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Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) Accounts Receivable : ₺39.46 Mil (As of Sep. 2023)


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What is Bati Ege Gayrimenkul Yatirim Ortakligi AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bati Ege Gayrimenkul Yatirim Ortakligi AS's accounts receivables for the quarter that ended in Sep. 2023 was ₺39.46 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bati Ege Gayrimenkul Yatirim Ortakligi AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 123.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bati Ege Gayrimenkul Yatirim Ortakligi AS's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₺-1.73.


Bati Ege Gayrimenkul Yatirim Ortakligi AS Accounts Receivable Historical Data

The historical data trend for Bati Ege Gayrimenkul Yatirim Ortakligi 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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Bati Ege Gayrimenkul Yatirim Ortakligi AS Accounts Receivable Chart

Bati Ege Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
7.71 20.82 22.78

Bati Ege Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial - - 22.78 46.50 39.46

Bati Ege Gayrimenkul Yatirim Ortakligi AS Accounts Receivable Calculation

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


Bati Ege Gayrimenkul Yatirim Ortakligi 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.

Bati Ege Gayrimenkul Yatirim Ortakligi AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.46/29.047*91
=123.96

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

Bati Ege Gayrimenkul Yatirim Ortakligi AS's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(23.969+0.75 * 39.46+0.5 * 180.831-1550.725
-0-0)/815
=-1.73

* 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.


Bati Ege Gayrimenkul Yatirim Ortakligi AS Accounts Receivable Related Terms

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Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) Business Description

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Traded in Other Exchanges
N/A
Address
Kayalar Mah. 6030, St. Sinpa? AquaCity F1, Blok No.3/13, Ic Kapi No:19 Merkezefendi district, Denizli, TUR
Bati Ege Gayrimenkul Yatirim Ortakligi AS is an investment company established to develop new investments in the real estate sector in Denizli and the entire Aegean Region. It has portfolio of projects which are Aquacity Denizli & Aquamall AVM.

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