Penguen Gida AS (IST:PENGD) Accounts Receivable: ₺140 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:PENGD Penguen Gida AS IST:PENGD
54 GF Score
Price ₺9.70
GF Value ₺10.01
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Penguen Gida AS Accounts Receivable?

Penguen Gida AS IST:PENGD +3.52% 54 Accounts Receivable is ₺140 Mil as of Mar. 2026. GuruFocus rates IST:PENGD with a GF Score™ of 54/100 and a GF Value™ of ₺10.01 (Fairly Valued). The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Penguen Gida AS's accounts receivables for the quarter that ended in Mar. 2026 was ₺140 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Penguen Gida AS's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 24.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Penguen Gida AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₺-10.45.


Penguen Gida 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.

Penguen Gida AS's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=140.014/517.913*91
=24.67

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

Penguen Gida AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(50.956+0.75 * 140.014+0.5 * 330.807-2149.624
-0-0.013)/175.000
=-10.45

* 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.


Penguen Gida AS Accounts Receivable Related Terms


Penguen Gida AS Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Penguen Gida 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.

Penguen Gida AS Accounts Receivable Chart

Penguen Gida AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.13 209.45 273.45 253.05 291.96

Penguen Gida AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 169.60 171.52 194.48 291.96 140.01
IST:PENGD
54GF Score
Penguen Gida AS IST:PENGD
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Penguen Gida 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 ₺140 Mil mean?
Penguen Gida AS (IST:PENGD) has a Accounts Receivable of ₺140 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Penguen Gida AS and its competitors.
Is Penguen Gida AS's Accounts Receivable too high?
Penguen Gida AS's current Accounts Receivable is ₺140 Mil. Overall, Penguen Gida AS has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Penguen Gida AS's Accounts Receivable compare to KHC and GIS?
Penguen Gida AS's Accounts Receivable of ₺140 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods 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 Penguen Gida AS and its competitors. Penguen Gida AS's current Accounts Receivable is ₺140 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Penguen Gida AS stock overvalued right now?
Based on GuruFocus' analysis, Penguen Gida AS (IST:PENGD) is currently considered Fairly Valued. The stock's GF Value™ is ₺10.01, compared to a current price of ₺9.70 — trading 3.1% below its estimated fair value. The current Accounts Receivable is ₺140 Mil. Penguen Gida AS's overall GF Score™ is 54/100 with 7 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 Penguen Gida AS (IST:PENGD), the current Accounts Receivable is ₺140 Mil as of Mar. 2026. 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.

Is Penguen Gida AS (IST:PENGD) Overvalued in 2026?

Based on GuruFocus' analysis, Penguen Gida AS stock appears to be undervalued. The current stock price of ₺9.70 is trading 3.1% below its estimated GF Value™ of ₺10.01. GuruFocus considers Penguen Gida AS to be Fairly Valued.

Key valuation signals for IST:PENGD:

  • Accounts Receivable: ₺140 Mil
  • GF Value™: ₺10.01 vs. price of ₺9.70 (3.1% below fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the IST:PENGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Penguen Gida AS Business Description

Address Balkan Mah., Mumin Gencoglu Caddesi No: 1, Nilufer, Bursa, TUR, 16240
Penguen Gida AS processes food. The company product categories include jam, preserved vegetables, ready meals, preserved boiled legumes, tomato and pepper paste, pickles and frozen food. It exports its product to Germany, the USA, France, the Netherlands, Switzerland, Russia, Sweden, and other countries.
54GF Score

Get the complete analysis for IST:PENGD

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

₺9.70
Price
₺10.01
GF Value