Mega Metalnayi ve Ticaret AS (IST:MEGMT) Cash Conversion Cycle: 33.22 (As of Mar. 2026)


IST:MEGMT Mega Metal Sanayi ve Ticaret AS IST:MEGMT
55 GF Score
Price ₺72.40
! 5 Warning Signs
View Full Analysis

What is Mega Metalnayi ve Ticaret AS Cash Conversion Cycle?

Mega Metalnayi ve Ticaret AS IST:MEGMT -3.47% 55 Cash Conversion Cycle is 33.22 as of Mar. 2026. GuruFocus rates IST:MEGMT with a GF Score™ of 55/100. 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.

Mega Metalnayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 19.33.
Mega Metalnayi ve Ticaret AS's Days Inventory for the three months ended in Mar. 2026 was 45.61.
Mega Metalnayi ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 31.72.
Therefore, Mega Metalnayi ve Ticaret AS's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 33.22.


Mega Metalnayi ve Ticaret AS  (IST:MEGMT) 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.


Mega Metalnayi ve Ticaret AS Cash Conversion Cycle Related Terms


Mega Metalnayi ve Ticaret AS Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Mega Metalnayi 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.

Mega Metalnayi ve Ticaret AS Cash Conversion Cycle Chart

Mega Metalnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 42.35 26.00 24.69 34.44 41.27

Mega Metalnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 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 46.58 43.21 45.33 42.81 33.22

IST:MEGMT vs VRT, BE: Cash Conversion Cycle Comparison

For the Electrical Equipment & Parts subindustry, Mega Metalnayi 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.


Mega Metalnayi ve Ticaret AS Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mega Metalnayi ve Ticaret AS's Cash Conversion Cycle distribution charts can be found below:

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


IST:MEGMT
55GF Score
Mega Metal Sanayi ve Ticaret AS IST:MEGMT
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega Metalnayi 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.

Mega Metalnayi ve Ticaret 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
=20.9+48.4-28.03
=41.27

Mega Metalnayi ve Ticaret 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
=19.33+45.61-31.72
=33.22

* 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 33.22 mean?
Mega Metalnayi ve Ticaret AS (IST:MEGMT) has a Cash Conversion Cycle of 33.22 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Mega Metalnayi ve Ticaret AS and its competitors.
Is Mega Metalnayi ve Ticaret AS's Cash Conversion Cycle too high?
Mega Metalnayi ve Ticaret AS's current Cash Conversion Cycle is 33.22. The Industrial Products industry median Cash Conversion Cycle is 122.29. Mega Metalnayi ve Ticaret AS's value of 33.22 is 72.8% below this industry median. Overall, Mega Metalnayi ve Ticaret AS has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Mega Metalnayi ve Ticaret AS's Cash Conversion Cycle compare to VRT and BE?
Mega Metalnayi ve Ticaret AS's Cash Conversion Cycle of 33.22 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Mega Metalnayi ve Ticaret AS's value of 33.22 is 72.8% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.29, based on 3,026 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. Mega Metalnayi ve Ticaret AS's current Cash Conversion Cycle of 33.22 is 72.8% 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 Mega Metalnayi ve Ticaret AS and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Metalnayi ve Ticaret AS's current Cash Conversion Cycle is 33.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Metalnayi ve Ticaret AS stock overvalued right now?
Mega Metalnayi ve Ticaret AS (IST:MEGMT) has a current Cash Conversion Cycle of 33.22. The current Cash Conversion Cycle is 33.22 and 72.8% below the Industrial Products industry median of 122.29. Mega Metalnayi ve Ticaret AS's overall GF Score™ is 55/100 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 Mega Metalnayi ve Ticaret AS (IST:MEGMT), the current Cash Conversion Cycle is 33.22 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.

Mega Metalnayi ve Ticaret AS Business Description

Address Kayseri OSB District 12, Cadde No: 61, Kayseri, TUR
Mega Metal Sanayi ve Ticaret AS is a company produces electrolytic copper wire with conductive properties for low current in its production facilities located in Kayseri OSB with an annual melting capacity of forty eight thousand tons. The copper wire that makes up the products produced by Mega Metal is in the form of oxygen-free electrolytic copper wire with low current sectors. The products produced by the company are produced as bare or tin alloyed. The product range is generally bare or tinned which consists of Mono Wire, Multi-Wire Products, Stranded Wires and Coil Wires. The products it produces are used in various sectors such as electrical, electronics, communications, energy, defense and automotive industries.
55GF Score

Get the complete analysis for IST:MEGMT

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

₺72.40
Price