Piaggio & C. SpA (Piaggio & C. SpA) Change In Receivables : $-34 Mil (TTM As of Mar. 2024)

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What is Piaggio & C. SpA Change In Receivables?

Piaggio & C. SpA's change in receivables for the quarter that ended in Mar. 2024 was $-60 Mil. It means Piaggio & C. SpA's Accounts Receivable increased by $60 Mil from Dec. 2023 to Mar. 2024 .

Piaggio & C. SpA's change in receivables for the fiscal year that ended in Dec. 2023 was $-27 Mil. It means Piaggio & C. SpA's Accounts Receivable increased by $27 Mil from Dec. 2022 to Dec. 2023 .

Piaggio & C. SpA's Accounts Receivable for the quarter that ended in Mar. 2024 was $131 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. Piaggio & C. SpA's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Piaggio & C. SpA's liquidation value for the three months ended in Mar. 2024 was $-1,184 Mil.

Piaggio & C. SpA Change In Receivables Historical Data

The historical data trend for Piaggio & C. 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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Piaggio & C. SpA Change In Receivables Chart

Piaggio & C. SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.44

-22.55

-16.32

6.83

-26.86

Piaggio & C. SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-52.69	-22.57	44.13	4.44	-60.34

Piaggio & C. 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-34 Mil.

Piaggio & C. SpA (OTCPK:PIAGF) 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.

Piaggio & C. SpA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	130.808	/	465.258	*	91
=	25.66

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

Piaggio & C. SpA's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	251.25	-	1752.442	+	0.75 * 130.808	+	0.5 * 438.008
=	-1,184

Piaggio & C. SpA Change In Receivables Related Terms

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Piaggio & C. SpA (Piaggio & C. SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Piaggio & C. SpA (OTCPK:PIAGF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PIA:Italy 0FM1:UK P1I:Germany

Address

Viale Rinaldo Piaggio, 25, Pontedera, Pisa, ITA, 56025

Website

https://www.piaggiogroup.com

Piaggio & C. SpA is an Italian manufacturer of motor vehicles with international operations. The product portfolio consists of scooters, mopeds, and motorcycles marketed under the Aprilia, Piaggio, Vespa, Moto Guzzi, Gilera, Derbi, and Scarabeo brands, as well as three- and four-wheeler light vehicles, marketed under the Ape, Porter and Quargo brands. Piaggio's sales are mainly in Europe, the Middle East, Africa; the Americas; and India, but are also in the Asia-Pacific region. The firm's manufacturing units are located in Italy, India, and Vietnam. Piaggio has a 45% stake in a Chinese joint-venture operation.