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Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) Accounts Receivable : ₺370 Mil (As of Sep. 2023)


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What is Soke Degirmenciliknayi Ve Ticaret Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Soke Degirmenciliknayi Ve Ticaret's accounts receivables for the quarter that ended in Sep. 2023 was ₺370 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Soke Degirmenciliknayi Ve Ticaret's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 36.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Soke Degirmenciliknayi Ve Ticaret's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₺0.55.


Soke Degirmenciliknayi Ve Ticaret Accounts Receivable Historical Data

The historical data trend for Soke Degirmenciliknayi Ve Ticaret'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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Soke Degirmenciliknayi Ve Ticaret Accounts Receivable Chart

Soke Degirmenciliknayi Ve Ticaret Annual Data
Trend Dec19 Dec20 Dec21
Accounts Receivable
60.41 70.07 103.73

Soke Degirmenciliknayi Ve Ticaret Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - 213.80 357.21 430.14 370.39

Soke Degirmenciliknayi Ve Ticaret Accounts Receivable Calculation

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


Soke Degirmenciliknayi Ve Ticaret 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.

Soke Degirmenciliknayi Ve Ticaret's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=370.385/914*91
=36.98

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

Soke Degirmenciliknayi Ve Ticaret'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)
=(403.854+0.75 * 370.385+0.5 * 304.828-624.484
-0--1.934)/386.5
=0.55

* 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.


Soke Degirmenciliknayi Ve Ticaret Accounts Receivable Related Terms

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Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Sazl? Mahallesi Fabrika Sokak No: 02, Soke, Aydin, TUR, 09260
Soke Degirmencilik Sanayi Ve Ticaret provides packaged food products. The product range consists of flour, gluten-free flour, grain flour, professional flour, and bread flour mixes.

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