Amir Marketing & Investments In Agriculture (XTAE:AMRK) Change In Receivables : ₪42 Mil (TTM As of Mar. 2024)

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What is Amir Marketing & Investments In Agriculture Change In Receivables?

Amir Marketing & Investments In Agriculture's change in receivables for the quarter that ended in Mar. 2024 was ₪36 Mil. It means Amir Marketing & Investments In Agriculture's Accounts Receivable declined by ₪36 Mil from Dec. 2023 to Mar. 2024 .

Amir Marketing & Investments In Agriculture's change in receivables for the fiscal year that ended in Dec. 2023 was ₪32 Mil. It means Amir Marketing & Investments In Agriculture's Accounts Receivable declined by ₪32 Mil from Dec. 2022 to Dec. 2023 .

Amir Marketing & Investments In Agriculture's Accounts Receivable for the quarter that ended in Mar. 2024 was ₪489 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. Amir Marketing & Investments In Agriculture's Days Sales Outstanding for the three months ended in Mar. 2024 was 159.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Amir Marketing & Investments In Agriculture's liquidation value for the three months ended in Mar. 2024 was ₪-56 Mil.

Amir Marketing & Investments In Agriculture Change In Receivables Historical Data

The historical data trend for Amir Marketing & Investments In Agriculture'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.

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Amir Marketing & Investments In Agriculture Change In Receivables Chart

Amir Marketing & Investments In Agriculture Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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35.21

-11.12

-78.32

-66.83

31.56

Amir Marketing & Investments In Agriculture Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															25.92	-60.51	15.55	50.59	36.09

Amir Marketing & Investments In Agriculture 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪42 Mil.

Amir Marketing & Investments In Agriculture (XTAE:AMRK) 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.

Amir Marketing & Investments In Agriculture's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	489.071	/	278.964	*	91
=	159.98

2. In Ben Graham's calculation of liquidation value, Amir Marketing & Investments In Agriculture's accounts receivable are only considered to be worth 75% of book value:

Amir Marketing & Investments In Agriculture's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	30.947	-	518.728	+	0.75 * 489.071	+	0.5 * 130.394
=	-56

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Amir Marketing & Investments In Agriculture (XTAE:AMRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Amir Marketing & Investments In Agriculture Ltd (XTAE:AMRK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Emek Hefer Industrial Park, Deer creek, Hefer, ISR, 38777

Website

http://www.amir-agricul.co.il

Amir Marketing & Investments In Agriculture Ltd markets and supplies agricultural products such as pesticides, insecticide, fertilizers, packages, technical equipment's, covers for the hothouses, pruning shears & other tools and irrigation equipment's. The company is also engaged in food mixtures for animals goats, sheeps, chickens, goose and more. Approximately 60% of the company's clients is private farmers and others are traders and private company.