ERG SpAMIL:ERG -0.42%76 Receivables Turnover is 1.71 as of Mar. 2026. GuruFocus rates MIL:ERG with a GF Score™ of 76/100 and a GF Value™ of €24.43 (Fairly Valued). The stock has 7 warning signs investors should review. Among 410 Utilities - Independent Power Producers companies, ERG SpA ranks better than 52.93% 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. ERG SpA's Revenue for the
three
months ended in Mar. 2026 was €231.0 Mil. ERG SpA's average Accounts Receivable for the
three
months ended in Mar. 2026 was €135.3 Mil.
Hence, ERG SpA's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.71.
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.
ERG SpA Receivables Turnover Related Terms
ERG SpA Receivables Turnover Historical Data
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The historical data trend for ERG 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.
For the Utilities - Renewable subindustry, ERG 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.
ERG SpA Receivables Turnover vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ERG SpA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where ERG SpA'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.
ERG SpA (MIL:ERG) has a Receivables Turnover of 1.71 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 ERG SpA and its competitors. According to the industry distribution chart, ERG SpA ranks #193 out of 410 companies in the Utilities - Independent Power Producers industry, placing it in the top 47.1%.
Is ERG SpA's Receivables Turnover too high?
ERG SpA's current Receivables Turnover is 1.71. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.75. ERG SpA's value of 1.71 is 70.3% below this industry median. Based on the distribution chart, ERG SpA ranks #193 out of 410 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, ERG SpA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ERG SpA's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, ERG SpA ranks #193 out of 410 companies for Receivables Turnover. This puts ERG SpA in the upper half of its industry. The industry median Receivables Turnover is 5.75. ERG SpA's value of 1.71 is 70.3% 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 5.75, based on 410 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. ERG SpA's current Receivables Turnover of 1.71 is 70.3% 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 ERG SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ERG SpA's current Receivables Turnover is 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ERG SpA stock overvalued right now?
Based on GuruFocus' analysis, ERG SpA (MIL:ERG) is currently considered Fairly Valued. The stock's GF Value™ is €24.43, compared to a current price of €23.50 — trading 3.8% below its estimated fair value. The current Receivables Turnover is 1.71 and 70.3% below the Utilities - Independent Power Producers industry median of 5.75. ERG SpA's overall GF Score™ is 76/100 with 7 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 ERG SpA (MIL:ERG), the current Receivables Turnover is 1.71 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 ERG SpA (MIL:ERG) Overvalued in 2026?
Based on GuruFocus' analysis, ERG SpA stock appears to be undervalued.
The current stock price of €23.50 is trading 3.8% below its estimated GF Value™ of €24.43.
GuruFocus considers ERG SpA to be Fairly Valued.
Key valuation signals for MIL:ERG:
Receivables Turnover: 1.71
GF Value™: €24.43 vs. price of €23.50 (3.8% below fair value)
Industry Position: 70.3% below the Utilities - Independent Power Producers median (#193 of 410)
No single metric tells the full story. See the MIL:ERG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ERG SpA produces electricity from clean, renewable, and sustainable sources. Its energy comes from the combination of natural resources such as wind and sun. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew which focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.
76GF Score
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