Spindox SpA (MIL:SPN) Days Sales Outstanding: 94.35 (As of Jun. 2025) — 22% Below Median

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MIL:SPN Spindox SpA MIL:SPN
57 GF Score
Price €12.95
GF Value €10.82
! 8 Warning Signs
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What is Spindox SpA Days Sales Outstanding?

Spindox SpA MIL:SPN 57 Days Sales Outstanding is 94.35 as of Jun. 2025, which is 22% below its 10-year median of 121.07. GuruFocus rates MIL:SPN with a GF Score™ of 57/100 and a GF Value™ of €10.82. The stock has 8 warning signs investors should review.

Spindox SpA's average Accounts Receivable for the six months ended in Jun. 2025 was €26.6 Mil. Spindox SpA's Revenue for the six months ended in Jun. 2025 was €51.4 Mil. Hence, Spindox SpA's Days Sales Outstanding for the six months ended in Jun. 2025 was 94.35.

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

MIL:SPN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 98.78   Med: 121.07   Max: 124.09
Current: 98.78

During the past 7 years, Spindox SpA's highest Days Sales Outstanding was 124.09. The lowest was 98.78. And the median was 121.07.

MIL:SPN's Days Sales Outstanding is not ranked
in the Software industry.
Industry Median: 60.435 vs MIL:SPN: 98.78

Spindox SpA's Days Sales Outstanding declined from Jun. 2024 (112.25) to Jun. 2025 (94.35).


Spindox SpA  (MIL:SPN) Days Sales Outstanding Explanation

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


Spindox SpA Days Sales Outstanding Related Terms


Spindox SpA Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Spindox 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.

Spindox SpA Days Sales Outstanding Chart

Spindox SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial 120.57 114.37 125.31 123.93 101.43

Spindox SpA Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only 119.66 120.73 112.25 100.37 94.35

MIL:SPN vs IBM, ACN, CTSH: Days Sales Outstanding Comparison

For the Information Technology Services subindustry, Spindox 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.


Spindox SpA Days Sales Outstanding vs Software Industry

For the Software industry and Technology sector, Spindox SpA's Days Sales Outstanding distribution charts can be found below:

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


MIL:SPN
57GF Score
Spindox SpA MIL:SPN
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Spindox 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.

Spindox SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (33.544208 + 25.168687) / 2 ) / 105.63916*365
=29.3564475 / 105.63916*365
=101.43

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

Days Sales Outstanding (Q: Jun. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count ) / Revenue (A: Jun. 2025 )*Days in Period
=( (25.168687 + 27.996978) / 2 ) / 51.416515*365 / 2
=26.5828325 / 51.416515*365 / 2
=94.35

* 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 94.35 mean?
Spindox SpA (MIL:SPN) has a Days Sales Outstanding of 94.35 as of Jun. 2025. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Spindox SpA and its competitors. This is 22% below median its historical median of 121.07. Over the past decade, Spindox SpA's Days Sales Outstanding has ranged from 98.78 to 124.09.
Is Spindox SpA's Days Sales Outstanding too high?
Spindox SpA's current Days Sales Outstanding of 94.35 is 22% below median its 10-year median of 121.07. Over the past 10 years, this metric has ranged from a low of 98.78 to a high of 124.09. The Software industry median Days Sales Outstanding is 60.44. Spindox SpA's value of 94.35 is 56.1% above this industry median. Overall, Spindox SpA has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Spindox SpA's Days Sales Outstanding compare to IBM and ACN?
Spindox SpA's Days Sales Outstanding of 94.35 can be compared against companies in the Software industry. The industry median Days Sales Outstanding is 60.44. Spindox SpA's value of 94.35 is 56.1% above this benchmark. Historically, Spindox SpA's own Days Sales Outstanding has ranged from 98.78 to 124.09 over the past decade. While the company's 10-year median is 121.07 vs. the industry median of 60.44, Spindox 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 60.44, based on 2,774 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. Spindox SpA's current Days Sales Outstanding of 94.35 is 56.1% 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 Spindox SpA and its competitors. For the Software industry, the median Days Sales Outstanding is 60.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindox SpA's current Days Sales Outstanding is 94.35, which is 22% below median its own 10-year median of 121.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindox SpA stock overvalued right now?
Spindox SpA (MIL:SPN) has a current Days Sales Outstanding of 94.35. The stock's GF Value™ is €10.82, compared to a current price of €12.95 — trading 19.7% above its estimated fair value. The current Days Sales Outstanding is 94.35, which is 22% below median its 10-year median of 121.07 and 56.1% above the Software industry median of 60.44. Spindox SpA's overall GF Score™ is 57/100 with 8 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 Spindox SpA (MIL:SPN), the current Days Sales Outstanding is 94.35 as of Jun. 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 Spindox SpA (MIL:SPN) Overvalued in 2026?

Based on GuruFocus' analysis, Spindox SpA stock appears to be overvalued. The current stock price of €12.95 is trading 19.7% above its estimated GF Value™ of €10.82.

Key valuation signals for MIL:SPN:

  • Days Sales Outstanding: 94.35 (22% below median its 10-year median of 121.07)
  • GF Value™: €10.82 vs. price of €12.95 (19.7% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 56.1% above the Software median

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


Spindox SpA Business Description

Address via Bisceglie 76, Milan, ITA, 20152
Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.
57GF Score

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

€12.95
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€10.82
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