Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) Change In Receivables: ₺-377 Mil (TTM As of Mar. 2026)

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IST:SERNT Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
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What is Seranit Granit Seramiknayi ve Ticaret AS Change In Receivables?

Seranit Granit Seramiknayi ve Ticaret AS IST:SERNT +0.92% 9 Change In Receivables is ₺-377 Mil as of Mar. 2026. GuruFocus rates IST:SERNT with a GF Score™ of 9/100. The stock has 7 warning signs investors should review.

Seranit Granit Seramiknayi ve Ticaret AS's change in receivables for the quarter that ended in Mar. 2026 was ₺-87 Mil. It means Seranit Granit Seramiknayi ve Ticaret AS's Accounts Receivable increased by ₺87 Mil from Dec. 2025 to Mar. 2026 .

Seranit Granit Seramiknayi ve Ticaret AS's change in receivables for the fiscal year that ended in Dec. 2025 was ₺-444 Mil. It means Seranit Granit Seramiknayi ve Ticaret AS's Accounts Receivable increased by ₺444 Mil from Dec. 2024 to Dec. 2025 .

Seranit Granit Seramiknayi ve Ticaret AS's Accounts Receivable for the quarter that ended in Mar. 2026 was ₺1,580 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. Seranit Granit Seramiknayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 224.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Seranit Granit Seramiknayi ve Ticaret AS's liquidation value for the three months ended in Mar. 2026 was ₺-6,035 Mil.

Seranit Granit Seramiknayi ve Ticaret AS  (IST:SERNT) 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.

Seranit Granit Seramiknayi 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
=1579.707/640.704*91
=224.98

2. In Ben Graham's calculation of liquidation value, Seranit Granit Seramiknayi ve Ticaret AS's accounts receivable are only considered to be worth 75% of book value:

Seranit Granit Seramiknayi 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)
=57.07-8978.402+0.75 * 1579.707+0.5 * 3403.127
=-6,035

* 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.

Seranit Granit Seramiknayi ve Ticaret AS Change In Receivables Related Terms

Seranit Granit Seramiknayi ve Ticaret AS Change In Receivables Historical Data

* Premium members only.

The historical data trend for Seranit Granit Seramiknayi 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.

Seranit Granit Seramiknayi ve Ticaret AS Change In Receivables Chart

Seranit Granit Seramiknayi ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
0.00 0.00 0.00 91.10 -443.63

Seranit Granit Seramiknayi ve Ticaret AS Quarterly Data
Dec21 Dec22 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 -154.17 -44.82 18.23 -262.87 -87.17
IST:SERNT
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Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Seranit Granit Seramiknayi 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 ₺-377 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 ₺-377 Mil mean?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a Change In Receivables of ₺-377 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Seranit Granit Seramiknayi ve Ticaret AS and its competitors.
Is Seranit Granit Seramiknayi ve Ticaret AS's Change In Receivables too high?
Seranit Granit Seramiknayi ve Ticaret AS's current Change In Receivables is ₺-377 Mil. Overall, Seranit Granit Seramiknayi ve Ticaret AS has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Seranit Granit Seramiknayi ve Ticaret AS's Change In Receivables compare to CRH and VMC?
Seranit Granit Seramiknayi ve Ticaret AS's Change In Receivables of ₺-377 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Change In Receivables depends on the Building Materials 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 Seranit Granit Seramiknayi ve Ticaret AS and its competitors. Seranit Granit Seramiknayi ve Ticaret AS's current Change In Receivables is ₺-377 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seranit Granit Seramiknayi ve Ticaret AS stock overvalued right now?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a current Change In Receivables of ₺-377 Mil. The current Change In Receivables is ₺-377 Mil. Seranit Granit Seramiknayi ve Ticaret AS's overall GF Score™ is 9/100 with 7 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 Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT), the current Change In Receivables is ₺-377 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.

Seranit Granit Seramiknayi ve Ticaret AS Business Description

Address Huseyin Baykara Sk. No: 1/3, Uskudar, Sultantepe District, Istanbul, TUR
Seranit Granit Seramik Sanayi ve Ticaret AS is engaged in the production, marketing and trade of building materials such as tiles, granite, porcelain and ceramics. The Company provides sales, definition and marketing of the products it produces through dealership agreements it has concluded with its branches.
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