TrenDevice SpA (MIL:TD) Accounts Receivable: €0.38 Mil (As of Jun. 2024)

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What is TrenDevice SpA Accounts Receivable?

TrenDevice SpA MIL:TD Accounts Receivable is €0.38 Mil as of Jun. 2024.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TrenDevice SpA's accounts receivables for the quarter that ended in Jun. 2024 was €0.38 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TrenDevice SpA's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 8.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TrenDevice SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.42.

TrenDevice 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.

TrenDevice 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
=0.382/8.389*91
=8.31

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

TrenDevice 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)
=(0.572+0.75 * 0.382+0.5 * 1.676-9.72
-0-0)/19.317
=-0.42

* 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.

TrenDevice SpA Accounts Receivable Related Terms

TrenDevice SpA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for TrenDevice 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.

TrenDevice SpA Accounts Receivable Chart

TrenDevice SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 0.04 0.10 0.28 0.49 0.68

TrenDevice SpA Semi-Annual Data
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 0.21 0.49 0.33 0.68 0.38

TrenDevice SpA Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of €0.38 Mil mean?
TrenDevice SpA (MIL:TD) has a Accounts Receivable of €0.38 Mil as of Jun. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TrenDevice SpA and its competitors.
Is TrenDevice SpA's Accounts Receivable too high?
TrenDevice SpA's current Accounts Receivable is €0.38 Mil.
How does TrenDevice SpA's Accounts Receivable compare to TSCO and ULTA?
TrenDevice SpA's Accounts Receivable of €0.38 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Retail - Cyclical company?
A good Accounts Receivable depends on the Retail - Cyclical industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TrenDevice SpA and its competitors. TrenDevice SpA's current Accounts Receivable is €0.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TrenDevice SpA stock overvalued right now?
TrenDevice SpA (MIL:TD) has a current Accounts Receivable of €0.38 Mil. The current Accounts Receivable is €0.38 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For TrenDevice SpA (MIL:TD), the current Accounts Receivable is €0.38 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TrenDevice SpA Business Description

Address Via Niccolo Copernico 38, Milan, ITA, 20125
TrenDevice SpA is engaged in the refurbishing and marketing of electronic products such as computers, smartphones, tablets, smartwatches, and others. It also offers maintenance and repair services.