Good Year Lastikleri TAS (IST:GOODY) Inventory Turnover: 1.78 (As of Mar. 2026)

What is Good Year Lastikleri TAS Inventory Turnover?

Good Year Lastikleri TAS IST:GOODY +1.08% 70 Inventory Turnover is 1.78 as of Mar. 2026. GuruFocus rates IST:GOODY with a GF Score™ of 70/100 and a GF Value™ of ₺3.05 (Fairly Valued). The stock has 9 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Good Year Lastikleri TAS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺6,975 Mil. Good Year Lastikleri TAS's Average Total Inventories for the quarter that ended in Mar. 2026 was ₺3,922 Mil. Good Year Lastikleri TAS's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Good Year Lastikleri TAS's Days Inventory for the three months ended in Mar. 2026 was 51.31.

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. Good Year Lastikleri TAS's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.52.

Good Year Lastikleri TAS (IST:GOODY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Good Year Lastikleri TAS's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	3922.227	/	6975.427	*	365 / 4
	=	51.31

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.

Good Year Lastikleri TAS's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	3922.227	/	7591.71
	=	0.52

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Good Year Lastikleri TAS Inventory Turnover Related Terms

Good Year Lastikleri TAS Inventory Turnover Historical Data

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The historical data trend for Good Year Lastikleri TAS's Inventory Turnover can be seen below:

Good Year Lastikleri TAS Inventory Turnover Chart

Good Year Lastikleri TAS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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4.97

7.17

6.84

7.40

6.71

Good Year Lastikleri TAS Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															2.06	1.57	1.46	1.77	1.78

70GF Score

Good Year Lastikleri TAS IST:GOODY

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Good Year Lastikleri TAS Inventory Turnover Calculation

Good Year Lastikleri TAS's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	24957.935	/ (	(3484.095	+	3951.047)	/	2 )
=	24957.935	/	3717.571
=	6.71

Good Year Lastikleri TAS's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	6975.427	/ (	(3951.047	+	3893.407)	/	2 )
=	6975.427	/	3922.227
=	1.78

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.78 mean?

Good Year Lastikleri TAS (IST:GOODY) has a Inventory Turnover of 1.78 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Good Year Lastikleri TAS and its competitors.

Is Good Year Lastikleri TAS's Inventory Turnover too high?

Good Year Lastikleri TAS's current Inventory Turnover is 1.78. Overall, Good Year Lastikleri TAS has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Good Year Lastikleri TAS's Inventory Turnover compare to ORLY and AZO?

Good Year Lastikleri TAS's Inventory Turnover of 1.78 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Vehicles & Parts company?

A good Inventory Turnover depends on the Vehicles & Parts industry context. However, Inventory Turnover 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 Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Good Year Lastikleri TAS and its competitors. Good Year Lastikleri TAS's current Inventory Turnover is 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Good Year Lastikleri TAS stock overvalued right now?

Based on GuruFocus' analysis, Good Year Lastikleri TAS (IST:GOODY) is currently considered Fairly Valued. The stock's GF Value™ is ₺3.05, compared to a current price of ₺2.82 — trading 7.5% below its estimated fair value. The current Inventory Turnover is 1.78. Good Year Lastikleri TAS's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Good Year Lastikleri TAS (IST:GOODY), the current Inventory Turnover is 1.78 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 Good Year Lastikleri TAS (IST:GOODY) Overvalued in 2026?

Based on GuruFocus' analysis, Good Year Lastikleri TAS stock appears to be undervalued. The current stock price of ₺2.82 is trading 7.5% below its estimated GF Value™ of ₺3.05. GuruFocus considers Good Year Lastikleri TAS to be Fairly Valued.

Key valuation signals for IST:GOODY:

Inventory Turnover: 1.78
GF Value™: ₺3.05 vs. price of ₺2.82 (7.5% below fair value)
GF Score™: 70/100 with 9 warning signs

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

Good Year Lastikleri TAS Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies IST:SAFKR IST:FMIZP IST:DITAS IST:PARSN IST:JANTS IST:BFREN ORLY TSE:5802 AZO TSE:6902 XKRX:012330 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG XTER:CON NSE:MOTHERSON GPC BWA

Address Buyukdere Street, Maslak Square, Maslak Business Center No: 37 Floor: 3 -4, Maslak, Istanbul, TUR

Website http://eu.goodyear.com

Good Year Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. Its products include summer, winter, and four-season tires for all types of vehicles that are used in cars, pickup trucks, vans, trucks, and buses. It also offers outer tires of radial and conventional heavy equipment; and various inner tubes and flaps. Geographically, the company caters its services in domestic and foreign markets.

70GF Score

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

₺2.82

Price

₺3.05

GF Value

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