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Pinar Sut Mamullerinayii AS (IST:PNSUT) Receivables Turnover : 2.25 (As of Dec. 2023)


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What is Pinar Sut Mamullerinayii AS 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. Pinar Sut Mamullerinayii AS's Revenue for the three months ended in Dec. 2023 was ₺4,689 Mil. Pinar Sut Mamullerinayii AS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺2,084 Mil. Hence, Pinar Sut Mamullerinayii AS's Receivables Turnover for the three months ended in Dec. 2023 was 2.25.


Pinar Sut Mamullerinayii AS Receivables Turnover Historical Data

The historical data trend for Pinar Sut Mamullerinayii AS'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.

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Pinar Sut Mamullerinayii AS Receivables Turnover Chart

Pinar Sut Mamullerinayii AS 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 5.03 4.70 4.18 7.51 5.04

Pinar Sut Mamullerinayii AS 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 3.98 1.02 1.11 1.19 2.25

Competitive Comparison of Pinar Sut Mamullerinayii AS's Receivables Turnover

For the Packaged Foods subindustry, Pinar Sut Mamullerinayii AS'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.


Pinar Sut Mamullerinayii AS's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pinar Sut Mamullerinayii AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pinar Sut Mamullerinayii AS's Receivables Turnover falls into.



Pinar Sut Mamullerinayii AS Receivables Turnover Calculation

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

Pinar Sut Mamullerinayii AS'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 )
=10862.33 / ((2160.905 + 2146.065) / 2 )
=10862.33 / 2153.485
=5.04

Pinar Sut Mamullerinayii AS'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 )
=4688.921 / ((2022.305 + 2146.065) / 2 )
=4688.921 / 2084.185
=2.25

* 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.


Pinar Sut Mamullerinayii AS  (IST:PNSUT) 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.


Pinar Sut Mamullerinayii AS Receivables Turnover Related Terms

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Pinar Sut Mamullerinayii AS (IST:PNSUT) Business Description

Traded in Other Exchanges
N/A
Address
Kemalpasa Caddesi No. 317, Yunus Emre Mahallesi, Bornova, Izmir, TUR, 35060
Pinar Sut Mamulleri Sanayii AS is a Turkey-based company that operates in the packaged food business. The activities of the groups include processing, production, and sale of milk, dairy products, sauces, fruit juice, and powder products. It operates through the Labne, Klasik, Mangal Keyfi, Solen, Cocuk, Kido, and other brands. Geographically activities are conducted through the region of Turkey.

Pinar Sut Mamullerinayii AS (IST:PNSUT) Headlines

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