TFIG (TFI TAB Gida Yatirimlari AS) Accounts Receivable: $31.89 Mil (As of Dec. 2016)

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What is TFI TAB Gida Yatirimlari AS Accounts Receivable?

TFI TAB Gida Yatirimlari AS TFIG Accounts Receivable is $31.89 Mil as of Dec. 2016.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TFI TAB Gida Yatirimlari AS's accounts receivables for the quarter that ended in Dec. 2016 was $31.89 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TFI TAB Gida Yatirimlari AS's Days Sales Outstanding for the quarter that ended in Dec. 2016 was 7.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TFI TAB Gida Yatirimlari AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was $-0.54.


TFI TAB Gida Yatirimlari 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.

TFI TAB Gida Yatirimlari AS's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=31.892/818.23*91
=7.11

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

TFI TAB Gida Yatirimlari AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2016 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)
=(113.099+0.75 * 31.892+0.5 * 37.124-691.442
-0-55.055)/1084.771
=-0.54

* 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.


TFI TAB Gida Yatirimlari AS Accounts Receivable Related Terms


TFI TAB Gida Yatirimlari AS Accounts Receivable Historical Data

* Premium members only.

The historical data trend for TFI TAB Gida Yatirimlari 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.

TFI TAB Gida Yatirimlari AS Accounts Receivable Chart

TFI TAB Gida Yatirimlari AS Annual Data
Trend Dec15 Dec16
Accounts Receivable
25.42 31.89

TFI TAB Gida Yatirimlari AS Semi-Annual Data
Dec15 Dec16
Accounts Receivable 25.42 31.89

TFI TAB Gida Yatirimlari 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 $31.89 Mil mean?
TFI TAB Gida Yatirimlari AS (TFIG) has a Accounts Receivable of $31.89 Mil as of Dec. 2016. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TFI TAB Gida Yatirimlari AS and its competitors.
Is TFI TAB Gida Yatirimlari AS's Accounts Receivable too high?
TFI TAB Gida Yatirimlari AS's current Accounts Receivable is $31.89 Mil.
How does TFI TAB Gida Yatirimlari AS's Accounts Receivable compare to ?
TFI TAB Gida Yatirimlari AS's Accounts Receivable of $31.89 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Accounts Receivable depends on the Restaurants 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 TFI TAB Gida Yatirimlari AS and its competitors. TFI TAB Gida Yatirimlari AS's current Accounts Receivable is $31.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFI TAB Gida Yatirimlari AS stock overvalued right now?
TFI TAB Gida Yatirimlari AS (TFIG) has a current Accounts Receivable of $31.89 Mil. The current Accounts Receivable is $31.89 Mil. 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 TFI TAB Gida Yatirimlari AS (TFIG), the current Accounts Receivable is $31.89 Mil as of Dec. 2016. 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.

TFI TAB Gida Yatirimlari AS Business Description

Comparable Companies
Address Dikilitas Mah. Emirhan Cad, No:109 Atakule Besiktas, Istanbul, TUR
TFI TAB Gida Yatirimlari AS acts as a restaurant operator. The company operates a broad range of quick service restaurants, (QSRs), mainly in Turkey and China. It provides a wide spectrum of restaurant concepts, encompassing hamburger, chicken, sandwich, Italian/pizza, and Turkish QSRs. The company operates more than 600 Burger King restaurants in Turkey. It acts as a franchisee of Popeyes, Arby's and Sbarro. It has developed its own fast food brand Usta Dönerci in Turkey. The company operates its restaurant in three channels namely mall, street in-line, and freestanding and airport. It operates through Quick service restaurants segment, Ecosystem, and Other segment. The majority of the company's revenue comes from Turkey.