SATX (SatixFy Communications) Accounts Receivable : $1.42 Mil (As of Sep. 2024)

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What is SatixFy Communications Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SatixFy Communications's accounts receivables for the quarter that ended in Sep. 2024 was $1.42 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SatixFy Communications's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 52.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SatixFy Communications's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.28.

SatixFy Communications Accounts Receivable Historical Data

The historical data trend for SatixFy Communications's Accounts Receivable 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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SatixFy Communications Accounts Receivable Chart

SatixFy Communications Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.49

5.14

4.65

6.35

SatixFy Communications Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial									1.14	6.35	1.27	2.46	1.42

SatixFy Communications Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

SatixFy Communications Accounts Receivable 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 receivables are being managed.

SatixFy Communications's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.423	/	2.456	*	91
=	52.87

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), SatixFy Communications's accounts receivable are only considered to be worth 75% of book value:

SatixFy Communications's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(6.524	+	0.75 * 1.423	+	0.5 * 1.737	-	117.192
-	0	-	0)	/	84.8142
=	-1.28

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

SatixFy Communications Accounts Receivable Related Terms

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SatixFy Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SatixFy Communications Ltd (AMEX:SATX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Hamada Street, Rehovot, ISR, 670315

Website

https://www.satixfy.com

SatixFy Communications Ltd develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house. Its products include modems that feature Software Defined Radio and Fully Electronically Steered Multi Beam Antennas that support the advanced communications standard DVB-S2X. Geographical presence in U.S, Canada, UK and Other countries. Majority of its company revenue comes from U.S and Canada.