Sicily By Car SpA (FRA:5LC) Change In Receivables : €0.0 Mil (TTM As of Dec. 2023)

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What is Sicily By Car SpA Change In Receivables?

Sicily By Car SpA's change in receivables for the quarter that ended in Dec. 2023 was €0.0 Mil. It means Sicily By Car SpA's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Sicily By Car SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-4.4 Mil. It means Sicily By Car SpA's Accounts Receivable increased by €4.4 Mil from Dec. 2022 to Dec. 2023 .

Sicily By Car SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €6.2 Mil.

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 Receivable are being managed. Sicily By Car SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sicily By Car SpA's liquidation value for the six months ended in Dec. 2023 was €-16.3 Mil.

Sicily By Car SpA Change In Receivables Historical Data

The historical data trend for Sicily By Car SpA's Change In Receivables 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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Sicily By Car SpA Change In Receivables Chart

Sicily By Car SpA Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

0.50

-4.42

Sicily By Car SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	-	-	-	-	-

Sicily By Car SpA Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Sicily By Car SpA (FRA:5LC) Change In Receivables 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 Receivable are being managed.

Sicily By Car 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
=	6.224	/	66.83	*	91
=	17.00

2. In Ben Graham's calculation of liquidation value, Sicily By Car SpA's accounts receivable are only considered to be worth 75% of book value:

Sicily By Car SpA's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	106.161	-	127.221	+	0.75 * 6.224	+	0.5 * 0.182
=	-16.3

Sicily By Car SpA Change In Receivables Related Terms

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Sicily By Car SpA (FRA:5LC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sicily By Car SpA (FRA:5LC) » Definitions » Change In Receivables

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Traded in Other Exchanges

SBC:Italy

Address

Via Galileo Galilei, 10H, Bolzano, ITA, 39100

Website

https://www.sicilybycar.it

Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.

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