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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. Parsan Makina Parcalarinayii AS's Revenue for the
three
months ended in Sep. 2025 was ₺1,268 Mil. Parsan Makina Parcalarinayii AS's average Accounts Receivable for the
three
months ended in Sep. 2025 was ₺594 Mil.
Hence, Parsan Makina Parcalarinayii AS's Receivables Turnover for the
three
months ended in Sep. 2025 was 2.13.
Parsan Makina Parcalarinayii AS (IST:PARSN) 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.
Parsan Makina Parcalarinayii AS Receivables Turnover Related Terms
Parsan Makina Parcalarinayii AS Receivables Turnover Historical Data
* 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.
Parsan Makina Parcalarinayii AS Receivables Turnover Chart
IST:PARSN vs ORLY, AZO, GPC: Receivables Turnover Comparison
For the Auto Parts subindustry, Parsan Makina Parcalarinayii 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.
Parsan Makina Parcalarinayii AS Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Parsan Makina Parcalarinayii AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Parsan Makina Parcalarinayii AS's Receivables Turnover falls into.
* 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.
Parsan Makina Parcalarinayii AS (IST:PARSN) has a Receivables Turnover of 2.13 as of Sep. 2025. 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 Parsan Makina Parcalarinayii AS and its competitors. According to the industry distribution chart, Parsan Makina Parcalarinayii AS ranks #343 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 26.1%.
Is Parsan Makina Parcalarinayii AS's Receivables Turnover too high?
Parsan Makina Parcalarinayii AS's current Receivables Turnover is 2.13. The Vehicles & Parts industry median Receivables Turnover is 5.99. Parsan Makina Parcalarinayii AS's value of 2.13 is 64.4% below this industry median. Based on the distribution chart, Parsan Makina Parcalarinayii AS ranks #343 out of 1315 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Parsan Makina Parcalarinayii AS has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Parsan Makina Parcalarinayii AS's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Parsan Makina Parcalarinayii AS ranks #343 out of 1315 companies for Receivables Turnover. This puts Parsan Makina Parcalarinayii AS in the upper half of its industry. The industry median Receivables Turnover is 5.99. Parsan Makina Parcalarinayii AS's value of 2.13 is 64.4% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Parsan Makina Parcalarinayii AS's current Receivables Turnover of 2.13 is 64.4% 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 Parsan Makina Parcalarinayii AS and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parsan Makina Parcalarinayii AS's current Receivables Turnover is 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parsan Makina Parcalarinayii AS stock overvalued right now?
Based on GuruFocus' analysis, Parsan Makina Parcalarinayii AS (IST:PARSN) is currently considered Possible Value Trap. The stock's GF Value™ is ₺123.01, compared to a current price of ₺81.40 — trading 33.8% below its estimated fair value. The current Receivables Turnover is 2.13 and 64.4% below the Vehicles & Parts industry median of 5.99. Parsan Makina Parcalarinayii AS's overall GF Score™ is 52/100 with 8 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 Parsan Makina Parcalarinayii AS (IST:PARSN), the current Receivables Turnover is 2.13 as of Sep. 2025. 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.
Is Parsan Makina Parcalarinayii AS (IST:PARSN) Overvalued in 2026?
Based on GuruFocus' analysis, Parsan Makina Parcalarinayii AS stock appears to be undervalued.
The current stock price of ₺81.40 is trading 33.8% below its estimated GF Value™ of ₺123.01.
GuruFocus considers Parsan Makina Parcalarinayii AS to be Possible Value Trap.
Key valuation signals for IST:PARSN:
Receivables Turnover: 2.13
GF Value™: ₺123.01 vs. price of ₺81.40 (33.8% below fair value)
Industry Position: 64.4% below the Vehicles & Parts median (#343 of 1315)
No single metric tells the full story. See the IST:PARSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parsan Makina Parcalarinayii AS Business Description
Parsan Makina Parcalari Sanayii AS is a Turkey-based company involved in the business of forging, heat treatment, special machining and die production. It manufactures Cardan shafts, spider gears, slip shafts, other automotive products, rear axle shafts, front axle beams, and front axle assemblies, and track assemblies.
52GF Score
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