Magis SpAMIL:MGS 60 Receivables Turnover is 2.48 as of Dec. 2025. GuruFocus rates MIL:MGS with a GF Score™ of 60/100 and a GF Value™ of €11.36 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,574 Chemicals companies, Magis SpA ranks worse than 51.33% 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. Magis SpA's Revenue for the
six
months ended in Dec. 2025 was €36.47 Mil. Magis SpA's average Accounts Receivable for the
six
months ended in Dec. 2025 was €14.69 Mil.
Hence, Magis SpA's Receivables Turnover for the
six
months ended in Dec. 2025 was 2.48.
Magis SpA (MIL:MGS) 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.
Magis SpA Receivables Turnover Related Terms
Magis SpA Receivables Turnover Historical Data
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The historical data trend for Magis 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.
MIL:MGS vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Magis 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.
Magis SpA Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Magis SpA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Magis 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.
Magis SpA (MIL:MGS) has a Receivables Turnover of 2.48 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 Magis SpA and its competitors. According to the industry distribution chart, Magis SpA ranks #808 out of 1574 companies in the Chemicals industry, placing it in the top 51.3%.
Is Magis SpA's Receivables Turnover too high?
Magis SpA's current Receivables Turnover is 2.48. The Chemicals industry median Receivables Turnover is 5.56. Magis SpA's value of 2.48 is 55.4% below this industry median. Based on the distribution chart, Magis SpA ranks #808 out of 1574 companies in the Chemicals industry, which is below the industry midpoint. Overall, Magis SpA has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magis SpA's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Magis SpA ranks #808 out of 1574 companies for Receivables Turnover. This places Magis SpA in the lower half of its industry. The industry median Receivables Turnover is 5.56. Magis SpA's value of 2.48 is 55.4% 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 1,574 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. Magis SpA's current Receivables Turnover of 2.48 is 55.4% 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 Magis 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. Magis SpA's current Receivables Turnover is 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magis SpA stock overvalued right now?
Based on GuruFocus' analysis, Magis SpA (MIL:MGS) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.36, compared to a current price of €9.70 — trading 14.6% below its estimated fair value. The current Receivables Turnover is 2.48 and 55.4% below the Chemicals industry median of 5.56. Magis SpA's overall GF Score™ is 60/100 with 2 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 Magis SpA (MIL:MGS), the current Receivables Turnover is 2.48 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 Magis SpA (MIL:MGS) Overvalued in 2026?
Based on GuruFocus' analysis, Magis SpA stock appears to be undervalued.
The current stock price of €9.70 is trading 14.6% below its estimated GF Value™ of €11.36.
GuruFocus considers Magis SpA to be Modestly Undervalued.
Key valuation signals for MIL:MGS:
Receivables Turnover: 2.48
GF Value™: €11.36 vs. price of €9.70 (14.6% below fair value)
Industry Position: 55.4% below the Chemicals median (#808 of 1574)
No single metric tells the full story. See the MIL:MGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.
60GF Score
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