Sonmez Filament Sentetik Iplik Ve Elyafnayi AS (IST:SONME) Days Sales Outstanding : 24.23 (As of Dec. 2023)

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What is Sonmez Filament Sentetik Iplik Ve Elyafnayi AS Days Sales Outstanding?

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺3.65 Mil. Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's Revenue for the three months ended in Dec. 2023 was ₺13.76 Mil. Hence, Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 24.23.

The historical rank and industry rank for Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's Days Sales Outstanding or its related term are showing as below:

IST:SONME' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.66 Med: 31.91 Max: 54.17
Current: 43.94

During the past 13 years, Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's highest Days Sales Outstanding was 54.17. The lowest was 12.66. And the median was 31.91.

IST:SONME's Days Sales Outstanding is ranked better than
61.49% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.18 vs IST:SONME: 43.94

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's Days Sales Outstanding increased from Dec. 2022 (23.46) to Dec. 2023 (24.23).

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS Days Sales Outstanding Historical Data

The historical data trend for Sonmez Filament Sentetik Iplik Ve Elyafnayi 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.

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS Days Sales Outstanding Chart

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.68

12.66

15.68

38.68

54.17

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS 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															23.46	84.13	45.05	42.77	24.23

Competitive Comparison of Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's Days Sales Outstanding

For the Textile Manufacturing subindustry, Sonmez Filament Sentetik Iplik Ve Elyafnayi 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.

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sonmez Filament Sentetik Iplik Ve Elyafnayi AS's Days Sales Outstanding falls into.

Sonmez Filament Sentetik Iplik Ve Elyafnayi 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.

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS'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
=	( (5.736	+	3.68)	/	2 )	/	31.721	*	365
=	4.708					/	31.721	*	365
=	54.17

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS'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
=	( (3.628	+	3.68)	/	2 )	/	13.76	*	365 / 4
=	3.654					/	13.76	*	365 / 4
=	24.23

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS (IST:SONME) Days Sales Outstanding Explanation

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

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS Days Sales Outstanding Related Terms

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Sonmez Filament Sentetik Iplik Ve Elyafnayi AS (IST:SONME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sonmez Filament Sentetik Iplik Ve Elyaf Sanayi AS (IST:SONME) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Organize Sanayi Bölgesi Ali Osman Sönmez Bulvar? No:1, Bursa, TUR, 16372

Website

http://www.sonmezholding.com.tr

Sonmez Filament Sentetik Iplik Ve Elyaf Sanayi AS is engaged in the production of a range of polyester yarn and fiber. The products include flat, twisted, fancy, elastic and colored yarn.

Sonmez Filament Sentetik Iplik Ve Elyafnayi AS (IST:SONME) Headlines

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