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Compagnia Dei Caraibi SpA (MIL:TIME) Change In Receivables : €-0.35 Mil (TTM As of Jun. 2023)


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What is Compagnia Dei Caraibi SpA Change In Receivables?

Compagnia Dei Caraibi SpA's change in receivables for the quarter that ended in Jun. 2023 was €0.98 Mil. It means Compagnia Dei Caraibi SpA's Accounts Receivable declined by €0.98 Mil from Dec. 2022 to Jun. 2023 .

Compagnia Dei Caraibi SpA's change in receivables for the fiscal year that ended in Dec. 2022 was €-0.99 Mil. It means Compagnia Dei Caraibi SpA's Accounts Receivable increased by €0.99 Mil from Dec. 2021 to Dec. 2022 .

Compagnia Dei Caraibi SpA's Accounts Receivable for the quarter that ended in Jun. 2023 was €10.26 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. Compagnia Dei Caraibi SpA's Days Sales Outstanding for the six months ended in Jun. 2023 was 71.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Compagnia Dei Caraibi SpA's liquidation value for the six months ended in Jun. 2023 was €-6.18 Mil.

Compagnia Dei Caraibi SpA Change In Receivables Historical Data

The historical data trend for Compagnia Dei Caraibi 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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Compagnia Dei Caraibi SpA Change In Receivables Chart

Compagnia Dei Caraibi SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Change In Receivables
- -0.79 -4.69 -0.99

Compagnia Dei Caraibi SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Change In Receivables Get a 7-Day Free Trial - - 0.34 -1.33 0.98

Compagnia Dei Caraibi 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.35 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.

Compagnia Dei Caraibi SpA  (MIL:TIME) 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.

Compagnia Dei Caraibi SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.264/26.193*91
=71.51

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

Compagnia Dei Caraibi SpA's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=11.027-33.015+0.75 * 10.264+0.5 * 16.215
=-6.18

* 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.

Compagnia Dei Caraibi SpA Change In Receivables Related Terms

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Compagnia Dei Caraibi SpA (MIL:TIME) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Compagnia Dei Caraibi SpA (MIL:TIME) » Definitions » Change In Receivables
Comparable Companies
MIL:MASI MIL:IWB SHSE:600519 SZSE:000858 LSE:DGE XPAR:RI SZSE:000568 STZ SHSE:600809 BF.B SZSE:002304 SZSE:000596 MIL:CPR SHSE:603369 SGX:Y92 BOM:532432 SHSE:603198 CUERVO PHS:EMI XPAR:RCO
Traded in Other Exchanges
N/A
Address
Via Ribes, 3, Colleretto Giacosa, ITA, 10100
Website
https://www.compagniadeicaraibi.com
Compagnia Dei Caraibi SpA is engaged in the import, development, brand building and distribution of premium spirits, wines and soft drinks premium and ultra premium from all over the world.

Compagnia Dei Caraibi SpA (MIL:TIME) Headlines

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