GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Akfen Yenilenebilir Enerji (IST:AKFYE) » Definitions » Accounts Receivable

Akfen Yenilenebilir Enerji (IST:AKFYE) Accounts Receivable : ₺468 Mil (As of Dec. 2023)


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

What is Akfen Yenilenebilir Enerji Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Akfen Yenilenebilir Enerji's accounts receivables for the quarter that ended in Dec. 2023 was ₺468 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Akfen Yenilenebilir Enerji's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 22.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Akfen Yenilenebilir Enerji's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-13.53.


Akfen Yenilenebilir Enerji Accounts Receivable Historical Data

The historical data trend for Akfen Yenilenebilir Enerji'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.

Akfen Yenilenebilir Enerji Accounts Receivable Chart

Akfen Yenilenebilir Enerji Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
51.07 100.91 206.70 743.42 467.67

Akfen Yenilenebilir Enerji Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 743.42 388.98 348.90 330.66 467.67

Akfen Yenilenebilir Enerji Accounts Receivable Calculation

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


Akfen Yenilenebilir Enerji 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.

Akfen Yenilenebilir Enerji's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=467.668/1907.188*91
=22.38

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Akfen Yenilenebilir Enerji's accounts receivable are only considered to be worth 75% of book value:

Akfen Yenilenebilir Enerji's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(100.874+0.75 * 467.668+0.5 * 1.131-14147.445
-0-55.891)/1016.03
=-13.53

* 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.


Akfen Yenilenebilir Enerji Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Akfen Yenilenebilir Enerji's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Akfen Yenilenebilir Enerji (IST:AKFYE) Business Description

Traded in Other Exchanges
N/A
Address
Turan Gunes Bulvar? Galip Erdem Caddesi, No:3, Ilkbahar Mahallesi, Cankaya, Ankara, TUR
Akfen Yenilenebilir Enerji operates as a renewable energy company. The company generates and trades electricity through renewable energy power plants such as hydroelectric power plant facilities, Solar Power Plants, and Wind Power Plants.

Akfen Yenilenebilir Enerji (IST:AKFYE) Headlines

No Headlines