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Omer SpA (MIL:OMER) Accounts Receivable : €17.86 Mil (As of Dec. 2023)


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What is Omer SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Omer SpA's accounts receivables for the quarter that ended in Dec. 2023 was €17.86 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Omer SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 95.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Omer SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €0.79.


Omer SpA Accounts Receivable Historical Data

The historical data trend for Omer 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.

Omer SpA Accounts Receivable Chart

Omer SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 10.66 18.82 7.02 15.52 17.86

Omer SpA Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 7.02 13.43 15.52 16.03 17.86

Omer SpA Accounts Receivable Calculation

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


Omer 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.

Omer 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
=17.86/34.118*91
=95.53

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

Omer 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)
=(22.512+0.75 * 17.86+0.5 * 15.854-21.241
-0-0)/28.6354
=0.79

* 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.


Omer SpA Accounts Receivable Related Terms

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Omer SpA (MIL:OMER) Business Description

Traded in Other Exchanges
Address
Via Foresto, 42, Susegana, ITA, 31058
Omer SpA is engaged in the design, production and sale of power tools and the relevant fasteners. Its products include Pneumatic tools and fasteners, Industrial staples under the brand's More, Omer USA, Omer Hungary, Velo, Rapter, Black Magic among others.