Turk Hava Yollari AO (IST:THYAO) Inventory Turnover: 5.40 (As of Mar. 2026)


IST:THYAO Turk Hava Yollari AO IST:THYAO
81 GF Score
Price ₺328.50
GF Value ₺470.06
Valuation Possible Value Trap
! 8 Warning Signs
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What is Turk Hava Yollari AO Inventory Turnover?

Turk Hava Yollari AO IST:THYAO +0.77% 81 Inventory Turnover is 5.40 as of Mar. 2026. GuruFocus rates IST:THYAO with a GF Score™ of 81/100 and a GF Value™ of ₺470.06 (Possible Value Trap). The stock has 8 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. Turk Hava Yollari AO's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺239,389 Mil. Turk Hava Yollari AO's Average Total Inventories for the quarter that ended in Mar. 2026 was ₺44,345 Mil. Turk Hava Yollari AO's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.40.

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 three months ended in Mar. 2026 was 16.90.

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 quarter that ended in Mar. 2026 was 0.17.

Turk Hava Yollari AO  (IST:THYAO) 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.

Turk Hava Yollari AO'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
=44345.4955/239388.746*365 / 4
=16.90

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 quarter that ended in Mar. 2026 is calculated as

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

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.

Turk Hava Yollari AO Inventory Turnover Related Terms

Turk Hava Yollari AO Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Turk Hava Yollari AO'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.

Turk Hava Yollari AO Inventory Turnover Chart

Turk Hava Yollari AO Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.99 48.31 50.93 36.02 26.62

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
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 Premium Member Only Premium Member Only Premium Member Only 6.68 6.47 6.51 5.88 5.40
IST:THYAO
81GF Score
Turk Hava Yollari AO IST:THYAO
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Turk Hava Yollari AO Inventory Turnover Calculation

Turk Hava Yollari AO'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 )
=861786.852 / ((23462.967 + 41281.16) / 2 )
=861786.852 / 32372.0635
=26.62

Turk Hava Yollari AO'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 )
=239388.746 / ((41281.16 + 47409.831) / 2 )
=239388.746 / 44345.4955
=5.40

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 5.40 mean?
Turk Hava Yollari AO (IST:THYAO) has a Inventory Turnover of 5.40 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Turk Hava Yollari AO and its competitors.
Is Turk Hava Yollari AO's Inventory Turnover too high?
Turk Hava Yollari AO's current Inventory Turnover is 5.40. 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 Inventory Turnover compare to DAL and UAL?
Turk Hava Yollari AO's Inventory Turnover of 5.40 can be compared against companies in the Transportation 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 Transportation company?
A good Inventory Turnover depends on the Transportation 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 Turk Hava Yollari AO and its competitors. Turk Hava Yollari AO's current Inventory Turnover is 5.40. 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 ₺470.06, compared to a current price of ₺328.50 — trading 30.1% below its estimated fair value. The current Inventory Turnover is 5.40. 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 Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Turk Hava Yollari AO (IST:THYAO), the current Inventory Turnover is 5.40 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 ₺328.50 is trading 30.1% below its estimated GF Value™ of ₺470.06. GuruFocus considers Turk Hava Yollari AO to be Possible Value Trap.

Key valuation signals for IST:THYAO:

  • Inventory Turnover: 5.40
  • GF Value™: ₺470.06 vs. price of ₺328.50 (30.1% below fair value)
  • GF Score™: 81/100 with 8 warning signs

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

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

₺328.50
Price
₺470.06
GF Value