El AL Israel Airlines (El AL Israel Airlines) Change In Receivables : $-39 Mil (TTM As of Dec. 2023)

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What is El AL Israel Airlines Change In Receivables?

El AL Israel Airlines's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means El AL Israel Airlines's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

El AL Israel Airlines's change in receivables for the fiscal year that ended in Dec. 2023 was $-76 Mil. It means El AL Israel Airlines's Accounts Receivable increased by $76 Mil from Dec. 2022 to Dec. 2023 .

El AL Israel Airlines's Accounts Receivable for the quarter that ended in Dec. 2023 was $294 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. El AL Israel Airlines's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. El AL Israel Airlines's liquidation value for the three months ended in Dec. 2023 was $-2,894 Mil.

El AL Israel Airlines Change In Receivables Historical Data

The historical data trend for El AL Israel Airlines'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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El AL Israel Airlines Change In Receivables Chart

El AL Israel Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-22.25

109.14

-44.40

-140.50

-76.00

El AL Israel Airlines 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															15.99	-35.21	-3.59	-	-

El AL Israel Airlines 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 $-39 Mil.

El AL Israel Airlines (OTCPK:ELALF) 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.

El AL Israel Airlines's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	293.8	/	677.781	*	91
=	39.55

2. In Ben Graham's calculation of liquidation value, El AL Israel Airlines's accounts receivable are only considered to be worth 75% of book value:

El AL Israel Airlines'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)
=	405.7	-	3527.7	+	0.75 * 293.8	+	0.5 * 15.5
=	-2,894

El AL Israel Airlines Change In Receivables Related Terms

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El AL Israel Airlines (El AL Israel Airlines) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » El AL Israel Airlines Ltd (OTCPK:ELALF) » Definitions » Change In Receivables

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ELAL:Israel

Address

PO Box 41, Ben Gurion Airport, Lod, ISR, 7015001

Website

http://www.elal.co.il

El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.