Celebi Hava Servisi AS (IST:CLEBI) Receivables Turnover: 2.34 (As of Mar. 2026)

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IST:CLEBI Celebi Hava Servisi AS IST:CLEBI
72 GF Score
Price ₺1,519.00
GF Value ₺2,298.00
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Celebi Hava Servisi AS Receivables Turnover?

Celebi Hava Servisi AS IST:CLEBI +0.33% 72 Receivables Turnover is 2.34 as of Mar. 2026. GuruFocus rates IST:CLEBI with a GF Score™ of 72/100 and a GF Value™ of ₺2,298.00 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 998 Transportation companies, Celebi Hava Servisi AS ranks better than 54.21% 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. Celebi Hava Servisi AS's Revenue for the three months ended in Mar. 2026 was ₺4,583 Mil. Celebi Hava Servisi AS's average Accounts Receivable for the three months ended in Mar. 2026 was ₺1,959 Mil. Hence, Celebi Hava Servisi AS's Receivables Turnover for the three months ended in Mar. 2026 was 2.34.


Celebi Hava Servisi AS  (IST:CLEBI) 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.


Celebi Hava Servisi AS Receivables Turnover Related Terms


Celebi Hava Servisi AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Celebi Hava Servisi 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.

Celebi Hava Servisi AS Receivables Turnover Chart

Celebi Hava Servisi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.32 12.89 11.38 7.61 8.90

Celebi Hava Servisi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 2.32 2.74 0.97 2.34

IST:CLEBI vs JOBY, CAAP: Receivables Turnover Comparison

For the Airports & Air Services subindustry, Celebi Hava Servisi 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.


Celebi Hava Servisi AS Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Celebi Hava Servisi AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Celebi Hava Servisi AS's Receivables Turnover falls into.


IST:CLEBI
72GF Score
Celebi Hava Servisi AS IST:CLEBI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Celebi Hava Servisi AS Receivables Turnover Calculation

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

Celebi Hava Servisi 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 )
=18227.731 / ((1991.274 + 2106.372) / 2 )
=18227.731 / 2048.823
=8.90

Celebi Hava Servisi 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 )
=4582.865 / ((2106.372 + 1810.967) / 2 )
=4582.865 / 1958.6695
=2.34

* 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 2.34 mean?
Celebi Hava Servisi AS (IST:CLEBI) has a Receivables Turnover of 2.34 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 Celebi Hava Servisi AS and its competitors. According to the industry distribution chart, Celebi Hava Servisi AS ranks #457 out of 998 companies in the Transportation industry, placing it in the top 45.8%.
Is Celebi Hava Servisi AS's Receivables Turnover too high?
Celebi Hava Servisi AS's current Receivables Turnover is 2.34. The Transportation industry median Receivables Turnover is 7.74. Celebi Hava Servisi AS's value of 2.34 is 69.7% below this industry median. Based on the distribution chart, Celebi Hava Servisi AS ranks #457 out of 998 companies in the Transportation industry, which is above the industry midpoint. Overall, Celebi Hava Servisi AS has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Celebi Hava Servisi AS's Receivables Turnover compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Celebi Hava Servisi AS ranks #457 out of 998 companies for Receivables Turnover. This puts Celebi Hava Servisi AS in the upper half of its industry. The industry median Receivables Turnover is 7.74. Celebi Hava Servisi AS's value of 2.34 is 69.7% 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 a Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 998 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. Celebi Hava Servisi AS's current Receivables Turnover of 2.34 is 69.7% 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 Celebi Hava Servisi AS and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celebi Hava Servisi AS's current Receivables Turnover is 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celebi Hava Servisi AS stock overvalued right now?
Based on GuruFocus' analysis, Celebi Hava Servisi AS (IST:CLEBI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺2,298.00, compared to a current price of ₺1,519.00 — trading 33.9% below its estimated fair value. The current Receivables Turnover is 2.34 and 69.7% below the Transportation industry median of 7.74. Celebi Hava Servisi AS's overall GF Score™ is 72/100 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 Celebi Hava Servisi AS (IST:CLEBI), the current Receivables Turnover is 2.34 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 Celebi Hava Servisi AS (IST:CLEBI) Overvalued in 2026?

Based on GuruFocus' analysis, Celebi Hava Servisi AS stock appears to be undervalued. The current stock price of ₺1,519.00 is trading 33.9% below its estimated GF Value™ of ₺2,298.00. GuruFocus considers Celebi Hava Servisi AS to be Significantly Undervalued.

Key valuation signals for IST:CLEBI:

  • Receivables Turnover: 2.34
  • GF Value™: ₺2,298.00 vs. price of ₺1,519.00 (33.9% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 69.7% below the Transportation median (#457 of 998)

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


Celebi Hava Servisi AS Business Description

Address Tayakadin Mahallesi, Nuri Demirag Caddesi No: 39, Arnavutkoy, Istanbul, TUR, 34768
Celebi Hava Servisi AS is a supplier of ground handling services to the aviation industry. The company's primary operating segment includes Ground Handling Services and Cargo and Warehouse Services. Other services include Bridge operation, Lounge, General Aviation and Platinum. It generates maximum revenue from the Ground Handling Services segment. Geographically, it operates in Turkey, Hungary, India, Spain, Tanzania and Germany.
72GF Score

Get the complete analysis for IST:CLEBI

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

₺1,519.00
Price
₺2,298.00
GF Value