Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Days Sales Outstanding : 35.73 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

What is Cimentas Izmir Cimento Fabrikasi Turk AS Days Sales Outstanding?

Cimentas Izmir Cimento Fabrikasi Turk AS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺1,882 Mil. Cimentas Izmir Cimento Fabrikasi Turk AS's Revenue for the three months ended in Dec. 2023 was ₺4,806 Mil. Hence, Cimentas Izmir Cimento Fabrikasi Turk AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.73.

The historical rank and industry rank for Cimentas Izmir Cimento Fabrikasi Turk AS's Days Sales Outstanding or its related term are showing as below:

IST:CMENT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.51 Med: 91.3 Max: 116.53
Current: 53.33

During the past 13 years, Cimentas Izmir Cimento Fabrikasi Turk AS's highest Days Sales Outstanding was 116.53. The lowest was 39.51. And the median was 91.30.

IST:CMENT's Days Sales Outstanding is ranked better than
52.33% of 386 companies
in the Building Materials industry
Industry Median: 55.6 vs IST:CMENT: 53.33

Cimentas Izmir Cimento Fabrikasi Turk AS's Days Sales Outstanding increased from Dec. 2022 (18.73) to Dec. 2023 (35.73).

Cimentas Izmir Cimento Fabrikasi Turk AS Days Sales Outstanding Historical Data

The historical data trend for Cimentas Izmir Cimento Fabrikasi Turk 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.

* Premium members only.

Cimentas Izmir Cimento Fabrikasi Turk AS Days Sales Outstanding Chart

Cimentas Izmir Cimento Fabrikasi Turk AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

116.53

96.70

81.31

39.51

54.76

Cimentas Izmir Cimento Fabrikasi Turk 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															18.73	76.41	62.32	64.66	35.73

Competitive Comparison of Cimentas Izmir Cimento Fabrikasi Turk AS's Days Sales Outstanding

For the Building Materials subindustry, Cimentas Izmir Cimento Fabrikasi Turk 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.

Cimentas Izmir Cimento Fabrikasi Turk AS's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cimentas Izmir Cimento Fabrikasi Turk AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cimentas Izmir Cimento Fabrikasi Turk AS's Days Sales Outstanding falls into.

Cimentas Izmir Cimento Fabrikasi Turk 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.

Cimentas Izmir Cimento Fabrikasi Turk 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
=	( (1486.037	+	1736.924)	/	2 )	/	10741.973	*	365
=	1611.4805					/	10741.973	*	365
=	54.76

Cimentas Izmir Cimento Fabrikasi Turk 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
=	( (2027.074	+	1736.924)	/	2 )	/	4805.934	*	365 / 4
=	1881.999					/	4805.934	*	365 / 4
=	35.73

Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Days Sales Outstanding Explanation

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

Cimentas Izmir Cimento Fabrikasi Turk AS Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Cimentas Izmir Cimento Fabrikasi Turk AS's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Egemenlik Mah, Eski Kemalpasa, Caddesi No: 4B, Isikkent Bornova, Izmir, TUR, 35070

Website

https://www.cimentas.com.tr

Cimentas Izmir Cimento Fabrikasi Turk AS is specialized in the production and distribution of grey and white cement, ready-mixed concrete, aggregates and concrete products. It is also active in the management of urban and industrial waste. It's main segments are cement, aggregate, ready-mixed concrete and waste management. It obtains revenue from the sale of ready-mixed concrete and bulk and bagged cement. Cimentas Izmir Cimento Fabrikasi Turk AS is now present in 18 countries across 5 continents.

Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Headlines

No Headlines