Vestel Elektroniknayi Ve Ticaret AS (IST:VESTL) Receivables Turnover : 1.76 (As of Mar. 2025)

View and export this data going back to 1990. Start your Free Trial

What is Vestel Elektroniknayi Ve 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. Vestel Elektroniknayi Ve Ticaret AS's Revenue for the three months ended in Mar. 2025 was ₺31,461 Mil. Vestel Elektroniknayi Ve Ticaret AS's average Accounts Receivable for the three months ended in Mar. 2025 was ₺17,914 Mil. Hence, Vestel Elektroniknayi Ve Ticaret AS's Receivables Turnover for the three months ended in Mar. 2025 was 1.76.

Vestel Elektroniknayi Ve Ticaret AS Receivables Turnover Historical Data

The historical data trend for Vestel Elektroniknayi Ve 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.

Vestel Elektroniknayi Ve Ticaret AS Receivables Turnover Chart

Vestel Elektroniknayi Ve Ticaret AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

4.91

5.38

8.98

7.39

6.21

Vestel Elektroniknayi Ve Ticaret AS Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															1.65	1.59	1.58	2.08	1.76

Competitive Comparison of Vestel Elektroniknayi Ve Ticaret AS's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Vestel Elektroniknayi Ve 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.

Vestel Elektroniknayi Ve Ticaret AS's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vestel Elektroniknayi Ve Ticaret AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vestel Elektroniknayi Ve Ticaret AS's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Vestel Elektroniknayi Ve Ticaret AS Receivables Turnover Calculation

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

Vestel Elektroniknayi Ve Ticaret AS's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	142736.499	/ (	(25736.818	+	20210.352)	/	2 )
=	142736.499	/	22973.585
=	6.21

Vestel Elektroniknayi Ve Ticaret AS's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	31461.435	/ (	(20210.352	+	15617.974)	/	2 )
=	31461.435	/	17914.163
=	1.76

Vestel Elektroniknayi Ve Ticaret AS (IST:VESTL) 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.

Vestel Elektroniknayi Ve Ticaret AS Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Vestel Elektroniknayi Ve Ticaret AS's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Vestel Elektroniknayi Ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Vestel Elektronik Sanayi Ve Ticaret AS (IST:VESTL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Levent 199, Buyukdere Caddesi No: 199, Istanbul, TUR, 34394

Website

https://www.vestel.com.tr

Vestel Elektronik Sanayi Ve Ticaret AS is a Turkey-based company that is principally engaged in manufacturing and selling consumer electronics, household appliances, and other products. The company offers products, including televisions, smartphones, refrigerators, washing machines, dishwashers, small home appliances, built-in products, air conditioners, heaters, and others. The company has business presence in both domestic and overseas markets, with over half of total revenue generated from overseas markets.

Vestel Elektroniknayi Ve Ticaret AS Headlines

No Headlines