Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Change In Receivables : ₺-143.5 Mil (TTM As of Sep. 2024)

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What is Hitit Bilgisayar Hizmetleri AS Change In Receivables?

Hitit Bilgisayar Hizmetleri AS's change in receivables for the quarter that ended in Sep. 2024 was ₺-14.0 Mil. It means Hitit Bilgisayar Hizmetleri AS's Accounts Receivable increased by ₺14.0 Mil from Jun. 2024 to Sep. 2024 .

Hitit Bilgisayar Hizmetleri AS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺-104.9 Mil. It means Hitit Bilgisayar Hizmetleri AS's Accounts Receivable increased by ₺104.9 Mil from Dec. 2022 to Dec. 2023 .

Hitit Bilgisayar Hizmetleri AS's Accounts Receivable for the quarter that ended in Sep. 2024 was ₺287.4 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. Hitit Bilgisayar Hizmetleri AS's Days Sales Outstanding for the three months ended in Sep. 2024 was 86.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hitit Bilgisayar Hizmetleri AS's liquidation value for the three months ended in Sep. 2024 was ₺199.3 Mil.

Hitit Bilgisayar Hizmetleri AS Change In Receivables Historical Data

The historical data trend for Hitit Bilgisayar Hizmetleri 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.

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Hitit Bilgisayar Hizmetleri AS Change In Receivables Chart

Hitit Bilgisayar Hizmetleri AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-4.88

-7.32

-24.14

-50.30

-104.92

Hitit Bilgisayar Hizmetleri AS Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial														-8.99	-25.09	-48.38	-56.02	-13.99

Hitit Bilgisayar Hizmetleri 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-143.5 Mil.

Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) 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.

Hitit Bilgisayar Hizmetleri AS's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	287.403	/	303.051	*	91
=	86.54

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

Hitit Bilgisayar Hizmetleri AS's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	459.193	-	475.421	+	0.75 * 287.403	+	0.5 * 0
=	199.3

Hitit Bilgisayar Hizmetleri AS Change In Receivables Related Terms

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Hitit Bilgisayar Hizmetleri AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) » Definitions » Change In Receivables

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Address

Resitpasa Mah. Katar Cad. No: 4/1 Ari, Teknokent 2 Ic Kapi No: 601 34469, Maslak, Istanbul, TUR

Website

https://www.hitit.com

Hitit Bilgisayar Hizmetleri AS is a provider of airline IT solutions intended to meet the needs of industry players in the travel industry. The company's solutions offer a comprehensive suite that covers the entire operational life-circle, web-based airline reservations and ticketing systems, schedule and crew planning through core passenger service and ground-handling needs, industrial-standard accounting, reporting tools, as well as complementing solutions such as loyalty, customer management, multiple sales and distribution channels.

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