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Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Accounts Receivable : ₺175.0 Mil (As of Dec. 2013)


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What is Kent Gida Maddelerinayii Ve Ticaret AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kent Gida Maddelerinayii Ve Ticaret AS's accounts receivables for the quarter that ended in Dec. 2013 was ₺175.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kent Gida Maddelerinayii Ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2013 was 121.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kent Gida Maddelerinayii Ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was ₺-0.17.


Kent Gida Maddelerinayii Ve Ticaret AS Accounts Receivable Historical Data

The historical data trend for Kent Gida Maddelerinayii 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.

Kent Gida Maddelerinayii Ve Ticaret AS Accounts Receivable Chart

Kent Gida Maddelerinayii Ve Ticaret AS Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.88 137.54 179.28 179.09 174.99

Kent Gida Maddelerinayii Ve Ticaret AS Quarterly Data
Dec02 Dec03 Dec04 Sep07 Dec07 Sep08 Dec08 Dec09 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Sep13 Dec13
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 236.65 179.09 158.35 191.66 174.99

Kent Gida Maddelerinayii 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.


Kent Gida Maddelerinayii 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.

Kent Gida Maddelerinayii Ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=174.989/131.57*91
=121.36

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

Kent Gida Maddelerinayii Ve Ticaret AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 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)
=(1.102+0.75 * 174.989+0.5 * 60.334-199.337
-0-0)/219.377
=-0.17

* 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.


Kent Gida Maddelerinayii Ve Ticaret AS Accounts Receivable Related Terms

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Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Business Description

Traded in Other Exchanges
N/A
Address
Cumhuriyet Mah 2253, Sokak No.11, Gebze, Kocaeli, Istanbul, TUR, 41400
Kent Gida Maddeleri Sanayii Ve Ticaret AS operates as a confectionery company. It produces as well as sells candy, chewing gums and chocolates, coffee, salty cookies and powdered beverages. The products of the company are offered under various brands such as Barni, Bubblicious, Milka, Toblerone, Bonibon, tofita, Olips, poptip, and others. Geographically the operations are carried out through Turkey.

Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Headlines

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