Spindox SpA (MIL:SPN) Change In Receivables : €-2.36 Mil (TTM As of Dec. 2023)

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What is Spindox SpA Change In Receivables?

Spindox SpA's change in receivables for the quarter that ended in Dec. 2023 was €-1.95 Mil. It means Spindox SpA's Accounts Receivable increased by €1.95 Mil from Jun. 2023 to Dec. 2023 .

Spindox SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-2.36 Mil. It means Spindox SpA's Accounts Receivable increased by €2.36 Mil from Dec. 2022 to Dec. 2023 .

Spindox SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €33.54 Mil.

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 Receivable are being managed. Spindox SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 125.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Spindox SpA's liquidation value for the six months ended in Dec. 2023 was €-22.78 Mil.

Spindox SpA Change In Receivables Historical Data

The historical data trend for Spindox SpA's Change In Receivables 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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Spindox SpA Change In Receivables Chart

Spindox SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.04

-2.69

-2.50

-12.13

-2.36

Spindox SpA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-0.20	-11.94	-0.40	-1.95

Spindox SpA Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.36 Mil.

Spindox SpA (MIL:SPN) Change In Receivables 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 Receivable are being managed.

Spindox 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
=	33.544	/	48.61	*	91
=	125.94

2. In Ben Graham's calculation of liquidation value, Spindox SpA's accounts receivable are only considered to be worth 75% of book value:

Spindox SpA's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	19.562	-	67.496	+	0.75 * 33.544	+	0.5 * 0
=	-22.78

Spindox SpA Change In Receivables Related Terms

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Spindox SpA (MIL:SPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spindox SpA (MIL:SPN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

via Bisceglie 76, Milan, ITA, 20152

Website

https://www.spindox.it

Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.

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