Kayseri Seker Fabrikasi AS (IST:KAYSE) Accounts Receivable : ₺740 Mil (As of Oct. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Kayseri Seker Fabrikasi AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kayseri Seker Fabrikasi AS's accounts receivables for the quarter that ended in Oct. 2023 was ₺740 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kayseri Seker Fabrikasi AS's Days Sales Outstanding for the quarter that ended in Oct. 2023 was 29.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kayseri Seker Fabrikasi AS's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was ₺-4.40.

Kayseri Seker Fabrikasi AS Accounts Receivable Historical Data

The historical data trend for Kayseri Seker Fabrikasi 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.

Kayseri Seker Fabrikasi AS Accounts Receivable Chart

Kayseri Seker Fabrikasi AS Annual Data

Trend

Apr20

Apr21

Apr22

Accounts Receivable

707.24

690.15

465.07

Kayseri Seker Fabrikasi AS Semi-Annual Data
	Apr20	Apr21	Oct21	Apr22	Oct22	Oct23
Accounts Receivable	Get a 7-Day Free Trial			690.15	-	465.07	101.90	740.49

Kayseri Seker Fabrikasi AS Accounts Receivable Calculation

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

Kayseri Seker Fabrikasi 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.

Kayseri Seker Fabrikasi AS's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	740.49	/	4602.227	*	91
=	29.36

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

Kayseri Seker Fabrikasi AS's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=	(1422.471	+	0.75 * 740.49	+	0.5 * 5453.73	-	7807.997
-	0	-	0)	/	706
=	-4.40

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.

Kayseri Seker Fabrikasi AS Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Kayseri Seker Fabrikasi AS's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kayseri Seker Fabrikasi AS (IST:KAYSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kayseri Seker Fabrikasi AS (IST:KAYSE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Seker Mahallesi Osman Kavuncu Bulvari No: 314, Kocasinan, Kayseri, TUR

Website

https://www.kayseriseker.com.tr

Kayseri Seker Fabrikasi AS engages in the production and trade of crystal, granulated and cube sugar, wet pulp, dry pulp, molasses, dried pulp with molasses, limestone, electricity production, and trade of seeds and fertilizers which are by-products of the sugar industry.

Kayseri Seker Fabrikasi AS (IST:KAYSE) Headlines

No Headlines