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Italian Wine Brands SpA (MIL:IWB) Accounts Receivable : €52.1 Mil (As of Dec. 2023)


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What is Italian Wine Brands SpA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Italian Wine Brands SpA's accounts receivables for the quarter that ended in Dec. 2023 was €52.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Italian Wine Brands SpA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 40.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Italian Wine Brands SpA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-19.03.


Italian Wine Brands SpA Accounts Receivable Historical Data

The historical data trend for Italian Wine Brands 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.

Italian Wine Brands SpA Accounts Receivable Chart

Italian Wine Brands SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 23.61 30.57 68.14 61.60 52.13

Italian Wine Brands SpA Semi-Annual Data
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 68.14 51.90 61.60 47.82 52.13

Italian Wine Brands SpA Accounts Receivable Calculation

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


Italian Wine Brands 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.

Italian Wine Brands 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
=52.13/232.349*91
=40.95

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

Italian Wine Brands 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)
=(71.424+0.75 * 52.13+0.5 * 76.171-327.566
-0--0.209)/9.39472
=-19.03

* 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.


Italian Wine Brands SpA Accounts Receivable Related Terms

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Italian Wine Brands SpA (MIL:IWB) Business Description

Traded in Other Exchanges
Address
Viale Abruzzi 94, Milan, ITA, 20131
Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.

Italian Wine Brands SpA (MIL:IWB) Headlines

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