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Artemis Hali AS (IST:ARTMS) Accounts Receivable : ₺598.3 Mil (As of Dec. 2024)


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What is Artemis Hali AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Artemis Hali AS's accounts receivables for the quarter that ended in Dec. 2024 was ₺598.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Artemis Hali AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 116.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Artemis Hali AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₺7.22.


Artemis Hali AS Accounts Receivable Historical Data

The historical data trend for Artemis Hali 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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Artemis Hali AS Accounts Receivable Chart

Artemis Hali AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
104.15 94.25 166.62 540.58 598.26

Artemis Hali AS Quarterly Data
Dec20 Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 289.53 540.58 460.88 335.73 598.26

Artemis Hali AS Accounts Receivable Calculation

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


Artemis Hali 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.

Artemis Hali 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
=598.262/469.344*91
=116.31

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

Artemis Hali 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)
=(143.401+0.75 * 598.262+0.5 * 604.737-389.038
-0-0)/70.000
=7.22

* 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.


Artemis Hali AS Accounts Receivable Related Terms

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Artemis Hali AS Business Description

Traded in Other Exchanges
N/A
Address
Balmumcu District Itri Street No:8/1, Turkey, TUR
Artemis Hali AS is a company whose business activity is manufacturing, importing, exporting, buying-selling and marketing all kinds of handmade carpets and machine-made carpets, runners, prayer rugs, rugs, blankets and textile products.

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