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Phoenix Holdings (XTAE:PHOE) Change In Receivables : ₪-566 Mil (TTM As of Dec. 2023)


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What is Phoenix Holdings Change In Receivables?

Phoenix Holdings's change in receivables for the quarter that ended in Dec. 2023 was ₪-140 Mil. It means Phoenix Holdings's Accounts Receivable increased by ₪140 Mil from Sep. 2023 to Dec. 2023 .

Phoenix Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was ₪-566 Mil. It means Phoenix Holdings's Accounts Receivable increased by ₪566 Mil from Dec. 2022 to Dec. 2023 .

Phoenix Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was ₪2,045 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. Phoenix Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Phoenix Holdings's liquidation value for the three months ended in Dec. 2023 was ₪-114,335 Mil.


Phoenix Holdings Change In Receivables Historical Data

The historical data trend for Phoenix Holdings'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.

* Premium members only.

Phoenix Holdings Change In Receivables Chart

Phoenix Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -151.56 28.33 -219.22 -123.46 -565.94

Phoenix Holdings 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 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 32.53 -540.37 90.42 24.02 -140.01

Phoenix Holdings 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 ₪-566 Mil.

* 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.


Phoenix Holdings  (XTAE:PHOE) 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.

Phoenix Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2045.387/7143.046*91
=26.13

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

Phoenix Holdings'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)
=33030.927-148899.697+0.75 * 2045.387+0.5 * 0
=-114,335

* 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.


Phoenix Holdings Change In Receivables Related Terms

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Phoenix Holdings (XTAE:PHOE) Business Description

Traded in Other Exchanges
N/A
Address
53 Derech Hashalom Street, Givatayim, ISR
Phoenix Holdings Ltd provides various insurance products in Israel. The company's segment includes Life insurance and savings; Health; Property and casualty insurance; Pension and provident; Financial services; Insurance agencies and Credit. It generates maximum revenue from the Life insurance and savings segments.

Phoenix Holdings (XTAE:PHOE) Headlines

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