Novamarine SpAMIL:NOVA 17 Receivables Turnover is 10.62 as of Dec. 2025. GuruFocus rates MIL:NOVA with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 1,317 Vehicles & Parts companies, Novamarine SpA ranks better than 87.47% 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. Novamarine SpA's Revenue for the
six
months ended in Dec. 2025 was €20.99 Mil. Novamarine SpA's average Accounts Receivable for the
six
months ended in Dec. 2025 was €1.98 Mil.
Hence, Novamarine SpA's Receivables Turnover for the
six
months ended in Dec. 2025 was 10.62.
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.
Novamarine SpA Receivables Turnover Related Terms
Novamarine SpA Receivables Turnover Historical Data
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The historical data trend for Novamarine 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:NOVA vs BC, PII, THO: Receivables Turnover Comparison
For the Recreational Vehicles subindustry, Novamarine 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.
Novamarine SpA Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Novamarine SpA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Novamarine 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.
Novamarine SpA (MIL:NOVA) has a Receivables Turnover of 10.62 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 Novamarine SpA and its competitors. According to the industry distribution chart, Novamarine SpA ranks #165 out of 1317 companies in the Vehicles & Parts industry, placing it in the top 12.5%.
Is Novamarine SpA's Receivables Turnover too high?
Novamarine SpA's current Receivables Turnover is 10.62. The Vehicles & Parts industry median Receivables Turnover is 6.00. Novamarine SpA's value of 10.62 is 77% above this industry median. Based on the distribution chart, Novamarine SpA ranks #165 out of 1317 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Novamarine SpA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Novamarine SpA's Receivables Turnover compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Novamarine SpA ranks #165 out of 1317 companies for Receivables Turnover. This places Novamarine SpA in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.00. Novamarine SpA's value of 10.62 is 77% above 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,317 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. Novamarine SpA's current Receivables Turnover of 10.62 is 77% above 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 Novamarine SpA and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novamarine SpA's current Receivables Turnover is 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novamarine SpA stock overvalued right now?
Novamarine SpA (MIL:NOVA) has a current Receivables Turnover of 10.62. The current Receivables Turnover is 10.62 and 77% above the Vehicles & Parts industry median of 6.00. Novamarine SpA's overall GF Score™ is 17/100 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 Novamarine SpA (MIL:NOVA), the current Receivables Turnover is 10.62 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.
Novamarine SpA is a company active in the design, production and marketing of high-performance pleasure boats in the pleasure and professional segments.
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