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Gruppo Green Power SpA (MIL:GGP) Change In Receivables : €-1.26 Mil (TTM As of Jun. 2020)


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What is Gruppo Green Power SpA Change In Receivables?

Gruppo Green Power SpA's change in receivables for the quarter that ended in Jun. 2020 was €-2.06 Mil. It means Gruppo Green Power SpA's Accounts Receivable increased by €2.06 Mil from Dec. 2019 to Jun. 2020 .

Gruppo Green Power SpA's change in receivables for the fiscal year that ended in Dec. 2019 was €0.63 Mil. It means Gruppo Green Power SpA's Accounts Receivable declined by €0.63 Mil from Dec. 2018 to Dec. 2019 .

Gruppo Green Power SpA's Accounts Receivable for the quarter that ended in Jun. 2020 was €2.75 Mil.

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 Receivable are being managed. Gruppo Green Power SpA's Days Sales Outstanding for the six months ended in Jun. 2020 was 150.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gruppo Green Power SpA's liquidation value for the six months ended in Jun. 2020 was €-10.72 Mil.


Gruppo Green Power SpA Change In Receivables Historical Data

The historical data trend for Gruppo Green Power SpA's Change In Receivables 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.

Gruppo Green Power SpA Change In Receivables Chart

Gruppo Green Power SpA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 0.23 -0.45 -0.27 0.52 0.63

Gruppo Green Power SpA Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Change In Receivables 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 0.03 0.49 -0.17 0.80 -2.06

Gruppo Green Power SpA Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.26 Mil.

* 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.


Gruppo Green Power SpA  (MIL:GGP) Change In Receivables 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 Receivable are being managed.

Gruppo Green Power SpA's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.747/3.332*91
=150.46

2. In Ben Graham's calculation of liquidation value, Gruppo Green Power SpA's accounts receivable are only considered to be worth 75% of book value:

Gruppo Green Power SpA's liquidation value for the quarter that ended in Jun. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.309-13.711+0.75 * 2.747+0.5 * 1.253
=-10.72

* 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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Gruppo Green Power SpA (MIL:GGP) Business Description

Traded in Other Exchanges
N/A
Address
Via Varotara 57, Mirano, ITA, 30035
Gruppo Green Power S.p.A., provides services related to energy from renewable resources, such as water, sun, wind and geothermal energy. It offers photovoltaic systems, mini wind solar thermal systems and services.

Gruppo Green Power SpA (MIL:GGP) Headlines

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