Fiera Milano SpA (CHIX:FMM) Receivables Turnover: 1.93 (As of Mar. 2026)


CHIX:FMM Fiera Milano SpA CHIX:FMM
72 GF Score
Price €3.13
GF Value €2.08
! 3 Warning Signs
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What is Fiera Milano SpA Receivables Turnover?

Fiera Milano SpA CHIX:FMM 72 Receivables Turnover is 1.93 as of Mar. 2026. GuruFocus rates CHIX:FMM with a GF Score™ of 72/100 and a GF Value™ of €2.08. The stock has 3 warning signs investors should review. Among 1,060 Business Services companies, Fiera Milano SpA ranks better than 53.21% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Fiera Milano SpA's Revenue for the three months ended in Mar. 2026 was €126.4 Mil. Fiera Milano SpA's average Accounts Receivable for the three months ended in Mar. 2026 was €65.4 Mil. Hence, Fiera Milano SpA's Receivables Turnover for the three months ended in Mar. 2026 was 1.93.


Fiera Milano SpA  (CHIX:FMm) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Fiera Milano SpA Receivables Turnover Related Terms


Fiera Milano SpA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Fiera Milano SpA's Receivables Turnover 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.

Fiera Milano SpA Receivables Turnover Chart

Fiera Milano SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.40 8.20 8.82 6.80 8.79

Fiera Milano SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover 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 1.07 1.67 0.77 2.51 1.93

CHIX:FMM vs CTAS, CPRT, ULS: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Fiera Milano SpA's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Fiera Milano SpA Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Fiera Milano SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fiera Milano SpA's Receivables Turnover falls into.


CHIX:FMM
72GF Score
Fiera Milano SpA CHIX:FMM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiera Milano SpA Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Fiera Milano SpA's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=379.887 / ((45.437 + 40.983) / 2 )
=379.887 / 43.21
=8.79

Fiera Milano SpA's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=126.387 / ((40.983 + 89.798) / 2 )
=126.387 / 65.3905
=1.93

* 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 Receivables Turnover →
What does a Receivables Turnover of 1.93 mean?
Fiera Milano SpA (CHIX:FMM) has a Receivables Turnover of 1.93 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Fiera Milano SpA and its competitors. According to the industry distribution chart, Fiera Milano SpA ranks #496 out of 1060 companies in the Business Services industry, placing it in the top 46.8%.
Is Fiera Milano SpA's Receivables Turnover too high?
Fiera Milano SpA's current Receivables Turnover is 1.93. The Business Services industry median Receivables Turnover is 6.16. Fiera Milano SpA's value of 1.93 is 68.6% below this industry median. Based on the distribution chart, Fiera Milano SpA ranks #496 out of 1060 companies in the Business Services industry, which is above the industry midpoint. Overall, Fiera Milano SpA has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Milano SpA's Receivables Turnover compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Fiera Milano SpA ranks #496 out of 1060 companies for Receivables Turnover. This puts Fiera Milano SpA in the upper half of its industry. The industry median Receivables Turnover is 6.16. Fiera Milano SpA's value of 1.93 is 68.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Business Services company?
The median Receivables Turnover among Business Services companies is 6.16, based on 1,060 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fiera Milano SpA's current Receivables Turnover of 1.93 is 68.6% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Fiera Milano SpA and its competitors. For the Business Services industry, the median Receivables Turnover is 6.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Milano SpA's current Receivables Turnover is 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Milano SpA stock overvalued right now?
Fiera Milano SpA (CHIX:FMM) has a current Receivables Turnover of 1.93. The stock's GF Value™ is €2.08, compared to a current price of €3.13 — trading 50.5% above its estimated fair value. The current Receivables Turnover is 1.93 and 68.6% below the Business Services industry median of 6.16. Fiera Milano SpA's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Fiera Milano SpA (CHIX:FMM), the current Receivables Turnover is 1.93 as of Mar. 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 Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?

Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued. The current stock price of €3.13 is trading 50.5% above its estimated GF Value™ of €2.08.

Key valuation signals for CHIX:FMM:

  • Receivables Turnover: 1.93
  • GF Value™: €2.08 vs. price of €3.13 (50.5% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 68.6% below the Business Services median (#496 of 1060)

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


Fiera Milano SpA Business Description

Other Exchanges FM:Italy0EGH:UKFM3:Germany
Address Strada Statale del Sempione, Rho, Milan, ITA, 28-20017
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.
72GF Score

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

€3.13
Price
€2.08
GF Value