ERELY (Eregli Demir Ve Celik Fabrikalari TAS) Change In Receivables : $-3 Mil (TTM As of Sep. 2024)

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What is Eregli Demir Ve Celik Fabrikalari TAS Change In Receivables?

Eregli Demir Ve Celik Fabrikalari TAS's change in receivables for the quarter that ended in Sep. 2024 was $55 Mil. It means Eregli Demir Ve Celik Fabrikalari TAS's Accounts Receivable declined by $55 Mil from Jun. 2024 to Sep. 2024 .

Eregli Demir Ve Celik Fabrikalari TAS's change in receivables for the fiscal year that ended in Dec. 2023 was $184 Mil. It means Eregli Demir Ve Celik Fabrikalari TAS's Accounts Receivable declined by $184 Mil from Dec. 2022 to Dec. 2023 .

Eregli Demir Ve Celik Fabrikalari TAS's Accounts Receivable for the quarter that ended in Sep. 2024 was $692 Mil.

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 Receivable are being managed. Eregli Demir Ve Celik Fabrikalari TAS's Days Sales Outstanding for the three months ended in Sep. 2024 was 44.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eregli Demir Ve Celik Fabrikalari TAS's liquidation value for the three months ended in Sep. 2024 was $-1,735 Mil.

Eregli Demir Ve Celik Fabrikalari TAS Change In Receivables Historical Data

The historical data trend for Eregli Demir Ve Celik Fabrikalari TAS's Change In Receivables 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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Eregli Demir Ve Celik Fabrikalari TAS Change In Receivables Chart

Eregli Demir Ve Celik Fabrikalari TAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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292.86

44.40

-289.64

35.23

183.65

Eregli Demir Ve Celik Fabrikalari TAS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-36.74	-18.33	-8.19	-31.63	55.30

Eregli Demir Ve Celik Fabrikalari TAS Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3 Mil.

Eregli Demir Ve Celik Fabrikalari TAS (OTCPK:ERELY) Change In Receivables 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 Receivable are being managed.

Eregli Demir Ve Celik Fabrikalari TAS's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	692.398	/	1432.806	*	91
=	44.10

2. In Ben Graham's calculation of liquidation value, Eregli Demir Ve Celik Fabrikalari TAS's accounts receivable are only considered to be worth 75% of book value:

Eregli Demir Ve Celik Fabrikalari TAS's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1539.547	-	5064.639	+	0.75 * 692.398	+	0.5 * 2541.408
=	-1,735

Eregli Demir Ve Celik Fabrikalari TAS Change In Receivables Related Terms

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Eregli Demir Ve Celik Fabrikalari TAS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Eregli Demir Ve Celik Fabrikalari TAS (OTCPK:ERELY) » Definitions » Change In Receivables

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Traded in Other Exchanges

EREGL:Turkey EDVA:Germany

Address

Barbaros Mahallesi Ardic Sok No: 6, Atasehir, Istanbul, TUR, 34746

Website

https://www.erdemir.com.tr

Eregli Demir Ve Celik Fabrikalari TAS is a Turkey-based company engaged in production of flat steel, long steel and other steel products. The company also provides engineering and project management services, as well as port services. As well, the company owns an iron ore mining arm. The company's steel products include hot-rolled product, cold-rolled product, galvanized products, metal packaging steel, billet, wire-rod, etc. These products are used in the automotive sector, manufacturing industry, projected works, consumer products, packaging industries and others. Most of the company's revenue comes from the Turkish domestic market.