Ermenegildo Zegna NV (Ermenegildo Zegna NV) Change In Receivables : $-55 Mil (TTM As of Dec. 2023)

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What is Ermenegildo Zegna NV Change In Receivables?

Ermenegildo Zegna NV's change in receivables for the quarter that ended in Dec. 2023 was $-26 Mil. It means Ermenegildo Zegna NV's Accounts Receivable increased by $26 Mil from Jun. 2023 to Dec. 2023 .

Ermenegildo Zegna NV's change in receivables for the fiscal year that ended in Dec. 2023 was $-56 Mil. It means Ermenegildo Zegna NV's Accounts Receivable increased by $56 Mil from Dec. 2022 to Dec. 2023 .

Ermenegildo Zegna NV's Accounts Receivable for the quarter that ended in Dec. 2023 was $262 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. Ermenegildo Zegna NV's Days Sales Outstanding for the six months ended in Dec. 2023 was 43.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ermenegildo Zegna NV's liquidation value for the six months ended in Dec. 2023 was $-1,131 Mil.

Ermenegildo Zegna NV Change In Receivables Historical Data

The historical data trend for Ermenegildo Zegna NV'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.

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Ermenegildo Zegna NV Change In Receivables Chart

Ermenegildo Zegna NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-9.31

43.40

-13.89

-16.55

-55.64

Ermenegildo Zegna NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial					-5.92	-3.53	-13.01	-29.09	-26.36

Ermenegildo Zegna NV 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-55 Mil.

Ermenegildo Zegna NV (NYSE:ZGN) 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.

Ermenegildo Zegna NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	262.221	/	1092.137	*	91
=	43.82

2. In Ben Graham's calculation of liquidation value, Ermenegildo Zegna NV's accounts receivable are only considered to be worth 75% of book value:

Ermenegildo Zegna NV's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	422.061	-	2035.022	+	0.75 * 262.221	+	0.5 * 569.89
=	-1,131

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Ermenegildo Zegna NV (Ermenegildo Zegna NV) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ermenegildo Zegna NV (NYSE:ZGN) » Definitions » Change In Receivables

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JN0:Germany

Address

99/100 Viale Roma, Valdilana location, Trivero, ITA, 13835

Website

https://www.zegnagroup.com

Ermenegildo Zegna NV designs, creates and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear and accessories under the Thom Browne brand. It operates in two segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile and Third Party Brands) and the Thom Browne segment.