Vinext SpA (MIL:VNXT) Change In Receivables: €-0.39 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:VNXT Vinext SpA MIL:VNXT
13 GF Score
Price €1.97
! 5 Warning Signs
View Full Analysis

What is Vinext SpA Change In Receivables?

Vinext SpA MIL:VNXT +1.03% 13 Change In Receivables is €-0.39 Mil as of Dec. 2025. GuruFocus rates MIL:VNXT with a GF Score™ of 13/100. The stock has 5 warning signs investors should review.

Vinext SpA's change in receivables for the quarter that ended in Dec. 2025 was €-0.36 Mil. It means Vinext SpA's Accounts Receivable increased by €0.36 Mil from Jun. 2025 to Dec. 2025 .

Vinext SpA's change in receivables for the fiscal year that ended in Dec. 2025 was €-0.39 Mil. It means Vinext SpA's Accounts Receivable increased by €0.39 Mil from Dec. 2024 to Dec. 2025 .

Vinext SpA's Accounts Receivable for the quarter that ended in Dec. 2025 was €3.34 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. Vinext SpA's Days Sales Outstanding for the six months ended in Dec. 2025 was 178.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vinext SpA's liquidation value for the six months ended in Dec. 2025 was €-1.46 Mil.


Vinext SpA  (MIL:VNXT) 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.

Vinext 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
=3.336/3.405*91
=178.80

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

Vinext 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)
=0.175-5.149+0.75 * 3.336+0.5 * 2.025
=-1.46

* 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.


Vinext SpA Change In Receivables Related Terms


Vinext SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Vinext 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.

Vinext SpA Change In Receivables Chart

Vinext SpA Annual Data
Trend Dec23 Dec24 Dec25
Change In Receivables
0.00 -1.01 -0.39

Vinext SpA Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Change In Receivables 0.00 0.00 0.00 -0.02 -0.36
MIL:VNXT
13GF Score
Vinext SpA MIL:VNXT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinext 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 €-0.39 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 €-0.39 Mil mean?
Vinext SpA (MIL:VNXT) has a Change In Receivables of €-0.39 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Vinext SpA and its competitors.
Is Vinext SpA's Change In Receivables too high?
Vinext SpA's current Change In Receivables is €-0.39 Mil. Overall, Vinext SpA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Vinext SpA's Change In Receivables compare to LIN and SHW?
Vinext SpA's Change In Receivables of €-0.39 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 Vinext SpA and its competitors. Vinext SpA's current Change In Receivables is €-0.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinext SpA stock overvalued right now?
Vinext SpA (MIL:VNXT) has a current Change In Receivables of €-0.39 Mil. The current Change In Receivables is €-0.39 Mil. Vinext SpA's overall GF Score™ is 13/100 with 5 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 Vinext SpA (MIL:VNXT), the current Change In Receivables is €-0.39 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.

Vinext SpA Business Description

Address Viale del Lavoro, 44, San Martino Buon Albergo, Verona, ITA, 37036
Vinext SpA is engaged in research, to provide solutions to the winemaking production chain , in terms of environmental impact, energy resources, water savings and management, and reduction of polluting emissions. It offers the agri-food sector solutions and customized consulting services for the recovery/reuse of process and washing water, the treatment of wastewater before discharge into the mains or surface water bodies, the sequestration and recovery of CO2 produced during processing, and the creation of soil improvers, fertilizers, and high-value natural compounds from production waste. The company's business units involve: Wine Products; Cleaning Sanitization, Ozone Engineering and Technology; and Agro.
13GF Score

Get the complete analysis for MIL:VNXT

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

€1.97
Price