finans.docx - ACTIVITY RATIOS RECEIVABLE TURNOVER = Annual Net Credit Sales\/Receivables Turkish Airlines Pegasus-2015-2015 28752\/8156=3,5-2016

finans.docx - ACTIVITY RATIOS RECEIVABLE TURNOVER = Annual...

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ACTIVITY RATIOS RECEIVABLE TURNOVER = Annual Net Credit Sales/Receivables Turkish Airlines Pegasus -2015 -2015 28752/8156=3,5 34882/5260=6,6 -2016 -2016 29468/6126=4,8 37074/3520=10,5 -2017 -2017 39779/5773=6,9 53485/3157=17 2015 2016 2017 0 0.02 0.04 0.06 0.08 0.1 0.12 0.14 0.16 0.12 0.05 0.15 0.1 0.03 0.09 Receivable Turnover TURKISH AIRLINES PEGASUS As we can see from the data and graph, we can say that pegasus has a high quality customer who is quick to pay its debts and is very efficient. We can say that Pegasus has a conservative policy for extending the loan. On the other hand, the pegasus’s policy may be too conservative if it is too tight in extending credit, which can drive away potential customers and give business to competitors. In this case, a company may want to loosen policies to improve business, even though it may reduce its receivables turnover ratio. In the other hand Turkish Airlines's may have poor collecting processes, a bad credit policy or none at all, or bad customers or customers with financial difficulty. Theoretically, a low ratio can also often mean that the company has a high amount of cash receivables for collection from its various debtors, should it improve its collection processes.
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  • Fall '15
  • KOYUNCU
  • Balance Sheet, Financial Ratio, Pegasus, Turkish Airlines

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