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Metal Gayrimenkul AS (IST:METAL) Receivables Turnover : 3.26 (As of Jun. 2018)


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What is Metal Gayrimenkul 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. Metal Gayrimenkul AS's Revenue for the three months ended in Jun. 2018 was ₺0.65 Mil. Metal Gayrimenkul AS's average Accounts Receivable for the three months ended in Jun. 2018 was ₺0.20 Mil. Hence, Metal Gayrimenkul AS's Receivables Turnover for the three months ended in Jun. 2018 was 3.26.


Metal Gayrimenkul AS Receivables Turnover Historical Data

The historical data trend for Metal Gayrimenkul 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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Metal Gayrimenkul AS Receivables Turnover Chart

Metal Gayrimenkul AS Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 151.17

Metal Gayrimenkul AS Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18
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 7.14 10.69 - 6.66 3.26

Competitive Comparison of Metal Gayrimenkul AS's Receivables Turnover

For the Real Estate - Development subindustry, Metal Gayrimenkul 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.


Metal Gayrimenkul AS's Receivables Turnover Distribution in the Real Estate Industry

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

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



Metal Gayrimenkul AS Receivables Turnover Calculation

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

Metal Gayrimenkul AS's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=9.524 / ((0 + 0.063) / 1 )
=9.524 / 0.063
=151.17

Metal Gayrimenkul AS's Receivables Turnover for the quarter that ended in Jun. 2018 is calculated as

Receivables Turnover (Q: Jun. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2018 ) / ((Accounts Receivable (Q: Mar. 2018 ) + Accounts Receivable (Q: Jun. 2018 )) / count )
=0.651 / ((0.227 + 0.173) / 2 )
=0.651 / 0.2
=3.26

* 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.


Metal Gayrimenkul AS  (IST:METAL) 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.


Metal Gayrimenkul AS Receivables Turnover Related Terms

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Metal Gayrimenkul AS (IST:METAL) Business Description

Traded in Other Exchanges
N/A
Address
Gokturk Merkez Quarter, Istanbul Street Arcadiumlife II Site N26 K / 2, EYUP, Istanbul, TUR
Metal Gayrimenkul AS is a construction company. The company projects include Blue Lake Kucukcekmece Project, which has more than 750 residences, is under construction on Kucukcekmece Lake.

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