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Enka Insaat Venayi AS (Enka Insaat Venayi AS) Accounts Receivable : $284 Mil (As of Mar. 2024)


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What is Enka Insaat Venayi AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Enka Insaat Venayi AS's accounts receivables for the quarter that ended in Mar. 2024 was $284 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Enka Insaat Venayi AS's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 43.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Enka Insaat Venayi AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.26.


Enka Insaat Venayi AS Accounts Receivable Historical Data

The historical data trend for Enka Insaat Venayi 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.

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Enka Insaat Venayi AS Accounts Receivable Chart

Enka Insaat Venayi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 257.07 330.62 276.39 313.10 362.16

Enka Insaat Venayi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 278.28 308.56 300.38 362.16 284.21

Enka Insaat Venayi AS Accounts Receivable Calculation

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


Enka Insaat Venayi 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.

Enka Insaat Venayi AS's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=284.211/589.755*91
=43.97

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

Enka Insaat Venayi AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(3259.103+0.75 * 284.211+0.5 * 368.15-2068.694
-0-100.148)/5725.49
=0.26

* 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.


Enka Insaat Venayi AS Accounts Receivable Related Terms

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Enka Insaat Venayi AS (Enka Insaat Venayi AS) Business Description

Traded in Other Exchanges
Address
Balmumcu Mah., Zincirlikuyu Yolu No:10, Enka Binas? Besiktas, Istanbul, TUR, 34349
Enka Insaat Ve Sanayi AS provides a full range of design, engineering, construction, and project management services in various sectors. It creates power plants, production facilities, transportation systems, and other construction projects. If needed, the company will engineer and fabricate structures for installation and modularization. Enka Insaat Ve Sanayi has four operating segments: construction contracts; rental, trade and manufacturing; and energy (the majority of total revenue). Additional revenue is generated from aftermarket support and services, and the company utilizes a mix of traditional engineering disciplines to produce results. The company derives the majority of its revenue from Turkey, but the company does operate in various European nations.

Enka Insaat Venayi AS (Enka Insaat Venayi AS) Headlines

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