HEPS (D-MARKET Electronic Services & Trading) Change In Receivables: $57 Mil (TTM As of Jun. 2026)

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HEPS D-MARKET Electronic Services & Trading HEPS
64 GF Score
Price $2.93
GF Value $2.03
Valuation Significantly Overvalued
! 6 Warning Signs
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What is D-MARKET Electronic Services & Trading Change In Receivables?

D-MARKET Electronic Services & Trading HEPS +5.78% 64 Change In Receivables is $57 Mil as of Jun. 2026. GuruFocus rates HEPS with a GF Score™ of 64/100 and a GF Value™ of $2.03 (Significantly Overvalued). The stock has 6 warning signs investors should review.

D-MARKET Electronic Services & Trading's change in receivables for the quarter that ended in Jun. 2026 was $4 Mil. It means D-MARKET Electronic Services & Trading's Accounts Receivable declined by $4 Mil from Mar. 2026 to Jun. 2026 .

D-MARKET Electronic Services & Trading's change in receivables for the fiscal year that ended in Dec. 2025 was $-2 Mil. It means D-MARKET Electronic Services & Trading's Accounts Receivable increased by $2 Mil from Dec. 2024 to Dec. 2025 .

D-MARKET Electronic Services & Trading's Accounts Receivable for the quarter that ended in Jun. 2026 was $115 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. D-MARKET Electronic Services & Trading's Days Sales Outstanding for the three months ended in Jun. 2026 was 21.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. D-MARKET Electronic Services & Trading's liquidation value for the three months ended in Jun. 2026 was $-351 Mil.


D-MARKET Electronic Services & Trading  (NAS:HEPS) 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.

D-MARKET Electronic Services & Trading's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=115.13/493.531*91
=21.29

2. In Ben Graham's calculation of liquidation value, D-MARKET Electronic Services & Trading's accounts receivable are only considered to be worth 75% of book value:

D-MARKET Electronic Services & Trading's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=195.615-728.716+0.75 * 115.13+0.5 * 192.003
=-351

* 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.


D-MARKET Electronic Services & Trading Change In Receivables Related Terms


D-MARKET Electronic Services & Trading Change In Receivables Historical Data

* Premium members only.

The historical data trend for D-MARKET Electronic Services & Trading'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.

D-MARKET Electronic Services & Trading Change In Receivables Chart

D-MARKET Electronic Services & Trading Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 10.88 -36.54 -94.38 -77.57 -1.84

D-MARKET Electronic Services & Trading Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables 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 -21.07 19.16 -11.91 45.49 3.79
HEPS
64GF Score
D-MARKET Electronic Services & Trading HEPS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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D-MARKET Electronic Services & Trading 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $57 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $57 Mil mean?
D-MARKET Electronic Services & Trading (HEPS) has a Change In Receivables of $57 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for D-MARKET Electronic Services & Trading and its competitors.
Is D-MARKET Electronic Services & Trading's Change In Receivables too high?
D-MARKET Electronic Services & Trading's current Change In Receivables is $57 Mil. Overall, D-MARKET Electronic Services & Trading has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-MARKET Electronic Services & Trading's Change In Receivables compare to AMZN and BABA?
D-MARKET Electronic Services & Trading's Change In Receivables of $57 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for D-MARKET Electronic Services & Trading and its competitors. D-MARKET Electronic Services & Trading's current Change In Receivables is $57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-MARKET Electronic Services & Trading stock overvalued right now?
Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading (HEPS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.03, compared to a current price of $2.93 — trading 44.3% above its estimated fair value. The current Change In Receivables is $57 Mil. D-MARKET Electronic Services & Trading's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For D-MARKET Electronic Services & Trading (HEPS), the current Change In Receivables is $57 Mil as of Jun. 2026. 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.

Is D-MARKET Electronic Services & Trading (HEPS) Overvalued in 2026?

Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading stock appears to be overvalued. The current stock price of $2.93 is trading 44.3% above its estimated GF Value™ of $2.03. GuruFocus considers D-MARKET Electronic Services & Trading to be Significantly Overvalued.

Key valuation signals for HEPS:

  • Change In Receivables: $57 Mil
  • GF Value™: $2.03 vs. price of $2.93 (44.3% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the HEPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D-MARKET Electronic Services & Trading Business Description

Other Exchanges HEPSD:Kazakhstan8WZ:Germany
Address Kustepe Mahallesi Mecidiyekoy Yolu, Trump Tower, Cadde no: 12 Tower: 2 Floor:2, K2 Sisli, Istanbul, TUR, 34387
D-MARKET Electronic Services & Trading offers an e-commerce platform in Turkey and the surrounding region. The company is comprised of one reportable segment, namely e-commerce operations. It's portfolio offers its retail customers a wide selection of merchandise including electronics and non-electronics (including books, sports, toys, kids and baby products, cosmetics, furniture, etc). The Group derives revenue from the sales of goods, marketplace revenues and other revenues.
64GF Score

Get the complete analysis for HEPS

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.93
Price
$2.03
GF Value