Koc Holding AS (Koc Holding AS) Receivables Turnover : 5.04 (As of Dec. 2023)

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What is Koc Holding 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. Koc Holding AS's Revenue for the three months ended in Dec. 2023 was $24,703 Mil. Koc Holding AS's average Accounts Receivable for the three months ended in Dec. 2023 was $4,901 Mil. Hence, Koc Holding AS's Receivables Turnover for the three months ended in Dec. 2023 was 5.04.

Koc Holding AS Receivables Turnover Historical Data

The historical data trend for Koc Holding 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.

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Koc Holding AS Receivables Turnover Chart

Koc Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.96

8.01

8.36

18.30

9.58

Koc Holding AS 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															10.55	2.21	2.62	3.13	5.04

Competitive Comparison of Koc Holding AS's Receivables Turnover

For the Conglomerates subindustry, Koc Holding 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.

Koc Holding AS's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Koc Holding AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Koc Holding AS's Receivables Turnover falls into.

Koc Holding AS Receivables Turnover Calculation

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

Koc Holding 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 )
=	55183.976	/ (	(6588.452	+	4932.985)	/	2 )
=	55183.976	/	5760.7185
=	9.58

Koc Holding 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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	24703.408	/ (	(4869.055	+	4932.985)	/	2 )
=	24703.408	/	4901.02
=	5.04

Koc Holding AS (OTCPK:KHOLY) 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.

Koc Holding AS Receivables Turnover Related Terms

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Koc Holding AS (Koc Holding AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Koc Holding AS (OTCPK:KHOLY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KCHOL:Turkey KRKA:Germany

Address

Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674

Website

http://www.koc.com.tr

Koc Holding is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The largest segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.

Koc Holding AS (Koc Holding AS) Headlines

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Q4 2023 Koc Holding AS Earnings Call Transcript

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