ELSA Solutions SpA (MIL:ELSA) Change In Receivables : €-0.67 Mil (TTM As of Dec. 2023)

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What is ELSA Solutions SpA Change In Receivables?

ELSA Solutions SpA's change in receivables for the quarter that ended in Dec. 2023 was €-0.67 Mil. It means ELSA Solutions SpA's Accounts Receivable increased by €0.67 Mil from Dec. 2022 to Dec. 2023 .

ELSA Solutions SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.67 Mil. It means ELSA Solutions SpA's Accounts Receivable increased by €0.67 Mil from Dec. 2022 to Dec. 2023 .

ELSA Solutions SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €5.85 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. ELSA Solutions SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 55.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ELSA Solutions SpA's liquidation value for the six months ended in Dec. 2023 was €-3.15 Mil.

ELSA Solutions SpA Change In Receivables Historical Data

The historical data trend for ELSA Solutions 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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ELSA Solutions SpA Change In Receivables Chart

ELSA Solutions SpA Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-2.32

-0.61

-0.67

ELSA Solutions SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Change In Receivables	-2.32	-0.61	-0.67

ELSA Solutions 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 €-0.67 Mil.

ELSA Solutions SpA (MIL:ELSA) 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.

ELSA Solutions 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
=	5.848	/	19.276	*	91
=	55.37

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

ELSA Solutions 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)
=	1.912	-	13.058	+	0.75 * 5.848	+	0.5 * 7.218
=	-3.15

ELSA Solutions SpA Change In Receivables Related Terms

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ELSA Solutions SpA (MIL:ELSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ELSA Solutions SpA (MIL:ELSA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via P. Patarini 15, Imola, ITA, 40026

Website

https://www.elsaweb.it

ELSA Solutions SpA is a company engaged in in the motion control and special purpose batteries sector. It operates through two business lines: the E-Motion line, dedicated to the system integrator activity of industrial automation systems (motion control), with which it offers solutions and components for operation, management and the control of the movement of mechanical systems in the field of industrial automation and the movement of precision, and the Aliant line, dedicated to the assembly of special purpose battery systems, in particular lithium batteries and in the hydrogen systems sector in which the Company operates as an OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturing.

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