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Orma Orman Mahsulleri Integrenayi ve Ticaret AS (IST:ORMA) Change In Receivables : ₺170 Mil (TTM As of Dec. 2023)


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What is Orma Orman Mahsulleri Integrenayi ve Ticaret AS Change In Receivables?

Orma Orman Mahsulleri Integrenayi ve Ticaret AS's change in receivables for the quarter that ended in Dec. 2023 was ₺190 Mil. It means Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Accounts Receivable declined by ₺190 Mil from Jun. 2023 to Dec. 2023 .

Orma Orman Mahsulleri Integrenayi ve Ticaret AS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺170 Mil. It means Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Accounts Receivable declined by ₺170 Mil from Dec. 2022 to Dec. 2023 .

Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Accounts Receivable for the quarter that ended in Dec. 2023 was ₺293 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. Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Sales Outstanding for the six months ended in Dec. 2023 was 26.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Orma Orman Mahsulleri Integrenayi ve Ticaret AS's liquidation value for the six months ended in Dec. 2023 was ₺-1,613 Mil.


Orma Orman Mahsulleri Integrenayi ve Ticaret AS Change In Receivables Historical Data

The historical data trend for Orma Orman Mahsulleri Integrenayi 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.

* Premium members only.

Orma Orman Mahsulleri Integrenayi ve Ticaret AS Change In Receivables Chart

Orma Orman Mahsulleri Integrenayi ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.72 44.29 -91.79 111.42 170.49

Orma Orman Mahsulleri Integrenayi ve Ticaret AS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -35.81 -113.13 224.55 -19.70 190.19

Orma Orman Mahsulleri Integrenayi 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 semi-annually data reported by the company within the most recent 12 months, which was ₺170 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.


Orma Orman Mahsulleri Integrenayi ve Ticaret AS  (IST:ORMA) 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.

Orma Orman Mahsulleri Integrenayi 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
=292.76/2048.114*91
=26.09

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

Orma Orman Mahsulleri Integrenayi 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)
=125.701-2294.729+0.75 * 292.76+0.5 * 673.113
=-1,613

* 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.


Orma Orman Mahsulleri Integrenayi ve Ticaret AS Change In Receivables Related Terms

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Orma Orman Mahsulleri Integrenayi ve Ticaret AS (IST:ORMA) Business Description

Traded in Other Exchanges
N/A
Address
Prof. Dr. Alaeddin Yavasca Sk., Marmara Apt. No: 4, Besiktas, Istanbul, TUR, 34357
Orma Orman Mahsulleri Integre Sanayi ve Ticaret A.S. is a Turkey-based company engages in the production of timber products. It produces particleboard, E1 chipboard, and melamine coated chipboards.

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