GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Akin Tekstil AS (IST:ATEKS) » Definitions » Change In Receivables

Akin Tekstil AS (IST:ATEKS) Change In Receivables : ₺212 Mil (TTM As of Dec. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Akin Tekstil AS Change In Receivables?

Akin Tekstil AS's change in receivables for the quarter that ended in Dec. 2024 was ₺22 Mil. It means Akin Tekstil AS's Accounts Receivable declined by ₺22 Mil from Sep. 2024 to Dec. 2024 .

Akin Tekstil AS's change in receivables for the fiscal year that ended in Dec. 2024 was ₺212 Mil. It means Akin Tekstil AS's Accounts Receivable declined by ₺212 Mil from Dec. 2023 to Dec. 2024 .

Akin Tekstil AS's Accounts Receivable for the quarter that ended in Dec. 2024 was ₺357 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. Akin Tekstil AS's Days Sales Outstanding for the three months ended in Dec. 2024 was 61.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Akin Tekstil AS's liquidation value for the three months ended in Dec. 2024 was ₺-1,176 Mil.


Akin Tekstil AS Change In Receivables Historical Data

The historical data trend for Akin Tekstil 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.

* Premium members only.

Akin Tekstil AS Change In Receivables Chart

Akin Tekstil AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.80 -69.91 -158.50 -52.45 212.24

Akin Tekstil AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 35.32 32.39 50.11 107.92 21.82

Akin Tekstil 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺212 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.


Akin Tekstil AS  (IST:ATEKS) 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.

Akin Tekstil AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=357.44/532.1*91
=61.30

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

Akin Tekstil AS's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=48.458-1711.113+0.75 * 357.44+0.5 * 436.759
=-1,176

* 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.


Akin Tekstil AS Change In Receivables Related Terms

Thank you for viewing the detailed overview of Akin Tekstil AS's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Akin Tekstil AS Business Description

Traded in Other Exchanges
N/A
Address
Bakirkoy osmaniye mah, Number 5/1-2-3-4, Cirpici kosuyolu sok, Istanbul, TUR, 34144
Akin Tekstil AS is a Turkey-based company involved in the textile manufacturing business. The fabrics produced by the company include Yarn Dyed Gofre, Yarn Dyed Double, Yarn Dyed Barre, Yarn Dyed - Brushed and Twisted Yarn Piece Dyed among others.

Akin Tekstil AS Headlines

No Headlines