ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) Change In Inventory: ₺-384 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.

IST:ARDYZ ARD Grup Bilisim Teknolojileri AS IST:ARDYZ
89 GF Score
Price ₺82.95
GF Value ₺60.32
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is ARD Grup Bilisim Teknolojileri AS Change In Inventory?

ARD Grup Bilisim Teknolojileri AS IST:ARDYZ +5.20% 89 Change In Inventory is ₺-384 Mil as of Mar. 2026. GuruFocus rates IST:ARDYZ with a GF Score™ of 89/100 and a GF Value™ of ₺60.32 (Significantly Overvalued). The stock has 10 warning signs investors should review.

ARD Grup Bilisim Teknolojileri AS's change in inventory for the quarter that ended in Mar. 2026 was ₺-298 Mil. It means ARD Grup Bilisim Teknolojileri AS's inventory increased by ₺298 Mil from Dec. 2025 to Mar. 2026 .

ARD Grup Bilisim Teknolojileri AS's change in inventory for the fiscal year that ended in Dec. 2025 was ₺-94 Mil. It means ARD Grup Bilisim Teknolojileri AS's inventory increased by ₺94 Mil from Dec. 2024 to Dec. 2025 .

ARD Grup Bilisim Teknolojileri AS's Total Inventories for the quarter that ended in Mar. 2026 was ₺420 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ARD Grup Bilisim Teknolojileri AS's Days Inventory for the quarter that ended in Mar. 2026 was 19.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. ARD Grup Bilisim Teknolojileri AS's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.72.

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. ARD Grup Bilisim Teknolojileri AS's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.12.


ARD Grup Bilisim Teknolojileri AS  (IST:ARDYZ) Change In Inventory Explanation

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

ARD Grup Bilisim Teknolojileri AS's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=265.954/1255.11*365 / 4
=19.34

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

ARD Grup Bilisim Teknolojileri AS'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.

ARD Grup Bilisim Teknolojileri AS'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.


ARD Grup Bilisim Teknolojileri AS Change In Inventory Related Terms


ARD Grup Bilisim Teknolojileri AS Change In Inventory Historical Data

* Premium members only.

The historical data trend for ARD Grup Bilisim Teknolojileri AS'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.

ARD Grup Bilisim Teknolojileri AS Change In Inventory Chart

ARD Grup Bilisim Teknolojileri AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -8.39 15.19 0.73 -93.80

ARD Grup Bilisim Teknolojileri AS 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 -7.39 5.26 -6.28 -85.40 -297.61
IST:ARDYZ
89GF Score
ARD Grup Bilisim Teknolojileri AS IST:ARDYZ
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ARD Grup Bilisim Teknolojileri AS 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 ₺-384 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 ₺-384 Mil mean?
ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) has a Change In Inventory of ₺-384 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for ARD Grup Bilisim Teknolojileri AS and its competitors.
Is ARD Grup Bilisim Teknolojileri AS's Change In Inventory too high?
ARD Grup Bilisim Teknolojileri AS's current Change In Inventory is ₺-384 Mil. Overall, ARD Grup Bilisim Teknolojileri AS has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ARD Grup Bilisim Teknolojileri AS's Change In Inventory compare to MSFT and ORCL?
ARD Grup Bilisim Teknolojileri AS's Change In Inventory of ₺-384 Mil can be compared against companies in the Software 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 Software company?
A good Change In Inventory depends on the Software 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 ARD Grup Bilisim Teknolojileri AS and its competitors. ARD Grup Bilisim Teknolojileri AS's current Change In Inventory is ₺-384 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARD Grup Bilisim Teknolojileri AS stock overvalued right now?
Based on GuruFocus' analysis, ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺60.32, compared to a current price of ₺82.95 — trading 37.5% above its estimated fair value. The current Change In Inventory is ₺-384 Mil. ARD Grup Bilisim Teknolojileri AS's overall GF Score™ is 89/100 with 10 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 ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ), the current Change In Inventory is ₺-384 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 ARD Grup Bilisim Teknolojileri AS (IST:ARDYZ) Overvalued in 2026?

Based on GuruFocus' analysis, ARD Grup Bilisim Teknolojileri AS stock appears to be overvalued. The current stock price of ₺82.95 is trading 37.5% above its estimated GF Value™ of ₺60.32. GuruFocus considers ARD Grup Bilisim Teknolojileri AS to be Significantly Overvalued.

Key valuation signals for IST:ARDYZ:

  • Change In Inventory: ₺-384 Mil
  • GF Value™: ₺60.32 vs. price of ₺82.95 (37.5% above fair value)
  • GF Score™: 89/100 with 10 warning signs

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


ARD Grup Bilisim Teknolojileri AS Business Description

Address Hacettepe Unit. Technocity 1. R&D No: 20, Ankara, TUR, 06800
ARD Grup Bilisim Teknolojileri AS is engaged in software development. It offers architecture solutions, software development, enterprise software solutions, cloud solutions, cybersecurity software.
89GF Score

Get the complete analysis for IST:ARDYZ

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

₺82.95
Price
₺60.32
GF Value