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Inventory Turnover measures how fast the company turns over its inventory within a year.
Mercan Kimyanayi ve Ticaret AS's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.17.
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.
Mercan Kimyanayi ve Ticaret AS's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.63.
Mercan Kimyanayi ve Ticaret AS (IST:MERCN) 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.
Mercan Kimyanayi ve Ticaret 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.
Mercan Kimyanayi ve Ticaret AS's Inventory to Revenue for the
three
months 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.
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.
Mercan Kimyanayi ve Ticaret AS Days Inventory Related Terms
Mercan Kimyanayi ve Ticaret AS Days Inventory 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.
Mercan Kimyanayi ve Ticaret AS Days Inventory Chart
IST:MERCN vs LIN, SHW, ECL: Days Inventory Comparison
For the Specialty Chemicals subindustry, Mercan Kimyanayi ve Ticaret 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.
Mercan Kimyanayi ve Ticaret AS Days Inventory vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mercan Kimyanayi ve Ticaret AS's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mercan Kimyanayi ve Ticaret AS's Days Inventory falls into.
* 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.
Mercan Kimyanayi ve Ticaret AS (IST:MERCN) has a Days Inventory of 78.32 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mercan Kimyanayi ve Ticaret AS and its competitors. This is near median its historical median of 72.70. Over the past decade, Mercan Kimyanayi ve Ticaret AS's Days Inventory has ranged from 55.75 to 95.61. According to the industry distribution chart, Mercan Kimyanayi ve Ticaret AS ranks #697 out of 1540 companies in the Chemicals industry, placing it in the top 45.3%.
Is Mercan Kimyanayi ve Ticaret AS's Days Inventory too high?
Mercan Kimyanayi ve Ticaret AS's current Days Inventory of 78.32 is near median its 10-year median of 72.70. Over the past 10 years, this metric has ranged from a low of 55.75 to a high of 95.61. The Chemicals industry median Days Inventory is 80.17. Mercan Kimyanayi ve Ticaret AS's value of 78.32 is 2.3% below this industry median. Based on the distribution chart, Mercan Kimyanayi ve Ticaret AS ranks #697 out of 1540 companies in the Chemicals industry, which is above the industry midpoint. Overall, Mercan Kimyanayi ve Ticaret AS has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercan Kimyanayi ve Ticaret AS's Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mercan Kimyanayi ve Ticaret AS ranks #697 out of 1540 companies for Days Inventory. This puts Mercan Kimyanayi ve Ticaret AS in the upper half of its industry. The industry median Days Inventory is 80.17. Mercan Kimyanayi ve Ticaret AS's value of 78.32 is 2.3% below this benchmark. Historically, Mercan Kimyanayi ve Ticaret AS's own Days Inventory has ranged from 55.75 to 95.61 over the past decade. While the company's 10-year median is 72.70 vs. the industry median of 80.17, Mercan Kimyanayi ve Ticaret 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 a Chemicals company?
The median Days Inventory among Chemicals companies is 80.17, based on 1,540 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. Mercan Kimyanayi ve Ticaret AS's current Days Inventory of 78.32 is 2.3% 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 Mercan Kimyanayi ve Ticaret AS and its competitors. For the Chemicals industry, the median Days Inventory is 80.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercan Kimyanayi ve Ticaret AS's current Days Inventory is 78.32, which is near median its own 10-year median of 72.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercan Kimyanayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Mercan Kimyanayi ve Ticaret AS (IST:MERCN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺11.95, compared to a current price of ₺21.14 — trading 76.9% above its estimated fair value. The current Days Inventory is 78.32, which is near median its 10-year median of 72.70 and 2.3% below the Chemicals industry median of 80.17. Mercan Kimyanayi ve Ticaret AS's overall GF Score™ is 70/100 with 6 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 Mercan Kimyanayi ve Ticaret AS (IST:MERCN), the current Days Inventory is 78.32 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 Mercan Kimyanayi ve Ticaret AS (IST:MERCN) Overvalued in 2026?
Based on GuruFocus' analysis, Mercan Kimyanayi ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺21.14 is trading 76.9% above its estimated GF Value™ of ₺11.95.
GuruFocus considers Mercan Kimyanayi ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:MERCN:
Days Inventory: 78.32 (near median its 10-year median of 72.70)
GF Value™: ₺11.95 vs. price of ₺21.14 (76.9% above fair value)
Industry Position: 2.3% below the Chemicals median (#697 of 1540)
No single metric tells the full story. See the IST:MERCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercan Kimya Sanayi ve Ticaret AS is engaged in the business of producing, buying, and selling paraffin, emulsion, vaseline and liquid paraffin. It has three group companies under its roof. One of these companies trades cosmetics, detergents, and industrial products in Turkey and abroad. The other company's main activity is to produce, buy and sell paraffin and emulsion for domestic and international markets.
70GF Score
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