Trade Receivables, Net

12 Months Ended

Dec. 31, 2024

Trade Receivables, Net [Abstract]

Trade receivables, net

Note 5 - Trade receivables, net

A. Composition:

	As of December 31,
	2024		2023
Current:
Open balances		1,105		702
Unbilled		516		352
		1,621		1,054
Non-current:
Open balances		106		233
Unbilled		698		818
		804		1,051

B. Trade receivables are generally non-interest bearing When the payments schedule provides the customer with a significant benefit of financing (i.e. when the period between the transfer of the promised good or service and the payment is over one year) the transaction price is discounted, using an interest rate that represents the applicable risk rate of the customers (7.5%).

The average credit period of trade receivables, after deducting advance payments from customers is 526 days.

For details regarding credit risk, see Note 19B below.