ELSA Solutions SpA (MIL:ELSA) Accounts Receivable : €5.85 Mil (As of Dec. 2023)

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

What is ELSA Solutions SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ELSA Solutions SpA's accounts receivables for the quarter that ended in Dec. 2023 was €5.85 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ELSA Solutions SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 55.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ELSA Solutions SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.86.

ELSA Solutions SpA Accounts Receivable Historical Data

The historical data trend for ELSA Solutions 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.

ELSA Solutions SpA Accounts Receivable Chart

ELSA Solutions SpA Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

4.56

5.21

5.85

ELSA Solutions SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Accounts Receivable	4.56	5.21	5.85

ELSA Solutions SpA Accounts Receivable Calculation

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

ELSA Solutions 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.

ELSA Solutions 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
=	5.848	/	19.276	*	91
=	55.37

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

ELSA Solutions 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)
=	(1.912	+	0.75 * 5.848	+	0.5 * 7.218	-	13.058
-	0	-	0)	/	3.683
=	-0.86

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.

ELSA Solutions SpA Accounts Receivable Related Terms

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

ELSA Solutions SpA (MIL:ELSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ELSA Solutions SpA (MIL:ELSA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via P. Patarini 15, Imola, ITA, 40026

Website

https://www.elsaweb.it

ELSA Solutions SpA is a company engaged in in the motion control and special purpose batteries sector. It operates through two business lines: the E-Motion line, dedicated to the system integrator activity of industrial automation systems (motion control), with which it offers solutions and components for operation, management and the control of the movement of mechanical systems in the field of industrial automation and the movement of precision, and the Aliant line, dedicated to the assembly of special purpose battery systems, in particular lithium batteries and in the hydrogen systems sector in which the Company operates as an OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturing.

ELSA Solutions SpA (MIL:ELSA) Headlines

No Headlines