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ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) Change In Receivables : ₺-491.5 Mil (TTM As of Sep. 2023)


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What is ARD Grup Bilisim Teknolojileri AS Change In Receivables?

ARD Grup Bilisim Teknolojileri AS's change in receivables for the quarter that ended in Sep. 2023 was ₺-200.7 Mil. It means ARD Grup Bilisim Teknolojileri AS's Accounts Receivable increased by ₺200.7 Mil from Jun. 2023 to Sep. 2023 .

ARD Grup Bilisim Teknolojileri AS's change in receivables for the fiscal year that ended in Dec. 2022 was ₺-355.3 Mil. It means ARD Grup Bilisim Teknolojileri AS's Accounts Receivable increased by ₺355.3 Mil from Dec. 2021 to Dec. 2022 .

ARD Grup Bilisim Teknolojileri AS's Accounts Receivable for the quarter that ended in Sep. 2023 was ₺715.6 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. ARD Grup Bilisim Teknolojileri AS's Days Sales Outstanding for the three months ended in Sep. 2023 was 205.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ARD Grup Bilisim Teknolojileri AS's liquidation value for the three months ended in Sep. 2023 was ₺217.5 Mil.


ARD Grup Bilisim Teknolojileri AS Change In Receivables Historical Data

The historical data trend for ARD Grup Bilisim Teknolojileri 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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ARD Grup Bilisim Teknolojileri AS Change In Receivables Chart

ARD Grup Bilisim Teknolojileri AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial - -11.39 -21.79 -55.06 -355.34

ARD Grup Bilisim Teknolojileri AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -67.01 -218.05 13.73 -86.46 -200.73

ARD Grup Bilisim Teknolojileri 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-491.5 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.


ARD Grup Bilisim Teknolojileri AS  (IST:ARDYZ) 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.

ARD Grup Bilisim Teknolojileri AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=715.585/318.312*91
=205.14

2. In Ben Graham's calculation of liquidation value, ARD Grup Bilisim Teknolojileri AS's accounts receivable are only considered to be worth 75% of book value:

ARD Grup Bilisim Teknolojileri AS's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=122.365-451.907+0.75 * 715.585+0.5 * 20.755
=217.5

* 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.


ARD Grup Bilisim Teknolojileri AS Change In Receivables Related Terms

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ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) Business Description

Traded in Other Exchanges
N/A
Address
Hacettepe Unit. Technocity 1. R&D No: 20, Ankara, TUR, 06800
ARD Grup Bilisim Teknolojileri AS is engaged in software development. It offers architecture solutions, software development, enterprise software solutions, cloud solutions, cybersecurity software.

ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) Headlines

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