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Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Accounts Receivable : ₺1,085 Mil (As of Sep. 2022)


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What is Dogu Aras Enerji Yatirimlari A.S. Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dogu Aras Enerji Yatirimlari A.S.'s accounts receivables for the quarter that ended in Sep. 2022 was ₺1,085 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dogu Aras Enerji Yatirimlari A.S.'s Days Sales Outstanding for the quarter that ended in Sep. 2022 was 27.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dogu Aras Enerji Yatirimlari A.S.'s Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was ₺-7.91.


Dogu Aras Enerji Yatirimlari A.S. Accounts Receivable Historical Data

The historical data trend for Dogu Aras Enerji Yatirimlari A.S.'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.

* Premium members only.

Dogu Aras Enerji Yatirimlari A.S. Accounts Receivable Chart

Dogu Aras Enerji Yatirimlari A.S. Annual Data
Trend Dec18 Dec19 Dec20
Accounts Receivable
174.05 258.96 238.27

Dogu Aras Enerji Yatirimlari A.S. Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 388.24 - 1,050.27 1,135.14 1,084.74

Dogu Aras Enerji Yatirimlari A.S. Accounts Receivable Calculation

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


Dogu Aras Enerji Yatirimlari A.S. 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.

Dogu Aras Enerji Yatirimlari A.S.'s Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1084.742/3657.86*91
=27.06

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Dogu Aras Enerji Yatirimlari A.S.'s accounts receivable are only considered to be worth 75% of book value:

Dogu Aras Enerji Yatirimlari A.S.'s Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(219.238+0.75 * 1084.742+0.5 * 72.462-3047.432
-0-0)/250
=-7.91

* 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.


Dogu Aras Enerji Yatirimlari A.S. Accounts Receivable Related Terms

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Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Business Description

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Traded in Other Exchanges
N/A
Address
Sukrupasa Mahallesi Susam Sok. Gamaoglu Yavuz Selim, Sitesi C-Block Six No: 1/A , Yakutiye, Erzurum, TUR
Dogu Aras Enerji Yatirimlari A.S. operates in the energy distribution and energy retail sectors.

Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Headlines

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