Sanko Pazarlama Ithalat Ihracat AS (IST:SANKO) Receivables Turnover: 2.04 (As of Mar. 2024)

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IST:SANKO Sanko Pazarlama Ithalat Ihracat AS IST:SANKO
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What is Sanko Pazarlama Ithalat Ihracat AS Receivables Turnover?

Sanko Pazarlama Ithalat Ihracat AS IST:SANKO +2.22% 5 Receivables Turnover is 2.04 as of Mar. 2024. GuruFocus rates IST:SANKO with a GF Score™ of 5/100.

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. Sanko Pazarlama Ithalat Ihracat AS's Revenue for the three months ended in Mar. 2024 was ₺2,010 Mil. Sanko Pazarlama Ithalat Ihracat AS's average Accounts Receivable for the three months ended in Mar. 2024 was ₺986 Mil. Hence, Sanko Pazarlama Ithalat Ihracat AS's Receivables Turnover for the three months ended in Mar. 2024 was 2.04.


Sanko Pazarlama Ithalat Ihracat AS  (IST:SANKO) 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.


Sanko Pazarlama Ithalat Ihracat AS Receivables Turnover Related Terms


Sanko Pazarlama Ithalat Ihracat AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sanko Pazarlama Ithalat Ihracat 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.

Sanko Pazarlama Ithalat Ihracat AS Receivables Turnover Chart

Sanko Pazarlama Ithalat Ihracat 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 4.52 4.09 4.34 8.30 6.72

Sanko Pazarlama Ithalat Ihracat AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.71 1.71 1.85 3.47 2.04

IST:SANKO vs AIN: Receivables Turnover Comparison

For the Textile Manufacturing subindustry, Sanko Pazarlama Ithalat Ihracat 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.


Sanko Pazarlama Ithalat Ihracat AS Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sanko Pazarlama Ithalat Ihracat AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sanko Pazarlama Ithalat Ihracat AS's Receivables Turnover falls into.


IST:SANKO
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Sanko Pazarlama Ithalat Ihracat AS IST:SANKO
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Sanko Pazarlama Ithalat Ihracat AS Receivables Turnover Calculation

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

Sanko Pazarlama Ithalat Ihracat AS's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=6344.596 / ((1095.441 + 791.457) / 2 )
=6344.596 / 943.449
=6.72

Sanko Pazarlama Ithalat Ihracat AS's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2010.124 / ((791.457 + 1180.988) / 2 )
=2010.124 / 986.2225
=2.04

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.04 mean?
Sanko Pazarlama Ithalat Ihracat AS (IST:SANKO) has a Receivables Turnover of 2.04 as of Mar. 2024. 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 Sanko Pazarlama Ithalat Ihracat AS and its competitors.
Is Sanko Pazarlama Ithalat Ihracat AS's Receivables Turnover too high?
Sanko Pazarlama Ithalat Ihracat AS's current Receivables Turnover is 2.04. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.88. Sanko Pazarlama Ithalat Ihracat AS's value of 2.04 is 70.3% below this industry median. Overall, Sanko Pazarlama Ithalat Ihracat AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Sanko Pazarlama Ithalat Ihracat AS's Receivables Turnover compare to AIN?
Sanko Pazarlama Ithalat Ihracat AS's Receivables Turnover of 2.04 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Receivables Turnover is 6.88. Sanko Pazarlama Ithalat Ihracat AS's value of 2.04 is 70.3% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.88, based on 1,035 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. Sanko Pazarlama Ithalat Ihracat AS's current Receivables Turnover of 2.04 is 70.3% 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 Sanko Pazarlama Ithalat Ihracat AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanko Pazarlama Ithalat Ihracat AS's current Receivables Turnover is 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanko Pazarlama Ithalat Ihracat AS stock overvalued right now?
Sanko Pazarlama Ithalat Ihracat AS (IST:SANKO) has a current Receivables Turnover of 2.04. The current Receivables Turnover is 2.04 and 70.3% below the Manufacturing - Apparel & Accessories industry median of 6.88. Sanko Pazarlama Ithalat Ihracat AS's overall GF Score™ is 5/100. 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 Sanko Pazarlama Ithalat Ihracat AS (IST:SANKO), the current Receivables Turnover is 2.04 as of Mar. 2024. 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.

Sanko Pazarlama Ithalat Ihracat AS Business Description

Address Evren Mah. Gulbahar Cad. No 43 Sunny, Istanbul, TUR, 34212
Sanko Pazarlama Ithalat Ihracat AS manufactures and markets raw materials for textiles and textile goods. Its activities include import, export, sales, and marketing of yarn, home textile goods, knitted and woven fabrics. The company's products include dyed and undyed cotton, cotton thread, synthetic thread, lycra, velvet, denim cloth, and other textile products.
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