Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Change In Receivables : ₺111 Mil (TTM As of Dec. 2023)

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What is Kartonsan Kartonnayi ve Ticaret AS Change In Receivables?

Kartonsan Kartonnayi ve Ticaret AS's change in receivables for the quarter that ended in Dec. 2023 was ₺85 Mil. It means Kartonsan Kartonnayi ve Ticaret AS's Accounts Receivable declined by ₺85 Mil from Sep. 2023 to Dec. 2023 .

Kartonsan Kartonnayi ve Ticaret AS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺111 Mil. It means Kartonsan Kartonnayi ve Ticaret AS's Accounts Receivable declined by ₺111 Mil from Dec. 2022 to Dec. 2023 .

Kartonsan Kartonnayi ve Ticaret AS's Accounts Receivable for the quarter that ended in Dec. 2023 was ₺236 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. Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 18.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kartonsan Kartonnayi ve Ticaret AS's liquidation value for the three months ended in Dec. 2023 was ₺-79 Mil.

Kartonsan Kartonnayi ve Ticaret AS Change In Receivables Historical Data

The historical data trend for Kartonsan Kartonnayi ve Ticaret 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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Kartonsan Kartonnayi ve Ticaret AS Change In Receivables Chart

Kartonsan Kartonnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2.73

-28.69

-84.84

116.45

110.82

Kartonsan Kartonnayi ve Ticaret AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															175.31	123.60	-47.64	-50.44	85.30

Kartonsan Kartonnayi ve Ticaret 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺111 Mil.

Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) 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.

Kartonsan Kartonnayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	235.597	/	1186.147	*	91
=	18.12

2. In Ben Graham's calculation of liquidation value, Kartonsan Kartonnayi ve Ticaret AS's accounts receivable are only considered to be worth 75% of book value:

Kartonsan Kartonnayi ve Ticaret AS's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	95.114	-	630.258	+	0.75 * 235.597	+	0.5 * 558.194
=	-79

Kartonsan Kartonnayi ve Ticaret AS Change In Receivables Related Terms

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Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kartonsan Karton Sanayi ve Ticaret AS (IST:KARTN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prof. Dr. Bulent Tarcan Caddesi, No: 5 Pak Is Merkezi, Kat: 3, Gayrettepe, Istanbul, TUR, 34349

Website

https://www.kartonsan.com

Kartonsan Karton Sanayi ve Ticaret AS is a Turkey-based company engaged in producing and trading of coated cardboard from recycled paper. Business activity of the group is operated through Ukraine, Bulgaria, Spain, Greece, Portugal, and Italy. Its portfolio includes product such as Normprint, Exprint and Luxtriplex, Normprint is multi-coated grey-backside cardboard with a blade top coat, which is used as a packaging material; Exprint, used in all types of packaging and detailed graphic printing and Luxtriplex, multi-coated cardboard with white backside which is ideal for all types of packaging, especially for food, cosmetics, pharmaceuticals. Kartonsan derives revenue through the sale of the products.

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