Lottomatica Group SpA (MIL:LTMC) Change In Receivables : €-15 Mil (TTM As of Mar. 2024)

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What is Lottomatica Group SpA Change In Receivables?

Lottomatica Group SpA's change in receivables for the quarter that ended in Mar. 2024 was €5 Mil. It means Lottomatica Group SpA's Accounts Receivable declined by €5 Mil from Dec. 2023 to Mar. 2024 .

Lottomatica Group SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-10 Mil. It means Lottomatica Group SpA's Accounts Receivable increased by €10 Mil from Dec. 2022 to Dec. 2023 .

Lottomatica Group SpA's Accounts Receivable for the quarter that ended in Mar. 2024 was €91 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. Lottomatica Group SpA's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lottomatica Group SpA's liquidation value for the three months ended in Mar. 2024 was €-2,350 Mil.

Lottomatica Group SpA Change In Receivables Historical Data

The historical data trend for Lottomatica Group 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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Lottomatica Group SpA Change In Receivables Chart

Lottomatica Group SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

25.46

-71.51

35.59

-10.45

Lottomatica Group SpA Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial					9.54	11.44	-12.90	-18.52	4.55

Lottomatica Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-15 Mil.

Lottomatica Group SpA (MIL:LTMC) 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.

Lottomatica Group SpA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	90.909	/	440.079	*	91
=	18.85

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

Lottomatica Group SpA's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	321.181	-	2740.318	+	0.75 * 90.909	+	0.5 * 1.808
=	-2,350

Lottomatica Group SpA Change In Receivables Related Terms

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Lottomatica Group SpA (MIL:LTMC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

LTMCm:UK

Address

Via degli Aldobrandeschi, 300, Rome, ITA, 00163

Website

https://www.lottomaticagroup.com

Lottomatica Group SpA is an operator on the gaming market authorized by the Customs and Monopolies Agency. The group operates in various sectors namely Online (sports betting and online games); Betting (sports bets and games on a physical network); Gaming (AWP and VLT entertainment machines, direct management of gaming halls and proprietary AWPs).

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