Akenrji Elektrik Uretim AS (IST:AKENR) Days Sales Outstanding : 8.20 (As of Dec. 2023)

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What is Akenrji Elektrik Uretim AS Days Sales Outstanding?

Akenrji Elektrik Uretim AS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺900 Mil. Akenrji Elektrik Uretim AS's Revenue for the three months ended in Dec. 2023 was ₺10,005 Mil. Hence, Akenrji Elektrik Uretim AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 8.20.

The historical rank and industry rank for Akenrji Elektrik Uretim AS's Days Sales Outstanding or its related term are showing as below:

IST:AKENR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.21 Med: 23.95 Max: 35.28
Current: 22.19

During the past 13 years, Akenrji Elektrik Uretim AS's highest Days Sales Outstanding was 35.28. The lowest was 14.21. And the median was 23.95.

IST:AKENR's Days Sales Outstanding is ranked better than
92.29% of 506 companies
in the Utilities - Regulated industry
Industry Median: 53.9 vs IST:AKENR: 22.19

Akenrji Elektrik Uretim AS's Days Sales Outstanding declined from Dec. 2022 (10.34) to Dec. 2023 (8.20).

Akenrji Elektrik Uretim AS Days Sales Outstanding Historical Data

The historical data trend for Akenrji Elektrik Uretim AS's Days Sales Outstanding 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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Akenrji Elektrik Uretim AS Days Sales Outstanding Chart

Akenrji Elektrik Uretim AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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24.49

14.21

25.62

22.89

34.44

Akenrji Elektrik Uretim AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															10.34	38.57	24.08	15.79	8.20

Competitive Comparison of Akenrji Elektrik Uretim AS's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, Akenrji Elektrik Uretim AS's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Akenrji Elektrik Uretim AS's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Akenrji Elektrik Uretim AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Akenrji Elektrik Uretim AS's Days Sales Outstanding falls into.

Akenrji Elektrik Uretim AS Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Akenrji Elektrik Uretim AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3650.792	+	816.534)	/	2 )	/	23672.315	*	365
=	2233.663					/	23672.315	*	365
=	34.44

Akenrji Elektrik Uretim AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (982.606	+	816.534)	/	2 )	/	10005.36	*	365 / 4
=	899.57					/	10005.36	*	365 / 4
=	8.20

Akenrji Elektrik Uretim AS (IST:AKENR) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Akenrji Elektrik Uretim AS Days Sales Outstanding Related Terms

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Akenrji Elektrik Uretim AS (IST:AKENR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Akenrji Elektrik Uretim AS (IST:AKENR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Miralay ?efik Bey Sokak No:15, Akhan Kat: 3-4, Gümü?suyu, Istanbul, TUR

Website

https://www.akenerji.com.tr

Akenrji Elektrik Uretim AS is the power generation company. It is principally engaged in the establishing, renting and operating facilities of electrical energy production plant, producing electricity and trading electricity to the customers. The company provides energy systems management and optimization; remote reading; and cogeneration and trigeneration.

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