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Matica Fintec SpA (MIL:MFT) Accounts Receivable : €5.05 Mil (As of Jun. 2024)


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What is Matica Fintec SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Matica Fintec SpA's accounts receivables for the quarter that ended in Jun. 2024 was €5.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Matica Fintec SpA's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 82.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Matica Fintec SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €0.06.


Matica Fintec SpA Accounts Receivable Historical Data

The historical data trend for Matica Fintec 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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Matica Fintec SpA Accounts Receivable Chart

Matica Fintec SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 2.49 3.15 2.30 4.19 3.26

Matica Fintec SpA Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.92 4.19 4.44 3.26 5.05

Matica Fintec SpA Accounts Receivable Calculation

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


Matica Fintec 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.

Matica Fintec 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
=5.047/11.155*91
=82.57

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

Matica Fintec 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)
=(8.176+0.75 * 5.047+0.5 * 5.253-13.973
-0-0)/10.9382
=0.06

* 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.


Matica Fintec SpA Accounts Receivable Related Terms

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Matica Fintec SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Giuseppe Parini n. 9, Milan, ITA, 20121
Matica Fintec SpA is engaged in the design, production and marketing of systems technological solutions for the issuance of digital cards. It provides hardware and software solutions for issuing financial and ID cards. The company offers its services to Financial Institutions and Government.

Matica Fintec SpA Headlines