GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Estrima SpA (MIL:BIRO) » Definitions » Accounts Receivable

Estrima SpA (MIL:BIRO) Accounts Receivable : €9.19 Mil (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Estrima SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Estrima SpA's accounts receivables for the quarter that ended in Jun. 2023 was €9.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Estrima SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 73.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Estrima SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-2.18.


Estrima SpA Accounts Receivable Historical Data

The historical data trend for Estrima 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.

Estrima SpA Accounts Receivable Chart

Estrima SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Receivable
5.77 3.64 8.63 8.35

Estrima SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Receivable Get a 7-Day Free Trial 6.82 8.63 8.97 8.35 9.19

Estrima SpA Accounts Receivable Calculation

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


Estrima 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.

Estrima 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
=9.193/22.707*91
=73.89

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

Estrima 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)
=(6.01+0.75 * 9.193+0.5 * 9.824-28.944
-0--0.14)/5.0356
=-2.18

* 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.


Estrima SpA Accounts Receivable Related Terms

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


Estrima SpA (MIL:BIRO) Business Description

Traded in Other Exchanges
N/A
Address
Via Roveredo 20/b, Pordenone, ITA, 33170
Estrima SpA is engaged in designing, manufacturing and distribution of the small electric vehicles.

Estrima SpA (MIL:BIRO) Headlines

No Headlines