AA Tech SpA (MIL:AAT) Change In Receivables : €0.09 Mil (TTM As of Dec. 2023)

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What is AA Tech SpA Change In Receivables?

AA Tech SpA's change in receivables for the quarter that ended in Dec. 2023 was €0.09 Mil. It means AA Tech SpA's Accounts Receivable declined by €0.09 Mil from Dec. 2022 to Dec. 2023 .

AA Tech SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €0.09 Mil. It means AA Tech SpA's Accounts Receivable declined by €0.09 Mil from Dec. 2022 to Dec. 2023 .

AA Tech SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €0.10 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. AA Tech SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 10.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AA Tech SpA's liquidation value for the six months ended in Dec. 2023 was €-4.89 Mil.

AA Tech SpA Change In Receivables Historical Data

The historical data trend for AA Tech 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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AA Tech SpA Change In Receivables Chart

AA Tech SpA Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-0.19

0.01

0.09

AA Tech SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Change In Receivables	-0.19	0.01	0.09

AA Tech 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was €0.09 Mil.

AA Tech SpA (MIL:AAT) 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.

AA Tech 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
=	0.101	/	1.757	*	91
=	10.49

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

AA Tech 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)
=	0.447	-	5.414	+	0.75 * 0.101	+	0.5 * 0
=	-4.89

AA Tech SpA Change In Receivables Related Terms

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AA Tech SpA (MIL:AAT) Business Description

Industry

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Traded in Other Exchanges

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Address

Via Giovanni Lanza 57, Fondi, ITA, 04022

Website

https://www.aatech.it

AA Tech SpA is an innovative venture tech builder in the digital sector, with the constant aim of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek innovative solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.