Alony-Hetz Properties & Investments (XTAE:ALHE) Accounts Receivable : ₪127 Mil (As of Dec. 2023)

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What is Alony-Hetz Properties & Investments Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alony-Hetz Properties & Investments's accounts receivables for the quarter that ended in Dec. 2023 was ₪127 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alony-Hetz Properties & Investments's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 24.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alony-Hetz Properties & Investments's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₪-174.91.

Alony-Hetz Properties & Investments Accounts Receivable Historical Data

The historical data trend for Alony-Hetz Properties & Investments'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.

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Alony-Hetz Properties & Investments Accounts Receivable Chart

Alony-Hetz Properties & Investments Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

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49.06

64.12

83.46

69.46

147.63

Alony-Hetz Properties & Investments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															147.63	261.71	180.22	149.14	127.46

Alony-Hetz Properties & Investments Accounts Receivable Calculation

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

Alony-Hetz Properties & Investments 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.

Alony-Hetz Properties & Investments's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	127.46	/	471.033	*	91
=	24.69

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Alony-Hetz Properties & Investments's accounts receivable are only considered to be worth 75% of book value:

Alony-Hetz Properties & Investments'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)
=	(2197.677	+	0.75 * 127.46	+	0.5 * 0	-	27667.043
-	0	-	6062.066)	/	179.723
=	-174.91

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.

Alony-Hetz Properties & Investments Accounts Receivable Related Terms

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Alony-Hetz Properties & Investments (XTAE:ALHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alony-Hetz Properties & Investments Ltd (XTAE:ALHE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501

Website

https://www.alony-hetz.com

Alony-Hetz Properties & Investments Ltd is a real estate company that owns and operates commercial properties in Israel and overseas. Its strategy is to manage a large and diversified property portfolio in developing areas and mature markets. The company also purchases and develops real estate to support its rental operations. The type of real estate it manages includes office buildings, commercial centers, supermarkets, central business stations, and industrial parks. The company's largest property investments are based in Israel, followed by the United States, Switzerland, the United Kingdom, and other regions. It also develops and maintains renewable energy installations in Israel and Poland.

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