GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Accounts Receivable

Euro Group Laminations SpA (MIL:EGLA) Accounts Receivable : €144.2 Mil (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Euro Group Laminations SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Euro Group Laminations SpA's accounts receivables for the quarter that ended in Dec. 2024 was €144.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Euro Group Laminations SpA's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 58.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Euro Group Laminations SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-2.38.


Euro Group Laminations SpA Accounts Receivable Historical Data

The historical data trend for Euro Group Laminations 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.

Euro Group Laminations SpA Accounts Receivable Chart

Euro Group Laminations SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 59.73 97.02 150.57 117.54 144.24

Euro Group Laminations SpA Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 150.57 163.93 117.54 162.51 144.24

Euro Group Laminations SpA Accounts Receivable Calculation

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


Euro Group Laminations 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.

Euro Group Laminations SpA's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=144.237/448.722*91
=58.66

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

Euro Group Laminations SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(189.982+0.75 * 144.237+0.5 * 375.391-815.048
-0-57.682)/162.663
=-2.38

* 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.


Euro Group Laminations SpA Accounts Receivable Related Terms

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


Euro Group Laminations SpA Business Description

Traded in Other Exchanges
Address
Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021
Euro Group Laminations SpA develops and produces stators and rotors for rotating electrical machines and large electric motors. The group is organized into two operating segments: the EV and Automotive segment, which derives maximum revenue, represents the sale of rotors and stators used in electric vehicle traction systems. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and other diversified industries. Geographically, the company derives a majority of its revenue from Italy and the rest from Mexico, the United States, China, and India.

Euro Group Laminations SpA Headlines