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Marka Yatirim Holding AS (IST:MARKA) Accounts Receivable : ₺4.43 Mil (As of Jun. 2017)


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What is Marka Yatirim Holding AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Marka Yatirim Holding AS's accounts receivables for the quarter that ended in Jun. 2017 was ₺4.43 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. Marka Yatirim Holding AS's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was ₺-0.09.


Marka Yatirim Holding AS Accounts Receivable Historical Data

The historical data trend for Marka Yatirim Holding 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.

Marka Yatirim Holding AS Accounts Receivable Chart

Marka Yatirim Holding AS Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only - 0.45 0.27 0.09 2.44

Marka Yatirim Holding AS Quarterly Data
Dec09 Mar10 Dec10 Mar11 Sep11 Dec11 Sep12 Dec12 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17
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 0.20 0.09 4.01 4.43 2.44

Marka Yatirim Holding AS Accounts Receivable Calculation

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


Marka Yatirim Holding 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.

Marka Yatirim Holding AS's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.428/0*91
=

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

Marka Yatirim Holding AS's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 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)
=(5.111+0.75 * 4.428+0.5 * 3.753-11.728
-0--0.491)/10
=-0.09

* 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.


Marka Yatirim Holding AS Accounts Receivable Related Terms

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Marka Yatirim Holding AS (IST:MARKA) Business Description

Traded in Other Exchanges
N/A
Address
No. 211/64, Abide-i Hürriyet cad, Bolkan center A-B-C Bloklar, istanbul, TUR
Marka Yatirim Holding AS is an investment company. It invests & manages portfolio of capital market instruments traded on the domestic & international stock exchanges, gold and other precious metals.

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