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Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Receivables Turnover : 3.30 (As of Sep. 2022)


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What is Dogu Aras Enerji Yatirimlari A.S. Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Dogu Aras Enerji Yatirimlari A.S.'s Revenue for the three months ended in Sep. 2022 was ₺3,658 Mil. Dogu Aras Enerji Yatirimlari A.S.'s average Accounts Receivable for the three months ended in Sep. 2022 was ₺1,110 Mil. Hence, Dogu Aras Enerji Yatirimlari A.S.'s Receivables Turnover for the three months ended in Sep. 2022 was 3.30.


Dogu Aras Enerji Yatirimlari A.S. Receivables Turnover Historical Data

The historical data trend for Dogu Aras Enerji Yatirimlari A.S.'s Receivables Turnover 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.

Dogu Aras Enerji Yatirimlari A.S. Receivables Turnover Chart

Dogu Aras Enerji Yatirimlari A.S. Annual Data
Trend Dec18 Dec19 Dec20
Receivables Turnover
9.84 9.35 11.12

Dogu Aras Enerji Yatirimlari A.S. Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 3.82 2.50 3.16 3.30

Competitive Comparison of Dogu Aras Enerji Yatirimlari A.S.'s Receivables Turnover

For the Utilities - Independent Power Producers subindustry, Dogu Aras Enerji Yatirimlari A.S.'s Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Dogu Aras Enerji Yatirimlari A.S.'s Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dogu Aras Enerji Yatirimlari A.S.'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dogu Aras Enerji Yatirimlari A.S.'s Receivables Turnover falls into.



Dogu Aras Enerji Yatirimlari A.S. Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Dogu Aras Enerji Yatirimlari A.S.'s Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=2764.03 / ((258.959 + 238.266) / 2 )
=2764.03 / 248.6125
=11.12

Dogu Aras Enerji Yatirimlari A.S.'s Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=3657.86 / ((1135.138 + 1084.742) / 2 )
=3657.86 / 1109.94
=3.30

* 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.


Dogu Aras Enerji Yatirimlari A.S.  (IST:ARASE) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Dogu Aras Enerji Yatirimlari A.S. Receivables Turnover Related Terms

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Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Sukrupasa Mahallesi Susam Sok. Gamaoglu Yavuz Selim, Sitesi C-Block Six No: 1/A , Yakutiye, Erzurum, TUR
Dogu Aras Enerji Yatirimlari A.S. operates in the energy distribution and energy retail sectors.

Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Headlines

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