Artemis Hali AS (IST:ARTMS) Receivables Turnover: 0.20 (As of Mar. 2026)


IST:ARTMS Artemis Hali AS IST:ARTMS
60 GF Score
Price ₺43.30
! 9 Warning Signs
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What is Artemis Hali AS Receivables Turnover?

Artemis Hali AS IST:ARTMS +0.70% 60 Receivables Turnover is 0.20 as of Mar. 2026. GuruFocus rates IST:ARTMS with a GF Score™ of 60/100. The stock has 9 warning signs investors should review. Among 1,031 Manufacturing - Apparel & Accessories companies, Artemis Hali AS ranks worse than 95.73% on this metric.

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. Artemis Hali AS's Revenue for the three months ended in Mar. 2026 was ₺75.3 Mil. Artemis Hali AS's average Accounts Receivable for the three months ended in Mar. 2026 was ₺375.7 Mil. Hence, Artemis Hali AS's Receivables Turnover for the three months ended in Mar. 2026 was 0.20.


Artemis Hali AS  (IST:ARTMS) 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.


Artemis Hali AS Receivables Turnover Related Terms


Artemis Hali AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Artemis Hali AS'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.

Artemis Hali AS Receivables Turnover Chart

Artemis Hali AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 2.20 2.40 3.36 2.03 1.05

Artemis Hali AS Quarterly Data
Dec20 Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.65 0.43 0.20 0.20

Artemis Hali AS Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Artemis Hali AS'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.


Artemis Hali AS Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artemis Hali AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Artemis Hali AS's Receivables Turnover falls into.


IST:ARTMS
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Artemis Hali AS IST:ARTMS
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Artemis Hali AS Receivables Turnover Calculation

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

Artemis Hali AS's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=637.121 / ((784.171 + 427.441) / 2 )
=637.121 / 605.806
=1.05

Artemis Hali AS's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=75.33 / ((427.441 + 323.91) / 2 )
=75.33 / 375.6755
=0.20

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.20 mean?
Artemis Hali AS (IST:ARTMS) has a Receivables Turnover of 0.20 as of Mar. 2026. The accounts 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. View historical data on Artemis Hali AS and its competitors. According to the industry distribution chart, Artemis Hali AS ranks #987 out of 1031 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 95.7%.
Is Artemis Hali AS's Receivables Turnover too high?
Artemis Hali AS's current Receivables Turnover is 0.20. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.97. Artemis Hali AS's value of 0.20 is 97.1% below this industry median. Based on the distribution chart, Artemis Hali AS ranks #987 out of 1031 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Artemis Hali AS has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Artemis Hali AS's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Artemis Hali AS ranks #987 out of 1031 companies for Receivables Turnover. This places Artemis Hali AS in the lower half of its industry. The industry median Receivables Turnover is 6.97. Artemis Hali AS's value of 0.20 is 97.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.97, based on 1,031 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artemis Hali AS's current Receivables Turnover of 0.20 is 97.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Artemis Hali AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artemis Hali AS's current Receivables Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artemis Hali AS stock overvalued right now?
Artemis Hali AS (IST:ARTMS) has a current Receivables Turnover of 0.20. The current Receivables Turnover is 0.20 and 97.1% below the Manufacturing - Apparel & Accessories industry median of 6.97. Artemis Hali AS's overall GF Score™ is 60/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Artemis Hali AS (IST:ARTMS), the current Receivables Turnover is 0.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Artemis Hali AS Business Description

Address Balmumcu District Itri Street No:8/1, Turkey, TUR
Artemis Hali AS is a company whose business activity is manufacturing, importing, exporting, buying-selling and marketing all kinds of handmade carpets and machine-made carpets, runners, prayer rugs, rugs, blankets and textile products.
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