Polisan Holding AS (IST:POLHO) Accounts Receivable: ₺945 Mil (As of Mar. 2026)

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IST:POLHO Polisan Holding AS IST:POLHO
57 GF Score
Price ₺21.10
GF Value ₺7.96
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Polisan Holding AS Accounts Receivable?

Polisan Holding AS IST:POLHO +1.44% 57 Accounts Receivable is ₺945 Mil as of Mar. 2026. GuruFocus rates IST:POLHO with a GF Score™ of 57/100 and a GF Value™ of ₺7.96 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Polisan Holding AS's accounts receivables for the quarter that ended in Mar. 2026 was ₺945 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Polisan Holding AS's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 62.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Polisan Holding AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₺-4.53.


Polisan 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.

Polisan Holding 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
=945.007/1384.901*91
=62.27

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

Polisan Holding 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)
=(649.648+0.75 * 945.007+0.5 * 310.123-4946.052
-0-0)/758.500
=-4.53

* 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.


Polisan Holding AS Accounts Receivable Related Terms


Polisan Holding AS Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Polisan 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.

Polisan Holding AS Accounts Receivable Chart

Polisan Holding 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 631.61 1,260.74 1,388.93 1,635.74 1,193.49

Polisan Holding 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 1,271.07 1,103.67 1,233.92 1,193.49 945.01
IST:POLHO
57GF Score
Polisan Holding AS IST:POLHO
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Polisan Holding 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 ₺945 Mil mean?
Polisan Holding AS (IST:POLHO) has a Accounts Receivable of ₺945 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Polisan Holding AS and its competitors.
Is Polisan Holding AS's Accounts Receivable too high?
Polisan Holding AS's current Accounts Receivable is ₺945 Mil. Overall, Polisan Holding AS has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polisan Holding AS's Accounts Receivable compare to LIN and SHW?
Polisan Holding AS's Accounts Receivable of ₺945 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Accounts Receivable depends on the Chemicals 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 Polisan Holding AS and its competitors. Polisan Holding AS's current Accounts Receivable is ₺945 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polisan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Polisan Holding AS (IST:POLHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.96, compared to a current price of ₺21.10 — trading 165.1% above its estimated fair value. The current Accounts Receivable is ₺945 Mil. Polisan Holding AS's overall GF Score™ is 57/100 with 6 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 Polisan Holding AS (IST:POLHO), the current Accounts Receivable is ₺945 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 Polisan Holding AS (IST:POLHO) Overvalued in 2026?

Based on GuruFocus' analysis, Polisan Holding AS stock appears to be overvalued. The current stock price of ₺21.10 is trading 165.1% above its estimated GF Value™ of ₺7.96. GuruFocus considers Polisan Holding AS to be Significantly Overvalued.

Key valuation signals for IST:POLHO:

  • Accounts Receivable: ₺945 Mil
  • GF Value™: ₺7.96 vs. price of ₺21.10 (165.1% above fair value)
  • GF Score™: 57/100 with 6 warning signs

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


Polisan Holding AS Business Description

Address Dilovasi Organize Sanayi Bolgesi 1, Kisim Liman Caddesi No: 7, Kocaeli, Dilovasi, TUR
Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.
57GF Score

Get the complete analysis for IST:POLHO

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

₺21.10
Price
₺7.96
GF Value