Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Change In Receivables : ₺-112 Mil (TTM As of Dec. 2023)

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What is Alfa Solar Enerjinayi Ve Ticaret AS Change In Receivables?

Alfa Solar Enerjinayi Ve Ticaret AS's change in receivables for the quarter that ended in Dec. 2023 was ₺136 Mil. It means Alfa Solar Enerjinayi Ve Ticaret AS's Accounts Receivable declined by ₺136 Mil from Sep. 2023 to Dec. 2023 .

Alfa Solar Enerjinayi Ve Ticaret AS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺-112 Mil. It means Alfa Solar Enerjinayi Ve Ticaret AS's Accounts Receivable increased by ₺112 Mil from Dec. 2022 to Dec. 2023 .

Alfa Solar Enerjinayi Ve Ticaret AS's Accounts Receivable for the quarter that ended in Dec. 2023 was ₺170 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. Alfa Solar Enerjinayi Ve Ticaret AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Alfa Solar Enerjinayi Ve Ticaret AS's liquidation value for the three months ended in Dec. 2023 was ₺-103 Mil.

Alfa Solar Enerjinayi Ve Ticaret AS Change In Receivables Historical Data

The historical data trend for Alfa Solar Enerjinayi Ve Ticaret AS'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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Alfa Solar Enerjinayi Ve Ticaret AS Change In Receivables Chart

Alfa Solar Enerjinayi Ve Ticaret AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-8.41

83.26

-111.82

Alfa Solar Enerjinayi Ve Ticaret AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial							55.31	4.95	-1.08	-251.89	136.21

Alfa Solar Enerjinayi Ve Ticaret AS 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-112 Mil.

Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) 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.

Alfa Solar Enerjinayi Ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	170.002	/	3412.208	*	91
=	4.55

2. In Ben Graham's calculation of liquidation value, Alfa Solar Enerjinayi Ve Ticaret AS's accounts receivable are only considered to be worth 75% of book value:

Alfa Solar Enerjinayi Ve Ticaret AS's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1431.878	-	2340.752	+	0.75 * 170.002	+	0.5 * 1357.632
=	-103

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Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Alfa Solar Enerji Sanayi Ve Ticaret AS (IST:ALFAS) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Balgat Mahallesi Mevlana Boulevard, No 139/A, Floor 9, Apartment No: 31, Yelken Plaza, Cankaya, Ankara, TUR

Website

https://www.alfasolarenerji.com

Alfa Solar Enerji Sanayi Ve Ticaret AS engages in the manufacturing of photovoltaic (PV) panels in an ultra-modern facility. Its product portfolio comprises Polycrystalline Panels, Monocrystalline Panels, and half-cut panels.

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