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La SIA SpA (FRA:XB9) Accounts Receivable : €5.17 Mil (As of Dec. 2023)


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What is La SIA SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. La SIA SpA's accounts receivables for the quarter that ended in Dec. 2023 was €5.17 Mil.

Accounts receivable can be measured by Days Sales Outstanding. La SIA SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 63.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. La SIA SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €1.13.

La SIA SpA Accounts Receivable Historical Data

The historical data trend for La SIA 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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La SIA SpA Accounts Receivable Chart

La SIA SpA Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
4.29 5.84 5.17

La SIA SpA Semi-Annual Data
Dec21 Dec22 Dec23
Accounts Receivable 4.29 5.84 5.17

La SIA SpA Accounts Receivable Calculation

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

La SIA 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.

La SIA 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
=5.17/14.875*91
=63.43

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

La SIA 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)
=(6.644+0.75 * 5.17+0.5 * 2.651-5.425
-0-0)/5.6665
=1.13

* 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.

La SIA SpA Accounts Receivable Related Terms

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La SIA SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » La SIA SpA (FRA:XB9) » Definitions » Accounts Receivable
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Traded in Other Exchanges
LASIA:Italy
Address
Corso Sempione 55, Milan, ITA, 20149
Website
https://www.lasia.it
La SIA SpA is an Italian payment institution part of the Nexi group. It is the Principal Member of the main national and international payment circuits which are Bancomat, VISA, Mastercard, Union Pay and JCB. The company offers the citizens the possibility of paying postal bills through distribution channels which are both physical and virtual which is managed by banks or by the large organised distribution network. It also offers the development, marketing (sale and/or rental) and management/maintenance of IT products and services relating to payment instruments and, more generally, to connection to electronic circuits.

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