Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS has a quick ratio of 0.64. It indicates that the company cannot currently fully pay back its current liabilities.
IST:FLAP's Quick Ratio is ranked worse than 74.21% of 857
companies
in the Travel & Leisure industry
Industry Median: 1.14
vs IST:FLAP: 0.64
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Quick Ratio Related Terms
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Quick Ratio 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.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Quick Ratio Chart
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Annual Data
* 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.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Quick Ratio vs Travel & Leisure Industry
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* 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.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) has a Quick Ratio of 0.64 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS and its competitors. This is 73% below median its historical median of 2.40. Over the past decade, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Quick Ratio has ranged from 0.64 to 9.23. According to the industry distribution chart, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks #636 out of 857 companies in the Travel & Leisure industry, placing it in the top 74.2%.
Is Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Quick Ratio too high?
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current Quick Ratio of 0.64 is 73% below median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 9.23. The Travel & Leisure industry median Quick Ratio is 1.14. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's value of 0.64 is 43.9% below this industry median. Based on the distribution chart, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks #636 out of 857 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Quick Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks #636 out of 857 companies for Quick Ratio. This places Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS in the lower half of its industry. The industry median Quick Ratio is 1.14. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's value of 0.64 is 43.9% below this benchmark. Historically, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's own Quick Ratio has ranged from 0.64 to 9.23 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 1.14, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 Quick Ratio for a Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current Quick Ratio of 0.64 is 43.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current Quick Ratio is 0.64, which is 73% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS stock overvalued right now?
Based on GuruFocus' analysis, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺9.80, compared to a current price of ₺11.89 — trading 21.3% above its estimated fair value. The current Quick Ratio is 0.64, which is 73% below median its 10-year median of 2.40 and 43.9% below the Travel & Leisure industry median of 1.14. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP), the current Quick Ratio is 0.64 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 Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) Overvalued in 2026?
Based on GuruFocus' analysis, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS stock appears to be overvalued.
The current stock price of ₺11.89 is trading 21.3% above its estimated GF Value™ of ₺9.80.
GuruFocus considers Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS to be Modestly Overvalued.
Key valuation signals for IST:FLAP:
Quick Ratio: 0.64 (73% below median its 10-year median of 2.40)
GF Value™: ₺9.80 vs. price of ₺11.89 (21.3% above fair value)
Industry Position: 43.9% below the Travel & Leisure median (#636 of 857)
No single metric tells the full story. See the IST:FLAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Business Description
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS is a Turkey-based company engaged in travel and tourism business. It is involved in planning and organizing events considering the developments and trends in all fields of the tourism industry.
58GF Score
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