TERRF (Terna SpA) Change In Receivables: $0 Mil (TTM As of Jun. 2026)

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TERRF Terna SpA TERRF
89 GF Score
Price $10.95
GF Value $10.97
Valuation Fairly Valued
! 3 Warning Signs
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What is Terna SpA Change In Receivables?

Terna SpA TERRF 89 Change In Receivables is $0 Mil as of Jun. 2026. GuruFocus rates TERRF with a GF Score™ of 89/100 and a GF Value™ of $10.97 (Fairly Valued). The stock has 3 warning signs investors should review.

Terna SpA's change in receivables for the quarter that ended in Jun. 2026 was $0 Mil. It means Terna SpA's Accounts Receivable stayed the same from Mar. 2026 to Jun. 2026 .

Terna SpA's change in receivables for the fiscal year that ended in Dec. 2025 was $-64 Mil. It means Terna SpA's Accounts Receivable increased by $64 Mil from Dec. 2024 to Dec. 2025 .

Terna SpA's Accounts Receivable for the quarter that ended in Jun. 2026 was $1,268 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. Terna SpA's Days Sales Outstanding for the three months ended in Jun. 2026 was 89.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Terna SpA's liquidation value for the three months ended in Jun. 2026 was $-18,430 Mil.


Terna SpA  (OTCPK:TERRF) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1267.512/1295.968*91
=89.25

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-19380.645+0.75 * 1267.512+0.5 * 0
=-18,430

* 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.


Terna SpA Change In Receivables Related Terms


Terna SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Terna 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.

Terna SpA Change In Receivables Chart

Terna 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 -1,799.21 302.86 283.10 -1,087.64 -64.05

Terna SpA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00
TERRF
89GF Score
Terna SpA TERRF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Terna 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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 Mil mean?
Terna SpA (TERRF) has a Change In Receivables of $0 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Terna SpA and its competitors.
Is Terna SpA's Change In Receivables too high?
Terna SpA's current Change In Receivables is $0 Mil. Overall, Terna SpA has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's Change In Receivables compare to NEE and SO?
Terna SpA's Change In Receivables of $0 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 Terna SpA and its competitors. Terna SpA's current Change In Receivables is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Based on GuruFocus' analysis, Terna SpA (TERRF) is currently considered Fairly Valued. The stock's GF Value™ is $10.97, compared to a current price of $10.95 — trading 0.2% below its estimated fair value. The current Change In Receivables is $0 Mil. Terna SpA's overall GF Score™ is 89/100 with 3 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 Terna SpA (TERRF), the current Change In Receivables is $0 Mil as of Jun. 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 Terna SpA (TERRF) Overvalued in 2026?

Based on GuruFocus' analysis, Terna SpA stock appears to be undervalued. The current stock price of $10.95 is trading 0.2% below its estimated GF Value™ of $10.97. GuruFocus considers Terna SpA to be Fairly Valued.

Key valuation signals for TERRF:

  • Change In Receivables: $0 Mil
  • GF Value™: $10.97 vs. price of $10.95 (0.2% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Terna SpA Business Description

Address Viale Egidio Galbani 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
89GF Score

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

$10.95
Price
$10.97
GF Value