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Neto Malinda Trading (XTAE:NTML) Accounts Receivable : ₪977 Mil (As of Dec. 2023)


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What is Neto Malinda Trading Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Neto Malinda Trading's accounts receivables for the quarter that ended in Dec. 2023 was ₪977 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Neto Malinda Trading's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 88.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Neto Malinda Trading's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₪16.49.


Neto Malinda Trading Accounts Receivable Historical Data

The historical data trend for Neto Malinda Trading'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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Neto Malinda Trading Accounts Receivable Chart

Neto Malinda Trading Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 568.12 682.67 727.76 931.79 1,031.18

Neto Malinda Trading 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 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 Premium Member Only Premium Member Only 1,031.18 1,117.67 1,104.31 1,213.17 977.43

Neto Malinda Trading Accounts Receivable Calculation

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


Neto Malinda Trading 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.

Neto Malinda Trading's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=977.433/1009.474*91
=88.35

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

Neto Malinda Trading'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)
=(6.128+0.75 * 977.433+0.5 * 464.638-630.646
-0-14.634)/19.7902
=16.49

* 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.


Neto Malinda Trading Accounts Receivable Related Terms

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Neto Malinda Trading (XTAE:NTML) Business Description

Traded in Other Exchanges
N/A
Address
5 Meir Ezra Street, P.O Box 655, Kiryat Malachi, ISR, 75864
Neto Malinda Trading Ltd is a food conglomerates in Israel. It operates in food processing sector. The Company imports and exports food products, produces fish products, imports canned goods and produces products under Williger brand. Its brands include Tibon Veal, Delidag, Williger, Three Bakers, Rich's, Bikorey Hasade Darom. It also owns and operates cold storage for frozen and chilled products.

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