Fos SpA (MIL:FOS) Accounts Receivable : €7.79 Mil (As of Jun. 2023)

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What is Fos SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fos SpA's accounts receivables for the quarter that ended in Jun. 2023 was €7.79 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fos SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 125.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fos SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-0.84.

Fos SpA Accounts Receivable Historical Data

The historical data trend for Fos 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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Fos SpA Accounts Receivable Chart

Fos SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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4.38

5.99

5.84

10.36

9.44

Fos SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial								5.84	6.75	10.36	7.79	9.44

Fos SpA Accounts Receivable Calculation

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

Fos 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.

Fos SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.788	/	11.284	*	91
=	125.96

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

Fos SpA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(9.206	+	0.75 * 7.788	+	0.5 * 1.781	-	21.575
-	0	-	0)	/	6.74488
=	-0.84

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.

Fos SpA Accounts Receivable Related Terms

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Fos SpA (MIL:FOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fos SpA (MIL:FOS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Milano 166 N/r, Genova, ITA, 16126

Website

http://www.gruppofos.it

Fos SpA is an Italian technological industry offering services of system integration and software development, applicative and infrastructural outsourcing, research activities, development and prototyping of innovative technological solutions, services for the telecommunications. The company's services are provided both in as a service mode for the maintenance of systems and new developments at the customer's premises, and through the design and realisation of tailored on demand solutions (software applications, db and systemic assistance, cyber security, cloud computing, digital workspace and hardware supply).

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