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Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) Change In Receivables : ₪-29.4 Mil (TTM As of Dec. 2023)


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What is Zvirfati & Sons Investmentsnstructions Change In Receivables?

Zvirfati & Sons Investmentsnstructions's change in receivables for the quarter that ended in Dec. 2023 was ₪-9.7 Mil. It means Zvirfati & Sons Investmentsnstructions's Accounts Receivable increased by ₪9.7 Mil from Sep. 2023 to Dec. 2023 .

Zvirfati & Sons Investmentsnstructions's change in receivables for the fiscal year that ended in Dec. 2023 was ₪-29.4 Mil. It means Zvirfati & Sons Investmentsnstructions's Accounts Receivable increased by ₪29.4 Mil from Dec. 2022 to Dec. 2023 .

Zvirfati & Sons Investmentsnstructions's Accounts Receivable for the quarter that ended in Dec. 2023 was ₪5.2 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. Zvirfati & Sons Investmentsnstructions's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zvirfati & Sons Investmentsnstructions's liquidation value for the three months ended in Dec. 2023 was ₪-399.4 Mil.


Zvirfati & Sons Investmentsnstructions Change In Receivables Historical Data

The historical data trend for Zvirfati & Sons Investmentsnstructions'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.

* Premium members only.

Zvirfati & Sons Investmentsnstructions Change In Receivables Chart

Zvirfati & Sons Investmentsnstructions 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 -8.92 -16.69 -52.12 14.23 -29.39

Zvirfati & Sons Investmentsnstructions 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 -12.11 21.46 -14.30 -26.86 -9.69

Zvirfati & Sons Investmentsnstructions 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 ₪-29.4 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.


Zvirfati & Sons Investmentsnstructions  (XTAE:SRFT) 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.

Zvirfati & Sons Investmentsnstructions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.226/64.351*91
=7.41

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

Zvirfati & Sons Investmentsnstructions'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)
=68.219-820.637+0.75 * 5.226+0.5 * 698.21
=-399.4

* 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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Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) Business Description

Traded in Other Exchanges
N/A
Address
91 Herzl Street, French house, Rishon Le'zion, ISR, 7526201
Zvi Sarfati & Sons Investments & Constructions Ltd is an Israel based real estate company. It is engaged in construction of real estate properties such as office buildings, residential housing & store spaces. Its projects include Beer Yaakov, Pardes Hanna, Ness Ziona, Kiryat Ono.

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