Turk Hava Yollari AO (IST:THYAO) Days Inventory: 16.90 (As of Mar. 2026) — 86% Above Median


IST:THYAO Turk Hava Yollari AO IST:THYAO
81 GF Score
Price ₺329.00
GF Value ₺467.65
Valuation Possible Value Trap
! 8 Warning Signs
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What is Turk Hava Yollari AO Days Inventory?

Turk Hava Yollari AO IST:THYAO -0.53% 81 Days Inventory is 16.90 as of Mar. 2026, which is 86% above its 10-year median of 9.11. GuruFocus rates IST:THYAO with a GF Score™ of 81/100 and a GF Value™ of ₺467.65 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 796 Transportation companies, Turk Hava Yollari AO ranks worse than 58.42% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Turk Hava Yollari AO's Average Total Inventories for the three months ended in Mar. 2026 was ₺44,345 Mil. Turk Hava Yollari AO's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺239,389 Mil. Hence, Turk Hava Yollari AO's Days Inventory for the three months ended in Mar. 2026 was 16.90.

The historical rank and industry rank for Turk Hava Yollari AO's Days Inventory or its related term are showing as below:

IST:THYAO' s Days Inventory Range Over the Past 10 Years
Min: 6.42   Med: 9.11   Max: 15.25
Current: 15.25

During the past 13 years, Turk Hava Yollari AO's highest Days Inventory was 15.25. The lowest was 6.42. And the median was 9.11.

IST:THYAO's Days Inventory is ranked worse than
58.42% of 796 companies
in the Transportation industry
Industry Median: 12.455 vs IST:THYAO: 15.25

Turk Hava Yollari AO's Days Inventory increased from Mar. 2025 (13.66) to Mar. 2026 (16.90). It might indicate that Turk Hava Yollari AO's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turk Hava Yollari AO's Inventory Turnover for the three months ended in Mar. 2026 was 5.40.

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. Turk Hava Yollari AO's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.17.


Turk Hava Yollari AO  (IST:THYAO) 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.

Turk Hava Yollari AO'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.

Turk Hava Yollari AO's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=44345.4955 / 261195.503
=0.17

* 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.


Turk Hava Yollari AO Days Inventory Related Terms


Turk Hava Yollari AO Days Inventory Historical Data

* Premium members only.

The historical data trend for Turk Hava Yollari AO'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.

Turk Hava Yollari AO Days Inventory Chart

Turk Hava Yollari AO 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 14.04 7.56 7.17 10.13 13.71

Turk Hava Yollari AO 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 13.66 14.10 14.03 15.53 16.90

IST:THYAO vs DAL, UAL, LUV: Days Inventory Comparison

For the Airlines subindustry, Turk Hava Yollari AO'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.


Turk Hava Yollari AO Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Days Inventory distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's Days Inventory falls into.


IST:THYAO
81GF Score
Turk Hava Yollari AO IST:THYAO
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Turk Hava Yollari AO Days Inventory Calculation

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

Turk Hava Yollari AO'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
=( (23462.967 + 41281.16) / 2 ) / 861786.852*365
=32372.0635 / 861786.852*365
=13.71

Turk Hava Yollari AO'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
=( (41281.16 + 47409.831) / 2 ) / 239388.746*365 / 4
=44345.4955 / 239388.746*365 / 4
=16.90

* 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 16.90 mean?
Turk Hava Yollari AO (IST:THYAO) has a Days Inventory of 16.90 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Turk Hava Yollari AO and its competitors. This is 86% above median its historical median of 9.11. Over the past decade, Turk Hava Yollari AO's Days Inventory has ranged from 6.42 to 15.25. According to the industry distribution chart, Turk Hava Yollari AO ranks #465 out of 796 companies in the Transportation industry, placing it in the top 58.4%.
Is Turk Hava Yollari AO's Days Inventory too high?
Turk Hava Yollari AO's current Days Inventory of 16.90 is 86% above median its 10-year median of 9.11. Over the past 10 years, this metric has ranged from a low of 6.42 to a high of 15.25. The Transportation industry median Days Inventory is 12.46. Turk Hava Yollari AO's value of 16.90 is 35.7% above this industry median. Based on the distribution chart, Turk Hava Yollari AO ranks #465 out of 796 companies in the Transportation industry, which is below the industry midpoint. Overall, Turk Hava Yollari AO has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Turk Hava Yollari AO's Days Inventory compare to DAL and UAL?
According to the Transportation industry distribution chart, Turk Hava Yollari AO ranks #465 out of 796 companies for Days Inventory. This places Turk Hava Yollari AO in the lower half of its industry. The industry median Days Inventory is 12.46. Turk Hava Yollari AO's value of 16.90 is 35.7% above this benchmark. Historically, Turk Hava Yollari AO's own Days Inventory has ranged from 6.42 to 15.25 over the past decade. While the company's 10-year median is 9.11 vs. the industry median of 12.46, Turk Hava Yollari AO has consistently been above 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 Transportation company?
The median Days Inventory among Transportation companies is 12.46, based on 796 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. Turk Hava Yollari AO's current Days Inventory of 16.90 is 35.7% above 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 Turk Hava Yollari AO and its competitors. For the Transportation industry, the median Days Inventory is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Hava Yollari AO's current Days Inventory is 16.90, which is 86% above median its own 10-year median of 9.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Hava Yollari AO stock overvalued right now?
Based on GuruFocus' analysis, Turk Hava Yollari AO (IST:THYAO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺467.65, compared to a current price of ₺329.00 — trading 29.6% below its estimated fair value. The current Days Inventory is 16.90, which is 86% above median its 10-year median of 9.11 and 35.7% above the Transportation industry median of 12.46. Turk Hava Yollari AO's overall GF Score™ is 81/100 with 8 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 Turk Hava Yollari AO (IST:THYAO), the current Days Inventory is 16.90 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 Turk Hava Yollari AO (IST:THYAO) Overvalued in 2026?

Based on GuruFocus' analysis, Turk Hava Yollari AO stock appears to be undervalued. The current stock price of ₺329.00 is trading 29.6% below its estimated GF Value™ of ₺467.65. GuruFocus considers Turk Hava Yollari AO to be Possible Value Trap.

Key valuation signals for IST:THYAO:

  • Days Inventory: 16.90 (86% above median its 10-year median of 9.11)
  • GF Value™: ₺467.65 vs. price of ₺329.00 (29.6% below fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 35.7% above the Transportation median (#465 of 796)

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


Turk Hava Yollari AO Business Description

Other Exchanges TKHVY:USATU5A:Germany
Address Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has flight networks across the globe, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.
81GF Score

Get the complete analysis for IST:THYAO

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

₺329.00
Price
₺467.65
GF Value