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Torimbia Socimi (XMAD:YTRM) Accounts Receivable : €0.17 Mil (As of Dec. 2023)


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What is Torimbia Socimi Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Torimbia Socimi's accounts receivables for the quarter that ended in Dec. 2023 was €0.17 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Torimbia Socimi's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 5.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Torimbia Socimi's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-17.02.


Torimbia Socimi Accounts Receivable Historical Data

The historical data trend for Torimbia Socimi'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.

Torimbia Socimi Accounts Receivable Chart

Torimbia Socimi Annual Data
Trend Nov15 Nov16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 0.37 0.20 0.08 0.07 0.17

Torimbia Socimi Semi-Annual Data
Nov15 Nov16 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.02 0.07 0.30 0.17

Torimbia Socimi Accounts Receivable Calculation

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


Torimbia Socimi 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.

Torimbia Socimi's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.168/5.988*91
=5.12

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

Torimbia Socimi'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)
=(6.222+0.75 * 0.168+0.5 * 0.395-89.487
-0-0)/4.87244
=-17.02

* 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.


Torimbia Socimi Accounts Receivable Related Terms

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Torimbia Socimi (XMAD:YTRM) Business Description

Traded in Other Exchanges
N/A
Address
Po / Pintor Rosales 18, Madrid, ESP, 28008
Torimbia Socimi SA is a real estate investment fund. The company specializes in the investment, leasing and management of real estate assets owned, of an urban nature (hotels, offices and commercial premises) located in Madrid.

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