NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) Cash Conversion Cycle: 5.27 (As of Mar. 2026)


IST:NTGAZ NATURELGAZ SANAYI VE TICARET AS IST:NTGAZ
81 GF Score
Price ₺11.34
GF Value ₺8.30
Valuation Significantly Overvalued
! 2 Warning Signs
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What is NATURELGAZNAYI VE TICARET AS Cash Conversion Cycle?

NATURELGAZNAYI VE TICARET AS IST:NTGAZ +0.18% 81 Cash Conversion Cycle is 5.27 as of Mar. 2026. GuruFocus rates IST:NTGAZ with a GF Score™ of 81/100 and a GF Value™ of ₺8.30 (Significantly Overvalued). The stock has 2 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.

NATURELGAZNAYI VE TICARET AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 32.39.
NATURELGAZNAYI VE TICARET AS's Days Inventory for the three months ended in Mar. 2026 was 4.18.
NATURELGAZNAYI VE TICARET AS's Days Payable for the three months ended in Mar. 2026 was 31.3.
Therefore, NATURELGAZNAYI VE TICARET AS's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 5.27.


NATURELGAZNAYI VE TICARET AS  (IST:NTGAZ) 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.


NATURELGAZNAYI VE TICARET AS Cash Conversion Cycle Related Terms


NATURELGAZNAYI VE TICARET AS Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for NATURELGAZNAYI 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.

NATURELGAZNAYI VE TICARET AS Cash Conversion Cycle Chart

NATURELGAZNAYI VE TICARET AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 11.71 4.99 13.00 4.55 7.49

NATURELGAZNAYI VE TICARET 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 2.23 9.85 -2.58 3.00 5.27

IST:NTGAZ vs WMB, EPD, KMI: Cash Conversion Cycle Comparison

For the Oil & Gas Midstream subindustry, NATURELGAZNAYI 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.


NATURELGAZNAYI VE TICARET AS Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NATURELGAZNAYI VE TICARET AS's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where NATURELGAZNAYI VE TICARET AS's Cash Conversion Cycle falls into.


IST:NTGAZ
81GF Score
NATURELGAZ SANAYI VE TICARET AS IST:NTGAZ
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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NATURELGAZNAYI 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.

NATURELGAZNAYI 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
=52+4.17-48.68
=7.49

NATURELGAZNAYI 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
=32.39+4.18-31.3
=5.27

* 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 5.27 mean?
NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) has a Cash Conversion Cycle of 5.27 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on NATURELGAZNAYI VE TICARET AS and its competitors.
Is NATURELGAZNAYI VE TICARET AS's Cash Conversion Cycle too high?
NATURELGAZNAYI VE TICARET AS's current Cash Conversion Cycle is 5.27. The Oil & Gas industry median Cash Conversion Cycle is 18.25. NATURELGAZNAYI VE TICARET AS's value of 5.27 is 71.1% below this industry median. Overall, NATURELGAZNAYI VE TICARET AS has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NATURELGAZNAYI VE TICARET AS's Cash Conversion Cycle compare to WMB and EPD?
NATURELGAZNAYI VE TICARET AS's Cash Conversion Cycle of 5.27 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.25. NATURELGAZNAYI VE TICARET AS's value of 5.27 is 71.1% 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 Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.25, based on 917 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. NATURELGAZNAYI VE TICARET AS's current Cash Conversion Cycle of 5.27 is 71.1% 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 NATURELGAZNAYI VE TICARET AS and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NATURELGAZNAYI VE TICARET AS's current Cash Conversion Cycle is 5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NATURELGAZNAYI VE TICARET AS stock overvalued right now?
Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺8.30, compared to a current price of ₺11.34 — trading 36.6% above its estimated fair value. The current Cash Conversion Cycle is 5.27 and 71.1% below the Oil & Gas industry median of 18.25. NATURELGAZNAYI VE TICARET AS's overall GF Score™ is 81/100 with 2 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ), the current Cash Conversion Cycle is 5.27 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) Overvalued in 2026?

Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS stock appears to be overvalued. The current stock price of ₺11.34 is trading 36.6% above its estimated GF Value™ of ₺8.30. GuruFocus considers NATURELGAZNAYI VE TICARET AS to be Significantly Overvalued.

Key valuation signals for IST:NTGAZ:

  • Cash Conversion Cycle: 5.27
  • GF Value™: ₺8.30 vs. price of ₺11.34 (36.6% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 71.1% below the Oil & Gas median

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


NATURELGAZNAYI VE TICARET AS Business Description

Industry EnergyOil & Gas
Address Ali Kaya Street, Esentepe Neighborhood, Polat Plaza B Block No: 1/1, Interior Door No: 86, Istanbul, TUR, 34394
NATURELGAZ SANAYI VE TICARET AS activities of transmitting natural gas via CNG transport units to consumers who need natural gas but do not have access to pipelines, such as industrial establishments, factories, asphalt construction sites, hotels, and institutions requiring heating.
81GF Score

Get the complete analysis for IST:NTGAZ

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

₺11.34
Price
₺8.30
GF Value