Ersu Meyve ve Gidanayi AS (IST:ERSU) Days Sales Outstanding : 23.47 (As of Dec. 2023)

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What is Ersu Meyve ve Gidanayi AS Days Sales Outstanding?

Ersu Meyve ve Gidanayi AS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺9.23 Mil. Ersu Meyve ve Gidanayi AS's Revenue for the three months ended in Dec. 2023 was ₺35.88 Mil. Hence, Ersu Meyve ve Gidanayi AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 23.47.

The historical rank and industry rank for Ersu Meyve ve Gidanayi AS's Days Sales Outstanding or its related term are showing as below:

IST:ERSU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.41 Med: 72.67 Max: 189.78
Current: 28.09

During the past 13 years, Ersu Meyve ve Gidanayi AS's highest Days Sales Outstanding was 189.78. The lowest was 5.41. And the median was 72.67.

IST:ERSU's Days Sales Outstanding is ranked better than
67.12% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs IST:ERSU: 28.09

Ersu Meyve ve Gidanayi AS's Days Sales Outstanding increased from Dec. 2022 (1.95) to Dec. 2023 (23.47).

Ersu Meyve ve Gidanayi AS Days Sales Outstanding Historical Data

The historical data trend for Ersu Meyve ve Gidanayi AS's Days Sales Outstanding 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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Ersu Meyve ve Gidanayi AS Days Sales Outstanding Chart

Ersu Meyve ve Gidanayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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189.78

102.43

34.85

5.41

28.88

Ersu Meyve ve Gidanayi AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															1.95	21.85	24.74	45.09	23.47

Competitive Comparison of Ersu Meyve ve Gidanayi AS's Days Sales Outstanding

For the Packaged Foods subindustry, Ersu Meyve ve Gidanayi AS's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Ersu Meyve ve Gidanayi AS's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ersu Meyve ve Gidanayi AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ersu Meyve ve Gidanayi AS's Days Sales Outstanding falls into.

Ersu Meyve ve Gidanayi AS Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Ersu Meyve ve Gidanayi AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.333	+	9.489)	/	2 )	/	81.034	*	365
=	6.411					/	81.034	*	365
=	28.88

Ersu Meyve ve Gidanayi AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (8.972	+	9.489)	/	2 )	/	35.883	*	365 / 4
=	9.2305					/	35.883	*	365 / 4
=	23.47

Ersu Meyve ve Gidanayi AS (IST:ERSU) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Ersu Meyve ve Gidanayi AS Days Sales Outstanding Related Terms

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Ersu Meyve ve Gidanayi AS (IST:ERSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ersu Meyve ve Gida Sanayi AS (IST:ERSU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

DSI Regulator Cad. Number 1, Eregli, Konya, TUR, 42310

Website

http://www.ersu.com.tr

Ersu Meyve ve Gida Sanayi AS is engaged in manufacturing concentrate and pulp juices in Turkey. The product offerings of the company include Pear juice concentrate, Quince juice concentrate, Blackberry juice concentrate, Apple juice concentrate, Pear puree, Strawberry puree, and Tomato Paste among others.

Ersu Meyve ve Gidanayi AS (IST:ERSU) Headlines

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