Piquadro SpA (MIL:PQ) Change In Receivables : €-7.8 Mil (TTM As of Sep. 2023)

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What is Piquadro SpA Change In Receivables?

Piquadro SpA's change in receivables for the quarter that ended in Sep. 2023 was €-9.7 Mil. It means Piquadro SpA's Accounts Receivable increased by €9.7 Mil from Mar. 2023 to Sep. 2023 .

Piquadro SpA's change in receivables for the fiscal year that ended in Mar. 2023 was €-1.0 Mil. It means Piquadro SpA's Accounts Receivable increased by €1.0 Mil from Mar. 2022 to Mar. 2023 .

Piquadro SpA's Accounts Receivable for the quarter that ended in Sep. 2023 was €38.2 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. Piquadro SpA's Days Sales Outstanding for the six months ended in Sep. 2023 was 81.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Piquadro SpA's liquidation value for the six months ended in Sep. 2023 was €-41.5 Mil.

Piquadro SpA Change In Receivables Historical Data

The historical data trend for Piquadro 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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Piquadro SpA Change In Receivables Chart

Piquadro SpA Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-5.44

7.10

2.65

-5.59

-0.99

Piquadro SpA Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-6.21	0.62	-2.87	1.87	-9.72

Piquadro 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-7.8 Mil.

Piquadro SpA (MIL:PQ) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	38.214	/	85.94	*	91
=	81.15

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

Piquadro SpA's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	35.576	-	124.516	+	0.75 * 38.214	+	0.5 * 37.473
=	-41.5

Piquadro SpA Change In Receivables Related Terms

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Piquadro SpA (MIL:PQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Piquadro SpA (MIL:PQ) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

4LZ:Germany

Address

Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041

Website

https://www.piquadro.com

Piquadro SpA operates in the leather goods market. The company designs, manufactures and markets goods under its own brand name. Its products include women's bags, travel bags, briefcases, belts, wallets, key rings, cigar cases among others. The company's operating segment includes Piquadro; The Bridge and Lancel. It generates maximum revenue from the Lancel segment. Geographically, it derives a majority of revenue from Europe and also has a presence in Italy and the Rest of the World.

Piquadro SpA (MIL:PQ) Headlines

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