GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Borgosesia SpA (MIL:BO) » Definitions » Accounts Receivable

Borgosesia SpA (MIL:BO) Accounts Receivable : €1.82 Mil (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Borgosesia SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Borgosesia SpA's accounts receivables for the quarter that ended in Dec. 2023 was €1.82 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Borgosesia SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 108.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Borgosesia SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.99.


Borgosesia SpA Accounts Receivable Historical Data

The historical data trend for Borgosesia 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.

Borgosesia SpA Accounts Receivable Chart

Borgosesia SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.78 1.74 1.13 1.82

Borgosesia SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 2.37 1.13 6.94 1.82

Borgosesia SpA Accounts Receivable Calculation

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


Borgosesia 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.

Borgosesia 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
=1.821/3.06*91
=108.61

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

Borgosesia 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)
=(12.732+0.75 * 1.821+0.5 * 129.954-115.691
-0-10.703)/47.7177
=-0.99

* 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.


Borgosesia SpA Accounts Receivable Related Terms

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


Borgosesia SpA (MIL:BO) Business Description

Traded in Other Exchanges
N/A
Address
Viale Majno, 10, Milano, ITA, 20129
Borgosesia SpA is a joint-stock company active in the field of investments in alternative assets as well as in its management on behalf of third-party investors. The company is engaged in the acquisition of real estate assets mainly buildings for residential use that are under construction. The group is represented by real estate with a focus on the purchase of properties to be completed or revitalized mainly for residential use located in large urban and tourist centers. Its properties include Cernobbio, Green Villas, LargoArtide, and Lainate Business park. The mission of Borgosesia is to create value for large and small investors, seizing the opportunities offered by investments that have limited risk but high potential in corporate crisis situations or one which needs new impetus.

Borgosesia SpA (MIL:BO) Headlines

No Headlines