Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Change In Receivables: ₺-119 Mil (TTM As of Mar. 2026)

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IST:HTTBT Hitit Bilgisayar Hizmetleri AS IST:HTTBT
86 GF Score
Price ₺37.30
GF Value ₺86.33
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Hitit Bilgisayar Hizmetleri AS Change In Receivables?

Hitit Bilgisayar Hizmetleri AS IST:HTTBT +1.19% 86 Change In Receivables is ₺-119 Mil as of Mar. 2026. GuruFocus rates IST:HTTBT with a GF Score™ of 86/100 and a GF Value™ of ₺86.33 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Hitit Bilgisayar Hizmetleri AS's change in receivables for the quarter that ended in Mar. 2026 was ₺-60 Mil. It means Hitit Bilgisayar Hizmetleri AS's Accounts Receivable increased by ₺60 Mil from Dec. 2025 to Mar. 2026 .

Hitit Bilgisayar Hizmetleri AS's change in receivables for the fiscal year that ended in Dec. 2025 was ₺-95 Mil. It means Hitit Bilgisayar Hizmetleri AS's Accounts Receivable increased by ₺95 Mil from Dec. 2024 to Dec. 2025 .

Hitit Bilgisayar Hizmetleri AS's Accounts Receivable for the quarter that ended in Mar. 2026 was ₺501 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 Mar. 2026 was 92.31.

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 Mar. 2026 was ₺118 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 Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=500.59/494.825*91
=92.31

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 Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=299.834-557.758+0.75 * 500.59+0.5 * 0
=118

* 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.


Hitit Bilgisayar Hizmetleri AS Change In Receivables Related Terms


Hitit Bilgisayar Hizmetleri AS Change In Receivables Historical Data

* Premium members only.

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.

Hitit Bilgisayar Hizmetleri AS Change In Receivables Chart

Hitit Bilgisayar Hizmetleri AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial -24.14 -50.30 -104.92 -161.15 -94.85

Hitit Bilgisayar Hizmetleri AS 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 -35.59 -9.81 -82.68 33.22 -59.86
IST:HTTBT
86GF Score
Hitit Bilgisayar Hizmetleri AS IST:HTTBT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-119 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 ₺-119 Mil mean?
Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) has a Change In Receivables of ₺-119 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hitit Bilgisayar Hizmetleri AS and its competitors.
Is Hitit Bilgisayar Hizmetleri AS's Change In Receivables too high?
Hitit Bilgisayar Hizmetleri AS's current Change In Receivables is ₺-119 Mil. Overall, Hitit Bilgisayar Hizmetleri AS has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hitit Bilgisayar Hizmetleri AS's Change In Receivables compare to QH and SHOP?
Hitit Bilgisayar Hizmetleri AS's Change In Receivables of ₺-119 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Hitit Bilgisayar Hizmetleri AS and its competitors. Hitit Bilgisayar Hizmetleri AS's current Change In Receivables is ₺-119 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitit Bilgisayar Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺86.33, compared to a current price of ₺37.30 — trading 56.8% below its estimated fair value. The current Change In Receivables is ₺-119 Mil. Hitit Bilgisayar Hizmetleri AS's overall GF Score™ is 86/100 with 3 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT), the current Change In Receivables is ₺-119 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Overvalued in 2026?

Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS stock appears to be undervalued. The current stock price of ₺37.30 is trading 56.8% below its estimated GF Value™ of ₺86.33. GuruFocus considers Hitit Bilgisayar Hizmetleri AS to be Significantly Undervalued.

Key valuation signals for IST:HTTBT:

  • Change In Receivables: ₺-119 Mil
  • GF Value™: ₺86.33 vs. price of ₺37.30 (56.8% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Hitit Bilgisayar Hizmetleri AS Business Description

Address Resitpasa Mah. Katar Cad. No: 4/1 Ari, Teknokent 2 Ic Kapi No: 601 34469, Maslak, Istanbul, TUR
Hitit Bilgisayar Hizmetleri AS develops software solutions for airlines, travel companies and airports, carry operations to provide these as a service, to host and to sell. The company operates in a single reporting unit that develop software solutions for the travel industry, especially for airlines, tour operators and airports, providing them as a service, additional development, maintenance and operating activities.
86GF Score

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

₺37.30
Price
₺86.33
GF Value