Bifire SpA (MIL:FIRE) Change In Receivables : €-6.41 Mil (TTM As of Dec. 2023)

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What is Bifire SpA Change In Receivables?

Bifire SpA's change in receivables for the quarter that ended in Dec. 2023 was €-3.99 Mil. It means Bifire SpA's Accounts Receivable increased by €3.99 Mil from Jun. 2023 to Dec. 2023 .

Bifire SpA's change in receivables for the fiscal year that ended in Dec. 2023 was €-6.41 Mil. It means Bifire SpA's Accounts Receivable increased by €6.41 Mil from Dec. 2022 to Dec. 2023 .

Bifire SpA's Accounts Receivable for the quarter that ended in Dec. 2023 was €17.33 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. Bifire SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 123.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bifire SpA's liquidation value for the six months ended in Dec. 2023 was €5.99 Mil.

Bifire SpA Change In Receivables Historical Data

The historical data trend for Bifire 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.

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Bifire SpA Change In Receivables Chart

Bifire SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.46

-2.72

-1.50

-6.41

Bifire SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-3.97	2.47	-2.43	-3.99

Bifire 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-6.41 Mil.

Bifire SpA (MIL:FIRE) 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.

Bifire 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
=	17.331	/	25.582	*	91
=	123.64

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

Bifire SpA'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)
=	7.552	-	17.178	+	0.75 * 17.331	+	0.5 * 5.23
=	5.99

Bifire SpA Change In Receivables Related Terms

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Bifire SpA (MIL:FIRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bifire SpA (MIL:FIRE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

Q8I:Germany

Address

Via Lavoratori dell'Autobianchi, 1, Desio, ITA, 20832

Website

https://www.bifire.it

Bifire SpA is a manufacturer of products for thermal insulation and fire protection in construction, industrial and marine environments, manufactures technological and innovative products, enabling the completion of projects. Its products comprise Aquafire, Aquafire LED, Bilife, and Vacunanex. Its products cater to Fireproofing construction, Thermal insulation construction, Fireproofing Industry, and Thermal Insulation Industry.

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