Clal Insurance Enterprises Holdings (XTAE:CLIS) Change In Receivables : ₪241 Mil (TTM As of Mar. 2024)

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What is Clal Insurance Enterprises Holdings Change In Receivables?

Clal Insurance Enterprises Holdings's change in receivables for the quarter that ended in Mar. 2024 was ₪249 Mil. It means Clal Insurance Enterprises Holdings's Accounts Receivable declined by ₪249 Mil from Dec. 2023 to Mar. 2024 .

Clal Insurance Enterprises Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was ₪0 Mil. It means Clal Insurance Enterprises Holdings's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Clal Insurance Enterprises Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was ₪17,794 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. Clal Insurance Enterprises Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 215.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Clal Insurance Enterprises Holdings's liquidation value for the three months ended in Mar. 2024 was ₪-135,345 Mil.

Clal Insurance Enterprises Holdings Change In Receivables Historical Data

The historical data trend for Clal Insurance Enterprises 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.

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Clal Insurance Enterprises Holdings Change In Receivables Chart

Clal Insurance Enterprises Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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617.78

220.31

4.29

-2,869.02

Clal Insurance Enterprises Holdings 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															11.00	678.00	-686.00	-	249.00

Clal Insurance Enterprises 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪241 Mil.

Clal Insurance Enterprises Holdings (XTAE:CLIS) 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.

Clal Insurance Enterprises Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	17794	/	7536	*	91
=	215.46

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

Clal Insurance Enterprises Holdings'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)
=	7258	-	155948	+	0.75 * 17794	+	0.5 * 0
=	-135,345

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Clal Insurance Enterprises Holdings (XTAE:CLIS) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Clal Insurance Enterprises Holdings Ltd (XTAE:CLIS) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

36 Raul Wallenberg Road, Kiryat Atidim, Tower 8, Tel Aviv, ISR, 6136902

Website

https://www.clalbit.co.il

Clal Insurance Enterprises Holdings Ltd is an insurance company, part of IDB Group, a conglomerate from Israel. Its lines of business are: Nonlife insurance, Health insurance, Pensions, and provident funds for private and corporate clients. Clal insurance divisions are: nonlife insurance, long-term savings, and health. The nonlife insurance division offers automotive, property, personal accidents, guarantees, liability, and marine insurance, among others. The life insurance and long-term savings division manages long-term assets, such as life insurance, pensions, and funds. The health insurance division consists of health insurance products, such as local and overseas surgeries, transplants, medications, critical illness, long-term care, and accidents. The company's main market is Israel.