Aygaz AS (IST:AYGAZ) Change In Receivables: ₺-1,479 Mil (TTM As of Jun. 2026)

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IST:AYGAZ Aygaz AS IST:AYGAZ
53 GF Score
Price ₺330.00
GF Value ₺187.07
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Aygaz AS Change In Receivables?

Aygaz AS IST:AYGAZ +1.07% 53 Change In Receivables is ₺-1,479 Mil as of Jun. 2026. GuruFocus rates IST:AYGAZ with a GF Score™ of 53/100 and a GF Value™ of ₺187.07 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Aygaz AS's change in receivables for the quarter that ended in Jun. 2026 was ₺495 Mil. It means Aygaz AS's Accounts Receivable declined by ₺495 Mil from Mar. 2026 to Jun. 2026 .

Aygaz AS's change in receivables for the fiscal year that ended in Dec. 2025 was ₺156 Mil. It means Aygaz AS's Accounts Receivable declined by ₺156 Mil from Dec. 2024 to Dec. 2025 .

Aygaz AS's Accounts Receivable for the quarter that ended in Jun. 2026 was ₺5,505 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. Aygaz AS's Days Sales Outstanding for the three months ended in Jun. 2026 was 9.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aygaz AS's liquidation value for the three months ended in Jun. 2026 was ₺-712 Mil.


Aygaz AS  (IST:AYGAZ) 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.

Aygaz AS's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5504.648/53498.518*91
=9.39

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

Aygaz AS'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)
=7113.841-12639.313+0.75 * 5504.648+0.5 * 1369.386
=-712

* 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.


Aygaz AS Change In Receivables Related Terms


Aygaz AS Change In Receivables Historical Data

* Premium members only.

The historical data trend for Aygaz 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.

Aygaz AS Change In Receivables Chart

Aygaz 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 -650.73 -1,195.74 820.75 2,122.82 155.76

Aygaz AS 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 1,144.31 -325.29 -310.36 -1,338.31 494.77
IST:AYGAZ
53GF Score
Aygaz AS IST:AYGAZ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Aygaz 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-1,479 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 ₺-1,479 Mil mean?
Aygaz AS (IST:AYGAZ) has a Change In Receivables of ₺-1,479 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Aygaz AS and its competitors.
Is Aygaz AS's Change In Receivables too high?
Aygaz AS's current Change In Receivables is ₺-1,479 Mil. Overall, Aygaz AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aygaz AS's Change In Receivables compare to ATO and NI?
Aygaz AS's Change In Receivables of ₺-1,479 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Change In Receivables depends on the Utilities - Regulated 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 Aygaz AS and its competitors. Aygaz AS's current Change In Receivables is ₺-1,479 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aygaz AS stock overvalued right now?
Based on GuruFocus' analysis, Aygaz AS (IST:AYGAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺187.07, compared to a current price of ₺330.00 — trading 76.4% above its estimated fair value. The current Change In Receivables is ₺-1,479 Mil. Aygaz AS's overall GF Score™ is 53/100 with 8 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 Aygaz AS (IST:AYGAZ), the current Change In Receivables is ₺-1,479 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 Aygaz AS (IST:AYGAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Aygaz AS stock appears to be overvalued. The current stock price of ₺330.00 is trading 76.4% above its estimated GF Value™ of ₺187.07. GuruFocus considers Aygaz AS to be Significantly Overvalued.

Key valuation signals for IST:AYGAZ:

  • Change In Receivables: ₺-1,479 Mil
  • GF Value™: ₺187.07 vs. price of ₺330.00 (76.4% above fair value)
  • GF Score™: 53/100 with 8 warning signs

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


Aygaz AS Business Description

Address Buyukdere Caddesi No: 145-1, Aygaz Han, Zincirlikuyu, Sisli, Istanbul, TUR, 34394
Aygaz AS is a gas company engaged in the sale and distribution of liquefied petroleum gas, or LPG, and natural gas products in Turkey. The group has three operating segments which are LPG and gas, cargo transportation and distribution, petroleum products, and electricity. It generates the majority of its revenue from the LPG and gas segment.
53GF Score

Get the complete analysis for IST:AYGAZ

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

₺330.00
Price
₺187.07
GF Value