Meglioquesto SpA (MIL:MQSPA) Receivables Turnover: 0.02 (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:MQSPA Meglioquesto SpA MIL:MQSPA
20 GF Score
Price €0.22
View Full Analysis

What is Meglioquesto SpA Receivables Turnover?

Meglioquesto SpA MIL:MQSPA 20 Receivables Turnover is 0.02 as of Jun. 2023. GuruFocus rates MIL:MQSPA with a GF Score™ of 20/100.

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. Meglioquesto SpA's Revenue for the six months ended in Jun. 2023 was €0.68 Mil. Meglioquesto SpA's average Accounts Receivable for the six months ended in Jun. 2023 was €33.08 Mil. Hence, Meglioquesto SpA's Receivables Turnover for the six months ended in Jun. 2023 was 0.02.


Meglioquesto SpA  (MIL:MQSPA) 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.


Meglioquesto SpA Receivables Turnover Related Terms


Meglioquesto SpA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Meglioquesto 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.

Meglioquesto SpA Receivables Turnover Chart

Meglioquesto SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
5.71 4.82 3.63 2.92

Meglioquesto SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover Get a 7-Day Free Trial 2.40 1.94 0.03 2.85 0.02

MIL:MQSPA vs GOOGL, META, BIDU: Receivables Turnover Comparison

For the Internet Content & Information subindustry, Meglioquesto 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.


Meglioquesto SpA Receivables Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meglioquesto SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Meglioquesto SpA's Receivables Turnover falls into.


MIL:MQSPA
20GF Score
Meglioquesto SpA MIL:MQSPA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meglioquesto SpA Receivables Turnover Calculation

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

Meglioquesto SpA's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=79.272 / ((23.045 + 31.281) / 2 )
=79.272 / 27.163
=2.92

Meglioquesto SpA's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=0.677 / ((31.281 + 34.887) / 2 )
=0.677 / 33.084
=0.02

* 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 0.02 mean?
Meglioquesto SpA (MIL:MQSPA) has a Receivables Turnover of 0.02 as of Jun. 2023. 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 Meglioquesto SpA and its competitors.
Is Meglioquesto SpA's Receivables Turnover too high?
Meglioquesto SpA's current Receivables Turnover is 0.02. The Interactive Media industry median Receivables Turnover is 7.84. Meglioquesto SpA's value of 0.02 is 99.7% below this industry median. Overall, Meglioquesto SpA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Meglioquesto SpA's Receivables Turnover compare to GOOGL and META?
Meglioquesto SpA's Receivables Turnover of 0.02 can be compared against companies in the Interactive Media industry. The industry median Receivables Turnover is 7.84. Meglioquesto SpA's value of 0.02 is 99.7% 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 Interactive Media company?
The median Receivables Turnover among Interactive Media companies is 7.84, based on 542 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. Meglioquesto SpA's current Receivables Turnover of 0.02 is 99.7% 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 Meglioquesto SpA and its competitors. For the Interactive Media industry, the median Receivables Turnover is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meglioquesto SpA's current Receivables Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meglioquesto SpA stock overvalued right now?
Meglioquesto SpA (MIL:MQSPA) has a current Receivables Turnover of 0.02. The current Receivables Turnover is 0.02 and 99.7% below the Interactive Media industry median of 7.84. Meglioquesto SpA's overall GF Score™ is 20/100. 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 Meglioquesto SpA (MIL:MQSPA), the current Receivables Turnover is 0.02 as of Jun. 2023. 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.

Meglioquesto SpA Business Description

Address Via Tucidide, 56, Milano, ITA, 20134
Meglioquesto SpA is a portal that provides professional, personal and free assistance and offers a solution or service in line with requests, in total transparency. It constantly analyzes and compares offers and services to give the best customized solutions.
20GF Score

Get the complete analysis for MIL:MQSPA

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

€0.22
Price