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Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) Accounts Receivable : ₺20,856 Mil (As of Mar. 2025)


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What is Tofas Turk Otomobil Fabrikasi AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tofas Turk Otomobil Fabrikasi AS's accounts receivables for the quarter that ended in Mar. 2025 was ₺20,856 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tofas Turk Otomobil Fabrikasi AS's Days Sales Outstanding for the quarter that ended in Mar. 2025 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. Tofas Turk Otomobil Fabrikasi AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ₺-25.16.


Tofas Turk Otomobil Fabrikasi AS Accounts Receivable Historical Data

The historical data trend for Tofas Turk Otomobil Fabrikasi 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.

* Premium members only.

Tofas Turk Otomobil Fabrikasi AS Accounts Receivable Chart

Tofas Turk Otomobil Fabrikasi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,493.01 7,142.35 24,643.03 26,591.25 20,885.08

Tofas Turk Otomobil Fabrikasi AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 23,318.05 20,182.52 14,320.10 20,885.08 20,856.34

Tofas Turk Otomobil Fabrikasi AS Accounts Receivable Calculation

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


Tofas Turk Otomobil Fabrikasi 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.

Tofas Turk Otomobil Fabrikasi AS's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20856.335/26673.509*91
=71.35

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

Tofas Turk Otomobil Fabrikasi AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(25774.427+0.75 * 20856.335+0.5 * 11307.08-59649.21
-0-0)/500.000
=-25.16

* 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.


Tofas Turk Otomobil Fabrikasi AS Accounts Receivable Related Terms

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Tofas Turk Otomobil Fabrikasi AS Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Cad. No: 145 Tofas Han, Zincirlikuyu, Istanbul, TUR, 34394
Tofas Turk Otomobil Fabrikasi AS is a Turkish automotive manufacturer of both passenger cars and light commercial vehicles. Its core business s manufacturing, exporting and selling passenger cars and light commercial vehicles under licenses of Fiat Chrysler Automobiles S.p.A. (Fiat). The company manufactures for a range of passenger cars i.e. Fiat Linea, Egea models, and others. Tofas also acts as a distributor of the Fiat, Alfa Romeo, Jeep, Lancia, Maserati, and Ferrari brands in Turkey. It also produces various automotive spare parts used in its automobiles. The company has three business divisions namely Automobile, Trading of spare parts, and Consumer finance.

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