GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Finanza.tech SpA (MIL:FTC) » Definitions » Change In Receivables

Finanza.tech SpA (MIL:FTC) Change In Receivables : €-6.81 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Finanza.tech SpA Change In Receivables?

Finanza.tech SpA's change in receivables for the quarter that ended in Dec. 2023 was €-1.32 Mil. It means Finanza.tech SpA's Accounts Receivable increased by €1.32 Mil from Jun. 2023 to Dec. 2023 .

Finanza.tech SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-6.81 Mil. It means Finanza.tech SpA's Accounts Receivable increased by €6.81 Mil from Dec. 2022 to Dec. 2023 .

Finanza.tech SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €8.52 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. Finanza.tech SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 476.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Finanza.tech SpA's liquidation value for the six months ended in Dec. 2023 was €-1.17 Mil.

Finanza.tech SpA Change In Receivables Historical Data

The historical data trend for Finanza.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.

* Premium members only.

Finanza.tech SpA Change In Receivables Chart

Finanza.tech SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
- -0.49 -0.14 -1.09 -6.81

Finanza.tech SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only 2.28 -1.09 - -5.49 -1.32

Finanza.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.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-6.81 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.

Finanza.tech SpA  (MIL:FTC) 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.

Finanza.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
=8.517/3.263*91
=476.36

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

Finanza.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)
=0.286-7.842+0.75 * 8.517+0.5 * 0
=-1.17

* 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.

Finanza.tech SpA Change In Receivables Related Terms

Thank you for viewing the detailed overview of Finanza.tech SpA's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Finanza.tech SpA (MIL:FTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Finanza.tech SpA (MIL:FTC) » Definitions » Change In Receivables
Comparable Companies
MIL:EPRB MIL:PMT VRSK LSE:EXPN EFX BAH XSWX:SGSN XPAR:BVI TRU FCN TSE:6532 XSWX:DKSH SZSE:300012 ASX:ALQ ICFI XPAR:IPS HURN LSE:DATA SZSE:002967 SHSE:603060
Traded in Other Exchanges
N/A
Address
Via Santa Maria Fulcorina, 19, Milan, ITA, 20123
Website
https://www.finanza.tech
Finanza.tech SpA is a fintech operator. It provides consultancy activities in extraordinary finance operations and support for ordinary corporate financial management.