Foresight Autonomous Holdings (XTAE:FRSX) Change In Receivables : ₪-2.16 Mil (TTM As of Mar. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Foresight Autonomous Holdings Change In Receivables?

Foresight Autonomous Holdings's change in receivables for the quarter that ended in Mar. 2024 was ₪-0.34 Mil. It means Foresight Autonomous Holdings's Accounts Receivable increased by ₪0.34 Mil from Dec. 2023 to Mar. 2024 .

Foresight Autonomous Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was ₪-1.15 Mil. It means Foresight Autonomous Holdings's Accounts Receivable increased by ₪1.15 Mil from Dec. 2022 to Dec. 2023 .

Foresight Autonomous Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was ₪0.90 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. Foresight Autonomous Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 217.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Foresight Autonomous Holdings's liquidation value for the three months ended in Mar. 2024 was ₪41.17 Mil.

Foresight Autonomous Holdings Change In Receivables Historical Data

The historical data trend for Foresight Autonomous 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.

* Premium members only.

Foresight Autonomous Holdings Change In Receivables Chart

Foresight Autonomous Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-1.15

Foresight Autonomous 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															0.66	0.69	-0.26	-2.25	-0.34

Foresight Autonomous 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 ₪-2.16 Mil.

Foresight Autonomous Holdings (XTAE:FRSX) 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.

Foresight Autonomous 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
=	0.899	/	0.377	*	91
=	217.60

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

Foresight Autonomous 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)
=	55.164	-	14.667	+	0.75 * 0.899	+	0.5 * 0
=	41.17

Foresight Autonomous Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of Foresight Autonomous Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Foresight Autonomous Holdings (XTAE:FRSX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Foresight Autonomous Holdings Ltd (XTAE:FRSX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

FRSX:USA

Address

7 Golda Meir Street, Weizmann Science Park, Ness Ziona, ISR, 7403650

Website

https://www.foresightauto.com

Foresight Autonomous Holdings Ltd is a technology company engaged in the design, development and commercialization of vision systems for the automotive industry. The company develops both in-line-of-sight vision systems and beyond-line-of-sight cellular-based applications through its wholly-owned subsidiaries. Its systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is pursuing several markets and believes its advanced systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform.