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Terna SpAMIL:TRN 84 Receivables Turnover is 0.48 as of Mar. 2026. GuruFocus rates MIL:TRN with a GF Score™ of 84/100 and a GF Value™ of €9.93 (Fairly Valued). The stock has 3 warning signs investors should review. Among 496 Utilities - Regulated companies, Terna SpA ranks worse than 89.52% 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. Terna SpA's Revenue for the
three
months ended in Mar. 2026 was €989 Mil. Terna SpA's average Accounts Receivable for the
three
months ended in Mar. 2026 was €2,068 Mil.
Hence, Terna SpA's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.48.
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.
Terna SpA Receivables Turnover Related Terms
Terna SpA Receivables Turnover Historical Data
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The historical data trend for Terna 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:TRN vs NEE, SO, DUK: Receivables Turnover Comparison
For the Utilities - Regulated Electric subindustry, Terna 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.
Terna SpA Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Terna SpA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Terna 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.
Terna SpA (MIL:TRN) has a Receivables Turnover of 0.48 as of Mar. 2026. 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 Terna SpA and its competitors. According to the industry distribution chart, Terna SpA ranks #444 out of 496 companies in the Utilities - Regulated industry, placing it in the top 89.5%.
Is Terna SpA's Receivables Turnover too high?
Terna SpA's current Receivables Turnover is 0.48. The Utilities - Regulated industry median Receivables Turnover is 6.76. Terna SpA's value of 0.48 is 92.9% below this industry median. Based on the distribution chart, Terna SpA ranks #444 out of 496 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Terna SpA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Terna SpA ranks #444 out of 496 companies for Receivables Turnover. This places Terna SpA in the lower half of its industry. The industry median Receivables Turnover is 6.76. Terna SpA's value of 0.48 is 92.9% 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 Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.76, based on 496 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. Terna SpA's current Receivables Turnover of 0.48 is 92.9% 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 Terna SpA and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terna SpA's current Receivables Turnover is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Based on GuruFocus' analysis, Terna SpA (MIL:TRN) is currently considered Fairly Valued. The stock's GF Value™ is €9.93, compared to a current price of €10.37 — trading 4.4% above its estimated fair value. The current Receivables Turnover is 0.48 and 92.9% below the Utilities - Regulated industry median of 6.76. Terna SpA's overall GF Score™ is 84/100 with 3 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 Terna SpA (MIL:TRN), the current Receivables Turnover is 0.48 as of Mar. 2026. 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 Terna SpA (MIL:TRN) Overvalued in 2026?
Based on GuruFocus' analysis, Terna SpA stock appears to be overvalued.
The current stock price of €10.37 is trading 4.4% above its estimated GF Value™ of €9.93.
GuruFocus considers Terna SpA to be Fairly Valued.
Key valuation signals for MIL:TRN:
Receivables Turnover: 0.48
GF Value™: €9.93 vs. price of €10.37 (4.4% above fair value)
Industry Position: 92.9% below the Utilities - Regulated median (#444 of 496)
No single metric tells the full story. See the MIL:TRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
84GF Score
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