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Amiad Water Systems (XTAE:AMD) Accounts Receivable : ₪98.6 Mil (As of Sep. 2024)


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What is Amiad Water Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Amiad Water Systems's accounts receivables for the quarter that ended in Sep. 2024 was ₪98.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Amiad Water Systems's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 88.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Amiad Water Systems's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₪-1.74.


Amiad Water Systems Accounts Receivable Historical Data

The historical data trend for Amiad Water Systems'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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Amiad Water Systems Accounts Receivable Chart

Amiad Water Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.84 102.20 108.81 91.95 110.56

Amiad Water Systems Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable 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 108.30 110.56 117.47 106.53 98.59

Amiad Water Systems Accounts Receivable Calculation

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


Amiad Water Systems 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.

Amiad Water Systems's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=98.59/102.205*91
=88.02

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

Amiad Water Systems'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)
=(36.551+0.75 * 98.59+0.5 * 149.992-238.682
-0-0)/30.4863
=-1.74

* 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.


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.


Amiad Water Systems Accounts Receivable Related Terms

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Amiad Water Systems Business Description

Traded in Other Exchanges
N/A
Address
D.N. Galil Elyon 1, Kibbutz Amiad, ISR, 1233500
Amiad Water Systems Ltd is a producer and supplier of water filters and filtration systems. The company concentrates on automatic self-cleaning filters that require low maintenance and can be adapted to provide bespoke solutions to a wide range of applications in a number of industries, in addition to a variety of other applications in the irrigation market. Geographically, it has a presence in the Americas, Aisa-Pacific, and Europe, Middle East, and Africa.