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Ari Real Estate (Arena) Investment (XTAE:ARIN) Receivables Turnover : 2.62 (As of Mar. 2024)


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What is Ari Real Estate (Arena) Investment Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Ari Real Estate (Arena) Investment's Revenue for the three months ended in Mar. 2024 was ₪25.2 Mil. Ari Real Estate (Arena) Investment's average Accounts Receivable for the three months ended in Mar. 2024 was ₪9.6 Mil. Hence, Ari Real Estate (Arena) Investment's Receivables Turnover for the three months ended in Mar. 2024 was 2.62.


Ari Real Estate (Arena) Investment Receivables Turnover Historical Data

The historical data trend for Ari Real Estate (Arena) Investment's Receivables Turnover 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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Ari Real Estate (Arena) Investment Receivables Turnover Chart

Ari Real Estate (Arena) Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.25 9.13 8.66 11.85 11.79

Ari Real Estate (Arena) Investment Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover 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 3.67 3.52 3.66 2.60 2.62

Competitive Comparison of Ari Real Estate (Arena) Investment's Receivables Turnover

For the Real Estate Services subindustry, Ari Real Estate (Arena) Investment's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ari Real Estate (Arena) Investment's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ari Real Estate (Arena) Investment's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ari Real Estate (Arena) Investment's Receivables Turnover falls into.



Ari Real Estate (Arena) Investment Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Ari Real Estate (Arena) Investment's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=101.334 / ((6.438 + 10.752) / 2 )
=101.334 / 8.595
=11.79

Ari Real Estate (Arena) Investment's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=25.239 / ((10.752 + 8.542) / 2 )
=25.239 / 9.647
=2.62

* 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.


Ari Real Estate (Arena) Investment  (XTAE:ARIN) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Ari Real Estate (Arena) Investment Receivables Turnover Related Terms

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Ari Real Estate (Arena) Investment (XTAE:ARIN) Business Description

Traded in Other Exchanges
N/A
Address
47 Zabotinsky Street, Ashdod, ISR, 77219
Website
Ari Real Estate (Arena) Investment Ltd formerly Arena Star Group Ltd is engaged in owning, investing & developing real estate properties.

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