Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Receivables Turnover : 0.85 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Panelsan Cati Cephe Sistemlerinayi VeTicaret 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. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Revenue for the three months ended in Mar. 2024 was ₺515 Mil. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's average Accounts Receivable for the three months ended in Mar. 2024 was ₺609 Mil. Hence, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Receivables Turnover for the three months ended in Mar. 2024 was 0.85.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Receivables Turnover Historical Data

The historical data trend for Panelsan Cati Cephe Sistemlerinayi VeTicaret 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.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Receivables Turnover Chart

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.42

3.38

3.79

6.42

5.11

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial												1.71	1.18	1.00	2.14	0.85

Competitive Comparison of Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Receivables Turnover

For the Building Products & Equipment subindustry, Panelsan Cati Cephe Sistemlerinayi VeTicaret 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.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Receivables Turnover falls into.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Receivables Turnover Calculation

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

Panelsan Cati Cephe Sistemlerinayi VeTicaret 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 )
=	2651.638	/ (	(497.802	+	540.368)	/	2 )
=	2651.638	/	519.085
=	5.11

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	515.082	/ (	(540.368	+	677.115)	/	2 )
=	515.082	/	608.7415
=	0.85

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) 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.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Panelsan Cati Cephe Sistemleri Sanayi VeTicaret AS (IST:PNLSN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street No:4 A Block 3rd Floor Flat 18, Maidan Business and Life Center Mustafa Kemal Mahallesi 2118, Cankaya, Ankara, TUR

Website

https://www.panelsan.com

Panelsan Cati Cephe Sistemleri Sanayi VeTicaret AS is engaged in manufacturing of building materials.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Headlines

No Headlines