Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Change In Receivables : ₺16,590 Mil (TTM As of Mar. 2024)

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What is Turkiye Sise ve Cam Fabrikalari AS Change In Receivables?

Turkiye Sise ve Cam Fabrikalari AS's change in receivables for the quarter that ended in Mar. 2024 was ₺3,642 Mil. It means Turkiye Sise ve Cam Fabrikalari AS's Accounts Receivable declined by ₺3,642 Mil from Dec. 2023 to Mar. 2024 .

Turkiye Sise ve Cam Fabrikalari AS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺16,652 Mil. It means Turkiye Sise ve Cam Fabrikalari AS's Accounts Receivable declined by ₺16,652 Mil from Dec. 2022 to Dec. 2023 .

Turkiye Sise ve Cam Fabrikalari AS's Accounts Receivable for the quarter that ended in Mar. 2024 was ₺30,288 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. Turkiye Sise ve Cam Fabrikalari AS's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Turkiye Sise ve Cam Fabrikalari AS's liquidation value for the three months ended in Mar. 2024 was ₺-56,518 Mil.

Turkiye Sise ve Cam Fabrikalari AS Change In Receivables Historical Data

The historical data trend for Turkiye Sise ve Cam Fabrikalari 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.

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Turkiye Sise ve Cam Fabrikalari AS Change In Receivables Chart

Turkiye Sise ve Cam Fabrikalari AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-468.95

494.13

399.62

1,200.62

16,652.19

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															3,703.53	-3,045.50	1,922.60	14,071.57	3,641.52

Turkiye Sise ve Cam Fabrikalari 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 ₺16,590 Mil.

Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) 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.

Turkiye Sise ve Cam Fabrikalari 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
=	30287.9	/	40584.287	*	91
=	68.10

2. In Ben Graham's calculation of liquidation value, Turkiye Sise ve Cam Fabrikalari AS's accounts receivable are only considered to be worth 75% of book value:

Turkiye Sise ve Cam Fabrikalari 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)
=	42399.359	-	139723.571	+	0.75 * 30287.9	+	0.5 * 36180.589
=	-56,518

Turkiye Sise ve Cam Fabrikalari AS Change In Receivables Related Terms

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Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947

Website

http://www.sisecam.com.tr

Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.

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