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Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Accounts Receivable : ₺141 Mil (As of Jun. 2023)


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What is Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's accounts receivables for the quarter that ended in Jun. 2023 was ₺141 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 40.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₺-18.18.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Accounts Receivable Historical Data

The historical data trend for Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut 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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Accounts Receivable Chart

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.12 55.12 63.69 195.63 223.88

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 79.04 195.63 120.35 141.12 223.88

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Accounts Receivable Calculation

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


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut 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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=141.117/317.805*91
=40.52

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's accounts receivable are only considered to be worth 75% of book value:

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(46.611+0.75 * 141.117+0.5 * 73.304-793.099
-0-50.404)/36.000
=-18.18

* 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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Accounts Receivable Related Terms

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Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Business Description

Traded in Other Exchanges
N/A
Address
General Doktor Tevfik Sa?lam Caddesi No: 119 Etlik-Keçiören, Ankara, TUR, 06010
Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS is engaged in operation of hospitals. Its activities include emergency service, neurosurgery, dietetic, gynecology, rehabilitation, urology, orthopedics and cardiology services.

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