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Svas Biosana SpA (MIL:SVS) Accounts Receivable : €41.9 Mil (As of Jun. 2023)


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What is Svas Biosana SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Svas Biosana SpA's accounts receivables for the quarter that ended in Jun. 2023 was €41.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Svas Biosana SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 139.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Svas Biosana SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-5.75.


Svas Biosana SpA Accounts Receivable Historical Data

The historical data trend for Svas Biosana 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.

Svas Biosana SpA Accounts Receivable Chart

Svas Biosana SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 29.97 29.09 31.83 39.00 41.37

Svas Biosana SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.83 - 39.00 41.93 41.37

Svas Biosana SpA Accounts Receivable Calculation

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


Svas Biosana 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.

Svas Biosana 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
=41.934/54.939*91
=139.30

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

Svas Biosana 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)
=(13.99+0.75 * 41.934+0.5 * 30.569-91.67
-0-0.008)/5.38011
=-5.75

* 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.


Svas Biosana SpA Accounts Receivable Related Terms

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Svas Biosana SpA (MIL:SVS) Business Description

Traded in Other Exchanges
N/A
Address
Via Trentola, 7, Somma Vesuviana, ITA
Svas Biosana SpA operates in the production and distribution of medical device.

Svas Biosana SpA (MIL:SVS) Headlines

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