Technogym SpA (MIL:TGYM) Change In Receivables : €-5.6 Mil (TTM As of Dec. 2023)

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What is Technogym SpA Change In Receivables?

Technogym SpA's change in receivables for the quarter that ended in Dec. 2023 was €-16.9 Mil. It means Technogym SpA's Accounts Receivable increased by €16.9 Mil from Jun. 2023 to Dec. 2023 .

Technogym SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-5.6 Mil. It means Technogym SpA's Accounts Receivable increased by €5.6 Mil from Dec. 2022 to Dec. 2023 .

Technogym SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €119.8 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. Technogym SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 49.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Technogym SpA's liquidation value for the six months ended in Dec. 2023 was €-88.2 Mil.

Technogym SpA Change In Receivables Historical Data

The historical data trend for Technogym 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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Technogym SpA Change In Receivables Chart

Technogym SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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18.12

49.71

-24.12

-5.62

-5.64

Technogym SpA Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-20.13	-5.87	0.26	11.25	-16.89

Technogym 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 €-5.6 Mil.

Technogym SpA (MIL:TGYM) 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.

Technogym 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
=	119.793	/	438.089	*	91
=	49.90

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

Technogym 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)
=	224.73	-	454.597	+	0.75 * 119.793	+	0.5 * 103.56
=	-88.2

Technogym SpA Change In Receivables Related Terms

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Technogym SpA (MIL:TGYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Technogym SpA (MIL:TGYM) » Definitions » Change In Receivables

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Traded in Other Exchanges

TCCHF:USA 0RG1:UK TN2:Germany

Address

Via Calcinaro, 2861, Cesena, ITA, 47521

Website

https://www.technogym.com

Technogym SpA is a fitness equipment manufacturer. The company offers integrated solutions for personal wellness consisting of equipment, services, and digital solutions that can be personalized and adapted to specific needs of end users and professional operators. The company offers a range of wellness, physical exercise and rehabilitation solutions to the major segments of the fitness equipment market and to the overall wellness industry. Its geographical segments are Europe (except Italy), APAC, North America, MEIA, Italy, and LATAM.

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