Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Change In Receivables: ₺-180 Mil (TTM As of Mar. 2026)

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IST:PNLSN Panelsan Cati Cephe Sistemleri Sanayi VeTicaret AS IST:PNLSN
86 GF Score
Price ₺46.96
GF Value ₺47.65
Valuation Fairly Valued
! 5 Warning Signs
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What is Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Change In Receivables?

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS IST:PNLSN +1.87% 86 Change In Receivables is ₺-180 Mil as of Mar. 2026. GuruFocus rates IST:PNLSN with a GF Score™ of 86/100 and a GF Value™ of ₺47.65 (Fairly Valued). The stock has 5 warning signs investors should review.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's change in receivables for the quarter that ended in Mar. 2026 was ₺130 Mil. It means Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Accounts Receivable declined by ₺130 Mil from Dec. 2025 to Mar. 2026 .

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's change in receivables for the fiscal year that ended in Dec. 2025 was ₺-163 Mil. It means Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Accounts Receivable increased by ₺163 Mil from Dec. 2024 to Dec. 2025 .

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Accounts Receivable for the quarter that ended in Mar. 2026 was ₺1,092 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. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 127.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's liquidation value for the three months ended in Mar. 2026 was ₺-715 Mil.


Panelsan Cati Cephe Sistemlerinayi VeTicaret AS  (IST:PNLSN) 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.

Panelsan Cati Cephe Sistemlerinayi VeTicaret 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
=1092.092/780.806*91
=127.63

2. In Ben Graham's calculation of liquidation value, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's accounts receivable are only considered to be worth 75% of book value:

Panelsan Cati Cephe Sistemlerinayi VeTicaret 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)
=492.606-2402.349+0.75 * 1092.092+0.5 * 752.058
=-715

* 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.


Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Change In Receivables Related Terms


Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Change In Receivables Historical Data

* Premium members only.

The historical data trend for Panelsan Cati Cephe Sistemlerinayi VeTicaret 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.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Change In Receivables Chart

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial -69.78 38.94 -186.75 210.90 -162.70

Panelsan Cati Cephe Sistemlerinayi VeTicaret 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 146.82 37.75 -127.72 -219.55 129.99
IST:PNLSN
86GF Score
Panelsan Cati Cephe Sistemleri Sanayi VeTicaret AS IST:PNLSN
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Panelsan Cati Cephe Sistemlerinayi VeTicaret 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 ₺-180 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 ₺-180 Mil mean?
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) has a Change In Receivables of ₺-180 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Panelsan Cati Cephe Sistemlerinayi VeTicaret AS and its competitors.
Is Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Change In Receivables too high?
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's current Change In Receivables is ₺-180 Mil. Overall, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Change In Receivables compare to TT and JCI?
Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Change In Receivables of ₺-180 Mil can be compared against companies in the Construction 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 Construction company?
A good Change In Receivables depends on the Construction 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 Panelsan Cati Cephe Sistemlerinayi VeTicaret AS and its competitors. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's current Change In Receivables is ₺-180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panelsan Cati Cephe Sistemlerinayi VeTicaret AS stock overvalued right now?
Based on GuruFocus' analysis, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) is currently considered Fairly Valued. The stock's GF Value™ is ₺47.65, compared to a current price of ₺46.96 — trading 1.4% below its estimated fair value. The current Change In Receivables is ₺-180 Mil. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's overall GF Score™ is 86/100 with 5 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 Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN), the current Change In Receivables is ₺-180 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 Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Overvalued in 2026?

Based on GuruFocus' analysis, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS stock appears to be undervalued. The current stock price of ₺46.96 is trading 1.4% below its estimated GF Value™ of ₺47.65. GuruFocus considers Panelsan Cati Cephe Sistemlerinayi VeTicaret AS to be Fairly Valued.

Key valuation signals for IST:PNLSN:

  • Change In Receivables: ₺-180 Mil
  • GF Value™: ₺47.65 vs. price of ₺46.96 (1.4% below fair value)
  • GF Score™: 86/100 with 5 warning signs

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


Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Business Description

Address Street No:4 A Block 3rd Floor Flat 18, Maidan Business and Life Center Mustafa Kemal Mahallesi 2118, Cankaya, Ankara, TUR
Panelsan Cati Cephe Sistemleri Sanayi VeTicaret AS is engaged in manufacturing of building materials.
86GF Score

Get the complete analysis for IST:PNLSN

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

₺46.96
Price
₺47.65
GF Value