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TEK-ART Turizm Zigana AS (IST:TEKTU) Days Sales Outstanding : 411.95 (As of Dec. 2022)


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What is TEK-ART Turizm Zigana AS Days Sales Outstanding?

TEK-ART Turizm Zigana AS's average Accounts Receivable for the three months ended in Dec. 2022 was ₺19.40 Mil. TEK-ART Turizm Zigana AS's Revenue for the three months ended in Dec. 2022 was ₺4.30 Mil. Hence, TEK-ART Turizm Zigana AS's Days Sales Outstanding for the three months ended in Dec. 2022 was 411.95.

The historical rank and industry rank for TEK-ART Turizm Zigana AS's Days Sales Outstanding or its related term are showing as below:

IST:TEKTU's Days Sales Outstanding is not ranked *
in the Travel & Leisure industry.
Industry Median: 29.33
* Ranked among companies with meaningful Days Sales Outstanding only.

TEK-ART Turizm Zigana AS's Days Sales Outstanding declined from Dec. 2021 (638.35) to Dec. 2022 (411.95).


TEK-ART Turizm Zigana AS Days Sales Outstanding Historical Data

The historical data trend for TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana AS Days Sales Outstanding Chart

TEK-ART Turizm Zigana AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.42 88.17 334.13 324.86 97.80

TEK-ART Turizm Zigana AS Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Days Sales Outstanding 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 638.35 456.95 121.86 43.47 411.95

Competitive Comparison of TEK-ART Turizm Zigana AS's Days Sales Outstanding

For the Lodging subindustry, TEK-ART Turizm Zigana 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.


TEK-ART Turizm Zigana AS's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TEK-ART Turizm Zigana AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TEK-ART Turizm Zigana AS's Days Sales Outstanding falls into.



TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana 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
=( (12.734 + 12.527) / 2 ) / 47.136*365
=12.6305 / 47.136*365
=97.80

TEK-ART Turizm Zigana AS's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding (Q: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (26.271 + 12.527) / 2 ) / 4.297*365 / 4
=19.399 / 4.297*365 / 4
=411.95

* 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.


TEK-ART Turizm Zigana AS  (IST:TEKTU) Days Sales Outstanding Explanation

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


TEK-ART Turizm Zigana AS Days Sales Outstanding Related Terms

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TEK-ART Turizm Zigana AS (IST:TEKTU) Business Description

Traded in Other Exchanges
N/A
Address
Halkali Cad No: 259, Sefakoy - K. Cekmece, Istanbul, TUR
TEK-ART Turizm Zigana AS is engaged in tourism, and leisure and entertainment sectors. It manages and invests in hotels, holiday villages, golf courses, restaurants, entertainment facilities, beaches, theme parks, and marinas.

TEK-ART Turizm Zigana AS (IST:TEKTU) Headlines

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