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A.b.p. Nocivelli SpA (FRA:9UZ) Accounts Receivable : €17.12 Mil (As of Dec. 2023)


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What is A.b.p. Nocivelli SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. A.b.p. Nocivelli SpA's accounts receivables for the quarter that ended in Dec. 2023 was €17.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. A.b.p. Nocivelli SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 77.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. A.b.p. Nocivelli SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €1.42.


A.b.p. Nocivelli SpA Accounts Receivable Historical Data

The historical data trend for A.b.p. Nocivelli 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.

A.b.p. Nocivelli SpA Accounts Receivable Chart

A.b.p. Nocivelli SpA Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
12.38 11.36 11.96 11.95 14.07

A.b.p. Nocivelli SpA Semi-Annual Data
Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 13.67 11.95 12.86 14.07 17.12

A.b.p. Nocivelli SpA Accounts Receivable Calculation

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


A.b.p. Nocivelli 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.

A.b.p. Nocivelli 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
=17.117/40.246*91
=77.62

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

A.b.p. Nocivelli 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)
=(49.937+0.75 * 17.117+0.5 * 14.572-26.783
-0-0)/30.45
=1.42

* 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.


A.b.p. Nocivelli SpA Accounts Receivable Related Terms

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A.b.p. Nocivelli SpA (FRA:9UZ) Business Description

Traded in Other Exchanges
Address
Via Padana Superiore 67, Castegnato, ITA, 25045
A.b.p. Nocivelli SpA is engaged in the trading of petroleum products and lubricants. It offers storage, distribution, and customer services. Additionally, the firm provides Facility Management services.

A.b.p. Nocivelli SpA (FRA:9UZ) Headlines

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