HEPS (D-MARKET Electronic Services & Trading) Change In Inventory: $22 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HEPS D-MARKET Electronic Services & Trading HEPS
70 GF Score
Price $2.94
GF Value $2.14
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is D-MARKET Electronic Services & Trading Change In Inventory?

D-MARKET Electronic Services & Trading HEPS -0.84% 70 Change In Inventory is $22 Mil as of Mar. 2026. GuruFocus rates HEPS with a GF Score™ of 70/100 and a GF Value™ of $2.14 (Significantly Overvalued). The stock has 7 warning signs investors should review.

D-MARKET Electronic Services & Trading's change in inventory for the quarter that ended in Mar. 2026 was $34 Mil. It means D-MARKET Electronic Services & Trading's inventory declined by $34 Mil from Dec. 2025 to Mar. 2026 .

D-MARKET Electronic Services & Trading's change in inventory for the fiscal year that ended in Dec. 2025 was $-27 Mil. It means D-MARKET Electronic Services & Trading's inventory increased by $27 Mil from Dec. 2024 to Dec. 2025 .

D-MARKET Electronic Services & Trading's Total Inventories for the quarter that ended in Mar. 2026 was $186 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. D-MARKET Electronic Services & Trading's Days Inventory for the quarter that ended in Mar. 2026 was 53.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. D-MARKET Electronic Services & Trading's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.70.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. D-MARKET Electronic Services & Trading's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.37.


D-MARKET Electronic Services & Trading  (NAS:HEPS) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

D-MARKET Electronic Services & Trading's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=195.3375/331.617*365 / 4
=53.75

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

D-MARKET Electronic Services & Trading's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

D-MARKET Electronic Services & Trading's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

* 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.


D-MARKET Electronic Services & Trading Change In Inventory Related Terms


D-MARKET Electronic Services & Trading Change In Inventory Historical Data

* Premium members only.

The historical data trend for D-MARKET Electronic Services & Trading's Change In Inventory 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.

D-MARKET Electronic Services & Trading Change In Inventory Chart

D-MARKET Electronic Services & Trading Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial -136.54 140.08 -76.34 -13.26 -27.17

D-MARKET Electronic Services & Trading Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory 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 -18.09 -1.75 -40.85 29.73 34.38
HEPS
70GF Score
D-MARKET Electronic Services & Trading HEPS
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D-MARKET Electronic Services & Trading Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $22 Mil.

* 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 Change In Inventory →
What does a Change In Inventory of $22 Mil mean?
D-MARKET Electronic Services & Trading (HEPS) has a Change In Inventory of $22 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for D-MARKET Electronic Services & Trading and its competitors.
Is D-MARKET Electronic Services & Trading's Change In Inventory too high?
D-MARKET Electronic Services & Trading's current Change In Inventory is $22 Mil. Overall, D-MARKET Electronic Services & Trading has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-MARKET Electronic Services & Trading's Change In Inventory compare to AMZN and BABA?
D-MARKET Electronic Services & Trading's Change In Inventory of $22 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Retail - Cyclical company?
A good Change In Inventory depends on the Retail - Cyclical industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for D-MARKET Electronic Services & Trading and its competitors. D-MARKET Electronic Services & Trading's current Change In Inventory is $22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-MARKET Electronic Services & Trading stock overvalued right now?
Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading (HEPS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.14, compared to a current price of $2.94 — trading 37.1% above its estimated fair value. The current Change In Inventory is $22 Mil. D-MARKET Electronic Services & Trading's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For D-MARKET Electronic Services & Trading (HEPS), the current Change In Inventory is $22 Mil 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 D-MARKET Electronic Services & Trading (HEPS) Overvalued in 2026?

Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading stock appears to be overvalued. The current stock price of $2.94 is trading 37.1% above its estimated GF Value™ of $2.14. GuruFocus considers D-MARKET Electronic Services & Trading to be Significantly Overvalued.

Key valuation signals for HEPS:

  • Change In Inventory: $22 Mil
  • GF Value™: $2.14 vs. price of $2.94 (37.1% above fair value)
  • GF Score™: 70/100 with 7 warning signs

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


D-MARKET Electronic Services & Trading Business Description

Other Exchanges HEPSD:Kazakhstan8WZ:Germany
Address Kustepe Mahallesi Mecidiyekoy Yolu, Trump Tower, Cadde no: 12 Tower: 2 Floor:2, K2 Sisli, Istanbul, TUR, 34387
D-MARKET Electronic Services & Trading offers an e-commerce platform in Turkey and the surrounding region. The company is comprised of one reportable segment, namely e-commerce operations. It's portfolio offers its retail customers a wide selection of merchandise including electronics and non-electronics (including books, sports, toys, kids and baby products, cosmetics, furniture, etc). The Group derives revenue from the sales of goods, marketplace revenues and other revenues.
70GF Score

Get the complete analysis for HEPS

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.94
Price
$2.14
GF Value