Erciyas Celik Borunayi (IST:ERCB) Change In Receivables: ₺941 Mil (TTM As of Mar. 2026)

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IST:ERCB Erciyas Celik Boru Sanayi IST:ERCB
31 GF Score
Price ₺47.80
GF Value ₺93.47
Valuation Possible Value Trap
! 9 Warning Signs
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What is Erciyas Celik Borunayi Change In Receivables?

Erciyas Celik Borunayi IST:ERCB -0.87% 31 Change In Receivables is ₺941 Mil as of Mar. 2026. GuruFocus rates IST:ERCB with a GF Score™ of 31/100 and a GF Value™ of ₺93.47 (Possible Value Trap). The stock has 9 warning signs investors should review.

Erciyas Celik Borunayi's change in receivables for the quarter that ended in Mar. 2026 was ₺-430 Mil. It means Erciyas Celik Borunayi's Accounts Receivable increased by ₺430 Mil from Dec. 2025 to Mar. 2026 .

Erciyas Celik Borunayi's change in receivables for the fiscal year that ended in Dec. 2025 was ₺-151 Mil. It means Erciyas Celik Borunayi's Accounts Receivable increased by ₺151 Mil from Dec. 2024 to Dec. 2025 .

Erciyas Celik Borunayi's Accounts Receivable for the quarter that ended in Mar. 2026 was ₺3,133 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. Erciyas Celik Borunayi's Days Sales Outstanding for the three months ended in Mar. 2026 was 288.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Erciyas Celik Borunayi's liquidation value for the three months ended in Mar. 2026 was ₺-9,075 Mil.


Erciyas Celik Borunayi  (IST:ERCB) 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.

Erciyas Celik Borunayi's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3133.33/990.771*91
=288.58

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

Erciyas Celik Borunayi'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)
=576.252-12342.205+0.75 * 3133.33+0.5 * 681.483
=-9,075

* 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.


Erciyas Celik Borunayi Change In Receivables Related Terms


Erciyas Celik Borunayi Change In Receivables Historical Data

* Premium members only.

The historical data trend for Erciyas Celik Borunayi'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.

Erciyas Celik Borunayi Change In Receivables Chart

Erciyas Celik Borunayi Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial -366.13 -1,081.83 -2,303.67 -3,011.54 -150.90

Erciyas Celik Borunayi 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 -1,522.33 2,025.24 -682.43 28.62 -430.16
IST:ERCB
31GF Score
Erciyas Celik Boru Sanayi IST:ERCB
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Erciyas Celik Borunayi 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 ₺941 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 ₺941 Mil mean?
Erciyas Celik Borunayi (IST:ERCB) has a Change In Receivables of ₺941 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Erciyas Celik Borunayi and its competitors.
Is Erciyas Celik Borunayi's Change In Receivables too high?
Erciyas Celik Borunayi's current Change In Receivables is ₺941 Mil. Overall, Erciyas Celik Borunayi has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erciyas Celik Borunayi's Change In Receivables compare to NUE and STLD?
Erciyas Celik Borunayi's Change In Receivables of ₺941 Mil can be compared against companies in the Steel 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 Steel company?
A good Change In Receivables depends on the Steel 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 Erciyas Celik Borunayi and its competitors. Erciyas Celik Borunayi's current Change In Receivables is ₺941 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erciyas Celik Borunayi stock overvalued right now?
Based on GuruFocus' analysis, Erciyas Celik Borunayi (IST:ERCB) is currently considered Possible Value Trap. The stock's GF Value™ is ₺93.47, compared to a current price of ₺47.80 — trading 48.9% below its estimated fair value. The current Change In Receivables is ₺941 Mil. Erciyas Celik Borunayi's overall GF Score™ is 31/100 with 9 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 Erciyas Celik Borunayi (IST:ERCB), the current Change In Receivables is ₺941 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 Erciyas Celik Borunayi (IST:ERCB) Overvalued in 2026?

Based on GuruFocus' analysis, Erciyas Celik Borunayi stock appears to be undervalued. The current stock price of ₺47.80 is trading 48.9% below its estimated GF Value™ of ₺93.47. GuruFocus considers Erciyas Celik Borunayi to be Possible Value Trap.

Key valuation signals for IST:ERCB:

  • Change In Receivables: ₺941 Mil
  • GF Value™: ₺93.47 vs. price of ₺47.80 (48.9% below fair value)
  • GF Score™: 31/100 with 9 warning signs

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


Erciyas Celik Borunayi Business Description

Address Palladium Tower Barbaros M. Halk Cd. Kardelen, Sk. No:2/1 Kat:25-26 34746 Atasehir, Istanbul, TUR
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.
31GF Score

Get the complete analysis for IST:ERCB

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

₺47.80
Price
₺93.47
GF Value