GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS (IST:HATSN) » Definitions » Accounts Receivable

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) Accounts Receivable : ₺688 Mil (As of Dec. 2024)


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What is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's accounts receivables for the quarter that ended in Dec. 2024 was ₺688 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₺-1.99.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Accounts Receivable Historical Data

The historical data trend for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Accounts Receivable Chart

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
12.42 16.89 88.86 522.55

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 583.34 522.55 201.99 416.87 687.79

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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
=687.793/0*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's accounts receivable are only considered to be worth 75% of book value:

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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)
=(983.613+0.75 * 687.793+0.5 * 584.715-2231.666
-0-0)/221.500
=-1.99

* 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.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Accounts Receivable Related Terms

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Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Florya Cad. Florya Plaza, No: 88/2 Florya, Bakirkoy, Istanbul, TUR, 34153
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS is a company engaged in purchase of domestic and foreign shipbuilding facilities, shipyards, hotels, cruise ships and yachts of all tonnages. It also operates in special transformation projects. Extension projects on ships, special project installations related to new machinery, equipment or production, and heavy steel construction works are the expertise of HAT-SAN Shipyard.

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