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Creditwest Faktoring AS (IST:CRDFA) Receivables Turnover : 0.00 (As of Mar. 2024)


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What is Creditwest Faktoring 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. Creditwest Faktoring AS's Revenue for the three months ended in Mar. 2024 was ₺130.1 Mil. Creditwest Faktoring AS's average Accounts Receivable for the three months ended in Mar. 2024 was ₺0.0 Mil.


Creditwest Faktoring AS Receivables Turnover Historical Data

The historical data trend for Creditwest Faktoring 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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Creditwest Faktoring AS Receivables Turnover Chart

Creditwest Faktoring 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 8.70 6.13 10.74 17.68 38.45

Creditwest Faktoring AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.07 8.06 11.83 15.80 -

Competitive Comparison of Creditwest Faktoring AS's Receivables Turnover

For the Credit Services subindustry, Creditwest Faktoring 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.


Creditwest Faktoring AS's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Creditwest Faktoring AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Creditwest Faktoring AS's Receivables Turnover falls into.



Creditwest Faktoring AS Receivables Turnover Calculation

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

Creditwest Faktoring 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 )
=309.79 / ((8.056 + 0) / 1 )
=309.79 / 8.056
=38.45

Creditwest Faktoring AS's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=130.127 / ((0 + 0) / 1 )
=130.127 / 0
=N/A

* 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.


Creditwest Faktoring AS  (IST:CRDFA) 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.


Creditwest Faktoring AS Receivables Turnover Related Terms

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Creditwest Faktoring AS (IST:CRDFA) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere cad No 108, Enka Binasi Esentepe, Istanbul, TUR, 34394
Creditwest Faktoring AS is a Turkish company which engages in the factoring activities regarding domestic and international transactions. It offers various types of factoring services, such as domestic, import and export, which are used in a range of sectors. The company also provides credit management, revenue management, and cash management.

Creditwest Faktoring AS (IST:CRDFA) Headlines

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