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Altin Yunus Cesme Turistik Tesisleri AS (IST:AYCES) Accounts Receivable : ₺21.7 Mil (As of Mar. 2025)


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What is Altin Yunus Cesme Turistik Tesisleri AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Altin Yunus Cesme Turistik Tesisleri AS's accounts receivables for the quarter that ended in Mar. 2025 was ₺21.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Altin Yunus Cesme Turistik Tesisleri AS's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 48.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Altin Yunus Cesme Turistik Tesisleri AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ₺-42.93.


Altin Yunus Cesme Turistik Tesisleri AS Accounts Receivable Historical Data

The historical data trend for Altin Yunus Cesme Turistik Tesisleri 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.

* Premium members only.

Altin Yunus Cesme Turistik Tesisleri AS Accounts Receivable Chart

Altin Yunus Cesme Turistik Tesisleri AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 2.12 4.50 6.40 3.47

Altin Yunus Cesme Turistik Tesisleri AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 32.81 23.04 17.41 3.47 21.69

Altin Yunus Cesme Turistik Tesisleri AS Accounts Receivable Calculation

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


Altin Yunus Cesme Turistik Tesisleri 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.

Altin Yunus Cesme Turistik Tesisleri AS's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=21.691/40.441*91
=48.94

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

Altin Yunus Cesme Turistik Tesisleri AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(27.218+0.75 * 21.691+0.5 * 5.486-1119.584
-0-0)/25.000
=-42.93

* 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.


Altin Yunus Cesme Turistik Tesisleri AS Accounts Receivable Related Terms

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Altin Yunus Cesme Turistik Tesisleri AS Business Description

Traded in Other Exchanges
N/A
Address
No. 120/101 Konak, Akdeniz Mah. sehit Fethi Bey Caddesi, Izmir, TUR
Altin Yunus Cesme Turistik Tesisleri AS, formerly Altin Yunus Cesme AS operates as a resort. It provides various hotel facilities such as tennis courts, outdoor and indoor swimming pools, a surf club, a diving school, beach volleyball, basketball, mini football and a movie theatre.

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