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Mediobanca SpA (LTS:0HBF) Accounts Receivable : €0 Mil (As of Dec. 2023)


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What is Mediobanca SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mediobanca SpA's accounts receivables for the quarter that ended in Dec. 2023 was €0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mediobanca SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mediobanca SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-94.21.


Mediobanca SpA Accounts Receivable Historical Data

The historical data trend for Mediobanca 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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Mediobanca SpA Accounts Receivable Chart

Mediobanca SpA Annual Data
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Mediobanca SpA Quarterly Data
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Mediobanca SpA Accounts Receivable Calculation

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


Mediobanca 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.

Mediobanca 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
=0/854.76*91
=0.00

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

Mediobanca 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)
=(5161.436+0.75 * 0+0.5 * 0-83856.223
-0-96.342)/836.317
=-94.21

* 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.


Mediobanca SpA Accounts Receivable Related Terms

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Mediobanca SpA (LTS:0HBF) Business Description

Traded in Other Exchanges
Address
Piazzetta Enrico Cuccia 1, Milan, ITA, 20121
Mediobanca SpA is an Italian banking group that was founded as a pure investment bank. It has three operating units: corporate and investment banking, consumer finance, and wealth management. Historically, Mediobanca had a majority portfolio of equity investments in some of its clients. After a period of aggressively selling assets in its principal investments division, its stake in Italy's insurer, Generali, now makes by far the bulk of Mediobanca's principal investments portfolio.

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