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Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Accounts Receivable : ₺958 Mil (As of Dec. 2023)


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What is Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's accounts receivables for the quarter that ended in Dec. 2023 was ₺958 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 52.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-0.65.


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Accounts Receivable Historical Data

The historical data trend for Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Accounts Receivable Chart

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
95.94 152.33 210.81 866.40 957.58

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 866.40 537.62 731.00 912.15 957.58

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Accounts Receivable Calculation

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


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi 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.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=957.575/1672.914*91
=52.23

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's accounts receivable are only considered to be worth 75% of book value:

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(555.33+0.75 * 957.575+0.5 * 610.778-2075.379
-0-0)/760
=-0.65

* 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.


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Accounts Receivable Related Terms

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Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Organize Sanayi Bolgesi Sehitler Bulvari No: 33, Eskisehir, TUR
Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi manufactures building materials. The company offers sheets, panels, PVC windows, and doors, Refrigerator Glasses, Oven Glasses, and Furniture Glasses.

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