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Reysas Tasimacilik ve Lojistik Ticaret AS (IST:RYSAS) Receivables Turnover : 7.93 (As of Dec. 2023)


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What is Reysas Tasimacilik ve Lojistik Ticaret 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. Reysas Tasimacilik ve Lojistik Ticaret AS's Revenue for the three months ended in Dec. 2023 was ₺4,074 Mil. Reysas Tasimacilik ve Lojistik Ticaret AS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺514 Mil. Hence, Reysas Tasimacilik ve Lojistik Ticaret AS's Receivables Turnover for the three months ended in Dec. 2023 was 7.93.


Reysas Tasimacilik ve Lojistik Ticaret AS Receivables Turnover Historical Data

The historical data trend for Reysas Tasimacilik ve Lojistik Ticaret 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.

Reysas Tasimacilik ve Lojistik Ticaret AS Receivables Turnover Chart

Reysas Tasimacilik ve Lojistik Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.27 12.70 10.94 8.29 10.90

Reysas Tasimacilik ve Lojistik Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.01 1.41 1.59 2.83 7.93

Competitive Comparison of Reysas Tasimacilik ve Lojistik Ticaret AS's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Reysas Tasimacilik ve Lojistik Ticaret 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.


Reysas Tasimacilik ve Lojistik Ticaret AS's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Reysas Tasimacilik ve Lojistik Ticaret AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Reysas Tasimacilik ve Lojistik Ticaret AS's Receivables Turnover falls into.



Reysas Tasimacilik ve Lojistik Ticaret AS Receivables Turnover Calculation

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

Reysas Tasimacilik ve Lojistik Ticaret 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 )
=6699.059 / ((642.489 + 586.34) / 2 )
=6699.059 / 614.4145
=10.90

Reysas Tasimacilik ve Lojistik Ticaret AS's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=4074.289 / ((441.83 + 586.34) / 2 )
=4074.289 / 514.085
=7.93

* 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.


Reysas Tasimacilik ve Lojistik Ticaret AS  (IST:RYSAS) 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.


Reysas Tasimacilik ve Lojistik Ticaret AS Receivables Turnover Related Terms

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Reysas Tasimacilik ve Lojistik Ticaret AS (IST:RYSAS) Business Description

Traded in Other Exchanges
Address
Abdurrahman Gazi Mah. Güleryüz Cad. No:23, Samand?ra-Sancaktepe, Istanbul, TUR, 34087
Reysas Tasimacilik ve Lojistik Ticaret AS is engaged in marine, overland, rail and air freight business, and renting and management of its warehouses. It engages in the provision of real estate, transportation, storage, and logistics services. Its logistics solutions include local transportation and distribution, fuel logistics, automotive logistics, international services, warehousing, bonded warehousing, sea transportation, and railway transportation services. The technological solutions include Reysas software services, vehicle tracking systems, and customer specific applications.

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