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Harel Insurance Investments & Financial Services (XTAE:HARL) Change In Receivables : ₪863 Mil (TTM As of Dec. 2023)


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What is Harel Insurance Investments & Financial Services Change In Receivables?

Harel Insurance Investments & Financial Services's change in receivables for the quarter that ended in Dec. 2023 was ₪1,009 Mil. It means Harel Insurance Investments & Financial Services's Accounts Receivable declined by ₪1,009 Mil from Sep. 2023 to Dec. 2023 .

Harel Insurance Investments & Financial Services's change in receivables for the fiscal year that ended in Dec. 2023 was ₪863 Mil. It means Harel Insurance Investments & Financial Services's Accounts Receivable declined by ₪863 Mil from Dec. 2022 to Dec. 2023 .

Harel Insurance Investments & Financial Services's Accounts Receivable for the quarter that ended in Dec. 2023 was ₪1,945 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. Harel Insurance Investments & Financial Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 27.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Harel Insurance Investments & Financial Services's liquidation value for the three months ended in Dec. 2023 was ₪-107,896 Mil.


Harel Insurance Investments & Financial Services Change In Receivables Historical Data

The historical data trend for Harel Insurance Investments & Financial Services'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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Harel Insurance Investments & Financial Services Change In Receivables Chart

Harel Insurance Investments & Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.00 -154.00 -212.00 -1,814.00 863.00

Harel Insurance Investments & Financial Services 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 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 104.00 996.00 -220.00 -922.00 1,009.00

Harel Insurance Investments & Financial Services 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 ₪863 Mil.

* 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.


Harel Insurance Investments & Financial Services  (XTAE:HARL) 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.

Harel Insurance Investments & Financial Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1945/6425*91
=27.62

2. In Ben Graham's calculation of liquidation value, Harel Insurance Investments & Financial Services's accounts receivable are only considered to be worth 75% of book value:

Harel Insurance Investments & Financial Services'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)
=26498-135853+0.75 * 1945+0.5 * 0
=-107,896

* 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.


Harel Insurance Investments & Financial Services Change In Receivables Related Terms

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Harel Insurance Investments & Financial Services (XTAE:HARL) Business Description

Traded in Other Exchanges
N/A
Address
3 Abba Hillel Street, Ramat Gan, ISR
Harel Insurance Investments & Financial Services Ltd is a diversified insurance company that offers a selection of life insurance policies, health insurance, nursing insurance, travel insurance, car insurance, and rent and property insurance to residential and commercial customers in Israel. The company also generates revenue through investment portfolio management, mutual funds, and exchange-traded funds.

Harel Insurance Investments & Financial Services (XTAE:HARL) Headlines