Kayseri Seker Fabrikasi AS (IST:KAYSE) Change In Receivables: ₺-1,111 Mil (TTM As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:KAYSE Kayseri Seker Fabrikasi AS IST:KAYSE
71 GF Score
Price ₺4.15
GF Value ₺5.35
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Kayseri Seker Fabrikasi AS Change In Receivables?

Kayseri Seker Fabrikasi AS IST:KAYSE -1.19% 71 Change In Receivables is ₺-1,111 Mil as of Apr. 2026. GuruFocus rates IST:KAYSE with a GF Score™ of 71/100 and a GF Value™ of ₺5.35 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Kayseri Seker Fabrikasi AS's change in receivables for the quarter that ended in Apr. 2026 was ₺-16,081 Mil. It means Kayseri Seker Fabrikasi AS's Accounts Receivable increased by ₺16,081 Mil from Jan. 2026 to Apr. 2026 .

Kayseri Seker Fabrikasi AS's change in receivables for the fiscal year that ended in Apr. 2026 was ₺-1,111 Mil. It means Kayseri Seker Fabrikasi AS's Accounts Receivable increased by ₺1,111 Mil from Apr. 2025 to Apr. 2026 .

Kayseri Seker Fabrikasi AS's Accounts Receivable for the quarter that ended in Apr. 2026 was ₺15,368 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. Kayseri Seker Fabrikasi AS's Days Sales Outstanding for the three months ended in Apr. 2026 was 64.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kayseri Seker Fabrikasi AS's liquidation value for the three months ended in Apr. 2026 was ₺-12,092 Mil.


Kayseri Seker Fabrikasi AS  (IST:KAYSE) 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.

Kayseri Seker Fabrikasi AS's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15367.758/21608.433*91
=64.90

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

Kayseri Seker Fabrikasi AS's liquidation value for the quarter that ended in Apr. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1413.792-27029.887+0.75 * 15367.758+0.5 * 3996.16
=-12,092

* 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.


Kayseri Seker Fabrikasi AS Change In Receivables Related Terms


Kayseri Seker Fabrikasi AS Change In Receivables Historical Data

* Premium members only.

The historical data trend for Kayseri Seker Fabrikasi 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.

Kayseri Seker Fabrikasi AS Change In Receivables Chart

Kayseri Seker Fabrikasi AS Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Change In Receivables
Get a 7-Day Free Trial 139.43 -1,418.78 -8,532.88 -180.02 -1,110.88

Kayseri Seker Fabrikasi AS Quarterly Data
Apr20 Apr21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -15,247.29 3,262.09 6,373.56 5,334.74 -16,081.27
IST:KAYSE
71GF Score
Kayseri Seker Fabrikasi AS IST:KAYSE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kayseri Seker Fabrikasi 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-1,111 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 ₺-1,111 Mil mean?
Kayseri Seker Fabrikasi AS (IST:KAYSE) has a Change In Receivables of ₺-1,111 Mil as of Apr. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Kayseri Seker Fabrikasi AS and its competitors.
Is Kayseri Seker Fabrikasi AS's Change In Receivables too high?
Kayseri Seker Fabrikasi AS's current Change In Receivables is ₺-1,111 Mil. Overall, Kayseri Seker Fabrikasi AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kayseri Seker Fabrikasi AS's Change In Receivables compare to MDLZ and HSY?
Kayseri Seker Fabrikasi AS's Change In Receivables of ₺-1,111 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods 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 Kayseri Seker Fabrikasi AS and its competitors. Kayseri Seker Fabrikasi AS's current Change In Receivables is ₺-1,111 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kayseri Seker Fabrikasi AS stock overvalued right now?
Based on GuruFocus' analysis, Kayseri Seker Fabrikasi AS (IST:KAYSE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺5.35, compared to a current price of ₺4.15 — trading 22.4% below its estimated fair value. The current Change In Receivables is ₺-1,111 Mil. Kayseri Seker Fabrikasi AS's overall GF Score™ is 71/100 with 9 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 Kayseri Seker Fabrikasi AS (IST:KAYSE), the current Change In Receivables is ₺-1,111 Mil as of Apr. 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 Kayseri Seker Fabrikasi AS (IST:KAYSE) Overvalued in 2026?

Based on GuruFocus' analysis, Kayseri Seker Fabrikasi AS stock appears to be undervalued. The current stock price of ₺4.15 is trading 22.4% below its estimated GF Value™ of ₺5.35. GuruFocus considers Kayseri Seker Fabrikasi AS to be Modestly Undervalued.

Key valuation signals for IST:KAYSE:

  • Change In Receivables: ₺-1,111 Mil
  • GF Value™: ₺5.35 vs. price of ₺4.15 (22.4% below fair value)
  • GF Score™: 71/100 with 9 warning signs

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


Kayseri Seker Fabrikasi AS Business Description

Address Seker Mahallesi Osman Kavuncu Bulvari No: 314, Kocasinan, Kayseri, TUR
Kayseri Seker Fabrikasi AS engages in the production and trade of crystal, granulated and cube sugar, wet pulp, dry pulp, molasses, dried pulp with molasses, limestone, electricity production, and trade of seeds and fertilizers which are by-products of the sugar industry.
71GF Score

Get the complete analysis for IST:KAYSE

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

₺4.15
Price
₺5.35
GF Value