Altinayvunma Teknolojileri AS (IST:ALTNY) Receivables Turnover: 0.43 (As of Mar. 2026)

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IST:ALTNY Altinay Savunma Teknolojileri AS IST:ALTNY
18 GF Score
Price ₺16.77
! 5 Warning Signs
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What is Altinayvunma Teknolojileri AS Receivables Turnover?

Altinayvunma Teknolojileri AS IST:ALTNY -0.71% 18 Receivables Turnover is 0.43 as of Mar. 2026. GuruFocus rates IST:ALTNY with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 345 Aerospace & Defense companies, Altinayvunma Teknolojileri AS ranks worse than 78.26% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Altinayvunma Teknolojileri AS's Revenue for the three months ended in Mar. 2026 was ₺559 Mil. Altinayvunma Teknolojileri AS's average Accounts Receivable for the three months ended in Mar. 2026 was ₺1,298 Mil. Hence, Altinayvunma Teknolojileri AS's Receivables Turnover for the three months ended in Mar. 2026 was 0.43.


Altinayvunma Teknolojileri AS  (IST:ALTNY) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Altinayvunma Teknolojileri AS Receivables Turnover Related Terms


Altinayvunma Teknolojileri AS Receivables Turnover Historical Data

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The historical data trend for Altinayvunma Teknolojileri AS's Receivables 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.

Altinayvunma Teknolojileri AS Receivables Turnover Chart

Altinayvunma Teknolojileri AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
2.17 3.10 4.40 2.65 2.42

Altinayvunma Teknolojileri AS Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables 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 0.73 0.51 0.42 1.19 0.43

IST:ALTNY vs SPCX, GE, RTX: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, Altinayvunma Teknolojileri AS's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Altinayvunma Teknolojileri AS Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Altinayvunma Teknolojileri AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Altinayvunma Teknolojileri AS's Receivables Turnover falls into.


IST:ALTNY
18GF Score
Altinay Savunma Teknolojileri AS IST:ALTNY
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Altinayvunma Teknolojileri AS Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Altinayvunma Teknolojileri AS's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=3139.85 / ((1228.787 + 1365.252) / 2 )
=3139.85 / 1297.0195
=2.42

Altinayvunma Teknolojileri AS's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=558.532 / ((1365.252 + 1231.684) / 2 )
=558.532 / 1298.468
=0.43

* 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 Receivables Turnover →
What does a Receivables Turnover of 0.43 mean?
Altinayvunma Teknolojileri AS (IST:ALTNY) has a Receivables Turnover of 0.43 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Altinayvunma Teknolojileri AS and its competitors. According to the industry distribution chart, Altinayvunma Teknolojileri AS ranks #270 out of 345 companies in the Aerospace & Defense industry, placing it in the top 78.3%.
Is Altinayvunma Teknolojileri AS's Receivables Turnover too high?
Altinayvunma Teknolojileri AS's current Receivables Turnover is 0.43. The Aerospace & Defense industry median Receivables Turnover is 5.75. Altinayvunma Teknolojileri AS's value of 0.43 is 92.5% below this industry median. Based on the distribution chart, Altinayvunma Teknolojileri AS ranks #270 out of 345 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Altinayvunma Teknolojileri AS has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Altinayvunma Teknolojileri AS's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Altinayvunma Teknolojileri AS ranks #270 out of 345 companies for Receivables Turnover. This places Altinayvunma Teknolojileri AS in the lower half of its industry. The industry median Receivables Turnover is 5.75. Altinayvunma Teknolojileri AS's value of 0.43 is 92.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.75, based on 345 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altinayvunma Teknolojileri AS's current Receivables Turnover of 0.43 is 92.5% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Altinayvunma Teknolojileri AS and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altinayvunma Teknolojileri AS's current Receivables Turnover is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altinayvunma Teknolojileri AS stock overvalued right now?
Altinayvunma Teknolojileri AS (IST:ALTNY) has a current Receivables Turnover of 0.43. The current Receivables Turnover is 0.43 and 92.5% below the Aerospace & Defense industry median of 5.75. Altinayvunma Teknolojileri AS's overall GF Score™ is 18/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Altinayvunma Teknolojileri AS (IST:ALTNY), the current Receivables Turnover is 0.43 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.

Altinayvunma Teknolojileri AS Business Description

Address Sanayi Mahallesi, Teknopark Bulvari, No - 1/4A ynterior Door No- 201 and 202, Pendik, Istanbul, TUR
Altinay Savunma Teknolojileri AS is a company which has has been providing products and solutions in the fields of Motion Control Systems, Unmanned Systems, Stealth Systems, Weapon Systems, Ammunition Destruction, and Production Systems to various stakeholders in the government, private sector, and international markets.
18GF Score

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