Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER) Receivables Turnover : 1.06 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Kaleseramik Canakkale Kalebodur Seramiknayi 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. Kaleseramik Canakkale Kalebodur Seramiknayi AS's Revenue for the three months ended in Sep. 2024 was ₺2,326 Mil. Kaleseramik Canakkale Kalebodur Seramiknayi AS's average Accounts Receivable for the three months ended in Sep. 2024 was ₺2,191 Mil. Hence, Kaleseramik Canakkale Kalebodur Seramiknayi AS's Receivables Turnover for the three months ended in Sep. 2024 was 1.06.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Receivables Turnover Historical Data

The historical data trend for Kaleseramik Canakkale Kalebodur Seramiknayi 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.

* Premium members only.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Receivables Turnover Chart

Kaleseramik Canakkale Kalebodur Seramiknayi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

3.39

4.46

9.57

5.45

Kaleseramik Canakkale Kalebodur Seramiknayi AS Quarterly Data
	Dec20	Dec21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial						-	-	1.23	0.94	1.06

Competitive Comparison of Kaleseramik Canakkale Kalebodur Seramiknayi AS's Receivables Turnover

For the Building Products & Equipment subindustry, Kaleseramik Canakkale Kalebodur Seramiknayi 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.

Kaleseramik Canakkale Kalebodur Seramiknayi AS's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kaleseramik Canakkale Kalebodur Seramiknayi AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kaleseramik Canakkale Kalebodur Seramiknayi AS's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Kaleseramik Canakkale Kalebodur Seramiknayi AS Receivables Turnover Calculation

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

Kaleseramik Canakkale Kalebodur Seramiknayi 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 )
=	9713.709	/ (	(1844.938	+	1717.718)	/	2 )
=	9713.709	/	1781.328
=	5.45

Kaleseramik Canakkale Kalebodur Seramiknayi 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 )
=	2325.708	/ (	(2260.798	+	2120.642)	/	2 )
=	2325.708	/	2190.72
=	1.06

Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER) 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.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Kaleseramik Canakkale Kalebodur Seramiknayi AS's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kaleseramik Canakkale Kalebodur Seramik Sanayi AS (IST:KLSER) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kavakli Mahallesi Istanbul Caddesi Sanica Blok No:10, Ic Kapi No:1, Beylikduzu, Istanbul, TUR, 34520

Website

https://www.kale.com.tr

Kaleseramik Canakkale Kalebodur Seramik Sanayi AS manufactures acrylic bathtubs and also has been continuing its production in main groups, namely bathrooms, spa, heat, plumbing, glass, and infrastructure. The firm provides products under Panel Radiators, Sanica Condensing Boilers, Kral Condensing Boiler, Design Radiators, and Towel Rails.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Headlines

No Headlines