Reeder Teknolojinayi ve Ticaret AS (IST:REEDR) Days Sales Outstanding : 279.36 (As of Mar. 2024)

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What is Reeder Teknolojinayi ve Ticaret AS Days Sales Outstanding?

Reeder Teknolojinayi ve Ticaret AS's average Accounts Receivable for the three months ended in Mar. 2024 was ₺1,477 Mil. Reeder Teknolojinayi ve Ticaret AS's Revenue for the three months ended in Mar. 2024 was ₺482 Mil. Hence, Reeder Teknolojinayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Mar. 2024 was 279.36.

The historical rank and industry rank for Reeder Teknolojinayi ve Ticaret AS's Days Sales Outstanding or its related term are showing as below:

IST:REEDR's Days Sales Outstanding is not ranked ^*
in the Hardware industry.
Industry Median: 75.2
* Ranked among companies with meaningful Days Sales Outstanding only.

Reeder Teknolojinayi ve Ticaret AS's Days Sales Outstanding increased from Mar. 2023 (80.99) to Mar. 2024 (279.36).

Reeder Teknolojinayi ve Ticaret AS Days Sales Outstanding Historical Data

The historical data trend for Reeder Teknolojinayi 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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Reeder Teknolojinayi ve Ticaret AS Days Sales Outstanding Chart

Reeder Teknolojinayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

20.83

81.60

77.04

Reeder Teknolojinayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						80.99	83.72	69.10	91.10	279.36

Competitive Comparison of Reeder Teknolojinayi ve Ticaret AS's Days Sales Outstanding

For the Consumer Electronics subindustry, Reeder Teknolojinayi 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.

Reeder Teknolojinayi ve Ticaret AS's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Reeder Teknolojinayi ve Ticaret AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Reeder Teknolojinayi ve Ticaret AS's Days Sales Outstanding falls into.

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Reeder Teknolojinayi 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.

Reeder Teknolojinayi ve Ticaret AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (188.201	+	580.587)	/	2 )	/	1821.105	*	365
=	384.394					/	1821.105	*	365
=	77.04

Reeder Teknolojinayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1462.071	+	1491.37)	/	2 )	/	482.357	*	365 / 4
=	1476.7205					/	482.357	*	365 / 4
=	279.36

Reeder Teknolojinayi ve Ticaret AS (IST:REEDR) Days Sales Outstanding Explanation

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

Reeder Teknolojinayi ve Ticaret AS Days Sales Outstanding Related Terms

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Reeder Teknolojinayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Reeder Teknoloji Sanayi ve Ticaret AS (IST:REEDR) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Incesu Mah., S?r?ncak Caddesi No:100, Atakum District, Samsun, TUR

Website

https://www.reeder.com.tr

Reeder Teknoloji Sanayi ve Ticaret AS is a company engaged in producing electronic products which are smart mobile phones, robot vacuum cleaner, smart watches, smart television and tablet. The company generates revenue by sales of mobile phones, tablets, robot vacuum cleaners, smart watches and accessories.

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