Vantea Smart SpA (MIL:VNT) Change In Receivables : €5.86 Mil (TTM As of Dec. 2023)

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What is Vantea Smart SpA Change In Receivables?

Vantea Smart SpA's change in receivables for the quarter that ended in Dec. 2023 was €2.74 Mil. It means Vantea Smart SpA's Accounts Receivable declined by €2.74 Mil from Jun. 2023 to Dec. 2023 .

Vantea Smart SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €5.86 Mil. It means Vantea Smart SpA's Accounts Receivable declined by €5.86 Mil from Dec. 2022 to Dec. 2023 .

Vantea Smart SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €6.13 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. Vantea Smart SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 606.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vantea Smart SpA's liquidation value for the six months ended in Dec. 2023 was €-4.63 Mil.

Vantea Smart SpA Change In Receivables Historical Data

The historical data trend for Vantea Smart 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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Vantea Smart SpA Change In Receivables Chart

Vantea Smart SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-2.63

-8.04

-1.31

5.86

Vantea Smart SpA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-5.87	-9.76	8.45	3.12	2.74

Vantea Smart 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 €5.86 Mil.

Vantea Smart SpA (MIL:VNT) 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.

Vantea Smart 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
=	6.128	/	1.844	*	91
=	606.49

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

Vantea Smart 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)
=	9.271	-	18.492	+	0.75 * 6.128	+	0.5 * 0
=	-4.63

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Vantea Smart SpA (MIL:VNT) Business Description

Industry

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Traded in Other Exchanges

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Address

Via Tiburtina 1231, Rome, ITA, 00131

Website

https://www.vantea.com

Vantea Smart SpA is an Information Technology company that operates mainly in the Cybersecurity sector. It also offers consultancy in the field of System Integration and Software Development and Project development and Product development activities.