Izmir Demir Celiknayi AS (IST:IZMDC) Change In Receivables : ₺-174 Mil (TTM As of Mar. 2024)

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What is Izmir Demir Celiknayi AS Change In Receivables?

Izmir Demir Celiknayi AS's change in receivables for the quarter that ended in Mar. 2024 was ₺62 Mil. It means Izmir Demir Celiknayi AS's Accounts Receivable declined by ₺62 Mil from Dec. 2023 to Mar. 2024 .

Izmir Demir Celiknayi AS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺561 Mil. It means Izmir Demir Celiknayi AS's Accounts Receivable declined by ₺561 Mil from Dec. 2022 to Dec. 2023 .

Izmir Demir Celiknayi AS's Accounts Receivable for the quarter that ended in Mar. 2024 was ₺1,123 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. Izmir Demir Celiknayi AS's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Izmir Demir Celiknayi AS's liquidation value for the three months ended in Mar. 2024 was ₺-12,698 Mil.

Izmir Demir Celiknayi AS Change In Receivables Historical Data

The historical data trend for Izmir Demir Celiknayi 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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Izmir Demir Celiknayi AS Change In Receivables Chart

Izmir Demir Celiknayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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84.70

37.49

-133.13

-829.15

561.28

Izmir Demir Celiknayi AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															797.59	-649.94	-186.33	599.96	61.98

Izmir Demir Celiknayi 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-174 Mil.

Izmir Demir Celiknayi AS (IST:IZMDC) 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.

Izmir Demir Celiknayi AS's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1123.367	/	8683.046	*	91
=	11.81

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

Izmir Demir Celiknayi AS's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2808.404	-	19481.893	+	0.75 * 1123.367	+	0.5 * 6266.82
=	-12,698

Izmir Demir Celiknayi AS Change In Receivables Related Terms

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Izmir Demir Celiknayi AS (IST:IZMDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Izmir Demir Celik Sanayi AS (IST:IZMDC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

?air E?ref Bulvar? No. 23, Çankaya, Izmir, TUR, 35210

Website

http://www.izdemir.com.tr

Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.

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