Izmir Fircanayi ve Ticaret AS (IST:IZFAS) Change In Receivables : ₺-30.8 Mil (TTM As of Dec. 2023)

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What is Izmir Fircanayi ve Ticaret AS Change In Receivables?

Izmir Fircanayi ve Ticaret AS's change in receivables for the quarter that ended in Dec. 2023 was ₺14.5 Mil. It means Izmir Fircanayi ve Ticaret AS's Accounts Receivable declined by ₺14.5 Mil from Sep. 2023 to Dec. 2023 .

Izmir Fircanayi ve Ticaret AS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺-30.7 Mil. It means Izmir Fircanayi ve Ticaret AS's Accounts Receivable increased by ₺30.7 Mil from Dec. 2022 to Dec. 2023 .

Izmir Fircanayi ve Ticaret AS's Accounts Receivable for the quarter that ended in Dec. 2023 was ₺33.0 Mil.

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 Receivable are being managed. Izmir Fircanayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Izmir Fircanayi ve Ticaret AS's liquidation value for the three months ended in Dec. 2023 was ₺-56.8 Mil.

Izmir Fircanayi ve Ticaret AS Change In Receivables Historical Data

The historical data trend for Izmir Fircanayi ve Ticaret AS's Change In Receivables 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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Izmir Fircanayi ve Ticaret AS Change In Receivables Chart

Izmir Fircanayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.74

-4.71

-16.80

-26.79

-30.75

Izmir Fircanayi ve Ticaret AS Quarterly Data
	Sep14	Dec14	Jun15	Sep15	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-13.41	-16.02	-14.28	-14.98	14.53

Izmir Fircanayi ve Ticaret AS Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-30.8 Mil.

Izmir Fircanayi ve Ticaret AS (IST:IZFAS) Change In Receivables 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 Receivable are being managed.

Izmir Fircanayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	32.954	/	131.643	*	91
=	22.84

2. In Ben Graham's calculation of liquidation value, Izmir Fircanayi ve Ticaret AS's accounts receivable are only considered to be worth 75% of book value:

Izmir Fircanayi ve Ticaret AS's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.191	-	106.798	+	0.75 * 32.954	+	0.5 * 46.093
=	-56.8

Izmir Fircanayi ve Ticaret AS Change In Receivables Related Terms

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Izmir Fircanayi ve Ticaret AS (IST:IZFAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Izmir Firca Sanayi ve Ticaret AS (IST:IZFAS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

10006. Sokak, No: 18 AOSB ZIP, Karsiyaka, Istanbul, TUR, 35620

Website

http://www.izmirfirca.com.tr

Izmir Firca Sanayi ve Ticaret A.S. provides products used in construction and cleaning the area for domestic and international market. The Company's products include bucket, cloth, stairs, brush, roll, garden cleaner and skerkel paint brush.

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