Atlantis Yatirim Holding AS (IST:ATSYH) Receivables Turnover: 0.57 (As of Jun. 2023)

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IST:ATSYH Atlantis Yatirim Holding AS IST:ATSYH
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Price ₺117.00
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What is Atlantis Yatirim Holding AS Receivables Turnover?

Atlantis Yatirim Holding AS IST:ATSYH -1.68% 5 Receivables Turnover is 0.57 as of Jun. 2023. GuruFocus rates IST:ATSYH with a GF Score™ of 5/100.

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. Atlantis Yatirim Holding AS's Revenue for the three months ended in Jun. 2023 was ₺9.44 Mil. Atlantis Yatirim Holding AS's average Accounts Receivable for the three months ended in Jun. 2023 was ₺16.48 Mil. Hence, Atlantis Yatirim Holding AS's Receivables Turnover for the three months ended in Jun. 2023 was 0.57.


Atlantis Yatirim Holding AS  (IST:ATSYH) 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.


Atlantis Yatirim Holding AS Receivables Turnover Related Terms


Atlantis Yatirim Holding AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Atlantis Yatirim Holding 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.

Atlantis Yatirim Holding AS Receivables Turnover Chart

Atlantis Yatirim Holding AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 2.80 2.78 3.60 3.77

Atlantis Yatirim Holding AS Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.72 0.81 1.11 0.57

IST:ATSYH vs RL, VFC, LEVI: Receivables Turnover Comparison

For the Apparel Manufacturing subindustry, Atlantis Yatirim Holding 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.


Atlantis Yatirim Holding AS Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Atlantis Yatirim Holding AS's Receivables Turnover falls into.


IST:ATSYH
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Atlantis Yatirim Holding AS IST:ATSYH
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Atlantis Yatirim Holding AS Receivables Turnover Calculation

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

Atlantis Yatirim Holding AS's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=51.355 / ((13.275 + 13.986) / 2 )
=51.355 / 13.6305
=3.77

Atlantis Yatirim Holding AS's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=9.44 / ((22.403 + 10.551) / 2 )
=9.44 / 16.477
=0.57

* 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 0.57 mean?
Atlantis Yatirim Holding AS (IST:ATSYH) has a Receivables Turnover of 0.57 as of Jun. 2023. 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 Atlantis Yatirim Holding AS and its competitors.
Is Atlantis Yatirim Holding AS's Receivables Turnover too high?
Atlantis Yatirim Holding AS's current Receivables Turnover is 0.57. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Atlantis Yatirim Holding AS's value of 0.57 is 91.8% below this industry median. Overall, Atlantis Yatirim Holding AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Atlantis Yatirim Holding AS's Receivables Turnover compare to RL and VFC?
Atlantis Yatirim Holding AS's Receivables Turnover of 0.57 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Receivables Turnover is 6.94. Atlantis Yatirim Holding AS's value of 0.57 is 91.8% 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 6.94, based on 1,032 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. Atlantis Yatirim Holding AS's current Receivables Turnover of 0.57 is 91.8% 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 Atlantis Yatirim Holding AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlantis Yatirim Holding AS's current Receivables Turnover is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlantis Yatirim Holding AS stock overvalued right now?
Atlantis Yatirim Holding AS (IST:ATSYH) has a current Receivables Turnover of 0.57. The current Receivables Turnover is 0.57 and 91.8% below the Manufacturing - Apparel & Accessories industry median of 6.94. Atlantis Yatirim Holding AS's overall GF Score™ is 5/100. 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 Atlantis Yatirim Holding AS (IST:ATSYH), the current Receivables Turnover is 0.57 as of Jun. 2023. 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.

Atlantis Yatirim Holding AS Business Description

Address Caddebostan Quarter Notary Street Taskin, Apartment Building Number 16/2, Kadikoy, Istanbul, TUR
Atlantis Yatirim Holding AS is a portfolio management company. The company provides financial and management services to companies.
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