Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) Receivables Turnover : 2.25 (As of Mar. 2024)

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What is Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi 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. Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Revenue for the three months ended in Mar. 2024 was ₺3,262 Mil. Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's average Accounts Receivable for the three months ended in Mar. 2024 was ₺1,449 Mil. Hence, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Receivables Turnover for the three months ended in Mar. 2024 was 2.25.

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Receivables Turnover Historical Data

The historical data trend for Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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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Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Receivables Turnover Chart

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

6.65

7.64

16.92

35.98

14.83

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial									6.68	2.97	3.03	5.35	2.25

Competitive Comparison of Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Receivables Turnover

For the Packaged Foods subindustry, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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.

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Receivables Turnover falls into.

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Receivables Turnover Calculation

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

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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 )
=	16374.646	/ (	(999.422	+	1208.773)	/	2 )
=	16374.646	/	1104.0975
=	14.83

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	3261.577	/ (	(1208.773	+	1690.163)	/	2 )
=	3261.577	/	1449.468
=	2.25

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) 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.

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Receivables Turnover Related Terms

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Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yayla Agro Gida Sanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Istanbul Road 30.Km Saray Mh. Fatih Sultan, Mehmet Blv. No:327, Kahramankazan, Ankara, TUR, PK 06980

Website

https://www.yaylabakliyat.com.tr

Yayla Agro Gida Sanayi Ve Ticaret Anonim Sirketi engages in manufacturing various food and grains. It focuses on producing, cleaning, and polishing rice and other food products. The firm offers package rice, bulghur, lentil, beans, chickpea, kidney beans, and corn products.

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) Headlines

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