Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Cash Conversion Cycle: 19.92 (As of Dec. 2024)


IST:ALKA Alkim Kagit Sanayi ve Ticaret AS IST:ALKA
61 GF Score
Price ₺9.34
GF Value ₺7.56
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Alkim Kagitnayi ve Ticaret AS Cash Conversion Cycle?

Alkim Kagitnayi ve Ticaret AS IST:ALKA -0.74% 61 Cash Conversion Cycle is 19.92 as of Dec. 2024. GuruFocus rates IST:ALKA with a GF Score™ of 61/100 and a GF Value™ of ₺7.56 (Modestly Overvalued). The stock has 6 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.

Alkim Kagitnayi ve Ticaret AS's Days Sales Outstanding for the six months ended in Dec. 2024 was 43.44.
Alkim Kagitnayi ve Ticaret AS's Days Inventory for the six months ended in Dec. 2024 was 54.69.
Alkim Kagitnayi ve Ticaret AS's Days Payable for the six months ended in Dec. 2024 was 78.21.
Therefore, Alkim Kagitnayi ve Ticaret AS's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 19.92.


Alkim Kagitnayi ve Ticaret AS  (IST:ALKA) 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.


Alkim Kagitnayi ve Ticaret AS Cash Conversion Cycle Related Terms


Alkim Kagitnayi ve Ticaret AS Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Alkim Kagitnayi ve Ticaret 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.

Alkim Kagitnayi ve Ticaret AS Cash Conversion Cycle Chart

Alkim Kagitnayi ve Ticaret AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.55 61.00 47.86 53.01 19.92

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 79.55 61.00 47.86 53.01 19.92

Alkim Kagitnayi ve Ticaret AS Cash Conversion Cycle Competitor Comparison

For the Paper & Paper Products subindustry, Alkim Kagitnayi ve Ticaret 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.


Alkim Kagitnayi ve Ticaret AS Cash Conversion Cycle vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Kagitnayi ve Ticaret AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Alkim Kagitnayi ve Ticaret AS's Cash Conversion Cycle falls into.


IST:ALKA
61GF Score
Alkim Kagit Sanayi ve Ticaret AS IST:ALKA
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkim Kagitnayi ve Ticaret 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.

Alkim Kagitnayi ve Ticaret AS's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=43.44+54.69-78.21
=19.92

Alkim Kagitnayi ve Ticaret AS's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=43.44+54.69-78.21
=19.92

* 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 19.92 mean?
Alkim Kagitnayi ve Ticaret AS (IST:ALKA) has a Cash Conversion Cycle of 19.92 as of Dec. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Alkim Kagitnayi ve Ticaret AS and its competitors.
Is Alkim Kagitnayi ve Ticaret AS's Cash Conversion Cycle too high?
Alkim Kagitnayi ve Ticaret AS's current Cash Conversion Cycle is 19.92. The Forest Products industry median Cash Conversion Cycle is 91.34. Alkim Kagitnayi ve Ticaret AS's value of 19.92 is 78.2% below this industry median. Overall, Alkim Kagitnayi ve Ticaret AS has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alkim Kagitnayi ve Ticaret AS's Cash Conversion Cycle compare to competitors?
Alkim Kagitnayi ve Ticaret AS's Cash Conversion Cycle of 19.92 can be compared against companies in the Forest Products industry. The industry median Cash Conversion Cycle is 91.34. Alkim Kagitnayi ve Ticaret AS's value of 19.92 is 78.2% below this benchmark. 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 Forest Products company?
The median Cash Conversion Cycle among Forest Products companies is 91.34, based on 283 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alkim Kagitnayi ve Ticaret AS's current Cash Conversion Cycle of 19.92 is 78.2% below the industry median. 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 Alkim Kagitnayi ve Ticaret AS and its competitors. For the Forest Products industry, the median Cash Conversion Cycle is 91.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alkim Kagitnayi ve Ticaret AS's current Cash Conversion Cycle is 19.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkim Kagitnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alkim Kagitnayi ve Ticaret AS (IST:ALKA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺7.56, compared to a current price of ₺9.34 — trading 23.5% above its estimated fair value. The current Cash Conversion Cycle is 19.92 and 78.2% below the Forest Products industry median of 91.34. Alkim Kagitnayi ve Ticaret AS's overall GF Score™ is 61/100 with 6 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 Alkim Kagitnayi ve Ticaret AS (IST:ALKA), the current Cash Conversion Cycle is 19.92 as of Dec. 2024. 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 Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Overvalued in 2026?

Based on GuruFocus' analysis, Alkim Kagitnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺9.34 is trading 23.5% above its estimated GF Value™ of ₺7.56. GuruFocus considers Alkim Kagitnayi ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:ALKA:

  • Cash Conversion Cycle: 19.92
  • GF Value™: ₺7.56 vs. price of ₺9.34 (23.5% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 78.2% below the Forest Products median

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


Alkim Kagitnayi ve Ticaret AS Business Description

Address Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730
Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.
61GF Score

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

₺9.34
Price
₺7.56
GF Value