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Good Year Lastikleri TAS (IST:GOODY) Change In Receivables : ₺2,089 Mil (TTM As of Mar. 2024)


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What is Good Year Lastikleri TAS Change In Receivables?

Good Year Lastikleri TAS's change in receivables for the quarter that ended in Mar. 2024 was ₺-746 Mil. It means Good Year Lastikleri TAS's Accounts Receivable increased by ₺746 Mil from Dec. 2023 to Mar. 2024 .

Good Year Lastikleri TAS's change in receivables for the fiscal year that ended in Dec. 2023 was ₺-347 Mil. It means Good Year Lastikleri TAS's Accounts Receivable increased by ₺347 Mil from Dec. 2022 to Dec. 2023 .

Good Year Lastikleri TAS's Accounts Receivable for the quarter that ended in Mar. 2024 was ₺5,108 Mil.

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 Receivable are being managed. Good Year Lastikleri TAS's Days Sales Outstanding for the three months ended in Mar. 2024 was 89.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Good Year Lastikleri TAS's liquidation value for the three months ended in Mar. 2024 was ₺-2,978 Mil.


Good Year Lastikleri TAS Change In Receivables Historical Data

The historical data trend for Good Year Lastikleri TAS's Change In Receivables 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.

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Good Year Lastikleri TAS Change In Receivables Chart

Good Year Lastikleri TAS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.01 -135.95 -596.74 112.40 -347.12

Good Year Lastikleri TAS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 -3,182.40 1,968.00 -1,108.45 1,975.73 -746.26

Good Year Lastikleri TAS Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺2,089 Mil.

* 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.


Good Year Lastikleri TAS  (IST:GOODY) Change In Receivables 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 Receivable are being managed.

Good Year Lastikleri TAS's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5107.914/5230.395*91
=89.11

2. In Ben Graham's calculation of liquidation value, Good Year Lastikleri TAS's accounts receivable are only considered to be worth 75% of book value:

Good Year Lastikleri TAS's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=460.885-8348.539+0.75 * 5107.914+0.5 * 2158.125
=-2,978

* 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.


Good Year Lastikleri TAS Change In Receivables Related Terms

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Good Year Lastikleri TAS (IST:GOODY) Business Description

Traded in Other Exchanges
N/A
Address
Büyükdere Street, Maslak Square, Maslak Business Center No: 37 Floor: 3 -4, Maslak, Istanbul, TUR
Good Year Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. Its products include summer, winter, and four-season tires for all types of vehicles that are used in cars, pickup trucks, vans, trucks, and buses. It also offers outer tires of radial and conventional heavy equipment; and various inner tubes and flaps. Geographically, the company caters its services in domestic and foreign markets.

Good Year Lastikleri TAS (IST:GOODY) Headlines

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