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Res SpA (MIL:RES) Change In Receivables : €0.00 Mil (TTM As of Dec. 2023)


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What is Res SpA Change In Receivables?

Res SpA's change in receivables for the quarter that ended in Dec. 2023 was €0.00 Mil. It means Res SpA's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Res SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.97 Mil. It means Res SpA's Accounts Receivable increased by €0.97 Mil from Dec. 2022 to Dec. 2023 .

Res SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €6.05 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. Res SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 114.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Res SpA's liquidation value for the six months ended in Dec. 2023 was €-23.28 Mil.


Res SpA Change In Receivables Historical Data

The historical data trend for Res 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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Res SpA Change In Receivables Chart

Res SpA Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
- - -0.97

Res SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables - - - - -

Res 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 €0.00 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.


Res SpA  (MIL:RES) 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.

Res 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
=6.054/9.641*91
=114.60

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

Res 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)
=10.521-38.669+0.75 * 6.054+0.5 * 0.651
=-23.28

* 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.


Res SpA Change In Receivables Related Terms

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Res SpA (MIL:RES) Business Description

Traded in Other Exchanges
N/A
Address
Pettoranello del Molise, Zona Industriale, ITA, 86090
Res SpA operates in the waste sector. The business activity is mainly focused on the collection and sorting of materials. The company deals with the entire waste management process from selection to functional treatment and transformation to the regeneration and recovery of waste and reuse as production raw materials.