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Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Accounts Receivable : ₺101 Mil (As of Dec. 2023)


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What is Dofer Yapi Malzemelerinayi ve Ticaret AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dofer Yapi Malzemelerinayi ve Ticaret AS's accounts receivables for the quarter that ended in Dec. 2023 was ₺101 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 7.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dofer Yapi Malzemelerinayi ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-1.11.


Dofer Yapi Malzemelerinayi ve Ticaret AS Accounts Receivable Historical Data

The historical data trend for Dofer Yapi Malzemelerinayi ve Ticaret 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.

Dofer Yapi Malzemelerinayi ve Ticaret AS Accounts Receivable Chart

Dofer Yapi Malzemelerinayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
56.44 60.29 55.28 101.12

Dofer Yapi Malzemelerinayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial - 55.28 55.97 60.58 101.12

Dofer Yapi Malzemelerinayi ve Ticaret AS Accounts Receivable Calculation

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


Dofer Yapi Malzemelerinayi ve Ticaret 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.

Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=101.123/1155.95*91
=7.98

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

Dofer Yapi Malzemelerinayi ve Ticaret AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(228.691+0.75 * 101.123+0.5 * 193.466-463.263
-0-0)/55.75
=-1.11

* 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.


Dofer Yapi Malzemelerinayi ve Ticaret AS Accounts Receivable Related Terms

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Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Business Description

Traded in Other Exchanges
N/A
Address
Turgut Özal 2, Bulvar? No:34 Dofer Plaza, Alt?nda? / ANKARA, Istanbul, TUR
Dofer Yapi Malzemeleri Sanayi ve Ticaret AS is engaged in trade of reinforcing bar, as well as production of wire mesh & pre-cut rebar.

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