Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Cash Conversion Cycle: 1.16 (As of Mar. 2026)

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IST:AKMGY Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY
63 GF Score
Price ₺242.90
GF Value ₺246.15
Valuation Fairly Valued
! 4 Warning Signs
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What is Akmerkez Gayrimenkul Yatirim Ort AS Cash Conversion Cycle?

Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY -0.12% 63 Cash Conversion Cycle is 1.16 as of Mar. 2026. GuruFocus rates IST:AKMGY with a GF Score™ of 63/100 and a GF Value™ of ₺246.15 (Fairly Valued). The stock has 4 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Akmerkez Gayrimenkul Yatirim Ort AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 29.16.
Akmerkez Gayrimenkul Yatirim Ort AS's Days Inventory for the three months ended in Mar. 2026 was 0.
Akmerkez Gayrimenkul Yatirim Ort AS's Days Payable for the three months ended in Mar. 2026 was 28.
Therefore, Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 1.16.


Akmerkez Gayrimenkul Yatirim Ort AS  (IST:AKMGY) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Akmerkez Gayrimenkul Yatirim Ort AS Cash Conversion Cycle Related Terms


Akmerkez Gayrimenkul Yatirim Ort AS Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle 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.

Akmerkez Gayrimenkul Yatirim Ort AS Cash Conversion Cycle Chart

Akmerkez Gayrimenkul Yatirim Ort AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.13 -4.32 -10.42 0.44 8.96

Akmerkez Gayrimenkul Yatirim Ort AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle 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 -1.52 -16.75 -7.40 -2.64 1.16

IST:AKMGY vs SPG, O, KIM: Cash Conversion Cycle Comparison

For the REIT - Retail subindustry, Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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.


Akmerkez Gayrimenkul Yatirim Ort AS Cash Conversion Cycle vs REITs Industry

For the REITs industry and Real Estate sector, Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle falls into.


IST:AKMGY
63GF Score
Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Akmerkez Gayrimenkul Yatirim Ort AS Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=24.65+0-15.69
=8.96

Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=29.16+0-28
=1.16

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 1.16 mean?
Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) has a Cash Conversion Cycle of 1.16 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Akmerkez Gayrimenkul Yatirim Ort AS and its competitors.
Is Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle too high?
Akmerkez Gayrimenkul Yatirim Ort AS's current Cash Conversion Cycle is 1.16. Overall, Akmerkez Gayrimenkul Yatirim Ort AS has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle compare to SPG and O?
Akmerkez Gayrimenkul Yatirim Ort AS's Cash Conversion Cycle of 1.16 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a REITs company?
A good Cash Conversion Cycle depends on the REITs industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Akmerkez Gayrimenkul Yatirim Ort AS and its competitors. Akmerkez Gayrimenkul Yatirim Ort AS's current Cash Conversion Cycle is 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akmerkez Gayrimenkul Yatirim Ort AS stock overvalued right now?
Based on GuruFocus' analysis, Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) is currently considered Fairly Valued. The stock's GF Value™ is ₺246.15, compared to a current price of ₺242.90 — trading 1.3% below its estimated fair value. The current Cash Conversion Cycle is 1.16. Akmerkez Gayrimenkul Yatirim Ort AS's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY), the current Cash Conversion Cycle is 1.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Overvalued in 2026?

Based on GuruFocus' analysis, Akmerkez Gayrimenkul Yatirim Ort AS stock appears to be undervalued. The current stock price of ₺242.90 is trading 1.3% below its estimated GF Value™ of ₺246.15. GuruFocus considers Akmerkez Gayrimenkul Yatirim Ort AS to be Fairly Valued.

Key valuation signals for IST:AKMGY:

  • Cash Conversion Cycle: 1.16
  • GF Value™: ₺246.15 vs. price of ₺242.90 (1.3% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the IST:AKMGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akmerkez Gayrimenkul Yatirim Ort AS Business Description

Industry Real EstateREITs
Address Nispetiye caddesi, Akmerkez E-3 Blok Kat 1, Etiler, Istanbul, TUR
Akmerkez Gayrimenkul Yatirim Ort AS is a real estate investment trust. Its business activity is to operate shopping mall that sells different products.
63GF Score

Get the complete analysis for IST:AKMGY

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺242.90
Price
₺246.15
GF Value