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Otto Holding AS (IST:OTTO) Accounts Receivable : ₺58.0 Mil (As of Sep. 2023)


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What is Otto Holding AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Otto Holding AS's accounts receivables for the quarter that ended in Sep. 2023 was ₺58.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Otto Holding AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 233.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Otto Holding AS's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₺-6.34.


Otto Holding AS Accounts Receivable Historical Data

The historical data trend for Otto 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.

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Otto Holding AS Accounts Receivable Chart

Otto Holding AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 0.56 0.50 2.06 - 28.07

Otto Holding AS Quarterly Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.86 28.07 21.92 72.32 57.98

Otto Holding AS Accounts Receivable Calculation

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


Otto 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.

Otto Holding AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=57.98/22.64*91
=233.69

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

Otto Holding AS's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(5.312+0.75 * 57.98+0.5 * 0.019-92.844
-0-4.387)/7.63546
=-6.34

* 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.


Otto Holding AS Accounts Receivable Related Terms

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Otto Holding AS (IST:OTTO) Business Description

Traded in Other Exchanges
N/A
Address
Levent Neighbourhood Yosun St. No:8, Besiktas, Istanbul, TUR
Otto Holding AS is an investment company that brings traditional markets together with new-generation investments, It undertakes the responsibility of making investments that will benefit our shareholders while protecting the securities and transparency of the markets. The company transforms its experience in media, entertainment and other sectors into measurable financial values with technology-oriented investments in fields of activity such as artificial intelligence (AI), augmented reality (AR), financial technologies (Fintech), gaming (Gaming), and electric vehicles (Electrification).

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