Farmacosmo SpA (MIL:COSMO) Accounts Receivable : €4.48 Mil (As of Jun. 2024)

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What is Farmacosmo SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Farmacosmo SpA's accounts receivables for the quarter that ended in Jun. 2024 was €4.48 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Farmacosmo SpA's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 25.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Farmacosmo SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.23.

Farmacosmo SpA Accounts Receivable Historical Data

The historical data trend for Farmacosmo 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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Farmacosmo SpA Accounts Receivable Chart

Farmacosmo SpA Annual Data

Trend

Dec19

Dec20

Dec22

Dec23

Accounts Receivable

2.32

4.26

5.32

4.96

Farmacosmo SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Receivable	Get a 7-Day Free Trial			4.63	5.32	5.45	4.96	4.48

Farmacosmo SpA Accounts Receivable Calculation

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

Farmacosmo 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.

Farmacosmo 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
=	4.475	/	32.653	*	91
=	25.01

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

Farmacosmo 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)
=	(4.653	+	0.75 * 4.475	+	0.5 * 8.39	-	21.045
-	0	-	0.227)	/	38.8111
=	-0.23

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.

Farmacosmo SpA Accounts Receivable Related Terms

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Farmacosmo SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Farmacosmo SpA (MIL:COSMO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Crispi, Number 51, Napoli, ITA, IT-80121

Website

https://www.farmacosmo.it

Farmacosmo SpA is a wellness e-commerce company active in the Health, Pharma, and Wellness industry, authorized by the Italian Ministry of Health to sell pharmaceutical products online. In particular, the company offers parapharmaceutical products, vitamins and food supplements, dietetic products, medical devices, cosmetic products, personal hygiene products, hair care products, dental care products, skincare products, perfumes, home and baby items.

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