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Eldav Investments (XTAE:ELDAV-M) Receivables Turnover : 8.48 (As of Dec. 2024)


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What is Eldav Investments 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. Eldav Investments's Revenue for the six months ended in Dec. 2024 was ₪3.33 Mil. Eldav Investments's average Accounts Receivable for the six months ended in Dec. 2024 was ₪0.39 Mil. Hence, Eldav Investments's Receivables Turnover for the six months ended in Dec. 2024 was 8.48.


Eldav Investments Receivables Turnover Historical Data

The historical data trend for Eldav Investments'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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Eldav Investments Receivables Turnover Chart

Eldav Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 0.02 0.05 - - 5.09

Eldav Investments Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.18 0.11 3.23 - 8.48

Competitive Comparison of Eldav Investments's Receivables Turnover

For the Asset Management subindustry, Eldav Investments'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.


Eldav Investments's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eldav Investments's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Eldav Investments's Receivables Turnover falls into.


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Eldav Investments Receivables Turnover Calculation

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

Eldav Investments's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=3.333 / ((0 + 0.655) / 1 )
=3.333 / 0.655
=5.09

Eldav Investments's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=3.333 / ((0.131 + 0.655) / 2 )
=3.333 / 0.393
=8.48

* 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.


Eldav Investments  (XTAE:ELDAV-M) 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.


Eldav Investments Receivables Turnover Related Terms

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Eldav Investments Business Description

Traded in Other Exchanges
N/A
Address
Ahad Ha'am 48, Tel Aviv, ISR, 65202
Eldav Investments Ltd is an investment company. It invests in industrial, service, & commercial companies. Through its investments in various companies, it provides historical financial information to institutions & investors, relating to legal, taxation, & land registration. It provides information security and cyber security consulting services.

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