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Cose Belle D'Italia SpA (CHIX:CBIM) Accounts Receivable : €0.30 Mil (As of Dec. 2019)


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What is Cose Belle D'Italia SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cose Belle D'Italia SpA's accounts receivables for the quarter that ended in Dec. 2019 was €0.30 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. Cose Belle D'Italia SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was €-0.09.


Cose Belle D'Italia SpA Accounts Receivable Historical Data

The historical data trend for Cose Belle D'Italia 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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Cose Belle D'Italia SpA Accounts Receivable Chart

Cose Belle D'Italia SpA Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.71 1.24 0.40 0.30

Cose Belle D'Italia SpA Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 0.06 0.40 4.12 0.30

Cose Belle D'Italia SpA Accounts Receivable Calculation

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


Cose Belle D'Italia 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.

Cose Belle D'Italia SpA's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.3/-2.198*91
=

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

Cose Belle D'Italia SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 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)
=(0.495+0.75 * 0.3+0.5 * 0-2.453
-0-0)/18.441
=-0.09

* 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.


Cose Belle D'Italia SpA Accounts Receivable Related Terms

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Cose Belle D'Italia SpA Business Description

Traded in Other Exchanges
N/A
Address
Piazza Castello 13, Milan, ITA, 20121
Cose Belle D'Italia SpA is an Italy based company engaged in various business areas including events, experiential initiatives, exhibition formats, publishing activities and education among others. The company focuses on two thematic areas comprising art & culture and Lifestyle which comprise of sport, fashion, gastronomy, entertainment, trends.

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