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Greenthesis SpA (STU:SJW) Accounts Receivable : €40.1 Mil (As of Jun. 2023)


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What is Greenthesis SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Greenthesis SpA's accounts receivables for the quarter that ended in Jun. 2023 was €40.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Greenthesis SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 86.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Greenthesis SpA's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-1.61.


Greenthesis SpA Accounts Receivable Historical Data

The historical data trend for Greenthesis 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.

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Greenthesis SpA Accounts Receivable Chart

Greenthesis 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 30.24 34.94 30.71 36.82 43.89

Greenthesis SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 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 30.71 34.27 36.82 40.10 43.89

Greenthesis SpA Accounts Receivable Calculation

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


Greenthesis 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.

Greenthesis SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=40.101/84.488*91
=86.62

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

Greenthesis SpA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(46.317+0.75 * 40.101+0.5 * 1.995-316.381
-0-2.899)/150.688
=-1.61

* 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.


Greenthesis SpA Accounts Receivable Related Terms

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Greenthesis SpA (STU:SJW) Business Description

Traded in Other Exchanges
Address
Via Cassanese, 45, Segrate, Milan, ITA, 20090
Greenthesis SpA is engaged in reclamation, environmental remediation, and treatment, recovery, and disposal of special, dangerous and non-hazardous waste. The company activity is carried out in following business unit namely, environmental bans and rehabilitation, disposal and recovery of industrial waste and design, construction and management of systems for the disposal and recovery of industrial waste and energy production.