GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) » Definitions » Accounts Receivable

Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Accounts Receivable : ₺28.5 Mil (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Adra Gayrimenkul Yatirim Ortakligi AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Adra Gayrimenkul Yatirim Ortakligi AS's accounts receivables for the quarter that ended in Sep. 2023 was ₺28.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Adra Gayrimenkul Yatirim Ortakligi AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 17.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Adra Gayrimenkul Yatirim Ortakligi AS's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₺7.59.


Adra Gayrimenkul Yatirim Ortakligi AS Accounts Receivable Historical Data

The historical data trend for Adra Gayrimenkul Yatirim Ortakligi AS's Accounts Receivable 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.

Adra Gayrimenkul Yatirim Ortakligi AS Accounts Receivable Chart

Adra Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
- 3.97 9.33

Adra Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial - - 9.33 9.36 28.52

Adra Gayrimenkul Yatirim Ortakligi AS Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Adra Gayrimenkul Yatirim Ortakligi AS Accounts Receivable 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 receivables are being managed.

Adra Gayrimenkul Yatirim Ortakligi AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28.517/146.316*91
=17.78

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Adra Gayrimenkul Yatirim Ortakligi AS's accounts receivable are only considered to be worth 75% of book value:

Adra Gayrimenkul Yatirim Ortakligi AS's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1917.897+0.75 * 28.517+0.5 * 653.902-36.264
-0-0)/293.7
=7.59

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Adra Gayrimenkul Yatirim Ortakligi AS Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Adra Gayrimenkul Yatirim Ortakligi AS's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Caybasi Mahallesi Aydin, Cad No:51A Torbali, Izmir, TUR
Adra Gayrimenkul Yatirim Ortakligi AS is a Turkey company based providing real estate services. The company has undertaken projects which are Adra Yali, Adra Yasam, Adra Edremit..

Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Headlines

No Headlines