Industrie Chimiche Forestali SpA (MIL:ICF) Receivables Turnover: 1.70 (As of Dec. 2025)


MIL:ICF Industrie Chimiche Forestali SpA MIL:ICF
65 GF Score
Price €6.25
GF Value €5.17
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Industrie Chimiche Forestali SpA Receivables Turnover?

Industrie Chimiche Forestali SpA MIL:ICF +0.81% 65 Receivables Turnover is 1.70 as of Dec. 2025. GuruFocus rates MIL:ICF with a GF Score™ of 65/100 and a GF Value™ of €5.17 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,575 Chemicals companies, Industrie Chimiche Forestali SpA ranks worse than 83.87% 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. Industrie Chimiche Forestali SpA's Revenue for the six months ended in Dec. 2025 was €35.81 Mil. Industrie Chimiche Forestali SpA's average Accounts Receivable for the six months ended in Dec. 2025 was €21.03 Mil. Hence, Industrie Chimiche Forestali SpA's Receivables Turnover for the six months ended in Dec. 2025 was 1.70.


Industrie Chimiche Forestali SpA  (MIL:ICF) 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.


Industrie Chimiche Forestali SpA Receivables Turnover Related Terms


Industrie Chimiche Forestali SpA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Industrie Chimiche Forestali 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.

Industrie Chimiche Forestali SpA Receivables Turnover Chart

Industrie Chimiche Forestali SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.98 3.94 3.46 3.48 3.51

Industrie Chimiche Forestali SpA Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.64 1.73 1.58 1.76 1.70

MIL:ICF vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Industrie Chimiche Forestali 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.


Industrie Chimiche Forestali SpA Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Industrie Chimiche Forestali SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Industrie Chimiche Forestali SpA's Receivables Turnover falls into.


MIL:ICF
65GF Score
Industrie Chimiche Forestali SpA MIL:ICF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrie Chimiche Forestali SpA Receivables Turnover Calculation

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

Industrie Chimiche Forestali 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 )
=72.623 / ((20.575 + 20.801) / 2 )
=72.623 / 20.688
=3.51

Industrie Chimiche Forestali SpA's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=35.81 / ((21.257 + 20.801) / 2 )
=35.81 / 21.029
=1.70

* 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 1.70 mean?
Industrie Chimiche Forestali SpA (MIL:ICF) has a Receivables Turnover of 1.70 as of Dec. 2025. 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 Industrie Chimiche Forestali SpA and its competitors. According to the industry distribution chart, Industrie Chimiche Forestali SpA ranks #1321 out of 1575 companies in the Chemicals industry, placing it in the top 83.9%.
Is Industrie Chimiche Forestali SpA's Receivables Turnover too high?
Industrie Chimiche Forestali SpA's current Receivables Turnover is 1.70. The Chemicals industry median Receivables Turnover is 5.56. Industrie Chimiche Forestali SpA's value of 1.70 is 69.4% below this industry median. Based on the distribution chart, Industrie Chimiche Forestali SpA ranks #1321 out of 1575 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Industrie Chimiche Forestali SpA has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Industrie Chimiche Forestali SpA's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Industrie Chimiche Forestali SpA ranks #1321 out of 1575 companies for Receivables Turnover. This places Industrie Chimiche Forestali SpA in the lower half of its industry. The industry median Receivables Turnover is 5.56. Industrie Chimiche Forestali SpA's value of 1.70 is 69.4% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.56, based on 1,575 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. Industrie Chimiche Forestali SpA's current Receivables Turnover of 1.70 is 69.4% 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 Industrie Chimiche Forestali SpA and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrie Chimiche Forestali SpA's current Receivables Turnover is 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrie Chimiche Forestali SpA stock overvalued right now?
Based on GuruFocus' analysis, Industrie Chimiche Forestali SpA (MIL:ICF) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.17, compared to a current price of €6.25 — trading 20.9% above its estimated fair value. The current Receivables Turnover is 1.70 and 69.4% below the Chemicals industry median of 5.56. Industrie Chimiche Forestali SpA's overall GF Score™ is 65/100 with 4 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 Industrie Chimiche Forestali SpA (MIL:ICF), the current Receivables Turnover is 1.70 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.

Is Industrie Chimiche Forestali SpA (MIL:ICF) Overvalued in 2026?

Based on GuruFocus' analysis, Industrie Chimiche Forestali SpA stock appears to be overvalued. The current stock price of €6.25 is trading 20.9% above its estimated GF Value™ of €5.17. GuruFocus considers Industrie Chimiche Forestali SpA to be Modestly Overvalued.

Key valuation signals for MIL:ICF:

  • Receivables Turnover: 1.70
  • GF Value™: €5.17 vs. price of €6.25 (20.9% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 69.4% below the Chemicals median (#1321 of 1575)

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


Industrie Chimiche Forestali SpA Business Description

Other Exchanges IG0:Germany
Address Via Fratelli Kennedy, 75, Marcallo con Casone, Milano, ITA, 20010
Industrie Chimiche Forestali SpA is engaged in the design, production and marketing of high-tech adhesives and fabrics mainly for the following markets: footwear & leather goods, automotive and packaging.
65GF Score

Get the complete analysis for MIL:ICF

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

€6.25
Price
€5.17
GF Value