Saras SpA (LTS:0O2D) Change In Receivables : €-42 Mil (TTM As of Jun. 2024)

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What is Saras SpA Change In Receivables?

Saras SpA's change in receivables for the quarter that ended in Jun. 2024 was €103 Mil. It means Saras SpA's Accounts Receivable declined by €103 Mil from Mar. 2024 to Jun. 2024 .

Saras SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €240 Mil. It means Saras SpA's Accounts Receivable declined by €240 Mil from Dec. 2022 to Dec. 2023 .

Saras SpA's Accounts Receivable for the quarter that ended in Jun. 2024 was €512 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. Saras SpA's Days Sales Outstanding for the three months ended in Jun. 2024 was 16.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Saras SpA's liquidation value for the three months ended in Jun. 2024 was €-1,005 Mil.

Saras SpA Change In Receivables Historical Data

The historical data trend for Saras 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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Saras SpA Change In Receivables Chart

Saras SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-61.33

94.90

-289.87

-182.37

240.10

Saras SpA Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															68.42	-206.29	187.01	-126.15	103.17

Saras 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 quarterly data reported by the company within the most recent 12 months, which was €-42 Mil.

Saras SpA (LTS:0O2D) 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.

Saras 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
=	511.764	/	2811.922	*	91
=	16.61

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

Saras 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)
=	351.487	-	2417.904	+	0.75 * 511.764	+	0.5 * 1355.058
=	-1,005

Saras SpA Change In Receivables Related Terms

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Saras SpA Business Description

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Address

S.S. 195 Sulcitana, Km 19, Cagliari, Sarroch, ITA, 09018

Website

https://www.saras.it

Saras SpA is a processor of crude oil and marketer and distributor of petroleum byproducts. Refining operations are conducted at facilities located near the Mediterranean Sea. Majority of the refineries production is medium and light distillates with low environmental impact (mainly diesel and gasoline). Under Saras Trading, the company purchases crude oils and other feedstock for the refinery, sells the refined oil, and participates in third party trading. Products sold and distributed by Saras and its subsidiaries include diesel, gasoline, heating oil, liquefied petroleum gas, naphtha, and aviation fuel. Products are sold on Spanish and Italian markets. Additional services include wind farm operations, and engineering and scientific research services.

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