Turk Hava Yollari AO (Turk Hava Yollari AO) Days Sales Outstanding

: 33.25 (As of Dec. 2023)

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Turk Hava Yollari AO's average Accounts Receivable for the three months ended in Dec. 2023 was $874 Mil. Turk Hava Yollari AO's Revenue for the three months ended in Dec. 2023 was $2,399 Mil. Hence, Turk Hava Yollari AO's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.25.

The historical rank and industry rank for Turk Hava Yollari AO's Days Sales Outstanding or its related term are showing as below:

TKHVY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.39 Med: 16.11 Max: 31.92
Current: 17.18

During the past 13 years, Turk Hava Yollari AO's highest Days Sales Outstanding was 31.92. The lowest was 13.39. And the median was 16.11.

TKHVY's Days Sales Outstanding is ranked better than
84.4% of 968 companies
in the Transportation industry
Industry Median: 45.73 vs TKHVY: 17.18

Turk Hava Yollari AO's Days Sales Outstanding increased from Dec. 2022 (31.48) to Dec. 2023 (33.25).

Turk Hava Yollari AO Days Sales Outstanding Historical Data

The historical data trend for Turk Hava Yollari AO'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.

Turk Hava Yollari AO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

15.81

32.74

38.62

20.87

19.61

Turk Hava Yollari AO Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																31.48	19.84	15.36	13.29	33.25

Competitive Comparison

For the Airlines subindustry, Turk Hava Yollari AO'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.

Turk Hava Yollari AO Days Sales Outstanding Distribution

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's Days Sales Outstanding falls into.

Turk Hava Yollari AO 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.

Turk Hava Yollari AO'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
=	( (997.891	+	866.355)	/	2 )	/	17346.299	*	365
=	932.123					/	17346.299	*	365
=	19.61

Turk Hava Yollari AO'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
=	( (882.087	+	866.355)	/	2 )	/	2398.971	*	365 / 4
=	874.221					/	2398.971	*	365 / 4
=	33.25

Turk Hava Yollari AO (OTCPK:TKHVY) Days Sales Outstanding Explanation

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

Turk Hava Yollari AO Days Sales Outstanding Related Terms

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Turk Hava Yollari AO (Turk Hava Yollari AO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Turk Hava Yollari AO (OTCPK:TKHVY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

THYAO:Turkey TU5A:Germany

Address

Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149

Website

https://www.turkishairlines.com

Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.