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Kontrolmatik Teknoloji Enerji Ve Muhendislik (IST:KONTR) Accounts Receivable : ₺1,319 Mil (As of Dec. 2023)


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What is Kontrolmatik Teknoloji Enerji Ve Muhendislik Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kontrolmatik Teknoloji Enerji Ve Muhendislik's accounts receivables for the quarter that ended in Dec. 2023 was ₺1,319 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kontrolmatik Teknoloji Enerji Ve Muhendislik's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 55.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kontrolmatik Teknoloji Enerji Ve Muhendislik's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-33.67.


Kontrolmatik Teknoloji Enerji Ve Muhendislik Accounts Receivable Historical Data

The historical data trend for Kontrolmatik Teknoloji Enerji Ve Muhendislik'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.

Kontrolmatik Teknoloji Enerji Ve Muhendislik Accounts Receivable Chart

Kontrolmatik Teknoloji Enerji Ve Muhendislik Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 56.35 113.25 393.79 835.36 1,319.33

Kontrolmatik Teknoloji Enerji Ve Muhendislik Quarterly Data
Dec17 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 835.36 730.88 953.71 1,188.22 1,319.33

Kontrolmatik Teknoloji Enerji Ve Muhendislik Accounts Receivable Calculation

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


Kontrolmatik Teknoloji Enerji Ve Muhendislik 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.

Kontrolmatik Teknoloji Enerji Ve Muhendislik's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1319.328/2164.01*91
=55.63

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Kontrolmatik Teknoloji Enerji Ve Muhendislik's accounts receivable are only considered to be worth 75% of book value:

Kontrolmatik Teknoloji Enerji Ve Muhendislik'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)
=(721.038+0.75 * 1319.328+0.5 * 940.624-7933.706
-0-981.189)/200
=-33.67

* 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.


Kontrolmatik Teknoloji Enerji Ve Muhendislik Accounts Receivable Related Terms

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Kontrolmatik Teknoloji Enerji Ve Muhendislik (IST:KONTR) Business Description

Traded in Other Exchanges
N/A
Address
A Blok Kat: 15 No: 58, Tekstilkent Koza Plaza, Istanbul, TUR
Kontrolmatik Teknoloji Enerji Ve Muhendislik is engaged in the business of providing operational technology solutions for infrastructure projects in Power Plants, Electricity Transmission and Distribution Facilities, Oil and Gas industries, Cement industries, and Transportation sector. The company provides electrification services, EPCM solutions, Automation, Balance of plant, Cybersecurity solutions, Instrumentation Control, and Test and commissioning services.

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