Porto Aviation Group SpA (MIL:PAG) Change In Receivables : €-0.20 Mil (TTM As of Dec. 2023)

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What is Porto Aviation Group SpA Change In Receivables?

Porto Aviation Group SpA's change in receivables for the quarter that ended in Dec. 2023 was €-0.20 Mil. It means Porto Aviation Group SpA's Accounts Receivable increased by €0.20 Mil from Dec. 2022 to Dec. 2023 .

Porto Aviation Group SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.20 Mil. It means Porto Aviation Group SpA's Accounts Receivable increased by €0.20 Mil from Dec. 2022 to Dec. 2023 .

Porto Aviation Group SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €0.25 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. Porto Aviation Group SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 15.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Porto Aviation Group SpA's liquidation value for the six months ended in Dec. 2023 was €0.28 Mil.

Porto Aviation Group SpA Change In Receivables Historical Data

The historical data trend for Porto Aviation 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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Porto Aviation Group SpA Change In Receivables Chart

Porto Aviation Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

0.01

-0.20

Porto Aviation Group SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Change In Receivables	0.01	0.01	-0.20

Porto Aviation 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.

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 €-0.20 Mil.

Porto Aviation Group SpA (MIL:PAG) 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.

Porto Aviation Group 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
=	0.251	/	3.009	*	91
=	15.22

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

Porto Aviation Group 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)
=	1.773	-	2.467	+	0.75 * 0.251	+	0.5 * 1.58
=	0.28

Porto Aviation Group SpA Change In Receivables Related Terms

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Porto Aviation Group SpA (MIL:PAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Porto Aviation Group SpA (MIL:PAG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

M2N:Germany

Address

Via Confalonieri 22, Cremella, Lecco, ITA, 23894

Website

https://www.portoaviationgroup.com

Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, hydraulic components, fuel systems, aluminum alloy sections, and tubes.