Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Days Sales Outstanding

: 82.74 (As of Sep. 2023)

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Zorlu Enerji Elektrik Uretim AS's average Accounts Receivable for the three months ended in Sep. 2023 was ₺6,959 Mil. Zorlu Enerji Elektrik Uretim AS's Revenue for the three months ended in Sep. 2023 was ₺7,675 Mil. Hence, Zorlu Enerji Elektrik Uretim AS's Days Sales Outstanding for the three months ended in Sep. 2023 was 82.74.

The historical rank and industry rank for Zorlu Enerji Elektrik Uretim AS's Days Sales Outstanding or its related term are showing as below:

IST:ZOREN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.6 Med: 50.69 Max: 73.03
Current: 73.03

During the past 13 years, Zorlu Enerji Elektrik Uretim AS's highest Days Sales Outstanding was 73.03. The lowest was 26.60. And the median was 50.69.

IST:ZOREN's Days Sales Outstanding is ranked worse than
69.37% of 506 companies
in the Utilities - Regulated industry
Industry Median: 52.73 vs IST:ZOREN: 73.03

Zorlu Enerji Elektrik Uretim AS's Days Sales Outstanding increased from Sep. 2022 (58.50) to Sep. 2023 (82.74).

Zorlu Enerji Elektrik Uretim AS Days Sales Outstanding Historical Data

The historical data trend for Zorlu Enerji Elektrik Uretim 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.

* Premium members only.

Zorlu Enerji Elektrik Uretim AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

35.30

38.85

52.00

66.99

60.02

Zorlu Enerji Elektrik Uretim AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding																58.50	57.23	70.82	92.24	82.74

Competitive Comparison

For the Utilities - Diversified subindustry, Zorlu Enerji Elektrik Uretim 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.

Zorlu Enerji Elektrik Uretim AS Days Sales Outstanding Distribution

For the Utilities - Regulated industry and Utilities sector, Zorlu Enerji Elektrik Uretim AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zorlu Enerji Elektrik Uretim AS's Days Sales Outstanding falls into.

Zorlu Enerji Elektrik Uretim 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.

Zorlu Enerji Elektrik Uretim AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (2846.527	+	7041.88)	/	2 )	/	30067.398	*	365
=	4944.2035					/	30067.398	*	365
=	60.02

Zorlu Enerji Elektrik Uretim AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (6647.446	+	7270.957)	/	2 )	/	7674.727	*	365 / 4
=	6959.2015					/	7674.727	*	365 / 4
=	82.74

Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Days Sales Outstanding Explanation

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

Zorlu Enerji Elektrik Uretim AS Days Sales Outstanding Related Terms

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Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Caddesi, No: 199, Levent 199, Istanbul, TUR, 34394

Website

http://www.zoren.com.tr

Zorlu Enerji Elektrik Ueretimi AS together with its subsidiaries is engaged in establishing, renting and operating facilities of electrical energy production plant, producing electricity and trading electricity to the customers.

Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Headlines

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