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Technoprobe SpA (CHIX:TPROM) Accounts Receivable : €99.2 Mil (As of Jun. 2024)


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What is Technoprobe SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Technoprobe SpA's accounts receivables for the quarter that ended in Jun. 2024 was €99.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Technoprobe SpA's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 75.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Technoprobe SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €1.04.


Technoprobe SpA Accounts Receivable Historical Data

The historical data trend for Technoprobe 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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Technoprobe SpA Accounts Receivable Chart

Technoprobe SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
46.31 80.28 102.85 75.42 67.83

Technoprobe SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 110.30 75.42 78.50 67.83 99.22

Technoprobe SpA Accounts Receivable Calculation

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


Technoprobe 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.

Technoprobe SpA's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=99.218/241.05*91
=75.12

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

Technoprobe SpA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 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)
=(666.998+0.75 * 99.218+0.5 * 142.53-135.711
-0-1.66)/651.761
=1.04

* 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.


Technoprobe SpA Accounts Receivable Related Terms

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Technoprobe SpA Business Description

Traded in Other Exchanges
Address
Via Cavalieri di Vittorio Veneto, 2, Cernusco Lombardone, ITA, 23870
Technoprobe SpA operates in the production of electronic circuits, and `mechanical interfaces for electrical contacting of hybrid circuits and semiconductor devices and it is specialized in the design, development and production of probe cards used to test the operation of chips. The company operates in Asia, America, Europe, and Italy and derives a majority of its revenue from Asia.

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