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Bonei Hatichon Civil Engineering & Infrastructures (XTAE:BOTI) Accounts Receivable : ₪12.5 Mil (As of Jun. 2023)


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What is Bonei Hatichon Civil Engineering & Infrastructures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bonei Hatichon Civil Engineering & Infrastructures's accounts receivables for the quarter that ended in Jun. 2023 was ₪12.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bonei Hatichon Civil Engineering & Infrastructures's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 19.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bonei Hatichon Civil Engineering & Infrastructures's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₪-30.11.


Bonei Hatichon Civil Engineering & Infrastructures Accounts Receivable Historical Data

The historical data trend for Bonei Hatichon Civil Engineering & Infrastructures'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.

* Premium members only.

Bonei Hatichon Civil Engineering & Infrastructures Accounts Receivable Chart

Bonei Hatichon Civil Engineering & Infrastructures Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 6.82 3.32 - 0.03 8.00

Bonei Hatichon Civil Engineering & Infrastructures Quarterly Data
Dec16 Dec17 Dec18 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 8.00 10.42 12.55

Bonei Hatichon Civil Engineering & Infrastructures Accounts Receivable Calculation

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


Bonei Hatichon Civil Engineering & Infrastructures 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.

Bonei Hatichon Civil Engineering & Infrastructures's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.549/59.532*91
=19.23

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Bonei Hatichon Civil Engineering & Infrastructures's accounts receivable are only considered to be worth 75% of book value:

Bonei Hatichon Civil Engineering & Infrastructures's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(49.007+0.75 * 12.549+0.5 * 662.185-862.205
-0-0)/15.6964
=-30.11

* 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.


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Bonei Hatichon Civil Engineering & Infrastructures (XTAE:BOTI) Business Description

Traded in Other Exchanges
N/A
Address
Boney Hatihon 26 HaRokmim Street, Building B, Floor 5, PO Box 613, Holon, ISR, 8122504
Bonei Hatichon Civil Engineering & Infrastructures Ltd. provides construction and real estate services. It is engaged in initiating, developing, marketing and managing residential, luxury and commercial development.

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