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Acquazzurra SpA (MIL:ACQ) Accounts Receivable : €4.82 Mil (As of Jun. 2024)


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What is Acquazzurra SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Acquazzurra SpA's accounts receivables for the quarter that ended in Jun. 2024 was €4.82 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Acquazzurra SpA's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 108.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Acquazzurra SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.92.


Acquazzurra SpA Accounts Receivable Historical Data

The historical data trend for Acquazzurra 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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Acquazzurra SpA Accounts Receivable Chart

Acquazzurra SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.98 1.00 1.54 3.04 3.59

Acquazzurra SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 3.04 4.40 3.59 4.82

Acquazzurra SpA Accounts Receivable Calculation

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


Acquazzurra 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.

Acquazzurra 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
=4.815/8.066*91
=108.94

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

Acquazzurra 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)
=(0.247+0.75 * 4.815+0.5 * 2.781-7.628
-0-0)/2.5835
=-0.92

* 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.


Acquazzurra SpA Accounts Receivable Related Terms

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Acquazzurra SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Rutilia, 10/8, Milan, ITA, 20141
Acquazzurra SpA operates as an advertising agency. It is engaged in the sector of the sale of advertising space in exchange for the products of advertiser customers. The company structures the campaigns advertising more suited to the needs of advertisers customers, taking advantage of different types of media, such as TV, radio, magazines, newspapers, outdoor advertising, and the web.

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