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Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Change In Receivables : ₺-173 Mil (TTM As of Mar. 2024)


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What is Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Change In Receivables?

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's change in receivables for the quarter that ended in Mar. 2024 was ₺-29 Mil. It means Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Accounts Receivable increased by ₺29 Mil from Dec. 2023 to Mar. 2024 .

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺-265 Mil. It means Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Accounts Receivable increased by ₺265 Mil from Dec. 2022 to Dec. 2023 .

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Accounts Receivable for the quarter that ended in Mar. 2024 was ₺677 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. 2024 was 119.96.

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. 2024 was ₺-65 Mil.


Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Change In Receivables Historical Data

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.

* Premium members only.

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
Change In Receivables
Get a 7-Day Free Trial - - -69.78 38.94 -265.08

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -120.29 -99.41 -7.78 -37.61 -28.57

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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-173 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.


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. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=677.115/515.082*91
=119.96

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. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=590.904-1419.266+0.75 * 677.115+0.5 * 511.628
=-65

* 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

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Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Business Description

Traded in Other Exchanges
N/A
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.

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

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