Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Change In Receivables: ₺-27,542 Mil (TTM As of Mar. 2026)

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IST:ASELS Aselsan Elektronik Sanayi Ve Ticaret AS IST:ASELS
79 GF Score
Price ₺352.50
GF Value ₺116.96
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Aselsan Elektroniknayi Ve Ticaret AS Change In Receivables?

Aselsan Elektroniknayi Ve Ticaret AS IST:ASELS +1.15% 79 Change In Receivables is ₺-27,542 Mil as of Mar. 2026. GuruFocus rates IST:ASELS with a GF Score™ of 79/100 and a GF Value™ of ₺116.96 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Aselsan Elektroniknayi Ve Ticaret AS's change in receivables for the quarter that ended in Mar. 2026 was ₺8,145 Mil. It means Aselsan Elektroniknayi Ve Ticaret AS's Accounts Receivable declined by ₺8,145 Mil from Dec. 2025 to Mar. 2026 .

Aselsan Elektroniknayi Ve Ticaret AS's change in receivables for the fiscal year that ended in Dec. 2025 was ₺-23,799 Mil. It means Aselsan Elektroniknayi Ve Ticaret AS's Accounts Receivable increased by ₺23,799 Mil from Dec. 2024 to Dec. 2025 .

Aselsan Elektroniknayi Ve Ticaret AS's Accounts Receivable for the quarter that ended in Mar. 2026 was ₺41,524 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. Aselsan Elektroniknayi Ve Ticaret AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 110.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aselsan Elektroniknayi Ve Ticaret AS's liquidation value for the three months ended in Mar. 2026 was ₺-97,261 Mil.


Aselsan Elektroniknayi Ve Ticaret AS  (IST:ASELS) 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.

Aselsan Elektroniknayi Ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=41523.978/34305.8*91
=110.45

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

Aselsan Elektroniknayi Ve Ticaret AS's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=31005.73-202281.032+0.75 * 41523.978+0.5 * 85742.892
=-97,261

* 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.


Aselsan Elektroniknayi Ve Ticaret AS Change In Receivables Related Terms


Aselsan Elektroniknayi Ve Ticaret AS Change In Receivables Historical Data

* Premium members only.

The historical data trend for Aselsan Elektroniknayi 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.

Aselsan Elektroniknayi Ve Ticaret AS Change In Receivables Chart

Aselsan Elektroniknayi Ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,540.82 -21,221.32 -28,088.67 2,765.38 -23,799.01

Aselsan Elektroniknayi Ve Ticaret AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11,887.78 1,417.63 -9,346.21 -27,758.22 8,144.59
IST:ASELS
79GF Score
Aselsan Elektronik Sanayi Ve Ticaret AS IST:ASELS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Aselsan Elektroniknayi 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-27,542 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 ₺-27,542 Mil mean?
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) has a Change In Receivables of ₺-27,542 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Aselsan Elektroniknayi Ve Ticaret AS and its competitors.
Is Aselsan Elektroniknayi Ve Ticaret AS's Change In Receivables too high?
Aselsan Elektroniknayi Ve Ticaret AS's current Change In Receivables is ₺-27,542 Mil. Overall, Aselsan Elektroniknayi Ve Ticaret AS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aselsan Elektroniknayi Ve Ticaret AS's Change In Receivables compare to SPCX and GE?
Aselsan Elektroniknayi Ve Ticaret AS's Change In Receivables of ₺-27,542 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Change In Receivables depends on the Aerospace & Defense 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 Aselsan Elektroniknayi Ve Ticaret AS and its competitors. Aselsan Elektroniknayi Ve Ticaret AS's current Change In Receivables is ₺-27,542 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aselsan Elektroniknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺116.96, compared to a current price of ₺352.50 — trading 201.4% above its estimated fair value. The current Change In Receivables is ₺-27,542 Mil. Aselsan Elektroniknayi Ve Ticaret AS's overall GF Score™ is 79/100 with 4 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 Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS), the current Change In Receivables is ₺-27,542 Mil as of Mar. 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 Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Overvalued in 2026?

Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺352.50 is trading 201.4% above its estimated GF Value™ of ₺116.96. GuruFocus considers Aselsan Elektroniknayi Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:ASELS:

  • Change In Receivables: ₺-27,542 Mil
  • GF Value™: ₺116.96 vs. price of ₺352.50 (201.4% above fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Aselsan Elektroniknayi Ve Ticaret AS Business Description

Address Mehmet Akif Ersoy Mahallesi 296, Cadde No.16, Yenimahalle, Ankara, TUR, 06370
Aselsan Elektronik Sanayi Ve Ticaret AS provides defense technologies to the Turkish armed forces. Additionally, it exports systems and solutions to clients in other countries and has taken on civil projects. Its products may help with communications, radars, sensing, or other defense systems to enhance proficiencies within the industrials sector. Marketing efforts may be geared toward a specific customer or specific segment in the market, and plans are implemented to showcase product capabilities.
79GF Score

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

₺352.50
Price
₺116.96
GF Value