesa SpA has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sesa SpA's Change In Receivables compare to IBM and ACN?
Sesa SpA's Change In Receivables of €-49 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Sesa SpA and its competitors. Sesa SpA's current Change In Receivables is €-49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sesa SpA stock overvalued right now?
Based on GuruFocus' analysis, Sesa SpA (MIL:SES) is currently considered Modestly Undervalued. The stock's GF Value™ is €105.64, compared to a current price of €92.30 — trading 12.6% below its estimated fair value. The current Change In Receivables is €-49 Mil. Sesa SpA's overall GF Score™ is 92/100 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 Sesa SpA (MIL:SES), the current Change In Receivables is €-49 Mil as of Apr. 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 Sesa SpA (MIL:SES) Overvalued in 2026?

Based on GuruFocus' analysis, Sesa SpA stock appears to be undervalued. The current stock price of €92.30 is trading 12.6% below its estimated GF Value™ of €105.64. GuruFocus considers Sesa SpA to be Modestly Undervalued.

Key valuation signals for MIL:SES:

  • Change In Receivables: €-49 Mil
  • GF Value™: €105.64 vs. price of €92.30 (12.6% below fair value)
  • GF Score™: 92/100 with 9 warning signs

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


Sesa SpA Business Description

Address Via Piovola No. 138, Empoli, ITA, 50053
Sesa SpA and its subsidiaries are in the business of the distribution of value-added IT solutions and products. The firm functions through the Business Services Sector, Value Added Distribution, Corporate Sector, and the Software and System Integration segment. The activities of these segments include the distribution of software and hardware technologies, the supply of IT services and solutions, administrative and financial services, organization, planning, and control, management of information technologies, human resources, general, corporate, and legal affairs, activities related to logistics services and cloud computing.
92GF Score

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

€92.30
Price
€105.64
GF Value