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Eviso SpA (MIL:EVISO) Accounts Receivable : €26.0 Mil (As of Dec. 2023)


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What is Eviso SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eviso SpA's accounts receivables for the quarter that ended in Dec. 2023 was €26.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eviso SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 43.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eviso SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.71.


Eviso SpA Accounts Receivable Historical Data

The historical data trend for Eviso 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.

Eviso SpA Accounts Receivable Chart

Eviso SpA Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 4.06 3.86 11.57 25.73 17.73

Eviso SpA Semi-Annual Data
Jun18 Jun19 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 34.38 25.73 30.15 17.73 25.97

Eviso SpA Accounts Receivable Calculation

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


Eviso 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.

Eviso 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
=25.966/109.083*91
=43.44

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

Eviso 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)
=(14.497+0.75 * 25.966+0.5 * 0-51.044
-0-0)/24.1716
=-0.71

* 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.


Eviso SpA Accounts Receivable Related Terms

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Eviso SpA (MIL:EVISO) Business Description

Traded in Other Exchanges
Address
Via Silvio Pellico 19, Saluzzo, ITA, 12037
Eviso SpA specializes in the supply of electricity for small and medium-sized enterprises, farms, shops and restaurants in low voltage and medium voltage. The coverage for the supply of electricity is active in all regions of Italy.

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