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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.
Formul Plastik Ve Metalnayi AS's Days Sales Outstanding for the
three
months ended in Jun. 2026 was 46.53.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Formul Plastik Ve Metalnayi AS's liquidation value for the
three
months ended in Jun. 2026 was ₺-217 Mil.
Formul Plastik Ve Metalnayi AS (IST:FRMPL) 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.
Formul Plastik Ve Metalnayi AS's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:
2. In Ben Graham's calculation of liquidation value, Formul Plastik Ve Metalnayi AS's accounts receivable are only considered to be worth 75% of book value:
Formul Plastik Ve Metalnayi AS's liquidation value for the quarter that ended in Jun. 2026 is calculated as:
* 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.
Formul Plastik Ve Metalnayi AS Change In Receivables Related Terms
Formul Plastik Ve Metalnayi AS Change In Receivables Historical Data
* 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.
Formul Plastik Ve Metalnayi AS Change In Receivables Chart
Formul Plastik Ve Metalnayi 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 ₺717 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.
What does a Change In Receivables of ₺717 Mil mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Change In Receivables of ₺717 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Formul Plastik Ve Metalnayi AS and its competitors.
Is Formul Plastik Ve Metalnayi AS's Change In Receivables too high?
Formul Plastik Ve Metalnayi AS's current Change In Receivables is ₺717 Mil. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Change In Receivables compare to CRH and VMC?
Formul Plastik Ve Metalnayi AS's Change In Receivables of ₺717 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Change In Receivables depends on the Building Materials 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 Formul Plastik Ve Metalnayi AS and its competitors. Formul Plastik Ve Metalnayi AS's current Change In Receivables is ₺717 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Change In Receivables of ₺717 Mil. The current Change In Receivables is ₺717 Mil. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 23/100 with 2 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 Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Change In Receivables is ₺717 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.
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
23GF Score
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