Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) Accounts Receivable : ₺1,146 Mil (As of Dec. 2023)

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What is Koton Magazacilik Tekstilnayi Ve Ticaret AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Koton Magazacilik Tekstilnayi Ve Ticaret AS's accounts receivables for the quarter that ended in Dec. 2023 was ₺1,146 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 12.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-5.40.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Accounts Receivable Historical Data

The historical data trend for Koton Magazacilik Tekstilnayi 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.

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Koton Magazacilik Tekstilnayi Ve Ticaret AS Accounts Receivable Chart

Koton Magazacilik Tekstilnayi Ve Ticaret AS Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

606.86

816.97

1,146.33

Koton Magazacilik Tekstilnayi Ve Ticaret AS Semi-Annual Data
	Dec21	Dec22	Dec23
Accounts Receivable	606.86	816.97	1,146.33

Koton Magazacilik Tekstilnayi 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.

Koton Magazacilik Tekstilnayi 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.

Koton Magazacilik Tekstilnayi 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
=	1146.325	/	17193.805	*	91
=	12.17

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

Koton Magazacilik Tekstilnayi 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)
=	(359.081	+	0.75 * 1146.325	+	0.5 * 5114.546	-	8252.384
-	0	-	0)	/	829.650
=	-5.40

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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Accounts Receivable Related Terms

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Koton Magazacilik Tekstilnayi Ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Koton Magazacilik Tekstil Sanayi Ve Ticaret AS (IST:KOTON) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ayazaga Street, No:3, Ic Kapi No:5, Ayazaga District, Istanbul, TUR

Website

https://www.kurumsal.koton.com.tr

Koton Magazacilik Tekstil Sanayi Ve Ticaret AS is a Fashion company that has grown into a regional retail ready-to-wear company that designs and sells Koton branded products in four continents. Its field of activity is to design and produce all kinds of textile and accessory products and to sell stores (retail sales) operated by itself or by Franchisees at home and abroad, through its website koton.com and the Company's mobile application. e-commerce channel, including local and international online marketplaces.

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