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Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Accounts Receivable : ₺816 Mil (As of Dec. 2023)


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What is Logo Yazilimnayi ve Ticaret AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Logo Yazilimnayi ve Ticaret AS's accounts receivables for the quarter that ended in Dec. 2023 was ₺816 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Logo Yazilimnayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 56.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Logo Yazilimnayi ve Ticaret AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₺-18.99.


Logo Yazilimnayi ve Ticaret AS Accounts Receivable Historical Data

The historical data trend for Logo Yazilimnayi ve Ticaret 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.

Logo Yazilimnayi ve Ticaret AS Accounts Receivable Chart

Logo Yazilimnayi ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 211.16 235.67 333.67 638.40 815.65

Logo Yazilimnayi ve Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 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 638.40 292.66 487.37 449.78 815.65

Logo Yazilimnayi ve Ticaret AS Accounts Receivable Calculation

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


Logo Yazilimnayi ve Ticaret 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.

Logo Yazilimnayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=815.652/1314.194*91
=56.63

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

Logo Yazilimnayi ve Ticaret AS'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)
=(770.098+0.75 * 815.652+0.5 * 36.298-3040.275
-0-192.604)/96.5193
=-18.99

* 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.


Logo Yazilimnayi ve Ticaret AS Accounts Receivable Related Terms

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Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Business Description

Traded in Other Exchanges
N/A
Address
Sahabettin Bilgisu Caddesi, No. 609, Gebze Organize Sanayi Bolgesi, Kocaeli, Gebze, TUR, 41400
Logo Yazilim Sanayi ve Ticaret AS is a software company developing software for engineering and project management. The company's vast array of solutions includes Enterprise Resource Planning solutions, Project Solutions, Small and Medium Enterprise Solutions, Business Analytics Solutions, Human Resource Solutions, Supply Chain Solutions, Integrated Products, Work Flow Management Solutions, Retail Cloud Solutions, Customer Relationship Management Solutions, and Mobile Solutions. The group generates revenue from the sale of off-the-shelf software, logo enterprise membership, SaaS membership, after-sales services, Netsis software license, development of customized software and version upgrade package sales.

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