Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD) Change In Receivables: ₺-35 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:VSNMD Visne Madencilik Uretim Sanayi Ve Ticaret AS IST:VSNMD
18 GF Score
Price ₺50.15
! 3 Warning Signs
View Full Analysis

What is Visne Madencilik Uretimnayi Ve Ticaret AS Change In Receivables?

Visne Madencilik Uretimnayi Ve Ticaret AS IST:VSNMD +0.95% 18 Change In Receivables is ₺-35 Mil as of Jun. 2026. GuruFocus rates IST:VSNMD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Visne Madencilik Uretimnayi Ve Ticaret AS's change in receivables for the quarter that ended in Jun. 2026 was ₺12 Mil. It means Visne Madencilik Uretimnayi Ve Ticaret AS's Accounts Receivable declined by ₺12 Mil from Mar. 2026 to Jun. 2026 .

Visne Madencilik Uretimnayi Ve Ticaret AS's change in receivables for the fiscal year that ended in Dec. 2025 was ₺-26 Mil. It means Visne Madencilik Uretimnayi Ve Ticaret AS's Accounts Receivable increased by ₺26 Mil from Dec. 2024 to Dec. 2025 .

Visne Madencilik Uretimnayi Ve Ticaret AS's Accounts Receivable for the quarter that ended in Jun. 2026 was ₺341 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. Visne Madencilik Uretimnayi Ve Ticaret AS's Days Sales Outstanding for the three months ended in Jun. 2026 was 79.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Visne Madencilik Uretimnayi Ve Ticaret AS's liquidation value for the three months ended in Jun. 2026 was ₺192 Mil.


Visne Madencilik Uretimnayi Ve Ticaret AS  (IST:VSNMD) 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.

Visne Madencilik Uretimnayi Ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=341.412/390.85*91
=79.71

2. In Ben Graham's calculation of liquidation value, Visne Madencilik Uretimnayi Ve Ticaret AS's accounts receivable are only considered to be worth 75% of book value:

Visne Madencilik Uretimnayi Ve Ticaret AS's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=340.149-540.896+0.75 * 341.412+0.5 * 274.072
=192

* 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.


Visne Madencilik Uretimnayi Ve Ticaret AS Change In Receivables Related Terms


Visne Madencilik Uretimnayi Ve Ticaret AS Change In Receivables Historical Data

* Premium members only.

The historical data trend for Visne Madencilik Uretimnayi 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.

Visne Madencilik Uretimnayi Ve Ticaret AS Change In Receivables Chart

Visne Madencilik Uretimnayi Ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
0.00 0.00 0.00 0.35 -26.20

Visne Madencilik Uretimnayi Ve Ticaret AS Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.31 -11.69 5.97 -40.73 11.87
IST:VSNMD
18GF Score
Visne Madencilik Uretim Sanayi Ve Ticaret AS IST:VSNMD
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Visne Madencilik Uretimnayi 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-35 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 ₺-35 Mil mean?
Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD) has a Change In Receivables of ₺-35 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Visne Madencilik Uretimnayi Ve Ticaret AS and its competitors.
Is Visne Madencilik Uretimnayi Ve Ticaret AS's Change In Receivables too high?
Visne Madencilik Uretimnayi Ve Ticaret AS's current Change In Receivables is ₺-35 Mil. Overall, Visne Madencilik Uretimnayi Ve Ticaret AS has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Visne Madencilik Uretimnayi Ve Ticaret AS's Change In Receivables compare to CRH and VMC?
Visne Madencilik Uretimnayi Ve Ticaret AS's Change In Receivables of ₺-35 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 Visne Madencilik Uretimnayi Ve Ticaret AS and its competitors. Visne Madencilik Uretimnayi Ve Ticaret AS's current Change In Receivables is ₺-35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visne Madencilik Uretimnayi Ve Ticaret AS stock overvalued right now?
Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD) has a current Change In Receivables of ₺-35 Mil. The current Change In Receivables is ₺-35 Mil. Visne Madencilik Uretimnayi Ve Ticaret AS's overall GF Score™ is 18/100 with 3 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 Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD), the current Change In Receivables is ₺-35 Mil as of Jun. 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.

Visne Madencilik Uretimnayi Ve Ticaret AS Business Description

Address Kultur Mahallesi, Sehit Nevres Bulvar No: 3/7, Konak, Izmir, TUR, 35220
Visne Madencilik Uretim Sanayi Ve Ticaret AS is engaged in the production of limestone, gravel, oven stone, lump lime, slaked lime, and substances and materials containing lime or mixed with lime, and soil industry products. The company is also engaged in the establishment, renting, leasing, and operation of all kinds of mining and lime production facilities.
18GF Score

Get the complete analysis for IST:VSNMD

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

₺50.15
Price