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Esi SpA (MIL:ESIGM) Accounts Receivable : €1.62 Mil (As of Dec. 2023)


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What is Esi SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Esi SpA's accounts receivables for the quarter that ended in Dec. 2023 was €1.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Esi SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 14.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Esi SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-1.34.


Esi SpA Accounts Receivable Historical Data

The historical data trend for Esi 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.

Esi SpA Accounts Receivable Chart

Esi SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.49 3.82 0.74 3.36 1.62

Esi SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 0.74 2.59 3.36 3.56 1.62

Esi SpA Accounts Receivable Calculation

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


Esi 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.

Esi 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
=1.624/20.042*91
=14.79

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

Esi 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)
=(0.722+0.75 * 1.624+0.5 * 16.334-20.062
-0-0)/7.45661
=-1.34

* 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.


Esi SpA Accounts Receivable Related Terms

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Esi SpA (MIL:ESIGM) Business Description

Traded in Other Exchanges
N/A
Address
Via delle Industrie 1, Albisola Superiore, Albissola Marina, ITA, 17012
Esi SpA is a wellness and food supplement company. The company provides products for hair wellness, eye wellness, liver health, skincare, sleep disorders, weight control, oral hygiene, menopause; vitamins and minerals; and antioxidants.

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