Mare Engineering Group SpA (MIL:MARE) Receivables Turnover: 1.32 (As of Dec. 2025)

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MIL:MARE Mare Engineering Group SpA MIL:MARE
12 GF Score
Price €4.47
! 6 Warning Signs
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What is Mare Engineering Group SpA Receivables Turnover?

Mare Engineering Group SpA MIL:MARE -0.22% 12 Receivables Turnover is 1.32 as of Dec. 2025. GuruFocus rates MIL:MARE with a GF Score™ of 12/100. The stock has 6 warning signs investors should review. Among 1,763 Construction companies, Mare Engineering Group SpA ranks worse than 78.67% 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. Mare Engineering Group SpA's Revenue for the six months ended in Dec. 2025 was €39.28 Mil. Mare Engineering Group SpA's average Accounts Receivable for the six months ended in Dec. 2025 was €29.86 Mil. Hence, Mare Engineering Group SpA's Receivables Turnover for the six months ended in Dec. 2025 was 1.32.


Mare Engineering Group SpA  (MIL:MARE) 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.


Mare Engineering Group SpA Receivables Turnover Related Terms


Mare Engineering Group SpA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mare Engineering Group 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.

Mare Engineering Group SpA Receivables Turnover Chart

Mare Engineering Group SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
1.20 1.46 1.45 2.59 2.71

Mare Engineering Group SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 0.85 0.69 1.75 0.97 1.32

MIL:MARE vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Mare Engineering Group 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.


Mare Engineering Group SpA Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Mare Engineering Group SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mare Engineering Group SpA's Receivables Turnover falls into.


MIL:MARE
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Mare Engineering Group SpA MIL:MARE
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Mare Engineering Group SpA Receivables Turnover Calculation

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

Mare Engineering Group 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 )
=59.059 / ((12.466 + 31.19) / 2 )
=59.059 / 21.828
=2.71

Mare Engineering Group 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 )
=39.279 / ((28.521 + 31.19) / 2 )
=39.279 / 29.8555
=1.32

* 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 1.32 mean?
Mare Engineering Group SpA (MIL:MARE) has a Receivables Turnover of 1.32 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 Mare Engineering Group SpA and its competitors. According to the industry distribution chart, Mare Engineering Group SpA ranks #1387 out of 1763 companies in the Construction industry, placing it in the top 78.7%.
Is Mare Engineering Group SpA's Receivables Turnover too high?
Mare Engineering Group SpA's current Receivables Turnover is 1.32. The Construction industry median Receivables Turnover is 4.78. Mare Engineering Group SpA's value of 1.32 is 72.4% below this industry median. Based on the distribution chart, Mare Engineering Group SpA ranks #1387 out of 1763 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Mare Engineering Group SpA has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mare Engineering Group SpA's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Mare Engineering Group SpA ranks #1387 out of 1763 companies for Receivables Turnover. This places Mare Engineering Group SpA in the lower half of its industry. The industry median Receivables Turnover is 4.78. Mare Engineering Group SpA's value of 1.32 is 72.4% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,763 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. Mare Engineering Group SpA's current Receivables Turnover of 1.32 is 72.4% 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 Mare Engineering Group SpA and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mare Engineering Group SpA's current Receivables Turnover is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mare Engineering Group SpA stock overvalued right now?
Mare Engineering Group SpA (MIL:MARE) has a current Receivables Turnover of 1.32. The current Receivables Turnover is 1.32 and 72.4% below the Construction industry median of 4.78. Mare Engineering Group SpA's overall GF Score™ is 12/100 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 Mare Engineering Group SpA (MIL:MARE), the current Receivables Turnover is 1.32 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.

Mare Engineering Group SpA Business Description

Other Exchanges EZ3:Germany
Address Via ex Aeroporto, snc, c/o Il Sole Consortium, Lot XI, Pomigliano d'Arc, Naples, ITA, 80038
Mare Engineering Group SpA is an engineering consultancy company that has an objective to deliver engineering services to large companies.
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