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Banca Sistema SpA (LTS:0R9H) Change In Receivables : €0.0 Mil (TTM As of Jun. 2024)


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What is Banca Sistema SpA Change In Receivables?

Banca Sistema SpA's change in receivables for the quarter that ended in Jun. 2024 was €0.0 Mil. It means Banca Sistema SpA's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Banca Sistema SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €0.0 Mil. It means Banca Sistema SpA's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Banca Sistema SpA's Accounts Receivable for the quarter that ended in Jun. 2024 was €0.0 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. Banca Sistema SpA's Days Sales Outstanding for the three months ended in Jun. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Banca Sistema SpA's liquidation value for the three months ended in Jun. 2024 was €-4,189.1 Mil.


Banca Sistema SpA Change In Receivables Historical Data

The historical data trend for Banca Sistema 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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Banca Sistema SpA Change In Receivables Chart

Banca Sistema SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
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Banca Sistema SpA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Banca Sistema 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 €0.0 Mil.

* 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.


Banca Sistema SpA  (LTS:0R9H) 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.

Banca Sistema 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
=0/28.606*91
=0.00

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

Banca Sistema 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)
=269.633-4458.777+0.75 * 0+0.5 * 0
=-4,189.1

* 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.


Banca Sistema SpA Change In Receivables Related Terms

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Banca Sistema SpA Business Description

Traded in Other Exchanges
Address
Largo Augusto 1/A, At the corner of Via Verziere 13, Milan, ITA, 20122
Banca Sistema SpA provides factoring and banking services. It is specialized in the acquisition, management, and financing of receivables. The firm's products and services comprise current accounts, time deposits, funding for SME, non-recourse factoring, credit management, and payment services. Segment reporting of the company includes following divisions: Factoring Division includes the business related to the origination of trade and tax receivables with and without recourse and the management. CQ Division, which includes the business related to the purchase of salary- and pension-backed loans. Collateralized Lending Division includes the business related to collateral backed loans. Corporate Division includes activities related to the management of the Group's financial resources.

Banca Sistema SpA Headlines

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