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Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) Receivables Turnover : 3.10 (As of Dec. 2023)


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What is Aciselsan Acipayam Seluloznayi ve Ticaret A S Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Aciselsan Acipayam Seluloznayi ve Ticaret A S's Revenue for the three months ended in Dec. 2023 was ₺197.3 Mil. Aciselsan Acipayam Seluloznayi ve Ticaret A S's average Accounts Receivable for the three months ended in Dec. 2023 was ₺63.6 Mil. Hence, Aciselsan Acipayam Seluloznayi ve Ticaret A S's Receivables Turnover for the three months ended in Dec. 2023 was 3.10.


Aciselsan Acipayam Seluloznayi ve Ticaret A S Receivables Turnover Historical Data

The historical data trend for Aciselsan Acipayam Seluloznayi ve Ticaret A S's Receivables Turnover 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.

Aciselsan Acipayam Seluloznayi ve Ticaret A S Receivables Turnover Chart

Aciselsan Acipayam Seluloznayi ve Ticaret A S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.39 5.75 5.58 17.38 7.65

Aciselsan Acipayam Seluloznayi ve Ticaret A S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover 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 11.07 1.86 1.51 1.55 3.10

Competitive Comparison of Aciselsan Acipayam Seluloznayi ve Ticaret A S's Receivables Turnover

For the Chemicals subindustry, Aciselsan Acipayam Seluloznayi ve Ticaret A S's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Aciselsan Acipayam Seluloznayi ve Ticaret A S's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Aciselsan Acipayam Seluloznayi ve Ticaret A S's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aciselsan Acipayam Seluloznayi ve Ticaret A S's Receivables Turnover falls into.



Aciselsan Acipayam Seluloznayi ve Ticaret A S Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Aciselsan Acipayam Seluloznayi ve Ticaret A S's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=446.629 / ((43.406 + 73.393) / 2 )
=446.629 / 58.3995
=7.65

Aciselsan Acipayam Seluloznayi ve Ticaret A S's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=197.299 / ((53.712 + 73.393) / 2 )
=197.299 / 63.5525
=3.10

* 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.


Aciselsan Acipayam Seluloznayi ve Ticaret A S  (IST:ACSEL) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Aciselsan Acipayam Seluloznayi ve Ticaret A S Receivables Turnover Related Terms

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Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) Business Description

Traded in Other Exchanges
N/A
Address
Aciselsan Caddesi No:25, Asagi Mahallesi, Acipayam, Denizli, TUR, 20800
Aciselsan Acipayam Seluloz Sanayi ve Ticaret A S is engaged in the production of carboxymethyl cellulose in Turkey. Its products are used in a wide range of areas such as detergent, paint, wallpaper glue, paper and paperboard, textiles, oil drilling muds, ceramics, foodstuffs, cosmetics, and pharmaceutical industries.

Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) Headlines

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