GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Prysmian SpA (OTCPK:PRYMY) » Definitions » Accounts Receivable

Prysmian SpA (Prysmian SpA) Accounts Receivable : $2,167 Mil (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Prysmian SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Prysmian SpA's accounts receivables for the quarter that ended in Dec. 2023 was $2,167 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Prysmian SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 51.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Prysmian SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-9.65.


Prysmian SpA Accounts Receivable Historical Data

The historical data trend for Prysmian 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.

Prysmian SpA Accounts Receivable Chart

Prysmian SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,638.89 1,671.53 1,832.77 2,057.20 2,166.85

Prysmian SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,057.20 2,607.07 2,798.48 2,619.00 2,166.85

Prysmian SpA Accounts Receivable Calculation

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


Prysmian 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.

Prysmian 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
=2166.848/3848.419*91
=51.38

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

Prysmian 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)
=(2017.448+0.75 * 2166.848+0.5 * 2997.819-10197.383
-0-208.288)/545.611
=-9.65

* 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.


Prysmian SpA Accounts Receivable Related Terms

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


Prysmian SpA (Prysmian SpA) Business Description

Address
Via Chiese 6, MIlan, ITA, 20126
Prysmian SpA is an Italian manufacturer of electric power transmission and telecommunications cables and systems. Its business is organized in three segments--Projects, which focuses on the execution of underground and submarine cable projects; Energy Products, which provides power distribution, and industrial and network components; and Telecom, which makes cable systems and connectivity products. More than half of the firm's revenue is generated in the Europe, Middle East, and Africa regions, with the rest coming from North America, Latin America, and Asia-Pacific regions.