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Antares Vision SpA (MIL:AV) Accounts Receivable : €111.0 Mil (As of Jun. 2023)


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What is Antares Vision SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Antares Vision SpA's accounts receivables for the quarter that ended in Jun. 2023 was €111.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Antares Vision SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 199.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Antares Vision SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-1.45.


Antares Vision SpA Accounts Receivable Historical Data

The historical data trend for Antares Vision 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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Antares Vision SpA Accounts Receivable Chart

Antares Vision SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 55.71 46.50 61.79 110.73 73.54

Antares Vision SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 61.79 76.58 110.73 111.02 73.54

Antares Vision SpA Accounts Receivable Calculation

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


Antares Vision 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.

Antares Vision SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=111.024/101.549*91
=199.53

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

Antares Vision SpA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(77.072+0.75 * 111.024+0.5 * 57.326-289.064
-0-0.001)/69.0872
=-1.45

* 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.


Antares Vision SpA Accounts Receivable Related Terms

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Antares Vision SpA (MIL:AV) Business Description

Traded in Other Exchanges
Address
Via Del Ferro 16, Travagliato, Brescia, ITA, 25039
Antares Vision SpA is engaged in providing control systems and traceability solutions. The business activities of the group include designing, manufacturing, installing, and maintaining critical systems for the most demanding customers in the world. The company offers products such as Track and Trace devices, Inspection systems, Inspection machines, and Smart data management systems. Its geographical segments are Italy, Europe, North and South America, Asia, Oceania, Africa, and the Middle East.

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