Elbit Systems (Elbit Systems) Change In Receivables

: $-97 Mil (TTM As of Dec. 2023)

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Elbit Systems's change in receivables for the quarter that ended in Dec. 2023 was $-31 Mil. It means Elbit Systems's Accounts Receivable increased by $31 Mil from Sep. 2023 to Dec. 2023 .

Elbit Systems's change in receivables for the fiscal year that ended in Dec. 2023 was $-97 Mil. It means Elbit Systems's Accounts Receivable increased by $97 Mil from Dec. 2022 to Dec. 2023 .

Elbit Systems's Accounts Receivable for the quarter that ended in Dec. 2023 was $767 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. Elbit Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elbit Systems's liquidation value for the three months ended in Dec. 2023 was $-4,990 Mil.

Elbit Systems Change In Receivables Historical Data

The historical data trend for Elbit 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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Elbit Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-267.92

-508.06

-430.30

97.15

-96.59

Elbit Systems 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																217.38	-101.65	-7.67	43.88	-31.15

Elbit 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 quarterly data reported by the company within the most recent 12 months, which was $-97 Mil.

Elbit Systems (NAS:ESLT) 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.

Elbit 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
=	767.089	/	1625.794	*	91
=	43.05

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

Elbit 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)
=	207.947	-	6789.291	+	0.75 * 767.089	+	0.5 * 2031.814
=	-4,990

Elbit Systems Change In Receivables Related Terms

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Elbit Systems (Elbit Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Elbit Systems Ltd (NAS:ESLT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ESLT:Israel EB2:Germany

Address

Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401

Website

https://www.elbitsystems.com

Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.