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Y.H.Dimri Building & Development (XTAE:DIMRI) Receivables Turnover : 1.88 (As of Mar. 2024)


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What is Y.H.Dimri Building & Development 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. Y.H.Dimri Building & Development's Revenue for the three months ended in Mar. 2024 was ₪568 Mil. Y.H.Dimri Building & Development's average Accounts Receivable for the three months ended in Mar. 2024 was ₪302 Mil. Hence, Y.H.Dimri Building & Development's Receivables Turnover for the three months ended in Mar. 2024 was 1.88.


Y.H.Dimri Building & Development Receivables Turnover Historical Data

The historical data trend for Y.H.Dimri Building & Development'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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Y.H.Dimri Building & Development Receivables Turnover Chart

Y.H.Dimri Building & Development 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 8.63 10.57 14.11 15.82 17.20

Y.H.Dimri Building & Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 2.02 1.27 0.91 1.30 1.88

Competitive Comparison of Y.H.Dimri Building & Development's Receivables Turnover

For the Residential Construction subindustry, Y.H.Dimri Building & Development'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.


Y.H.Dimri Building & Development's Receivables Turnover Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Y.H.Dimri Building & Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Y.H.Dimri Building & Development's Receivables Turnover falls into.



Y.H.Dimri Building & Development Receivables Turnover Calculation

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

Y.H.Dimri Building & Development'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 )
=1355.237 / ((85.725 + 71.883) / 2 )
=1355.237 / 78.804
=17.20

Y.H.Dimri Building & Development'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 )
=567.631 / ((71.883 + 532.45) / 2 )
=567.631 / 302.1665
=1.88

* 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.


Y.H.Dimri Building & Development  (XTAE:DIMRI) 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.


Y.H.Dimri Building & Development Receivables Turnover Related Terms

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Y.H.Dimri Building & Development (XTAE:DIMRI) Business Description

Traded in Other Exchanges
N/A
Address
1 Jerusalem Street, Netivot, ISR, 80200
Y.H.Dimri Building & Development Ltd is engaged in the construction and marketing residential projects. It also builds and markets commercial, industrial, resort, as well as mixed-use properties. It has projects in cities such as Petah tikva, Bat yam, Jerusalem, Ashdod, Kiryat gat, Ashkelon. It also operates abroad in Romania and Czech republic.

Y.H.Dimri Building & Development (XTAE:DIMRI) Headlines

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