GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Servizi Italia SpA (MIL:SRI) » Definitions » Accounts Receivable

Servizi Italia SpA (MIL:SRI) Accounts Receivable : €80.5 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Servizi Italia SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Servizi Italia SpA's accounts receivables for the quarter that ended in Mar. 2024 was €80.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Servizi Italia SpA's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 100.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Servizi Italia SpA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-6.92.


Servizi Italia SpA Accounts Receivable Historical Data

The historical data trend for Servizi Italia 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.

Servizi Italia SpA Accounts Receivable Chart

Servizi Italia SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.13 62.97 65.14 67.52 75.14

Servizi Italia SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.34 77.34 79.01 75.14 80.53

Servizi Italia SpA Accounts Receivable Calculation

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


Servizi Italia 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.

Servizi Italia SpA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=80.534/73.408*91
=100.11

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

Servizi Italia SpA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(4.342+0.75 * 80.534+0.5 * 9.109-268.074
-0-3.444)/29.2141
=-6.92

* 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.


Servizi Italia SpA Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Servizi Italia SpA's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Servizi Italia SpA (MIL:SRI) Business Description

Traded in Other Exchanges
Address
Via San Pietro 59/B, Castellina di Soragna, ITA, 43019
Servizi Italia SpA is an Italy-based company. Together with its subsidiaries, the firm operates in three segments including Wash hire, Linen sterilisation, and Sterilisation of surgical instruments. Wash hire segment includes planning and provision of integrated hire, reconditioning and logistics services for textile items, mattresses, and accessories. Linen sterilisation includes the planning and rental of sterile medical devices. Sterilisation of surgical instruments includes planning and provision of washing, packaging and sterilisation services for surgical instruments and accessories. The majority of the revenues are generated from the Wash Hire segment. The group operates in Turkey, Brazil, and Italy, out of which the majority of the revenue comes from Italy.