HEPS (D-MARKET Electronic Services & Trading) Accounts Receivable: $115 Mil (As of Jun. 2026)

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HEPS D-MARKET Electronic Services & Trading HEPS
71 GF Score
Price $2.61
GF Value $2.20
Valuation Modestly Overvalued
! 4 Warning Signs
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What is D-MARKET Electronic Services & Trading Accounts Receivable?

D-MARKET Electronic Services & Trading HEPS -0.76% 71 Accounts Receivable is $115 Mil as of Jun. 2026. GuruFocus rates HEPS with a GF Score™ of 71/100 and a GF Value™ of $2.20 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. D-MARKET Electronic Services & Trading's accounts receivables for the quarter that ended in Jun. 2026 was $115 Mil.

Accounts receivable can be measured by Days Sales Outstanding. D-MARKET Electronic Services & Trading's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 21.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. D-MARKET Electronic Services & Trading's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-0.98.


D-MARKET Electronic Services & Trading Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

D-MARKET Electronic Services & Trading's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=115.13/493.531*91
=21.29

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), D-MARKET Electronic Services & Trading's accounts receivable are only considered to be worth 75% of book value:

D-MARKET Electronic Services & Trading's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(195.615+0.75 * 115.13+0.5 * 192.003-728.716
-0-0)/357.225
=-0.98

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


D-MARKET Electronic Services & Trading Accounts Receivable Related Terms


D-MARKET Electronic Services & Trading Accounts Receivable Historical Data

* Premium members only.

The historical data trend for D-MARKET Electronic Services & Trading's Accounts Receivable 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.

D-MARKET Electronic Services & Trading Accounts Receivable Chart

D-MARKET Electronic Services & Trading Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial 23.09 51.23 117.84 188.87 146.30

D-MARKET Electronic Services & Trading Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable 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 145.42 132.47 146.30 110.21 115.13
HEPS
71GF Score
D-MARKET Electronic Services & Trading HEPS
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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D-MARKET Electronic Services & Trading Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $115 Mil mean?
D-MARKET Electronic Services & Trading (HEPS) has a Accounts Receivable of $115 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on D-MARKET Electronic Services & Trading and its competitors.
Is D-MARKET Electronic Services & Trading's Accounts Receivable too high?
D-MARKET Electronic Services & Trading's current Accounts Receivable is $115 Mil. Overall, D-MARKET Electronic Services & Trading has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-MARKET Electronic Services & Trading's Accounts Receivable compare to AMZN and BABA?
D-MARKET Electronic Services & Trading's Accounts Receivable of $115 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Retail - Cyclical company?
A good Accounts Receivable depends on the Retail - Cyclical industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on D-MARKET Electronic Services & Trading and its competitors. D-MARKET Electronic Services & Trading's current Accounts Receivable is $115 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-MARKET Electronic Services & Trading stock overvalued right now?
Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading (HEPS) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.20, compared to a current price of $2.61 — trading 18.6% above its estimated fair value. The current Accounts Receivable is $115 Mil. D-MARKET Electronic Services & Trading's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For D-MARKET Electronic Services & Trading (HEPS), the current Accounts Receivable is $115 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is D-MARKET Electronic Services & Trading (HEPS) Overvalued in 2026?

Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading stock appears to be overvalued. The current stock price of $2.61 is trading 18.6% above its estimated GF Value™ of $2.20. GuruFocus considers D-MARKET Electronic Services & Trading to be Modestly Overvalued.

Key valuation signals for HEPS:

  • Accounts Receivable: $115 Mil
  • GF Value™: $2.20 vs. price of $2.61 (18.6% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the HEPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D-MARKET Electronic Services & Trading Business Description

Other Exchanges HEPSD:Kazakhstan8WZ:Germany
Address Kustepe Mahallesi Mecidiyekoy Yolu, Trump Tower, Cadde no: 12 Tower: 2 Floor:2, K2 Sisli, Istanbul, TUR, 34387
D-MARKET Electronic Services & Trading offers an e-commerce platform in Turkey and the surrounding region. The company is comprised of one reportable segment, namely e-commerce operations. It's portfolio offers its retail customers a wide selection of merchandise including electronics and non-electronics (including books, sports, toys, kids and baby products, cosmetics, furniture, etc). The Group derives revenue from the sales of goods, marketplace revenues and other revenues.
71GF Score

Get the complete analysis for HEPS

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.61
Price
$2.20
GF Value