Fuzul Gayrimenkul Yatirim Ortakligi AS (IST:FZLGY) Receivables Turnover : 0.11 (As of Sep. 2024)

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What is Fuzul Gayrimenkul Yatirim Ortakligi AS 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. Fuzul Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Sep. 2024 was ₺36 Mil. Fuzul Gayrimenkul Yatirim Ortakligi AS's average Accounts Receivable for the three months ended in Sep. 2024 was ₺322 Mil. Hence, Fuzul Gayrimenkul Yatirim Ortakligi AS's Receivables Turnover for the three months ended in Sep. 2024 was 0.11.

Fuzul Gayrimenkul Yatirim Ortakligi AS Receivables Turnover Historical Data

The historical data trend for Fuzul Gayrimenkul Yatirim Ortakligi 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.

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Fuzul Gayrimenkul Yatirim Ortakligi AS Receivables Turnover Chart

Fuzul Gayrimenkul Yatirim Ortakligi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

13.95

1.46

0.57

7.51

Fuzul Gayrimenkul Yatirim Ortakligi AS Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial							4.39	2.49	0.35	1.16	0.11

Competitive Comparison of Fuzul Gayrimenkul Yatirim Ortakligi AS's Receivables Turnover

For the REIT - Residential subindustry, Fuzul Gayrimenkul Yatirim Ortakligi 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.

Fuzul Gayrimenkul Yatirim Ortakligi AS's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fuzul Gayrimenkul Yatirim Ortakligi AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fuzul Gayrimenkul Yatirim Ortakligi AS's Receivables Turnover falls into.

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Fuzul Gayrimenkul Yatirim Ortakligi AS Receivables Turnover Calculation

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

Fuzul Gayrimenkul Yatirim Ortakligi AS's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	2750.669	/ (	(169.33	+	563.451)	/	2 )
=	2750.669	/	366.3905
=	7.51

Fuzul Gayrimenkul Yatirim Ortakligi AS's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	35.552	/ (	(446.731	+	196.836)	/	2 )
=	35.552	/	321.7835
=	0.11

Fuzul Gayrimenkul Yatirim Ortakligi AS (IST:FZLGY) 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.

Fuzul Gayrimenkul Yatirim Ortakligi AS Receivables Turnover Related Terms

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Fuzul Gayrimenkul Yatirim Ortakligi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fuzul Gayrimenkul Yatirim Ortakligi AS (IST:FZLGY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Basaksehir Mah. Olimpa Rezidans No:8/1, Cahit Zarifo?lu Cd 423. Sokak D:Floor 1, Istanbul, TUR, 34306

Website

https://www.fuzulgyo.com.tr

Fuzul Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust that designs and develops residential projects. It operates a portfolio consisting of real estate, real estate projects, real estate-based rights, capital market instruments, and other assets.

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