Cates Elektrik Uretim AS (IST:CATES) Days Sales Outstanding : 29.69 (As of Sep. 2024)

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What is Cates Elektrik Uretim AS Days Sales Outstanding?

Cates Elektrik Uretim AS's average Accounts Receivable for the three months ended in Sep. 2024 was ₺537 Mil. Cates Elektrik Uretim AS's Revenue for the three months ended in Sep. 2024 was ₺1,650 Mil. Hence, Cates Elektrik Uretim AS's Days Sales Outstanding for the three months ended in Sep. 2024 was 29.69.

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

IST:CATES' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.99 Med: 42.56 Max: 76.87
Current: 76.87

During the past 4 years, Cates Elektrik Uretim AS's highest Days Sales Outstanding was 76.87. The lowest was 27.99. And the median was 42.56.

IST:CATES's Days Sales Outstanding is ranked worse than
58.62% of 406 companies
in the Utilities - Independent Power Producers industry
Industry Median: 62.48 vs IST:CATES: 76.87

Cates Elektrik Uretim AS's Days Sales Outstanding declined from Sep. 2023 (52.04) to Sep. 2024 (29.69).

Cates Elektrik Uretim AS Days Sales Outstanding Historical Data

The historical data trend for Cates 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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Cates Elektrik Uretim AS Days Sales Outstanding Chart

Cates Elektrik Uretim AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

46.33

38.79

27.99

56.68

Cates Elektrik Uretim AS Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial						52.04	-	57.73	38.89	29.69

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

For the Utilities - Independent Power Producers subindustry, Cates 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.

Cates Elektrik Uretim AS's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cates Elektrik Uretim AS's Days Sales Outstanding distribution charts can be found below:

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

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Cates 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.

Cates 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
=	( (908.495	+	736.164)	/	2 )	/	5295.915	*	365
=	822.3295					/	5295.915	*	365
=	56.68

Cates Elektrik Uretim AS's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (236.874	+	837.045)	/	2 )	/	1650.305	*	365 / 4
=	536.9595					/	1650.305	*	365 / 4
=	29.69

Cates Elektrik Uretim AS (IST:CATES) Days Sales Outstanding Explanation

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

Cates Elektrik Uretim AS Days Sales Outstanding Related Terms

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Cates Elektrik Uretim AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Cates Elektrik Uretim AS (IST:CATES) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sahinler Mahallesi, Sahinler Cluster Houses, Yatagan Thermal Power Plant Site No: 259/1, Mugla, TUR

Website

https://www.cates.com.tr

Cates Elektrik Uretim AS is a company whose main activity is to produce electrical energy and sell the produced electrical energy. It also operates the coal-based Power Plant located in the Catalagzi town of Zonguldak.

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