Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Days Sales Outstanding : 113.63 (As of Dec. 2023)

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What is Margun Enerji Uretimnayi Ve Ticaret AS Days Sales Outstanding?

Margun Enerji Uretimnayi Ve Ticaret AS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺359.0 Mil. Margun Enerji Uretimnayi Ve Ticaret AS's Revenue for the three months ended in Dec. 2023 was ₺288.3 Mil. Hence, Margun Enerji Uretimnayi Ve Ticaret AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 113.63.

The historical rank and industry rank for Margun Enerji Uretimnayi Ve Ticaret AS's Days Sales Outstanding or its related term are showing as below:

IST:MAGEN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.02 Med: 50.19 Max: 194.13
Current: 194.13

During the past 6 years, Margun Enerji Uretimnayi Ve Ticaret AS's highest Days Sales Outstanding was 194.13. The lowest was 23.02. And the median was 50.19.

IST:MAGEN's Days Sales Outstanding is ranked worse than
83.66% of 410 companies
in the Utilities - Independent Power Producers industry
Industry Median: 63.875 vs IST:MAGEN: 194.13

Margun Enerji Uretimnayi Ve Ticaret AS's Days Sales Outstanding increased from Dec. 2022 (39.77) to Dec. 2023 (113.63).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Margun Enerji Uretimnayi Ve Ticaret AS Days Sales Outstanding Historical Data

The historical data trend for Margun Enerji Uretimnayi Ve Ticaret 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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Margun Enerji Uretimnayi Ve Ticaret AS Days Sales Outstanding Chart

Margun Enerji Uretimnayi Ve Ticaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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45.05

80.82

129.82

55.33

23.02

Margun Enerji Uretimnayi Ve Ticaret AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												39.77	244.98	440.58	274.61	113.63

Competitive Comparison of Margun Enerji Uretimnayi Ve Ticaret AS's Days Sales Outstanding

For the Utilities - Renewable subindustry, Margun Enerji Uretimnayi Ve Ticaret 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.

Margun Enerji Uretimnayi Ve Ticaret AS's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Margun Enerji Uretimnayi Ve Ticaret AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Margun Enerji Uretimnayi Ve Ticaret AS's Days Sales Outstanding falls into.

Margun Enerji Uretimnayi Ve Ticaret 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.

Margun Enerji Uretimnayi Ve Ticaret 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
=	( (49.189	+	46.478)	/	2 )	/	758.553	*	365
=	47.8335					/	758.553	*	365
=	23.02

Margun Enerji Uretimnayi Ve Ticaret 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
=	( (671.572	+	46.478)	/	2 )	/	288.312	*	365 / 4
=	359.025					/	288.312	*	365 / 4
=	113.63

Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Days Sales Outstanding Explanation

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

Margun Enerji Uretimnayi Ve Ticaret AS Days Sales Outstanding Related Terms

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Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Margun Enerji Uretim Sanayi Ve Ticaret AS (IST:MAGEN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

K?z?l?rmak Mahallesi, 1450 Street, ATM Plaza (B) Blok 1/67, Cankaya, Ankara, TUR

Website

https://www.margunenerji.com.tr

Margun Enerji Uretim Sanayi Ve Ticaret AS operates in the fields of power plant establishment, commissioning, electrical energy production, establishment, and commitment of power generation facilities in order to obtain electricity from Renewable Energy Sources, primarily Solar Energy.

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