Turk Hava Yollari AO (Turk Hava Yollari AO) Change In Receivables : $-250 Mil (TTM As of Dec. 2023)

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What is Turk Hava Yollari AO Change In Receivables?

Turk Hava Yollari AO's change in receivables for the quarter that ended in Dec. 2023 was $-293 Mil. It means Turk Hava Yollari AO's Accounts Receivable increased by $293 Mil from Sep. 2023 to Dec. 2023 .

Turk Hava Yollari AO's change in receivables for the fiscal year that ended in Dec. 2023 was $-251 Mil. It means Turk Hava Yollari AO's Accounts Receivable increased by $251 Mil from Dec. 2022 to Dec. 2023 .

Turk Hava Yollari AO's Accounts Receivable for the quarter that ended in Dec. 2023 was $866 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. Turk Hava Yollari AO's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Turk Hava Yollari AO's liquidation value for the three months ended in Dec. 2023 was $-13,429 Mil.

Turk Hava Yollari AO Change In Receivables Historical Data

The historical data trend for Turk Hava Yollari AO'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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Turk Hava Yollari AO Change In Receivables Chart

Turk Hava Yollari AO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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107.14

-333.74

341.80

-229.29

-250.98

Turk Hava Yollari AO 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															54.41	5.05	-31.53	68.89	-292.54

Turk Hava Yollari AO 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 $-250 Mil.

Turk Hava Yollari AO (OTCPK:TKHVY) 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.

Turk Hava Yollari AO's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	866.355	/	2398.971	*	91
=	32.95

2. In Ben Graham's calculation of liquidation value, Turk Hava Yollari AO's accounts receivable are only considered to be worth 75% of book value:

Turk Hava Yollari AO'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)
=	6101.698	-	20392.609	+	0.75 * 866.355	+	0.5 * 423.377
=	-13,429

Turk Hava Yollari AO Change In Receivables Related Terms

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Turk Hava Yollari AO (Turk Hava Yollari AO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Turk Hava Yollari AO (OTCPK:TKHVY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

THYAO:Turkey TU5A:Germany

Address

Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149

Website

https://www.turkishairlines.com

Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.