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Sodas Sodyumnayii AS (IST:SODSN) Receivables Turnover : 20.88 (As of Dec. 2023)


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What is Sodas Sodyumnayii AS 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. Sodas Sodyumnayii AS's Revenue for the six months ended in Dec. 2023 was ₺208.1 Mil. Sodas Sodyumnayii AS's average Accounts Receivable for the six months ended in Dec. 2023 was ₺10.0 Mil. Hence, Sodas Sodyumnayii AS's Receivables Turnover for the six months ended in Dec. 2023 was 20.88.


Sodas Sodyumnayii AS Receivables Turnover Historical Data

The historical data trend for Sodas Sodyumnayii AS'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.

* Premium members only.

Sodas Sodyumnayii AS Receivables Turnover Chart

Sodas Sodyumnayii AS 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 26.81 28.61 17.87 31.20 20.88

Sodas Sodyumnayii AS Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 26.81 28.61 17.87 31.20 20.88

Competitive Comparison of Sodas Sodyumnayii AS's Receivables Turnover

For the Chemicals subindustry, Sodas Sodyumnayii AS'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.


Sodas Sodyumnayii AS's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sodas Sodyumnayii AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sodas Sodyumnayii AS's Receivables Turnover falls into.



Sodas Sodyumnayii AS Receivables Turnover Calculation

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

Sodas Sodyumnayii AS'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 )
=208.08 / ((10.866 + 9.069) / 2 )
=208.08 / 9.9675
=20.88

Sodas Sodyumnayii AS'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: Dec. 2022 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=208.08 / ((10.866 + 9.069) / 2 )
=208.08 / 9.9675
=20.88

* 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.


Sodas Sodyumnayii AS  (IST:SODSN) 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.


Sodas Sodyumnayii AS Receivables Turnover Related Terms

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Sodas Sodyumnayii AS (IST:SODSN) Business Description

Traded in Other Exchanges
N/A
Address
1476 Sokak No, 2 Aksoy Residence Ka, 13/A Daire:42, Alsancak, TUR, 34330
Sodas Sodyum Sanayii AS produces and sells sodium sulfate in Turkey. Its products are used in natural detergents, glass, and paper and textile industries.

Sodas Sodyumnayii AS (IST:SODSN) Headlines

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