GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RedFish LongTerm Capital SpA (FRA:HN5) » Definitions » Accounts Receivable

RedFish LongTerm Capital SpA (FRA:HN5) Accounts Receivable : €11.82 Mil (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is RedFish LongTerm Capital SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RedFish LongTerm Capital SpA's accounts receivables for the quarter that ended in Jun. 2024 was €11.82 Mil.

Accounts receivable can be measured by Days Sales Outstanding. RedFish LongTerm Capital SpA's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 106.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. RedFish LongTerm Capital SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-2.05.

RedFish LongTerm Capital SpA Accounts Receivable Historical Data

The historical data trend for RedFish LongTerm Capital 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.

RedFish LongTerm Capital SpA Accounts Receivable Chart

RedFish LongTerm Capital SpA Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
0.02 0.05 2.66

RedFish LongTerm Capital SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial - 0.05 4.21 2.66 11.82

RedFish LongTerm Capital SpA Accounts Receivable Calculation

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

RedFish LongTerm Capital 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.

RedFish LongTerm Capital 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
=11.824/20.214*91
=106.75

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

RedFish LongTerm Capital 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)
=(12.271+0.75 * 11.824+0.5 * 18.435-69.925
-0-13.041)/25.672
=-2.05

* 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.

RedFish LongTerm Capital SpA Accounts Receivable Related Terms

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

RedFish LongTerm Capital SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RedFish LongTerm Capital SpA (FRA:HN5) » Definitions » Accounts Receivable
Comparable Companies
MIL:FARM MIL:ZEST MIL:CUBE MIL:SMCAP MIL:COP MIL:MET MIL:MTS MIL:CFM MIL:BES BLK BX KKR OSTO:INVE A TSX:BAM TSX:BN APO LSE:III AMP XSWX:PGHN ARES
Traded in Other Exchanges
RFLTC:Italy
Address
Via del Carmine, 11, Milano, ITA, 20121
Website
https://longterm.redfish.capital
RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control and debt optimization, but above all advisory services for the acquisition of Target Companies in order to pursue the development plan for external lines.

RedFish LongTerm Capital SpA Headlines

No Headlines