Novamarine SpA (MIL:NOVA) Days Sales Outstanding: 18.39 (As of Dec. 2025) — 28% Below Median

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:NOVA Novamarine SpA MIL:NOVA
18 GF Score
Price €8.60
! 1 Warning Sign
View Full Analysis

What is Novamarine SpA Days Sales Outstanding?

Novamarine SpA MIL:NOVA 18 Days Sales Outstanding is 18.39 as of Dec. 2025, which is 28% below its 10-year median of 25.57. GuruFocus rates MIL:NOVA with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 1,322 Vehicles & Parts companies, Novamarine SpA ranks better than 87.22% on this metric.

Novamarine SpA's average Accounts Receivable for the six months ended in Dec. 2025 was €2.07 Mil. Novamarine SpA's Revenue for the six months ended in Dec. 2025 was €20.54 Mil. Hence, Novamarine SpA's Days Sales Outstanding for the six months ended in Dec. 2025 was 18.39.

The historical rank and industry rank for Novamarine SpA's Days Sales Outstanding or its related term are showing as below:

MIL:NOVA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.27   Med: 25.57   Max: 30.34
Current: 19.95

During the past 5 years, Novamarine SpA's highest Days Sales Outstanding was 30.34. The lowest was 17.27. And the median was 25.57.

MIL:NOVA's Days Sales Outstanding is ranked better than
87.22% of 1322 companies
in the Vehicles & Parts industry
Industry Median: 60.945 vs MIL:NOVA: 19.95

Novamarine SpA's Days Sales Outstanding increased from Dec. 2024 (0.00) to Dec. 2025 (18.39).


Novamarine SpA  (MIL:NOVA) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Novamarine SpA Days Sales Outstanding Related Terms


Novamarine SpA Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Novamarine 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.

Novamarine SpA Days Sales Outstanding Chart

Novamarine SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
24.20 17.27 30.34 29.94 25.57

Novamarine SpA Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Jun25 Dec25
Days Sales Outstanding Get a 7-Day Free Trial 0.00 0.00 0.00 15.54 18.39

MIL:NOVA vs BC, THO, PII: Days Sales Outstanding Comparison

For the Recreational Vehicles subindustry, Novamarine 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.


Novamarine SpA Days Sales Outstanding vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Novamarine SpA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Novamarine SpA's Days Sales Outstanding falls into.


MIL:NOVA
18GF Score
Novamarine SpA MIL:NOVA
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novamarine SpA Days Sales Outstanding Calculation

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.

Accounts Receivable can be measured by Days Sales Outstanding.

Novamarine SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (1.857 + 3.267) / 2 ) / 36.566*365
=2.562 / 36.566*365
=25.57

Novamarine SpA's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding (Q: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (0.872 + 3.267) / 2 ) / 20.543*365 / 2
=2.0695 / 20.543*365 / 2
=18.39

* 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 Days Sales Outstanding →
What does a Days Sales Outstanding of 18.39 mean?
Novamarine SpA (MIL:NOVA) has a Days Sales Outstanding of 18.39 as of Dec. 2025. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Novamarine SpA and its competitors. This is 28% below median its historical median of 25.57. Over the past decade, Novamarine SpA's Days Sales Outstanding has ranged from 17.27 to 30.34. According to the industry distribution chart, Novamarine SpA ranks #169 out of 1322 companies in the Vehicles & Parts industry, placing it in the top 12.8%.
Is Novamarine SpA's Days Sales Outstanding too high?
Novamarine SpA's current Days Sales Outstanding of 18.39 is 28% below median its 10-year median of 25.57. Over the past 10 years, this metric has ranged from a low of 17.27 to a high of 30.34. The Vehicles & Parts industry median Days Sales Outstanding is 60.95. Novamarine SpA's value of 18.39 is 69.8% below this industry median. Based on the distribution chart, Novamarine SpA ranks #169 out of 1322 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Novamarine SpA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Novamarine SpA's Days Sales Outstanding compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Novamarine SpA ranks #169 out of 1322 companies for Days Sales Outstanding. This places Novamarine SpA in the top 13% of its industry — outperforming the majority of peers. The industry median Days Sales Outstanding is 60.95. Novamarine SpA's value of 18.39 is 69.8% below this benchmark. Historically, Novamarine SpA's own Days Sales Outstanding has ranged from 17.27 to 30.34 over the past decade. While the company's 10-year median is 25.57 vs. the industry median of 60.95, Novamarine SpA has consistently been below 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 Vehicles & Parts company?
The median Days Sales Outstanding among Vehicles & Parts companies is 60.95, based on 1,322 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. Novamarine SpA's current Days Sales Outstanding of 18.39 is 69.8% below 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 Novamarine SpA and its competitors. For the Vehicles & Parts industry, the median Days Sales Outstanding is 60.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novamarine SpA's current Days Sales Outstanding is 18.39, which is 28% below median its own 10-year median of 25.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novamarine SpA stock overvalued right now?
Novamarine SpA (MIL:NOVA) has a current Days Sales Outstanding of 18.39. The current Days Sales Outstanding is 18.39, which is 28% below median its 10-year median of 25.57 and 69.8% below the Vehicles & Parts industry median of 60.95. Novamarine SpA's overall GF Score™ is 18/100 with 1 warning sign 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 Novamarine SpA (MIL:NOVA), the current Days Sales Outstanding is 18.39 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.

Novamarine SpA Business Description

Address Via Rocco de Salvo, Olbia, ITA, 07026
Novamarine SpA is a company active in the design, production and marketing of high-performance pleasure boats in the pleasure and professional segments.
18GF Score

Get the complete analysis for MIL:NOVA

Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.60
Price