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Banca Mediolanum (MIL:BMED) Accounts Receivable : €0 Mil (As of Sep. 2023)


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What is Banca Mediolanum Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Banca Mediolanum's accounts receivables for the quarter that ended in Sep. 2023 was €0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Banca Mediolanum's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Banca Mediolanum's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-98.97.


Banca Mediolanum Accounts Receivable Historical Data

The historical data trend for Banca Mediolanum'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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Banca Mediolanum Accounts Receivable Chart

Banca Mediolanum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Banca Mediolanum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Banca Mediolanum Accounts Receivable Calculation

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


Banca Mediolanum 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.

Banca Mediolanum's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/470.347*91
=0.00

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

Banca Mediolanum's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(796.93+0.75 * 0+0.5 * 0-74126.255
-0-0)/740.953
=-98.97

* 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.


Banca Mediolanum Accounts Receivable Related Terms

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Banca Mediolanum (MIL:BMED) Business Description

Traded in Other Exchanges
Address
Palazzo Meucci, Via Francesco Sforza, 15, Basiglio, ITA, 20080
Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.

Banca Mediolanum (MIL:BMED) Headlines