Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) 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.
Tofas Turk Otomobil Fabrikasi AS Cash Conversion Cycle Related Terms
Tofas Turk Otomobil Fabrikasi AS Cash Conversion Cycle Historical Data
* 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.
Tofas Turk Otomobil Fabrikasi AS Cash Conversion Cycle Chart
IST:TOASO vs TSLA, GM, F: Cash Conversion Cycle Comparison
For the Auto Manufacturers subindustry, Tofas Turk Otomobil Fabrikasi 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.
Tofas Turk Otomobil Fabrikasi AS Cash Conversion Cycle vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tofas Turk Otomobil Fabrikasi AS's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Tofas Turk Otomobil Fabrikasi AS's Cash Conversion Cycle falls into.
Tofas Turk Otomobil Fabrikasi 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.
* 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.
Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) has a Cash Conversion Cycle of 23.31 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Tofas Turk Otomobil Fabrikasi AS and its competitors.
Is Tofas Turk Otomobil Fabrikasi AS's Cash Conversion Cycle too high?
Tofas Turk Otomobil Fabrikasi AS's current Cash Conversion Cycle is 23.31. The Vehicles & Parts industry median Cash Conversion Cycle is 67.42. Tofas Turk Otomobil Fabrikasi AS's value of 23.31 is 65.4% below this industry median. Overall, Tofas Turk Otomobil Fabrikasi AS has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tofas Turk Otomobil Fabrikasi AS's Cash Conversion Cycle compare to TSLA and GM?
Tofas Turk Otomobil Fabrikasi AS's Cash Conversion Cycle of 23.31 can be compared against companies in the Vehicles & Parts industry. The industry median Cash Conversion Cycle is 67.42. Tofas Turk Otomobil Fabrikasi AS's value of 23.31 is 65.4% 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 Vehicles & Parts company?
The median Cash Conversion Cycle among Vehicles & Parts companies is 67.42, based on 1,325 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. Tofas Turk Otomobil Fabrikasi AS's current Cash Conversion Cycle of 23.31 is 65.4% 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 Tofas Turk Otomobil Fabrikasi AS and its competitors. For the Vehicles & Parts industry, the median Cash Conversion Cycle is 67.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tofas Turk Otomobil Fabrikasi AS's current Cash Conversion Cycle is 23.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tofas Turk Otomobil Fabrikasi AS stock overvalued right now?
Based on GuruFocus' analysis, Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺546.72, compared to a current price of ₺325.00 — trading 40.6% below its estimated fair value. The current Cash Conversion Cycle is 23.31 and 65.4% below the Vehicles & Parts industry median of 67.42. Tofas Turk Otomobil Fabrikasi AS's overall GF Score™ is 87/100 with 8 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 Tofas Turk Otomobil Fabrikasi AS (IST:TOASO), the current Cash Conversion Cycle is 23.31 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 Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) Overvalued in 2026?
Based on GuruFocus' analysis, Tofas Turk Otomobil Fabrikasi AS stock appears to be undervalued.
The current stock price of ₺325.00 is trading 40.6% below its estimated GF Value™ of ₺546.72.
GuruFocus considers Tofas Turk Otomobil Fabrikasi AS to be Possible Value Trap.
Key valuation signals for IST:TOASO:
Cash Conversion Cycle: 23.31
GF Value™: ₺546.72 vs. price of ₺325.00 (40.6% below fair value)
Industry Position: 65.4% below the Vehicles & Parts median
No single metric tells the full story. See the IST:TOASO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tofas Turk Otomobil Fabrikasi AS Business Description
Tofas Turk Otomobil Fabrikasi AS is engaged in manufacturing, exporting and selling passenger cars and light commercial vehicles, and also produces various automotive spare parts used in its automobiles. The Group's operating groups consist of automobile and spare parts trading and consumer financing. Its brands include FIAT, Alfa Romeo, Jeep, Citroen, DS Automobiles, Opel, and Peugeot. Its services include Eurorepar Car Service, Koc Stellantis Financing, Koc Stellantis Insurance, Magneti Marelli, Opar, SPAR and Spoticar.
87GF Score
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