Euro Group Laminations SpA (MIL:EGLA) Accounts Receivable

: €163.9 Mil (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Euro Group Laminations SpA's accounts receivables for the quarter that ended in Jun. 2023 was €163.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Euro Group Laminations SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-1.48.

Euro Group Laminations SpA Accounts Receivable Historical Data

The historical data trend for Euro Group Laminations 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.

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

66.21

59.73

97.02

150.57

Euro Group Laminations SpA Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23
Accounts Receivable				97.02	-	164.79	150.57	163.93

Euro Group Laminations SpA Accounts Receivable Calculation

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

Euro Group Laminations 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.

Euro Group Laminations SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	163.934	/	0	*	91
=

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

Euro Group Laminations SpA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(169.587	+	0.75 * 163.934	+	0.5 * 378.821	-	697.068
-	0	-	32.361)	/	167.693
=	-1.48

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.

Euro Group Laminations SpA Accounts Receivable Related Terms

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

Euro Group Laminations SpA (MIL:EGLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

QK9:Germany QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors. The group is organized into two operating segments which are EV and Automotive which operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. The company earns the majority of its revenue from the Industrial segment.

Euro Group Laminations SpA (MIL:EGLA) Headlines

No Headlines