Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) Inventory Turnover: 0.55 (As of Mar. 2026)

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IST:MEKAG Meka Global Makine Imalat Sanayi ve Ticaret AS IST:MEKAG
53 GF Score
Price ₺3.30
GF Value ₺4.62
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Meka Global Makine Imalatnayi ve Ticaret AS Inventory Turnover?

Meka Global Makine Imalatnayi ve Ticaret AS IST:MEKAG -2.94% 53 Inventory Turnover is 0.55 as of Mar. 2026. GuruFocus rates IST:MEKAG with a GF Score™ of 53/100 and a GF Value™ of ₺4.62 (Modestly Undervalued). The stock has 1 warning sign 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. Meka Global Makine Imalatnayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺492 Mil. Meka Global Makine Imalatnayi ve Ticaret AS's Average Total Inventories for the quarter that ended in Mar. 2026 was ₺898 Mil. Meka Global Makine Imalatnayi ve Ticaret AS's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meka Global Makine Imalatnayi ve Ticaret AS's Days Inventory for the three months ended in Mar. 2026 was 166.45.

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. Meka Global Makine Imalatnayi ve Ticaret AS's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.40.


Meka Global Makine Imalatnayi ve Ticaret AS  (IST:MEKAG) 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.

Meka Global Makine Imalatnayi ve Ticaret AS'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
=897.9845/492.29*365 / 4
=166.45

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.

Meka Global Makine Imalatnayi ve Ticaret AS'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 )
=897.9845 / 643.63
=1.40

* 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.


Meka Global Makine Imalatnayi ve Ticaret AS Inventory Turnover Related Terms


Meka Global Makine Imalatnayi ve Ticaret AS Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Meka Global Makine Imalatnayi ve Ticaret AS's Inventory Turnover 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.

Meka Global Makine Imalatnayi ve Ticaret AS Inventory Turnover Chart

Meka Global Makine Imalatnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
2.05 2.80 3.88 2.92 2.53

Meka Global Makine Imalatnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 0.71 0.52 0.48 0.90 0.55
IST:MEKAG
53GF Score
Meka Global Makine Imalat Sanayi ve Ticaret AS IST:MEKAG
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Meka Global Makine Imalatnayi ve Ticaret AS Inventory Turnover Calculation

Meka Global Makine Imalatnayi ve Ticaret AS's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=2098.178 / ((675.308 + 986.482) / 2 )
=2098.178 / 830.895
=2.53

Meka Global Makine Imalatnayi ve Ticaret AS'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 )
=492.29 / ((775.407 + 1020.562) / 2 )
=492.29 / 897.9845
=0.55

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.55 mean?
Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) has a Inventory Turnover of 0.55 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Meka Global Makine Imalatnayi ve Ticaret AS and its competitors.
Is Meka Global Makine Imalatnayi ve Ticaret AS's Inventory Turnover too high?
Meka Global Makine Imalatnayi ve Ticaret AS's current Inventory Turnover is 0.55. Overall, Meka Global Makine Imalatnayi ve Ticaret AS has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meka Global Makine Imalatnayi ve Ticaret AS's Inventory Turnover compare to CRH and VMC?
Meka Global Makine Imalatnayi ve Ticaret AS's Inventory Turnover of 0.55 can be compared against companies in the Building Materials 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 Building Materials company?
A good Inventory Turnover depends on the Building Materials 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 Meka Global Makine Imalatnayi ve Ticaret AS and its competitors. Meka Global Makine Imalatnayi ve Ticaret AS's current Inventory Turnover is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meka Global Makine Imalatnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺4.62, compared to a current price of ₺3.30 — trading 28.6% below its estimated fair value. The current Inventory Turnover is 0.55. Meka Global Makine Imalatnayi ve Ticaret AS's overall GF Score™ is 53/100 with 1 warning sign 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 Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG), the current Inventory Turnover is 0.55 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 Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) Overvalued in 2026?

Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺3.30 is trading 28.6% below its estimated GF Value™ of ₺4.62. GuruFocus considers Meka Global Makine Imalatnayi ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:MEKAG:

  • Inventory Turnover: 0.55
  • GF Value™: ₺4.62 vs. price of ₺3.30 (28.6% below fair value)
  • GF Score™: 53/100 with 1 warning sign

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


Meka Global Makine Imalatnayi ve Ticaret AS Business Description

Address Ismet Inonu Blv No. 12, Malikoy Baskent Osb, Ankara, TUR, 06909
Meka Global Makine Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.
53GF Score

Get the complete analysis for IST:MEKAG

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

₺3.30
Price
₺4.62
GF Value