Tofas Turk Otomobil Fabrikasi AS (Tofas Turk Otomobil Fabrikasi AS) Days Sales Outstanding : 26.43 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Tofas Turk Otomobil Fabrikasi AS Days Sales Outstanding?

Tofas Turk Otomobil Fabrikasi AS's average Accounts Receivable for the three months ended in Dec. 2023 was $596 Mil. Tofas Turk Otomobil Fabrikasi AS's Revenue for the three months ended in Dec. 2023 was $2,058 Mil. Hence, Tofas Turk Otomobil Fabrikasi AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.43.

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

TTOFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.99 Med: 38.44 Max: 76.03
Current: 47.93

During the past 13 years, Tofas Turk Otomobil Fabrikasi AS's highest Days Sales Outstanding was 76.03. The lowest was 29.99. And the median was 38.44.

TTOFF's Days Sales Outstanding is ranked better than
65.9% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 60.13 vs TTOFF: 47.93

Tofas Turk Otomobil Fabrikasi AS's Days Sales Outstanding increased from Dec. 2022 (19.64) to Dec. 2023 (26.43).

Tofas Turk Otomobil Fabrikasi AS Days Sales Outstanding Historical Data

The historical data trend for Tofas Turk Otomobil Fabrikasi 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.

Tofas Turk Otomobil Fabrikasi AS Days Sales Outstanding Chart

Tofas Turk Otomobil Fabrikasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

41.96

63.30

101.09

49.55

79.81

Tofas Turk Otomobil Fabrikasi 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															19.64	89.17	57.89	53.81	26.43

Competitive Comparison of Tofas Turk Otomobil Fabrikasi AS's Days Sales Outstanding

For the Auto Manufacturers subindustry, Tofas Turk Otomobil Fabrikasi 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.

Tofas Turk Otomobil Fabrikasi AS's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tofas Turk Otomobil Fabrikasi AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tofas Turk Otomobil Fabrikasi AS's Days Sales Outstanding falls into.

Tofas Turk Otomobil Fabrikasi 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.

Tofas Turk Otomobil Fabrikasi 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
=	( (1320.822	+	633.387)	/	2 )	/	4468.886	*	365
=	977.1045					/	4468.886	*	365
=	79.81

Tofas Turk Otomobil Fabrikasi 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
=	( (558.999	+	633.387)	/	2 )	/	2058.256	*	365 / 4
=	596.193					/	2058.256	*	365 / 4
=	26.43

Tofas Turk Otomobil Fabrikasi AS (GREY:TTOFF) Days Sales Outstanding Explanation

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

Tofas Turk Otomobil Fabrikasi AS Days Sales Outstanding Related Terms

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

Tofas Turk Otomobil Fabrikasi AS (Tofas Turk Otomobil Fabrikasi AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tofas Turk Otomobil Fabrikasi AS (GREY:TTOFF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TOASO:Turkey

Address

Buyukdere Cad. No: 145 Tofas Han, Zincirlikuyu, Istanbul, TUR, 34394

Website

https://www.tofas.com.tr

Tofas Turk Otomobil Fabrikasi AS is a Turkish automotive manufacturer of both passenger cars and light commercial vehicles. Its core business s manufacturing, exporting and selling passenger cars and light commercial vehicles under licenses of Fiat Chrysler Automobiles S.p.A. (Fiat). The company manufactures for a range of passenger cars i.e. Fiat Linea, Egea models, and others. Tofas also acts as a distributor of the Fiat, Alfa Romeo, Jeep, Lancia, Maserati, and Ferrari brands in Turkey. It also produces various automotive spare parts used in its automobiles. The company has three business divisions namely Automobile, Trading of spare parts, and Consumer finance.

Tofas Turk Otomobil Fabrikasi AS (Tofas Turk Otomobil Fabrikasi AS) Headlines

No Headlines