Tekfen Holding AS (IST:TKFEN) Change In Receivables : ₺3,159 Mil (TTM As of Dec. 2023)

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What is Tekfen Holding AS Change In Receivables?

Tekfen Holding AS's change in receivables for the quarter that ended in Dec. 2023 was ₺5,684 Mil. It means Tekfen Holding AS's Accounts Receivable declined by ₺5,684 Mil from Sep. 2023 to Dec. 2023 .

Tekfen Holding AS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺3,159 Mil. It means Tekfen Holding AS's Accounts Receivable declined by ₺3,159 Mil from Dec. 2022 to Dec. 2023 .

Tekfen Holding AS's Accounts Receivable for the quarter that ended in Dec. 2023 was ₺5,996 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. Tekfen Holding AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tekfen Holding AS's liquidation value for the three months ended in Dec. 2023 was ₺-14,655 Mil.

Tekfen Holding AS Change In Receivables Historical Data

The historical data trend for Tekfen Holding 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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Tekfen Holding AS Change In Receivables Chart

Tekfen Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,019.00

121.48

-2,207.73

2,474.32

3,159.38

Tekfen Holding AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															4,805.80	-910.14	-2,000.01	385.61	5,683.93

Tekfen Holding 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺3,159 Mil.

Tekfen Holding AS (IST:TKFEN) 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.

Tekfen Holding AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5995.589	/	16363.596	*	91
=	33.43

2. In Ben Graham's calculation of liquidation value, Tekfen Holding AS's accounts receivable are only considered to be worth 75% of book value:

Tekfen Holding AS's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6624.686	-	30715.984	+	0.75 * 5995.589	+	0.5 * 9879.184
=	-14,655

Tekfen Holding AS Change In Receivables Related Terms

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Tekfen Holding AS (IST:TKFEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tekfen Holding AS (IST:TKFEN) » Definitions » Change In Receivables

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Traded in Other Exchanges

TKFHY:USA

Address

Kultur Mahallesi, Tekfen Sitesi, Budak Sokak, A Blok, No. 7, Ulus-Besiktas, Istanbul, TUR, 34340

Website

https://www.tekfen.com.tr

Tekfen Holding AS is a conglomerate that operates in below business lines: Engineering and Contracting; Chemical Industry; Agricultural Production; Service and Investment. It generates maximum revenue from the Chemical Industry segment. The Chemical Industry segment is mainly focused on fertilizer production, continues its activities in the fields of mineral fertilizers as well as special water soluble fertilizers and organic/organomineral fertilizers. It also manufactures bags used in fertilizer packaging in its own facility. Additionally, it generates biogas through the fermentation of organic wastes and electricity from biogas and also produces solid and liquid organic fertilizers from wastes that have completed the gasification process.

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