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Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS (IST:KRPLS) Accounts Receivable : ₺380.3 Mil (As of Dec. 2023)


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What is Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's accounts receivables for the quarter that ended in Dec. 2023 was ₺380.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 80.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-0.60.


Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Accounts Receivable Historical Data

The historical data trend for Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis 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.

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Accounts Receivable Chart

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
86.75 95.11 163.37 446.92 380.26

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 446.92 257.43 338.13 358.61 380.26

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Accounts Receivable Calculation

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


Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis 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.

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis 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
=380.264/428.637*91
=80.95

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

Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis 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)
=(36.462+0.75 * 380.264+0.5 * 148.215-501.043
-0-0)/174.6
=-0.60

* 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.


Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS Accounts Receivable Related Terms

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Koroplast Temizlik Ambalaj Urunlerinayi Ve Dis Ticaret AS (IST:KRPLS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ataturk Mah. Orhan Veli Cad. No:12/1 Esenyurt, Istanbul, TUR, 34522
Koroplast Temizlik Ambalaj Urunleri Sanayi Ve Dis Ticaret AS engages in manufacturing garbage bags and kitchen auxiliary products. It offers a wide range of products such as Aluminium Foil, Cling Film, Zipper bags, Oven bags, Baking Paper, Microwave Steam Cooking bags, Fresh Keeping Freezer bags, and Cleaning products.

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