Altinayvunma Teknolojileri AS (IST:ALTNY) Cash Conversion Cycle: 460.91 (As of Mar. 2026)

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IST:ALTNY Altinay Savunma Teknolojileri AS IST:ALTNY
18 GF Score
Price ₺15.76
! 5 Warning Signs
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What is Altinayvunma Teknolojileri AS Cash Conversion Cycle?

Altinayvunma Teknolojileri AS IST:ALTNY +1.48% 18 Cash Conversion Cycle is 460.91 as of Mar. 2026. GuruFocus rates IST:ALTNY with a GF Score™ of 18/100. The stock has 5 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.

Altinayvunma Teknolojileri AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 212.14.
Altinayvunma Teknolojileri AS's Days Inventory for the three months ended in Mar. 2026 was 421.07.
Altinayvunma Teknolojileri AS's Days Payable for the three months ended in Mar. 2026 was 172.3.
Therefore, Altinayvunma Teknolojileri AS's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 460.91.


Altinayvunma Teknolojileri AS  (IST:ALTNY) 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.


Altinayvunma Teknolojileri AS Cash Conversion Cycle Related Terms


Altinayvunma Teknolojileri AS Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Altinayvunma Teknolojileri 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.

Altinayvunma Teknolojileri AS Cash Conversion Cycle Chart

Altinayvunma Teknolojileri AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
146.92 110.19 50.47 149.07 244.43

Altinayvunma Teknolojileri AS Quarterly Data
Dec21 Dec22 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 195.80 296.44 544.87 144.35 460.91

IST:ALTNY vs SPCX, GE, RTX: Cash Conversion Cycle Comparison

For the Aerospace & Defense subindustry, Altinayvunma Teknolojileri 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.


Altinayvunma Teknolojileri AS Cash Conversion Cycle vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Altinayvunma Teknolojileri AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Altinayvunma Teknolojileri AS's Cash Conversion Cycle falls into.


IST:ALTNY
18GF Score
Altinay Savunma Teknolojileri AS IST:ALTNY
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Altinayvunma Teknolojileri 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.

Altinayvunma Teknolojileri 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
=150.78+187.82-94.17
=244.43

Altinayvunma Teknolojileri 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
=212.14+421.07-172.3
=460.91

* 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 460.91 mean?
Altinayvunma Teknolojileri AS (IST:ALTNY) has a Cash Conversion Cycle of 460.91 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Altinayvunma Teknolojileri AS and its competitors.
Is Altinayvunma Teknolojileri AS's Cash Conversion Cycle too high?
Altinayvunma Teknolojileri AS's current Cash Conversion Cycle is 460.91. The Aerospace & Defense industry median Cash Conversion Cycle is 135.55. Altinayvunma Teknolojileri AS's value of 460.91 is 240% above this industry median. Overall, Altinayvunma Teknolojileri AS has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Altinayvunma Teknolojileri AS's Cash Conversion Cycle compare to SPCX and GE?
Altinayvunma Teknolojileri AS's Cash Conversion Cycle of 460.91 can be compared against companies in the Aerospace & Defense industry. The industry median Cash Conversion Cycle is 135.55. Altinayvunma Teknolojileri AS's value of 460.91 is 240% above 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 an Aerospace & Defense company?
The median Cash Conversion Cycle among Aerospace & Defense companies is 135.55, based on 350 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. Altinayvunma Teknolojileri AS's current Cash Conversion Cycle of 460.91 is 240% above 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 Altinayvunma Teknolojileri AS and its competitors. For the Aerospace & Defense industry, the median Cash Conversion Cycle is 135.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altinayvunma Teknolojileri AS's current Cash Conversion Cycle is 460.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altinayvunma Teknolojileri AS stock overvalued right now?
Altinayvunma Teknolojileri AS (IST:ALTNY) has a current Cash Conversion Cycle of 460.91. The current Cash Conversion Cycle is 460.91 and 240% above the Aerospace & Defense industry median of 135.55. Altinayvunma Teknolojileri AS's overall GF Score™ is 18/100 with 5 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 Altinayvunma Teknolojileri AS (IST:ALTNY), the current Cash Conversion Cycle is 460.91 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.

Altinayvunma Teknolojileri AS Business Description

Address Sanayi Mahallesi, Teknopark Bulvari, No - 1/4A ynterior Door No- 201 and 202, Pendik, Istanbul, TUR
Altinay Savunma Teknolojileri AS is a company which has has been providing products and solutions in the fields of Motion Control Systems, Unmanned Systems, Stealth Systems, Weapon Systems, Ammunition Destruction, and Production Systems to various stakeholders in the government, private sector, and international markets.
18GF Score

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