GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Digital Bros SpA (LTS:0N8R) » Definitions » Accounts Receivable

Digital Bros SpA (LTS:0N8R) Accounts Receivable : €13.2 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Digital Bros SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Digital Bros SpA's accounts receivables for the quarter that ended in Dec. 2023 was €13.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Digital Bros SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 44.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Digital Bros SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-6.81.


Digital Bros SpA Accounts Receivable Historical Data

The historical data trend for Digital Bros SpA's Accounts Receivable 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.

* Premium members only.

Digital Bros SpA Accounts Receivable Chart

Digital Bros SpA Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.66 28.17 18.28 27.78 14.10

Digital Bros SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.72 14.10 10.83 13.17 -

Digital Bros SpA Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Digital Bros SpA Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Digital Bros SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.174/26.904*91
=44.68

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Digital Bros SpA's accounts receivable are only considered to be worth 75% of book value:

Digital Bros SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.37+0.75 * 13.174+0.5 * 3.435-115.135
-0--2.062)/14.265
=-6.81

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Digital Bros SpA Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Digital Bros SpA's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Digital Bros SpA (LTS:0N8R) Business Description

Traded in Other Exchanges
Address
Via Tortona, 37, Milan, ITA, 20144
Digital Bros SpA develops, publishes, distributes, and markets video games. The company operates in various business segments that are Premium Games; Free to Play; Italian Distribution; Other activities and Holding. It generates maximum revenue from the Premium Games segment. Premium Games operations consist of the acquisition of video game content exploitation rights from developers and the subsequent distribution of the games through a traditional international retail sales network and via digital marketplaces such as Steam, Sony PlayStation Network, Microsoft Xbox Live, Epic Game Store, and others. Geographically, it derives a majority of revenue from the Americas.

Digital Bros SpA (LTS:0N8R) Headlines

No Headlines