Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Accounts Receivable : ₺167 Mil (As of Dec. 2023)

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What is Meka Betonntralleri Imalatnayi ve Ticaret AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Meka Betonntralleri Imalatnayi ve Ticaret AS's accounts receivables for the quarter that ended in Dec. 2023 was ₺167 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 19.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Meka Betonntralleri Imalatnayi ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺0.59.

Meka Betonntralleri Imalatnayi ve Ticaret AS Accounts Receivable Historical Data

The historical data trend for Meka Betonntralleri Imalatnayi 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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Meka Betonntralleri Imalatnayi ve Ticaret AS Accounts Receivable Chart

Meka Betonntralleri Imalatnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

25.10

27.63

108.21

167.31

Meka Betonntralleri Imalatnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			-	108.21	97.32	119.82	167.31

Meka Betonntralleri Imalatnayi 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.

Meka Betonntralleri Imalatnayi 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.

Meka Betonntralleri Imalatnayi 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
=	167.31	/	770.013	*	91
=	19.83

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

Meka Betonntralleri Imalatnayi 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)
=	(365.504	+	0.75 * 167.31	+	0.5 * 467.733	-	687.815
-	0	-	0)	/	62.5
=	0.59

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.

Meka Betonntralleri Imalatnayi ve Ticaret AS Accounts Receivable Related Terms

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Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Meka Beton Santralleri Imalat Sanayi ve Ticaret AS (IST:MEKAG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ismet Inonu Blv No. 12, Malikoy Baskent Osb, Ankara, TUR, 06909

Website

https://www.mekaglobal.com/tr

Meka Beton Santralleri Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.

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