San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL) Change In Receivables: ₺-58.6 Mil (TTM As of Mar. 2026)

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IST:SANEL San-El Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS IST:SANEL
63 GF Score
Price ₺64.10
GF Value ₺57.27
Valuation Modestly Overvalued
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What is San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Change In Receivables?

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS IST:SANEL +9.95% 63 Change In Receivables is ₺-58.6 Mil as of Mar. 2026. GuruFocus rates IST:SANEL with a GF Score™ of 63/100 and a GF Value™ of ₺57.27 (Modestly Overvalued).

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's change in receivables for the quarter that ended in Mar. 2026 was ₺-58.6 Mil. It means San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Accounts Receivable increased by ₺58.6 Mil from Dec. 2025 to Mar. 2026 .

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's change in receivables for the fiscal year that ended in Dec. 2025 was ₺28.9 Mil. It means San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Accounts Receivable declined by ₺28.9 Mil from Dec. 2024 to Dec. 2025 .

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Accounts Receivable for the quarter that ended in Mar. 2026 was ₺123.8 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. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 110.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's liquidation value for the three months ended in Mar. 2026 was ₺-117.6 Mil.


San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS  (IST:SANEL) 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.

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret 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
=123.753/102*91
=110.71

2. In Ben Graham's calculation of liquidation value, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's accounts receivable are only considered to be worth 75% of book value:

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret 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)
=8.969-220.239+0.75 * 123.753+0.5 * 1.721
=-117.6

* 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.


San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Change In Receivables Related Terms


San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Change In Receivables Historical Data

* Premium members only.

The historical data trend for San-El Muhendislik Elektrik Taahhutnayi 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.

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Change In Receivables Chart

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.64 5.83 -40.68 -31.23 28.90

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Quarterly Data
Dec19 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 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 0.00 50.37 5.12 0.00 -58.64
IST:SANEL
63GF Score
San-El Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS IST:SANEL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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San-El Muhendislik Elektrik Taahhutnayi 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-58.6 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 ₺-58.6 Mil mean?
San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL) has a Change In Receivables of ₺-58.6 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS and its competitors.
Is San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Change In Receivables too high?
San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's current Change In Receivables is ₺-58.6 Mil. Overall, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Change In Receivables compare to VRT and BE?
San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Change In Receivables of ₺-58.6 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS and its competitors. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's current Change In Receivables is ₺-58.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺57.27, compared to a current price of ₺64.10 — trading 11.9% above its estimated fair value. The current Change In Receivables is ₺-58.6 Mil. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's overall GF Score™ is 63/100. 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 San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL), the current Change In Receivables is ₺-58.6 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 San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL) Overvalued in 2026?

Based on GuruFocus' analysis, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺64.10 is trading 11.9% above its estimated GF Value™ of ₺57.27. GuruFocus considers San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:SANEL:

  • Change In Receivables: ₺-58.6 Mil
  • GF Value™: ₺57.27 vs. price of ₺64.10 (11.9% above fair value)
  • GF Score™: 63/100

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


San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Business Description

Address No: 22, Salacak Iskele Street, Salacak Neighborhood, Istanbul, TUR
San-El Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS activities include the design, construction, and installation of medium voltage and low voltage compensation and harmonic filter systems; component-based sales of medium voltage and low voltage compensation and harmonic filter products; and analysis and reporting services for energy quality in transmission and distribution networks.
63GF Score

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

₺64.10
Price
₺57.27
GF Value