GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trakya Cam Sanayii AS (GREY:TRKCY) » Definitions » Accounts Receivable

Trakya Camnayii AS (Trakya Camnayii AS) Accounts Receivable : $561.58 Mil (As of Dec. 2020)


View and export this data going back to 2013. Start your Free Trial

What is Trakya Camnayii AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trakya Camnayii AS's accounts receivables for the quarter that ended in Dec. 2020 was $561.58 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Trakya Camnayii AS's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 58.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Trakya Camnayii AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $-2.19.


Trakya Camnayii AS Accounts Receivable Historical Data

The historical data trend for Trakya Camnayii 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.

Trakya Camnayii AS Accounts Receivable Chart

Trakya Camnayii AS Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 200.17 183.35 184.23 158.91 561.58

Trakya Camnayii AS Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 158.91 127.65 114.22 575.77 561.58

Trakya Camnayii AS Accounts Receivable Calculation

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


Trakya Camnayii 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.

Trakya Camnayii AS's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=561.582/869.856*91
=58.91

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

Trakya Camnayii AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(1493.118+0.75 * 561.582+0.5 * 542.116-2818.597
-0-38.491)/306.766
=-2.19

* 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.


Trakya Camnayii AS Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Trakya Camnayii AS's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Trakya Camnayii AS (Trakya Camnayii AS) Business Description

Traded in Other Exchanges
N/A
Address
Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44A, Tuzla, Istanbul, TUR, 34947
Trakya Cam Sanayii AS is a building materials company engaged in glass manufacturing. The company creates glass products that include solar glass, automobile glass, home appliance glass, and architectural glass. Trakya's solar glass is utilized for photovoltaics and thermal collectors, while its home appliance glass segment is used in ovens and refrigerators. The company's architectural glass segment is used in retail stores, high-rise buildings, and airports. These core offering are supplemented by other products, such as energy efficient glass, which utilizes heat controlled insulation. The company generates the majority of its revenue in Turkey.

Trakya Camnayii AS (Trakya Camnayii AS) Headlines

No Headlines