VNE SpA (MIL:VNE) Change In Receivables : €1.61 Mil (TTM As of Dec. 2023)

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What is VNE SpA Change In Receivables?

VNE SpA's change in receivables for the quarter that ended in Dec. 2023 was €1.61 Mil. It means VNE SpA's Accounts Receivable declined by €1.61 Mil from Dec. 2022 to Dec. 2023 .

VNE SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €1.61 Mil. It means VNE SpA's Accounts Receivable declined by €1.61 Mil from Dec. 2022 to Dec. 2023 .

VNE SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €9.28 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. VNE SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 125.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. VNE SpA's liquidation value for the six months ended in Dec. 2023 was €-0.54 Mil.

VNE SpA Change In Receivables Historical Data

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

VNE SpA Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

0.78

-1.04

1.61

VNE SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Change In Receivables	0.78	-1.04	1.61

VNE 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 €1.61 Mil.

VNE SpA (MIL:VNE) 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.

VNE 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
=	9.281	/	13.482	*	91
=	125.63

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

VNE 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)
=	5.364	-	14.502	+	0.75 * 9.281	+	0.5 * 3.284
=	-0.54

VNE SpA Change In Receivables Related Terms

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VNE SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VNE SpA (MIL:VNE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047

Website

https://www.vne.it

VNE SpA produces hardware and software for the management of banknotes, coins and more generally payments and transactions through cash and cashless systems, offering a wide range of customized products and boasting a production of over 7,000 machines a year. It creates, samples and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket and wherever there is a need to manage payments or automated transactions.