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PNE AGMIL:1PNE 48 Receivables Turnover is 0.92 as of Mar. 2026. GuruFocus rates MIL:1PNE with a GF Score™ of 48/100 and a GF Value™ of €25.95 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 413 Utilities - Independent Power Producers companies, PNE AG ranks worse than 61.99% 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. PNE AG's Revenue for the
three
months ended in Mar. 2026 was €56.2 Mil. PNE AG's average Accounts Receivable for the
three
months ended in Mar. 2026 was €61.4 Mil.
Hence, PNE AG's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.92.
PNE AG (MIL:1PNE) 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.
PNE AG Receivables Turnover Related Terms
PNE AG Receivables Turnover Historical Data
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The historical data trend for PNE AG'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.
For the Utilities - Renewable subindustry, PNE AG'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.
PNE AG Receivables Turnover vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PNE AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where PNE AG's Receivables Turnover falls into.
* 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.
PNE AG (MIL:1PNE) has a Receivables Turnover of 0.92 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 PNE AG and its competitors. According to the industry distribution chart, PNE AG ranks #256 out of 413 companies in the Utilities - Independent Power Producers industry, placing it in the top 62%.
Is PNE AG's Receivables Turnover too high?
PNE AG's current Receivables Turnover is 0.92. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.70. PNE AG's value of 0.92 is 83.9% below this industry median. Based on the distribution chart, PNE AG ranks #256 out of 413 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, PNE AG has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PNE AG's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PNE AG ranks #256 out of 413 companies for Receivables Turnover. This places PNE AG in the lower half of its industry. The industry median Receivables Turnover is 5.70. PNE AG's value of 0.92 is 83.9% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.70, based on 413 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. PNE AG's current Receivables Turnover of 0.92 is 83.9% 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 PNE AG and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNE AG's current Receivables Turnover is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE AG stock overvalued right now?
Based on GuruFocus' analysis, PNE AG (MIL:1PNE) is currently considered Possible Value Trap. The stock's GF Value™ is €25.95, compared to a current price of €10.78 — trading 58.5% below its estimated fair value. The current Receivables Turnover is 0.92 and 83.9% below the Utilities - Independent Power Producers industry median of 5.70. PNE AG's overall GF Score™ is 48/100 with 6 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 PNE AG (MIL:1PNE), the current Receivables Turnover is 0.92 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 PNE AG (MIL:1PNE) Overvalued in 2026?
Based on GuruFocus' analysis, PNE AG stock appears to be undervalued.
The current stock price of €10.78 is trading 58.5% below its estimated GF Value™ of €25.95.
GuruFocus considers PNE AG to be Possible Value Trap.
Key valuation signals for MIL:1PNE:
Receivables Turnover: 0.92
GF Value™: €25.95 vs. price of €10.78 (58.5% below fair value)
Industry Position: 83.9% below the Utilities - Independent Power Producers median (#256 of 413)
No single metric tells the full story. See the MIL:1PNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects), power generation, and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.
48GF Score
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