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Agrotech Yuksek Teknoloji ve Yatirim AS (IST:AGROT) Accounts Receivable : ₺1,017 Mil (As of Mar. 2024)


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What is Agrotech Yuksek Teknoloji ve Yatirim AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Agrotech Yuksek Teknoloji ve Yatirim AS's accounts receivables for the quarter that ended in Mar. 2024 was ₺1,017 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Agrotech Yuksek Teknoloji ve Yatirim AS's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 82.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Agrotech Yuksek Teknoloji ve Yatirim AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₺0.97.


Agrotech Yuksek Teknoloji ve Yatirim AS Accounts Receivable Historical Data

The historical data trend for Agrotech Yuksek Teknoloji ve Yatirim AS's Accounts Receivable 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.

Agrotech Yuksek Teknoloji ve Yatirim AS Accounts Receivable Chart

Agrotech Yuksek Teknoloji ve Yatirim AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
8.61 11.28 301.13 238.90

Agrotech Yuksek Teknoloji ve Yatirim AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - 63.54 105.77 238.90 1,017.37

Agrotech Yuksek Teknoloji ve Yatirim AS Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Agrotech Yuksek Teknoloji ve Yatirim AS Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Agrotech Yuksek Teknoloji ve Yatirim AS's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1017.366/1120.815*91
=82.83

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Agrotech Yuksek Teknoloji ve Yatirim AS's accounts receivable are only considered to be worth 75% of book value:

Agrotech Yuksek Teknoloji ve Yatirim AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2935.117+0.75 * 1017.366+0.5 * 12.086-2502.811
-0-39.11)/1200
=0.97

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Agrotech Yuksek Teknoloji ve Yatirim AS Accounts Receivable Related Terms

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Agrotech Yuksek Teknoloji ve Yatirim AS (IST:AGROT) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Küçükbakkalköy, Mah. Atilla ?lhan Cad., Efe Sokak No: 2/1, Ata?ehir, Istanbul, TUR, 34750
Agrotech Yuksek Teknoloji ve Yatirim AS is a Agricultural company whose business activities are in the field of trading agricultural products in the food sector and in the field of software in the definition of technology factors sector.

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