Ituran Location and Control (Ituran Location and Control) Change In Receivables

: $-0.0 Mil (TTM As of Dec. 2023)

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Ituran Location and Control's change in receivables for the quarter that ended in Dec. 2023 was $1.8 Mil. It means Ituran Location and Control's Accounts Receivable declined by $1.8 Mil from Sep. 2023 to Dec. 2023 .

Ituran Location and Control's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.0 Mil. It means Ituran Location and Control's Accounts Receivable increased by $0.0 Mil from Dec. 2022 to Dec. 2023 .

Ituran Location and Control's Accounts Receivable for the quarter that ended in Dec. 2023 was $45.4 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. Ituran Location and Control's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ituran Location and Control's liquidation value for the three months ended in Dec. 2023 was $-37.4 Mil.

Ituran Location and Control Change In Receivables Historical Data

The historical data trend for Ituran Location and Control'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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Ituran Location and Control Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

10.70

4.50

-3.99

-5.10

-0.03

Ituran Location and Control Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																-0.81	-2.78	-0.17	1.16	1.77

Ituran Location and Control 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 quarterly data reported by the company within the most recent 12 months, which was $-0.0 Mil.

Ituran Location and Control (NAS:ITRN) 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.

Ituran Location and Control's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	45.39	/	77.808	*	91
=	53.23

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

Ituran Location and Control'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)
=	53.553	-	138.439	+	0.75 * 45.39	+	0.5 * 26.872
=	-37.4

Ituran Location and Control Change In Receivables Related Terms

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Ituran Location and Control (Ituran Location and Control) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ituran Location and Control Ltd (NAS:ITRN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hashikma Street, Azour, ISR, 5800182

Website

https://www.ituran.com

Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others.