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Holmes Place International (XTAE:HLMS) Accounts Receivable : ₪46.3 Mil (As of Dec. 2024)


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What is Holmes Place International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Holmes Place International's accounts receivables for the quarter that ended in Dec. 2024 was ₪46.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Holmes Place International's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 29.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Holmes Place International's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₪-13.04.


Holmes Place International Accounts Receivable Historical Data

The historical data trend for Holmes Place International'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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Holmes Place International Accounts Receivable Chart

Holmes Place International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 19.49 29.70 38.46 41.98 46.31

Holmes Place International Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 41.98 47.05 56.49 51.26 46.31

Holmes Place International Accounts Receivable Calculation

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


Holmes Place International 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.

Holmes Place International's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=46.311/141.34*91
=29.90

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

Holmes Place International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(27.308+0.75 * 46.311+0.5 * 0.825-1259.226
-0-0)/91.790
=-13.04

* 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.


Holmes Place International Accounts Receivable Related Terms

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Holmes Place International Business Description

Traded in Other Exchanges
N/A
Address
1 Hatidhar, Ra'anana, ISR, 4366503
Holmes Place International Ltd is an Israel-based company engaged in the business of health clubs, spas, and other physical fitness facilities. The company offers various products and services such as premium, energy, and family clubs, icon fitness, spas, magazines and many more. In addition, it also provides functional training to small groups, health day including personalized coaching, and fitness training with the easy use of all club facilities, as well as group nutrition workshop.

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