Netcad Yazilim AS (IST:NETCD) Accounts Receivable: ₺440 Mil (As of Dec. 2024)


IST:NETCD Netcad Yazilim AS IST:NETCD
30 GF Score
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What is Netcad Yazilim AS Accounts Receivable?

Netcad Yazilim AS IST:NETCD -5.58% 30 Accounts Receivable is ₺440 Mil as of Dec. 2024. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Netcad Yazilim AS's accounts receivables for the quarter that ended in Dec. 2024 was ₺440 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Netcad Yazilim AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 71.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Netcad Yazilim AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₺2.19.

Netcad Yazilim 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.

Netcad Yazilim AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=440.024/1125.559*91
=71.35

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

Netcad Yazilim AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(165.375+0.75 * 440.024+0.5 * 0.203-195.721
-0-0)/137.000
=2.19

* 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.

Netcad Yazilim AS Accounts Receivable Related Terms

Netcad Yazilim AS Accounts Receivable Historical Data

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The historical data trend for Netcad Yazilim 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.

Netcad Yazilim AS Accounts Receivable Chart

Netcad Yazilim AS Annual Data
Trend Dec22 Dec23 Dec24
Accounts Receivable
331.04 352.89 440.02

Netcad Yazilim AS Semi-Annual Data
Dec22 Dec23 Dec24
Accounts Receivable 331.04 352.89 440.02
IST:NETCD
30GF Score
Netcad Yazilim AS IST:NETCD
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Netcad Yazilim AS Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of ₺440 Mil mean?
Netcad Yazilim AS (IST:NETCD) has a Accounts Receivable of ₺440 Mil as of Dec. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Netcad Yazilim AS and its competitors.
Is Netcad Yazilim AS's Accounts Receivable too high?
Netcad Yazilim AS's current Accounts Receivable is ₺440 Mil. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Accounts Receivable compare to CRM and SHOP?
Netcad Yazilim AS's Accounts Receivable of ₺440 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Software company?
A good Accounts Receivable depends on the Software industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Netcad Yazilim AS and its competitors. Netcad Yazilim AS's current Accounts Receivable is ₺440 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Accounts Receivable of ₺440 Mil. The current Accounts Receivable is ₺440 Mil. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Netcad Yazilim AS (IST:NETCD), the current Accounts Receivable is ₺440 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Netcad Yazilim AS Business Description

Address Bilkent Cyber Plaza, Block B, No. 409 Cyberpark, Cankaya, Ankara, TUR, 06800
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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