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Immobiliare Grande Distribuzione SiiQ SpA (FRA:IF81) Accounts Receivable : €11.4 Mil (As of Dec. 2024)


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What is Immobiliare Grande Distribuzione SiiQ SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Immobiliare Grande Distribuzione SiiQ SpA's accounts receivables for the quarter that ended in Dec. 2024 was €11.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Immobiliare Grande Distribuzione SiiQ SpA's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 29.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Immobiliare Grande Distribuzione SiiQ SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-7.78.


Immobiliare Grande Distribuzione SiiQ SpA Accounts Receivable Historical Data

The historical data trend for Immobiliare Grande Distribuzione SiiQ 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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Immobiliare Grande Distribuzione SiiQ SpA Accounts Receivable Chart

Immobiliare Grande Distribuzione SiiQ SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.04 16.21 16.45 10.74 11.35

Immobiliare Grande Distribuzione SiiQ SpA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.74 10.01 9.54 10.44 11.35

Immobiliare Grande Distribuzione SiiQ SpA Accounts Receivable Calculation

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


Immobiliare Grande Distribuzione SiiQ 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.

Immobiliare Grande Distribuzione SiiQ SpA's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.35/35.647*91
=29.05

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

Immobiliare Grande Distribuzione SiiQ SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(4.741+0.75 * 11.35+0.5 * 21.94-883.213
-0-0)/110.342
=-7.78

* 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.


Immobiliare Grande Distribuzione SiiQ SpA Accounts Receivable Related Terms

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Immobiliare Grande Distribuzione SiiQ SpA Business Description

Traded in Other Exchanges
Address
Via Trattati Comunitari, Europei 1957-2007, 13, Bologna, ITA, 40127
Immobiliare Grande Distribuzione SiiQ SpA is a real estate company that manages and develops shopping centers in Italy. It operates in three main business segments which include core business properties, services, and trading. It generates a majority of its revenue from the core business properties segment. The company provides various services related to the real estate sector, including the promotion of newly opened, expanded, or restructured centers, rotation of existing retailers, and facility management services, such as security, cleaning, and ordinary maintenance.

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