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Execus SpA (MIL:EXEC) Accounts Receivable : €1.28 Mil (As of Dec. 2022)


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What is Execus SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Execus SpA's accounts receivables for the quarter that ended in Dec. 2022 was €1.28 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Execus SpA's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 97.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Execus SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €0.05.


Execus SpA Accounts Receivable Historical Data

The historical data trend for Execus 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.

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Execus SpA Accounts Receivable Chart

Execus SpA Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
0.67 1.28 1.67

Execus SpA Semi-Annual Data
Dec21 Dec22 Dec23
Accounts Receivable 0.67 1.28 1.67

Execus SpA Accounts Receivable Calculation

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


Execus 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.

Execus SpA's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.275/2.38*91
=97.77

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

Execus SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(0.973+0.75 * 1.275+0.5 * 0-1.669
-0-0)/5.500
=0.05

* 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.


Execus SpA Accounts Receivable Related Terms

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Execus SpA (MIL:EXEC) Business Description

Traded in Other Exchanges
N/A
Address
Viale Premuda 46, Milan, ITA, 20129
Execus SpA is a training and consulting company specializing in digital transformation in sales, SaaS, and Social Selling. Its services include Training for Sales Management, sales networks, and professionals who want to take advantage of the opportunities afforded by digital and social media for sales, Consulting in Digital Sales Strategy, and Digital Marketing.

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