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Circle SpAMIL:CIRC -1.09%84 Days Sales Outstanding is 176.57 as of Dec. 2025, which is 0% above its 10-year median of 175.77. GuruFocus rates MIL:CIRC with a GF Score™ of 84/100 and a GF Value™ of €12.15 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,768 Software companies, Circle SpA ranks worse than 86.99% on this metric.
Circle SpA's average Accounts Receivable for the
six
months ended in Dec. 2025 was €11.62 Mil. Circle SpA's Revenue for the
six
months ended in Dec. 2025 was €12.01 Mil.
Hence, Circle SpA's Days Sales Outstanding for the
six
months ended in Dec. 2025 was 176.57.
The historical rank and industry rank for Circle SpA's Days Sales Outstanding or its related term are showing as below:
MIL:CIRC'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 144.11 Med: 175.77 Max: 218.98
Current: 161.71
During the past 11 years, Circle SpA's highest Days Sales Outstanding was 218.98. The lowest was 144.11. And the median was 175.77.
MIL:CIRC's Days Sales Outstanding is ranked worse than 86.99% of 2768
companies
in the Software industry
Industry Median: 60.36
vs MIL:CIRC: 161.71
Circle SpA's Days Sales Outstanding
declined
from Dec. 2024 (260.33) to Dec. 2025 (176.57).
Circle SpA (MIL:CIRC) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Circle SpA Days Sales Outstanding Related Terms
Circle SpA Days Sales Outstanding Historical Data
* Premium members only.
The historical data trend for Circle SpA's Days Sales Outstanding 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.
MIL:CIRC vs IBM, ACN, CTSH: Days Sales Outstanding Comparison
For the Information Technology Services subindustry, Circle SpA's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Circle SpA Days Sales Outstanding vs Software Industry
For the Software industry and Technology sector, Circle SpA's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Circle SpA's Days Sales Outstanding falls into.
Days Sales Outstanding measures 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.
* 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.
What does a Days Sales Outstanding of 176.57 mean?
Circle SpA (MIL:CIRC) has a Days Sales Outstanding of 176.57 as of Dec. 2025. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Circle SpA and its competitors. This is near median its historical median of 175.77. Over the past decade, Circle SpA's Days Sales Outstanding has ranged from 144.11 to 218.98. According to the industry distribution chart, Circle SpA ranks #2408 out of 2768 companies in the Software industry, placing it in the top 87%.
Is Circle SpA's Days Sales Outstanding too high?
Circle SpA's current Days Sales Outstanding of 176.57 is near median its 10-year median of 175.77. Over the past 10 years, this metric has ranged from a low of 144.11 to a high of 218.98. The Software industry median Days Sales Outstanding is 60.36. Circle SpA's value of 176.57 is 192.5% above this industry median. Based on the distribution chart, Circle SpA ranks #2408 out of 2768 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Circle SpA has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Circle SpA's Days Sales Outstanding compare to IBM and ACN?
According to the Software industry distribution chart, Circle SpA ranks #2408 out of 2768 companies for Days Sales Outstanding. This places Circle SpA in the lower half of its industry. The industry median Days Sales Outstanding is 60.36. Circle SpA's value of 176.57 is 192.5% above this benchmark. Historically, Circle SpA's own Days Sales Outstanding has ranged from 144.11 to 218.98 over the past decade. While the company's 10-year median is 175.77 vs. the industry median of 60.36, Circle SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Software company?
The median Days Sales Outstanding among Software companies is 60.36, based on 2,768 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Circle SpA's current Days Sales Outstanding of 176.57 is 192.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Circle SpA and its competitors. For the Software industry, the median Days Sales Outstanding is 60.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circle SpA's current Days Sales Outstanding is 176.57, which is near median its own 10-year median of 175.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle SpA stock overvalued right now?
Based on GuruFocus' analysis, Circle SpA (MIL:CIRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.15, compared to a current price of €13.60 — trading 11.9% above its estimated fair value. The current Days Sales Outstanding is 176.57, which is near median its 10-year median of 175.77 and 192.5% above the Software industry median of 60.36. Circle SpA's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Circle SpA (MIL:CIRC), the current Days Sales Outstanding is 176.57 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 Circle SpA (MIL:CIRC) Overvalued in 2026?
Based on GuruFocus' analysis, Circle SpA stock appears to be overvalued.
The current stock price of €13.60 is trading 11.9% above its estimated GF Value™ of €12.15.
GuruFocus considers Circle SpA to be Modestly Overvalued.
Key valuation signals for MIL:CIRC:
Days Sales Outstanding: 176.57 (near median its 10-year median of 175.77)
GF Value™: €12.15 vs. price of €13.60 (11.9% above fair value)
Industry Position: 192.5% above the Software median (#2408 of 2768)
No single metric tells the full story. See the MIL:CIRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Circle SpA is engaged in providing consulting services, technological solutions, and digital marketing services to companies operating predominantly in the logistics and transportation sectors. It provides strategic consulting services in the fields of port management, logistics, and transport, and also develops software solutions to optimize flow management and improve logistics processes. The company's service offerings in the digital marketing sector include; services for the analysis, identification, and use of multi-channel communication tools for the implementation of digital marketing strategies.
84GF Score
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