Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Days Sales Outstanding : 37.67 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Meka Betonntralleri Imalatnayi ve Ticaret AS Days Sales Outstanding?

Meka Betonntralleri Imalatnayi ve Ticaret AS's average Accounts Receivable for the three months ended in Sep. 2023 was ₺108.6 Mil. Meka Betonntralleri Imalatnayi ve Ticaret AS's Revenue for the three months ended in Sep. 2023 was ₺263.0 Mil. Hence, Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Sep. 2023 was 37.67.

The historical rank and industry rank for Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding or its related term are showing as below:

IST:MEKAG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.73 Med: 27.22 Max: 73.99
Current: 73.99

During the past 3 years, Meka Betonntralleri Imalatnayi ve Ticaret AS's highest Days Sales Outstanding was 73.99. The lowest was 23.73. And the median was 27.22.

IST:MEKAG's Days Sales Outstanding is ranked worse than
66.93% of 381 companies
in the Building Materials industry
Industry Median: 54.68 vs IST:MEKAG: 73.99

Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding increased from Jun. 2022 (0.00) to Sep. 2023 (37.67).

Meka Betonntralleri Imalatnayi ve Ticaret AS Days Sales Outstanding Historical Data

The historical data trend for Meka Betonntralleri Imalatnayi ve Ticaret AS'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.

* Premium members only.

Meka Betonntralleri Imalatnayi ve Ticaret AS Days Sales Outstanding Chart

Meka Betonntralleri Imalatnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

44.45

27.22

23.73

Meka Betonntralleri Imalatnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			-	-	29.66	-	37.67

Competitive Comparison of Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding

For the Building Materials subindustry, Meka Betonntralleri Imalatnayi ve Ticaret AS'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.

Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding falls into.

Meka Betonntralleri Imalatnayi ve Ticaret AS 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.

Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (27.632	+	65.67)	/	2 )	/	717.666	*	365
=	46.651					/	717.666	*	365
=	23.73

Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (97.318	+	119.817)	/	2 )	/	262.994	*	365 / 4
=	108.5675					/	262.994	*	365 / 4
=	37.67

Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Days Sales Outstanding Explanation

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

Meka Betonntralleri Imalatnayi ve Ticaret AS Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Meka Betonntralleri Imalatnayi ve Ticaret AS's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Meka Beton Santralleri Imalat Sanayi ve Ticaret AS (IST:MEKAG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ismet Inonu Blv No. 12, Malikoy Baskent Osb, Ankara, TUR, 06909

Website

https://www.mekaglobal.com/tr

Meka Beton Santralleri Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.

Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Headlines

No Headlines