Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S (IST:PATEK) Receivables Turnover : 0.82 (As of Sep. 2024)

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What is Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S 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. Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Revenue for the three months ended in Sep. 2024 was ₺247.3 Mil. Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's average Accounts Receivable for the three months ended in Sep. 2024 was ₺300.3 Mil. Hence, Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Receivables Turnover for the three months ended in Sep. 2024 was 0.82.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Receivables Turnover Historical Data

The historical data trend for Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S'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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Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Receivables Turnover Chart

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Annual Data

Trend

Dec20

Dec21

Dec22

Receivables Turnover

2.35

2.29

2.35

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial				-	2.30	0.57	1.11	0.82

Competitive Comparison of Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Receivables Turnover

For the Information Technology Services subindustry, Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S'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.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Receivables Turnover falls into.

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Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Receivables Turnover Calculation

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

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	403.52	/ (	(168.22	+	174.837)	/	2 )
=	403.52	/	171.5285
=	2.35

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S'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 )
=	247.321	/ (	(325.57	+	275.01)	/	2 )
=	247.321	/	300.29
=	0.82

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S (IST:PATEK) 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.

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Receivables Turnover Related Terms

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Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S (IST:PATEK) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ayazaga Mah. Kemerburgaz Cad, Vadi Istanbul Park site 7A Block No. 7B, Ic Kapi No.32, Sariyer, Istanbul, TUR

Website

https://www.pasifikteknoloji.com

Pasifik Donanim Yazilim ve Bilgi Teknolojileri A S is a company that provides services such as cyber security, software development, IT hardware and OT technological infrastructure services.

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