CVK Maden Isletmelerinayi ve Ticaret AS (IST:CVKMD) Change In Receivables: ₺295 Mil (TTM As of Mar. 2026)

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IST:CVKMD CVK Maden Isletmeleri Sanayi ve Ticaret AS IST:CVKMD
69 GF Score
Price ₺16.79
GF Value ₺5.90
Valuation Significantly Overvalued
! 11 Warning Signs
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What is CVK Maden Isletmelerinayi ve Ticaret AS Change In Receivables?

CVK Maden Isletmelerinayi ve Ticaret AS IST:CVKMD +5.60% 69 Change In Receivables is ₺295 Mil as of Mar. 2026. GuruFocus rates IST:CVKMD with a GF Score™ of 69/100 and a GF Value™ of ₺5.90 (Significantly Overvalued). The stock has 11 warning signs investors should review.

CVK Maden Isletmelerinayi ve Ticaret AS's change in receivables for the quarter that ended in Mar. 2026 was ₺30 Mil. It means CVK Maden Isletmelerinayi ve Ticaret AS's Accounts Receivable declined by ₺30 Mil from Dec. 2025 to Mar. 2026 .

CVK Maden Isletmelerinayi ve Ticaret AS's change in receivables for the fiscal year that ended in Dec. 2025 was ₺42 Mil. It means CVK Maden Isletmelerinayi ve Ticaret AS's Accounts Receivable declined by ₺42 Mil from Dec. 2024 to Dec. 2025 .

CVK Maden Isletmelerinayi ve Ticaret AS's Accounts Receivable for the quarter that ended in Mar. 2026 was ₺53 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. CVK Maden Isletmelerinayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 6.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CVK Maden Isletmelerinayi ve Ticaret AS's liquidation value for the three months ended in Mar. 2026 was ₺-13,390 Mil.


CVK Maden Isletmelerinayi ve Ticaret AS  (IST:CVKMD) 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.

CVK Maden Isletmelerinayi 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
=53.177/712.279*91
=6.81

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

CVK Maden Isletmelerinayi 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)
=906.962-14679.737+0.75 * 53.177+0.5 * 685.651
=-13,390

* 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.


CVK Maden Isletmelerinayi ve Ticaret AS Change In Receivables Related Terms


CVK Maden Isletmelerinayi ve Ticaret AS Change In Receivables Historical Data

* Premium members only.

The historical data trend for CVK Maden Isletmelerinayi 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.

CVK Maden Isletmelerinayi ve Ticaret AS Change In Receivables Chart

CVK Maden Isletmelerinayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 0.00 -117.92 36.06 222.34 42.06

CVK Maden Isletmelerinayi ve Ticaret AS Quarterly Data
Dec20 Dec21 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 -223.27 41.21 28.07 196.05 30.13
IST:CVKMD
69GF Score
CVK Maden Isletmeleri Sanayi ve Ticaret AS IST:CVKMD
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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CVK Maden Isletmelerinayi 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 ₺295 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 ₺295 Mil mean?
CVK Maden Isletmelerinayi ve Ticaret AS (IST:CVKMD) has a Change In Receivables of ₺295 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for CVK Maden Isletmelerinayi ve Ticaret AS and its competitors.
Is CVK Maden Isletmelerinayi ve Ticaret AS's Change In Receivables too high?
CVK Maden Isletmelerinayi ve Ticaret AS's current Change In Receivables is ₺295 Mil. Overall, CVK Maden Isletmelerinayi ve Ticaret AS has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CVK Maden Isletmelerinayi ve Ticaret AS's Change In Receivables compare to competitors?
CVK Maden Isletmelerinayi ve Ticaret AS's Change In Receivables of ₺295 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining 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 CVK Maden Isletmelerinayi ve Ticaret AS and its competitors. CVK Maden Isletmelerinayi ve Ticaret AS's current Change In Receivables is ₺295 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVK Maden Isletmelerinayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, CVK Maden Isletmelerinayi ve Ticaret AS (IST:CVKMD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺5.90, compared to a current price of ₺16.79 — trading 184.6% above its estimated fair value. The current Change In Receivables is ₺295 Mil. CVK Maden Isletmelerinayi ve Ticaret AS's overall GF Score™ is 69/100 with 11 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 CVK Maden Isletmelerinayi ve Ticaret AS (IST:CVKMD), the current Change In Receivables is ₺295 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 CVK Maden Isletmelerinayi ve Ticaret AS (IST:CVKMD) Overvalued in 2026?

Based on GuruFocus' analysis, CVK Maden Isletmelerinayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺16.79 is trading 184.6% above its estimated GF Value™ of ₺5.90. GuruFocus considers CVK Maden Isletmelerinayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:CVKMD:

  • Change In Receivables: ₺295 Mil
  • GF Value™: ₺5.90 vs. price of ₺16.79 (184.6% above fair value)
  • GF Score™: 69/100 with 11 warning signs

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


CVK Maden Isletmelerinayi ve Ticaret AS Business Description

Address Muallim Naci Caddesi No: 105/B Besiktas, Kurucesme Mahallesi, Istanbul, TUR, 34353
CVK Maden Isletmeleri Sanayi ve Ticaret engages in manufacturing and fully exporting concentrated and lumpy chromite ore, concentrated lead-zinc, copper and silver ore products, and marble and travertine natural stone products. Its products comprise Lead Concentrate, Chrome Concentrate, Zinc Concentrate, and Gold.
69GF Score

Get the complete analysis for IST:CVKMD

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

₺16.79
Price
₺5.90
GF Value