Aygaz AS (IST:AYGAZ) Days Inventory: 12.80 (As of Mar. 2026) — Near Median


IST:AYGAZ Aygaz AS IST:AYGAZ
56 GF Score
Price ₺220.80
GF Value ₺149.26
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Aygaz AS Days Inventory?

Aygaz AS IST:AYGAZ +0.14% 56 Days Inventory is 12.80 as of Mar. 2026, which is 5% below its 10-year median of 13.44. GuruFocus rates IST:AYGAZ with a GF Score™ of 56/100 and a GF Value™ of ₺149.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 453 Utilities - Regulated companies, Aygaz AS ranks better than 64.9% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Aygaz AS's Average Total Inventories for the three months ended in Mar. 2026 was ₺2,715 Mil. Aygaz AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺19,357 Mil. Hence, Aygaz AS's Days Inventory for the three months ended in Mar. 2026 was 12.80.

The historical rank and industry rank for Aygaz AS's Days Inventory or its related term are showing as below:

IST:AYGAZ' s Days Inventory Range Over the Past 10 Years
Min: 11.3   Med: 13.44   Max: 23.15
Current: 13.79

During the past 13 years, Aygaz AS's highest Days Inventory was 23.15. The lowest was 11.30. And the median was 13.44.

IST:AYGAZ's Days Inventory is ranked better than
64.9% of 453 companies
in the Utilities - Regulated industry
Industry Median: 22.51 vs IST:AYGAZ: 13.79

Aygaz AS's Days Inventory increased from Mar. 2025 (12.77) to Mar. 2026 (12.80). It might indicate that Aygaz AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aygaz AS's Inventory Turnover for the three months ended in Mar. 2026 was 7.13.

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. Aygaz AS's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.12.


Aygaz AS  (IST:AYGAZ) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Aygaz AS's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. 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.

Aygaz AS's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2714.6495 / 21891.156
=0.12

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Aygaz AS Days Inventory Related Terms


Aygaz AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Aygaz AS's Days 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.

Aygaz AS Days Inventory Chart

Aygaz AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.15 14.29 14.18 11.37 14.15

Aygaz AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 12.77 16.27 15.10 12.17 12.80

IST:AYGAZ vs ATO, NI, UGI: Days Inventory Comparison

For the Utilities - Regulated Gas subindustry, Aygaz AS's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Aygaz AS Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Aygaz AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aygaz AS's Days Inventory falls into.


IST:AYGAZ
56GF Score
Aygaz AS IST:AYGAZ
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Aygaz AS Days Inventory Calculation

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

Aygaz AS's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (3243.009 + 2983.601) / 2 ) / 80304.899*365
=3113.305 / 80304.899*365
=14.15

Aygaz AS's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2983.601 + 2445.698) / 2 ) / 19356.523*365 / 4
=2714.6495 / 19356.523*365 / 4
=12.80

* 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 Days Inventory →
What does a Days Inventory of 12.80 mean?
Aygaz AS (IST:AYGAZ) has a Days Inventory of 12.80 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Aygaz AS and its competitors. This is near median its historical median of 13.44. Over the past decade, Aygaz AS's Days Inventory has ranged from 11.30 to 23.15. According to the industry distribution chart, Aygaz AS ranks #159 out of 453 companies in the Utilities - Regulated industry, placing it in the top 35.1%.
Is Aygaz AS's Days Inventory too high?
Aygaz AS's current Days Inventory of 12.80 is near median its 10-year median of 13.44. Over the past 10 years, this metric has ranged from a low of 11.30 to a high of 23.15. The Utilities - Regulated industry median Days Inventory is 22.51. Aygaz AS's value of 12.80 is 43.1% below this industry median. Based on the distribution chart, Aygaz AS ranks #159 out of 453 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Aygaz AS has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aygaz AS's Days Inventory compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Aygaz AS ranks #159 out of 453 companies for Days Inventory. This puts Aygaz AS in the upper half of its industry. The industry median Days Inventory is 22.51. Aygaz AS's value of 12.80 is 43.1% below this benchmark. Historically, Aygaz AS's own Days Inventory has ranged from 11.30 to 23.15 over the past decade. While the company's 10-year median is 13.44 vs. the industry median of 22.51, Aygaz AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.51, based on 453 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aygaz AS's current Days Inventory of 12.80 is 43.1% 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 Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Aygaz AS and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aygaz AS's current Days Inventory is 12.80, which is near median its own 10-year median of 13.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aygaz AS stock overvalued right now?
Based on GuruFocus' analysis, Aygaz AS (IST:AYGAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺149.26, compared to a current price of ₺220.80 — trading 47.9% above its estimated fair value. The current Days Inventory is 12.80, which is near median its 10-year median of 13.44 and 43.1% below the Utilities - Regulated industry median of 22.51. Aygaz AS's overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Aygaz AS (IST:AYGAZ), the current Days Inventory is 12.80 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 Aygaz AS (IST:AYGAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Aygaz AS stock appears to be overvalued. The current stock price of ₺220.80 is trading 47.9% above its estimated GF Value™ of ₺149.26. GuruFocus considers Aygaz AS to be Significantly Overvalued.

Key valuation signals for IST:AYGAZ:

  • Days Inventory: 12.80 (near median its 10-year median of 13.44)
  • GF Value™: ₺149.26 vs. price of ₺220.80 (47.9% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 43.1% below the Utilities - Regulated median (#159 of 453)

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


Aygaz AS Business Description

Address Buyukdere Caddesi No: 145-1, Aygaz Han, Zincirlikuyu, Sisli, Istanbul, TUR, 34394
Aygaz AS is a gas company engaged in the sale and distribution of liquefied petroleum gas, or LPG, and natural gas products in Turkey. The group has three operating segments which are LPG and gas, cargo transportation and distribution, petroleum products, and electricity. It generates the majority of its revenue from the LPG and gas segment.
56GF Score

Get the complete analysis for IST:AYGAZ

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

₺220.80
Price
₺149.26
GF Value