Danieli & C. Officine Meccaniche SpA (LTS:0APM) Change In Receivables : €-90 Mil (TTM As of Jun. 2024)

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What is Danieli & C. Officine Meccaniche SpA Change In Receivables?

Danieli & C. Officine Meccaniche SpA's change in receivables for the quarter that ended in Jun. 2024 was €2 Mil. It means Danieli & C. Officine Meccaniche SpA's Accounts Receivable declined by €2 Mil from Dec. 2023 to Jun. 2024 .

Danieli & C. Officine Meccaniche SpA's change in receivables for the fiscal year that ended in Jun. 2024 was €-90 Mil. It means Danieli & C. Officine Meccaniche SpA's Accounts Receivable increased by €90 Mil from Jun. 2023 to Jun. 2024 .

Danieli & C. Officine Meccaniche SpA's Accounts Receivable for the quarter that ended in Jun. 2024 was €1,068 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. Danieli & C. Officine Meccaniche SpA's Days Sales Outstanding for the six months ended in Jun. 2024 was 85.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Danieli & C. Officine Meccaniche SpA's liquidation value for the six months ended in Jun. 2024 was €-1,057 Mil.

Danieli & C. Officine Meccaniche SpA Change In Receivables Historical Data

The historical data trend for Danieli & C. Officine Meccaniche 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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Danieli & C. Officine Meccaniche SpA Change In Receivables Chart

Danieli & C. Officine Meccaniche SpA Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Receivables

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82.26

92.05

-343.69

-38.71

-90.48

Danieli & C. Officine Meccaniche SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-258.12	99.41	-138.12	-92.43	1.96

Danieli & C. Officine Meccaniche 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-90 Mil.

Danieli & C. Officine Meccaniche SpA (LTS:0APM) 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.

Danieli & C. Officine Meccaniche 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
=	1068.276	/	2277.166	*	91
=	85.62

2. In Ben Graham's calculation of liquidation value, Danieli & C. Officine Meccaniche SpA's accounts receivable are only considered to be worth 75% of book value:

Danieli & C. Officine Meccaniche SpA's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2624.022	-	4864.955	+	0.75 * 1068.276	+	0.5 * 765.653
=	-1,057

Danieli & C. Officine Meccaniche SpA Change In Receivables Related Terms

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Danieli & C. Officine Meccaniche SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Danieli & C. Officine Meccaniche SpA (LTS:0APM) » Definitions » Change In Receivables

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Traded in Other Exchanges

DANR:Italy DAN:Italy DANRm:UK DANm:UK 0N4I:UK DAS:Germany

Address

Via Nazionale 41, Buttrio, Udine, ITA, 33042

Website

https://www.danieli.com

Danieli & C. Officine Meccaniche SpA is an Italy-based company that is engaged in manufacturing and distribution of steel and other nonferrous metal products as well as plant building. The company operates through two segments, namely steelmaking and plant making. The Steelmaking segment manufactures ingots, forged bars, blooms, rolled bars, bar in coils and others. End customers primarily come from the mechanical, automotive, oil & gas, power generation and other sectors. The Plant Making segment designs and builds mines, pellet production plants, furnaces, rolling mills and other various plants and facilities. The company has a global presence, with Europe, Middle East and Far East being the three largest markets for the company.

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