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Dardanel Onentas Gidanayi AS (IST:DARDL) Accounts Receivable : ₺167 Mil (As of Dec. 2022)


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What is Dardanel Onentas Gidanayi AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dardanel Onentas Gidanayi AS's accounts receivables for the quarter that ended in Dec. 2022 was ₺167 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dardanel Onentas Gidanayi AS's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 10.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dardanel Onentas Gidanayi AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was ₺-2.20.


Dardanel Onentas Gidanayi AS Accounts Receivable Historical Data

The historical data trend for Dardanel Onentas Gidanayi 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.

Dardanel Onentas Gidanayi AS Accounts Receivable Chart

Dardanel Onentas Gidanayi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.19 82.90 118.22 348.86 166.84

Dardanel Onentas Gidanayi AS Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.19 82.90 118.22 348.86 166.84

Dardanel Onentas Gidanayi AS Accounts Receivable Calculation

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


Dardanel Onentas Gidanayi 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.

Dardanel Onentas Gidanayi AS's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=166.837/2873.144*91
=10.60

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Dardanel Onentas Gidanayi AS's accounts receivable are only considered to be worth 75% of book value:

Dardanel Onentas Gidanayi AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(15.735+0.75 * 166.837+0.5 * 365.583-1615.79
-0-0)/586.099
=-2.20

* 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.


Dardanel Onentas Gidanayi AS Accounts Receivable Related Terms

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Dardanel Onentas Gidanayi AS (IST:DARDL) Business Description

Traded in Other Exchanges
N/A
Address
Haydar Aliyev Cad Number 142, Tarabya, Istanbul, TUR
Dardanel Onentas Gida Sanayi AS is a Turkey-based company involved in the manufacturing of canned food. It produces Tuna Fish, Ready to serve Food, Salmon, Chilled Products and Corn among other products.

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