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Ldr Turizm Anonim Sirketi (IST:LIDER) Accounts Receivable : ₺24 Mil (As of Dec. 2023)


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What is Ldr Turizm Anonim Sirketi Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ldr Turizm Anonim Sirketi's accounts receivables for the quarter that ended in Dec. 2023 was ₺24 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ldr Turizm Anonim Sirketi's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 2.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ldr Turizm Anonim Sirketi's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺1.58.


Ldr Turizm Anonim Sirketi Accounts Receivable Historical Data

The historical data trend for Ldr Turizm 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.

Ldr Turizm Anonim Sirketi Accounts Receivable Chart

Ldr Turizm Anonim Sirketi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 5.41 6.72 7.54 12.19 24.18

Ldr Turizm Anonim Sirketi Quarterly Data
Dec18 Dec19 Sep20 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 Premium Member Only Premium Member Only 12.19 11.27 15.20 20.31 24.18

Ldr Turizm Anonim Sirketi Accounts Receivable Calculation

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


Ldr Turizm 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.

Ldr Turizm 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
=24.179/849.212*91
=2.60

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

Ldr Turizm 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)
=(1586.937+0.75 * 24.179+0.5 * 452.432-1570.627
-0-0)/165
=1.58

* 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.


Ldr Turizm Anonim Sirketi Accounts Receivable Related Terms

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Ldr Turizm Anonim Sirketi (IST:LIDER) Business Description

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Address
Plaza Ayazaga Yolu No:7 K:14, Maslak, Istanbul, TUR
Ldr Turizm Anonim Sirketi provides its customers with long-term specialized car rental services within the framework of financial and technological developments. The services offered by the company include 24/7 professional assistance & roadside assistance, backup vehicles, maintenance & repair, examination, tire management, penalty management, and valet service.

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