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Pinar Entegre ET ve Unnayi AS (IST:PETUN) Accounts Receivable : ₺773 Mil (As of Sep. 2023)


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What is Pinar Entegre ET ve Unnayi AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pinar Entegre ET ve Unnayi AS's accounts receivables for the quarter that ended in Sep. 2023 was ₺773 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pinar Entegre ET ve Unnayi AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 58.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pinar Entegre ET ve Unnayi AS's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₺-18.51.


Pinar Entegre ET ve Unnayi AS Accounts Receivable Historical Data

The historical data trend for Pinar Entegre ET ve Unnayi 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.

Pinar Entegre ET ve Unnayi AS Accounts Receivable Chart

Pinar Entegre ET ve Unnayi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.85 117.37 159.74 206.67 385.48

Pinar Entegre ET ve Unnayi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 430.79 385.48 485.37 631.27 772.62

Pinar Entegre ET ve Unnayi AS Accounts Receivable Calculation

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


Pinar Entegre ET ve Unnayi 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.

Pinar Entegre ET ve Unnayi 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
=772.621/1215.315*91
=58.01

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Pinar Entegre ET ve Unnayi AS's accounts receivable are only considered to be worth 75% of book value:

Pinar Entegre ET ve Unnayi 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)
=(75.035+0.75 * 772.621+0.5 * 467.102-1690.183
-0-0)/43.335
=-18.51

* 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.


Pinar Entegre ET ve Unnayi AS Accounts Receivable Related Terms

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Pinar Entegre ET ve Unnayi AS (IST:PETUN) Business Description

Traded in Other Exchanges
N/A
Address
Ankara Asfalt? 25. Km, Kemalpasa, ?zmir, TUR, 35170
Pinar Entegre ET ve Un Sanayi AS is engaged in the production of meat and by-products of cattle, sheep, poultry and fish, frozen dough and packaged food. Its brand profile includes Pinar Kido, Pinar Çocuk, Pinar Doyum, Pinar Breakfast Pleasure, Pinar Pizzatto, Pinar Go, Pinar Classic, Pinar Grill Fun and others. Along with it the company also focuses on education, sports, and art.

Pinar Entegre ET ve Unnayi AS (IST:PETUN) Headlines

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