Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Days Sales Outstanding : 25.84 (As of Sep. 2023)

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What is Kartonsan Kartonnayi ve Ticaret AS Days Sales Outstanding?

Kartonsan Kartonnayi ve Ticaret AS's average Accounts Receivable for the three months ended in Sep. 2023 was ₺170 Mil. Kartonsan Kartonnayi ve Ticaret AS's Revenue for the three months ended in Sep. 2023 was ₺601 Mil. Hence, Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Sep. 2023 was 25.84.

The historical rank and industry rank for Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding or its related term are showing as below:

IST:KARTN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.55 Med: 36.68 Max: 54.85
Current: 29.9

During the past 13 years, Kartonsan Kartonnayi ve Ticaret AS's highest Days Sales Outstanding was 54.85. The lowest was 20.55. And the median was 36.68.

IST:KARTN's Days Sales Outstanding is ranked better than
94.2% of 379 companies
in the Packaging & Containers industry
Industry Median: 69.89 vs IST:KARTN: 29.90

Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding declined from Sep. 2022 (29.10) to Sep. 2023 (25.84).

Kartonsan Kartonnayi ve Ticaret AS Days Sales Outstanding Historical Data

The historical data trend for Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding 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.

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Kartonsan Kartonnayi ve Ticaret AS Days Sales Outstanding Chart

Kartonsan Kartonnayi ve Ticaret AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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34.81

31.53

31.45

30.63

20.55

Kartonsan Kartonnayi ve Ticaret AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															29.10	24.80	40.03	28.19	25.84

Competitive Comparison of Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding

For the Packaging & Containers subindustry, Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding falls into.

Kartonsan Kartonnayi ve Ticaret AS Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (174.156	+	204.725)	/	2 )	/	3364.357	*	365
=	189.4405					/	3364.357	*	365
=	20.55

Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (145.001	+	195.386)	/	2 )	/	601.047	*	365 / 4
=	170.1935					/	601.047	*	365 / 4
=	25.84

Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Kartonsan Kartonnayi ve Ticaret AS Days Sales Outstanding Related Terms

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Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kartonsan Karton Sanayi ve Ticaret AS (IST:KARTN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prof. Dr. Bulent Tarcan Caddesi, No: 5 Pak Is Merkezi, Kat: 3, Gayrettepe, Istanbul, TUR, 34349

Website

https://www.kartonsan.com

Kartonsan Karton Sanayi ve Ticaret AS is a Turkey-based company engaged in producing and trading of coated cardboard from recycled paper. Business activity of the group is operated through Ukraine, Bulgaria, Spain, Greece, Portugal, and Italy. Its portfolio includes product such as Normprint, Exprint and Luxtriplex, Normprint is multi-coated grey-backside cardboard with a blade top coat, which is used as a packaging material; Exprint, used in all types of packaging and detailed graphic printing and Luxtriplex, multi-coated cardboard with white backside which is ideal for all types of packaging, especially for food, cosmetics, pharmaceuticals. Kartonsan derives revenue through the sale of the products.

Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Headlines

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