Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Days Sales Outstanding : 74.99 (As of Dec. 2023)

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What is Formet Metal Ve Camnayi Anonim Sirketi Days Sales Outstanding?

Formet Metal Ve Camnayi Anonim Sirketi's average Accounts Receivable for the three months ended in Dec. 2023 was ₺192.0 Mil. Formet Metal Ve Camnayi Anonim Sirketi's Revenue for the three months ended in Dec. 2023 was ₺233.6 Mil. Hence, Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding for the three months ended in Dec. 2023 was 74.99.

The historical rank and industry rank for Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding or its related term are showing as below:

IST:FORMT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.72 Med: 233.86 Max: 309.7
Current: 111.86

During the past 9 years, Formet Metal Ve Camnayi Anonim Sirketi's highest Days Sales Outstanding was 309.70. The lowest was 77.72. And the median was 233.86.

IST:FORMT's Days Sales Outstanding is ranked worse than
90.52% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.205 vs IST:FORMT: 111.86

Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding increased from Dec. 2022 (30.38) to Dec. 2023 (74.99).

Formet Metal Ve Camnayi Anonim Sirketi Days Sales Outstanding Historical Data

The historical data trend for Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding 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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Formet Metal Ve Camnayi Anonim Sirketi Days Sales Outstanding Chart

Formet Metal Ve Camnayi Anonim Sirketi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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309.70

163.87

174.16

77.72

121.89

Formet Metal Ve Camnayi Anonim Sirketi Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															30.38	126.65	103.15	214.91	74.99

Competitive Comparison of Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding falls into.

Formet Metal Ve Camnayi Anonim Sirketi Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (126.8	+	196.325)	/	2 )	/	483.794	*	365
=	161.5625					/	483.794	*	365
=	121.89

Formet Metal Ve Camnayi Anonim Sirketi's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (187.641	+	196.325)	/	2 )	/	233.614	*	365 / 4
=	191.983					/	233.614	*	365 / 4
=	74.99

Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Formet Metal Ve Camnayi Anonim Sirketi Days Sales Outstanding Related Terms

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Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Formet Metal Ve Cam Sanayi Anonim Sirketi (IST:FORMT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Caddesi No. 18, Organize Sanayi Bolgesi 9, Kayseri, TUR

Website

http://www.formetcelikkapi.com.tr

Formet Celik Kapi Sanayi ve Ticaret AS manufactures and sells steel doors. It offers products such as Panel Series, Neo Series, Eko Series, and others. The company also provides various accessories such as Knob 204, Knob 208, Kumru 1301 Gold, and other related accessories.

Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Headlines

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