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Ozak Gayrimenkul Yatirim Ortakligi (IST:OZKGY) Receivables Turnover : 2.79 (As of Dec. 2023)


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What is Ozak Gayrimenkul Yatirim Ortakligi Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Ozak Gayrimenkul Yatirim Ortakligi's Revenue for the three months ended in Dec. 2023 was ₺919 Mil. Ozak Gayrimenkul Yatirim Ortakligi's average Accounts Receivable for the three months ended in Dec. 2023 was ₺329 Mil. Hence, Ozak Gayrimenkul Yatirim Ortakligi's Receivables Turnover for the three months ended in Dec. 2023 was 2.79.


Ozak Gayrimenkul Yatirim Ortakligi Receivables Turnover Historical Data

The historical data trend for Ozak Gayrimenkul Yatirim Ortakligi's Receivables Turnover 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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Ozak Gayrimenkul Yatirim Ortakligi Receivables Turnover Chart

Ozak Gayrimenkul Yatirim Ortakligi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.91 43.60 31.62 64.64 8.52

Ozak Gayrimenkul Yatirim Ortakligi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover 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 25.22 2.10 1.45 2.14 2.79

Competitive Comparison of Ozak Gayrimenkul Yatirim Ortakligi's Receivables Turnover

For the REIT - Diversified subindustry, Ozak Gayrimenkul Yatirim Ortakligi's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Ozak Gayrimenkul Yatirim Ortakligi's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ozak Gayrimenkul Yatirim Ortakligi's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ozak Gayrimenkul Yatirim Ortakligi's Receivables Turnover falls into.



Ozak Gayrimenkul Yatirim Ortakligi Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Ozak Gayrimenkul Yatirim Ortakligi's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=2157.936 / ((139.113 + 367.554) / 2 )
=2157.936 / 253.3335
=8.52

Ozak Gayrimenkul Yatirim Ortakligi's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=918.853 / ((290.034 + 367.554) / 2 )
=918.853 / 328.794
=2.79

* 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.


Ozak Gayrimenkul Yatirim Ortakligi  (IST:OZKGY) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Ozak Gayrimenkul Yatirim Ortakligi Receivables Turnover Related Terms

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Ozak Gayrimenkul Yatirim Ortakligi (IST:OZKGY) Business Description

Traded in Other Exchanges
N/A
Address
Kazlicesme Mah. Kennedy Cad. No:52C, D:1 Zeytinburnu, Istanbul, TUR, 34020
Ozak Gayrimenkul Yatirim Ortakligi is a Turkey-based Real Estate Investment Trust. It maintains its land and project development studies in Housing, Commercial, Tourism, and Merchandise areas. Some of the projects of the company include Hayat Tepe Suites, Ozak Hayat Tepe, Bulvar216 and 34 Portall.

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