Amanet Management & Systems (XTAE:AMAN) Change In Receivables : ₪-2.7 Mil (TTM As of Dec. 2023)

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What is Amanet Management & Systems Change In Receivables?

Amanet Management & Systems's change in receivables for the quarter that ended in Dec. 2023 was ₪0.1 Mil. It means Amanet Management & Systems's Accounts Receivable declined by ₪0.1 Mil from Jun. 2023 to Dec. 2023 .

Amanet Management & Systems's change in receivables for the fiscal year that ended in Dec. 2023 was ₪-2.7 Mil. It means Amanet Management & Systems's Accounts Receivable increased by ₪2.7 Mil from Dec. 2022 to Dec. 2023 .

Amanet Management & Systems's Accounts Receivable for the quarter that ended in Dec. 2023 was ₪86.2 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. Amanet Management & Systems's Days Sales Outstanding for the six months ended in Dec. 2023 was 92.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Amanet Management & Systems's liquidation value for the six months ended in Dec. 2023 was ₪34.3 Mil.

Amanet Management & Systems Change In Receivables Historical Data

The historical data trend for Amanet Management & Systems'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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Amanet Management & Systems Change In Receivables Chart

Amanet Management & Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.97

11.98

-14.77

5.03

-2.68

Amanet Management & Systems Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial												7.58	-14.62	19.65	-2.79	0.11

Amanet Management & Systems 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 ₪-2.7 Mil.

Amanet Management & Systems (XTAE:AMAN) 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.

Amanet Management & Systems's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	86.206	/	169.579	*	91
=	92.77

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

Amanet Management & Systems'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)
=	42.967	-	73.315	+	0.75 * 86.206	+	0.5 * 0
=	34.3

Amanet Management & Systems Change In Receivables Related Terms

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Amanet Management & Systems (XTAE:AMAN) Business Description

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Address

34 Habarzel Street, Ramat Hahayal, Tel-Aviv, ISR, 6971050

Website

http://www.amanet.co.il

Amanet Management & Systems Ltd operates as a multi disciplinary service and consultancy provider. Its business activities include consulting, engineering, logistics and outsourcing, IT and software and development of large businesses in Israel & abroad. It has customer base in all segments of the industry such as defense, government, public institutions, commerce and services, construction, business field and others.

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