Altinayvunma Teknolojileri AS (IST:ALTNY) Accounts Receivable : ₺939 Mil (As of Dec. 2024)

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What is Altinayvunma Teknolojileri AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Altinayvunma Teknolojileri AS's accounts receivables for the quarter that ended in Dec. 2024 was ₺939 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Altinayvunma Teknolojileri AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 131.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Altinayvunma Teknolojileri AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₺-5.00.

Altinayvunma Teknolojileri AS Accounts Receivable Historical Data

The historical data trend for Altinayvunma Teknolojileri AS'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.

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Altinayvunma Teknolojileri AS Accounts Receivable Chart

Altinayvunma Teknolojileri AS Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

121.12

258.63

518.55

938.78

Altinayvunma Teknolojileri AS Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial			-	518.55	761.48	679.66	938.78

Altinayvunma Teknolojileri AS Accounts Receivable Calculation

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

Altinayvunma Teknolojileri AS 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.

Altinayvunma Teknolojileri AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	938.777	/	650.206	*	91
=	131.75

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Altinayvunma Teknolojileri AS's accounts receivable are only considered to be worth 75% of book value:

Altinayvunma Teknolojileri AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=	(811.117	+	0.75 * 938.777	+	0.5 * 560.541	-	2591.53
-	0	-	379.354)	/	235.294
=	-5.00

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.

Altinayvunma Teknolojileri AS Accounts Receivable Related Terms

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Altinayvunma Teknolojileri AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Altinay Savunma Teknolojileri AS (IST:ALTNY) » Definitions » Accounts Receivable

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Traded in Other Exchanges

N/A

Address

Sanayi Mah. Teknopark Bulvari, No: 1, 7C Pendik, Istanbul, TUR

Website

https://www.altinaysavunma.com

Altinay Savunma Teknolojileri AS is a company which has has been providing products and solutions in the fields of Motion Control Systems, Unmanned Systems, Stealth Systems, Weapon Systems, Ammunition Destruction, and Production Systems to various stakeholders in the government, private sector, and international markets.

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