Turk Traktor ve Ziraat Makineleri AS (Turk Traktor ve Ziraat Makineleri AS) Days Sales Outstanding : 8.47 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Turk Traktor ve Ziraat Makineleri AS Days Sales Outstanding?

Turk Traktor ve Ziraat Makineleri AS's average Accounts Receivable for the three months ended in Dec. 2023 was $83 Mil. Turk Traktor ve Ziraat Makineleri AS's Revenue for the three months ended in Dec. 2023 was $895 Mil. Hence, Turk Traktor ve Ziraat Makineleri AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 8.47.

The historical rank and industry rank for Turk Traktor ve Ziraat Makineleri AS's Days Sales Outstanding or its related term are showing as below:

TTRKF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.38 Med: 49.32 Max: 63.37
Current: 16.38

During the past 13 years, Turk Traktor ve Ziraat Makineleri AS's highest Days Sales Outstanding was 63.37. The lowest was 16.38. And the median was 49.32.

TTRKF's Days Sales Outstanding is ranked better than
95.67% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.235 vs TTRKF: 16.38

Turk Traktor ve Ziraat Makineleri AS's Days Sales Outstanding declined from Dec. 2022 (9.19) to Dec. 2023 (8.47).

Turk Traktor ve Ziraat Makineleri AS Days Sales Outstanding Historical Data

The historical data trend for Turk Traktor ve Ziraat Makineleri 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.

Turk Traktor ve Ziraat Makineleri AS Days Sales Outstanding Chart

Turk Traktor ve Ziraat Makineleri AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

46.07

41.25

41.74

22.94

24.40

Turk Traktor ve Ziraat Makineleri AS 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	Get a 7-Day Free Trial															9.19	29.56	23.83	18.54	8.47

Competitive Comparison of Turk Traktor ve Ziraat Makineleri AS's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Turk Traktor ve Ziraat Makineleri 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.

Turk Traktor ve Ziraat Makineleri AS's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Turk Traktor ve Ziraat Makineleri AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Turk Traktor ve Ziraat Makineleri AS's Days Sales Outstanding falls into.

Turk Traktor ve Ziraat Makineleri 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.

Turk Traktor ve Ziraat Makineleri 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
=	( (185.631	+	83.074)	/	2 )	/	2009.607	*	365
=	134.3525					/	2009.607	*	365
=	24.40

Turk Traktor ve Ziraat Makineleri 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
=	( (83.013	+	83.074)	/	2 )	/	894.818	*	365 / 4
=	83.0435					/	894.818	*	365 / 4
=	8.47

Turk Traktor ve Ziraat Makineleri AS (OTCPK:TTRKF) 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 Traktor ve Ziraat Makineleri AS Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Turk Traktor ve Ziraat Makineleri AS's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Turk Traktor ve Ziraat Makineleri AS (Turk Traktor ve Ziraat Makineleri AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Turk Traktor ve Ziraat Makineleri AS (OTCPK:TTRKF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TTRAK:Turkey

Address

Gazi Mahallesi Anadolu Boulevard No: 52 - 52A, Yenimahalle, Ankara, TUR, 06560

Website

http://www.turktraktor.com.tr

Turk Traktor ve Ziraat Makineleri AS is one of the largest tractor manufacturers in Turkey. It sells tractors, combine harvesters, planters, cotton pickers, and other agricultural machinery and equipment. The company's worldwide sales and marketing network generates recurring aftermarket sales and showcases new features in product development. Plants are equipped with gear and heat treatment facilities, specialized machines, engine manufacturing facilities, paint shops, and assembly lines. The company also operates quality control labs, testing equipment, and incorporates research and development to design and produce innovative solutions. Most parts and components are manufactured internally, but the company may use third parties to meet international quality standards.

Turk Traktor ve Ziraat Makineleri AS (Turk Traktor ve Ziraat Makineleri AS) Headlines

No Headlines