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Almawave SpA (MIL:AIW) Accounts Receivable : €46.33 Mil (As of Dec. 2023)


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What is Almawave SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Almawave SpA's accounts receivables for the quarter that ended in Dec. 2023 was €46.33 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Almawave SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 283.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Almawave SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.11.


Almawave SpA Accounts Receivable Historical Data

The historical data trend for Almawave SpA's Accounts Receivable 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.

* Premium members only.

Almawave SpA Accounts Receivable Chart

Almawave SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 17.53 20.91 26.29 39.28 46.33

Almawave SpA Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 26.29 35.99 39.28 45.23 46.33

Almawave SpA Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Almawave SpA Accounts Receivable 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 receivables are being managed.

Almawave 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
=46.334/29.814*91
=283.62

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Almawave SpA's accounts receivable are only considered to be worth 75% of book value:

Almawave SpA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10.38+0.75 * 46.334+0.5 * 0-48.304
-0-0.107)/29.6894
=-0.11

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Almawave SpA Accounts Receivable Related Terms

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Almawave SpA (MIL:AIW) Business Description

Traded in Other Exchanges
Address
188/190, Via di Casal Boccone, Rome, ITA, 00137
Almawave SpA is an Italian player in artificial intelligence and natural language analysis. It brings breed technologies and exhaustive Big data-oriented services to support the digital enhancement of enterprises and public administrations. The company's platform leverages cutting-edge proprietary technologies and applied services for Big Data, Data Science, Machine Learning, AI Architecture, and Integration, to interpret text and voice in over 30 languages, interacting in multi-channel mode, analyzing data and information with a view to knowledge development and automation.

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