TrenDevice SpA (MIL:TD) Change In Receivables: €-0.09 Mil (TTM As of Jun. 2024)

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What is TrenDevice SpA Change In Receivables?

TrenDevice SpA MIL:TD Change In Receivables is €-0.09 Mil as of Jun. 2024.

TrenDevice SpA's change in receivables for the quarter that ended in Jun. 2024 was €0.31 Mil. It means TrenDevice SpA's Accounts Receivable declined by €0.31 Mil from Dec. 2023 to Jun. 2024 .

TrenDevice SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.25 Mil. It means TrenDevice SpA's Accounts Receivable increased by €0.25 Mil from Dec. 2022 to Dec. 2023 .

TrenDevice SpA's Accounts Receivable for the quarter that ended in Jun. 2024 was €0.38 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. TrenDevice SpA's Days Sales Outstanding for the six months ended in Jun. 2024 was 8.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TrenDevice SpA's liquidation value for the six months ended in Jun. 2024 was €-8.02 Mil.

TrenDevice SpA  (MIL:TD) 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.

TrenDevice SpA's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.382/8.389*91
=8.31

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

TrenDevice SpA's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.572-9.72+0.75 * 0.382+0.5 * 1.676
=-8.02

* 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.

TrenDevice SpA Change In Receivables Related Terms

TrenDevice SpA Change In Receivables Historical Data

* Premium members only.

The historical data trend for TrenDevice 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.

TrenDevice SpA Change In Receivables Chart

TrenDevice SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 0.05 -0.14 -0.14 -0.22 -0.25

TrenDevice SpA Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 -0.28 0.15 -0.40 0.31

TrenDevice 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.09 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-0.09 Mil mean?
TrenDevice SpA (MIL:TD) has a Change In Receivables of €-0.09 Mil as of Jun. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for TrenDevice SpA and its competitors.
Is TrenDevice SpA's Change In Receivables too high?
TrenDevice SpA's current Change In Receivables is €-0.09 Mil.
How does TrenDevice SpA's Change In Receivables compare to TSCO and ULTA?
TrenDevice SpA's Change In Receivables of €-0.09 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for TrenDevice SpA and its competitors. TrenDevice SpA's current Change In Receivables is €-0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TrenDevice SpA stock overvalued right now?
TrenDevice SpA (MIL:TD) has a current Change In Receivables of €-0.09 Mil. The current Change In Receivables is €-0.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For TrenDevice SpA (MIL:TD), the current Change In Receivables is €-0.09 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TrenDevice SpA Business Description

Address Via Niccolo Copernico 38, Milan, ITA, 20125
TrenDevice SpA is engaged in the refurbishing and marketing of electronic products such as computers, smartphones, tablets, smartwatches, and others. It also offers maintenance and repair services.