Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Receivables Turnover: 2.57 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:DOFER Dofer Yapi Malzemeleri Sanayi ve Ticaret AS IST:DOFER
74 GF Score
Price ₺30.62
GF Value ₺62.73
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Dofer Yapi Malzemelerinayi ve Ticaret AS Receivables Turnover?

Dofer Yapi Malzemelerinayi ve Ticaret AS IST:DOFER -1.98% 74 Receivables Turnover is 2.57 as of Mar. 2026. GuruFocus rates IST:DOFER with a GF Score™ of 74/100 and a GF Value™ of ₺62.73 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 605 Steel companies, Dofer Yapi Malzemelerinayi ve Ticaret AS ranks better than 71.9% 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. Dofer Yapi Malzemelerinayi ve Ticaret AS's Revenue for the three months ended in Mar. 2026 was ₺1,733 Mil. Dofer Yapi Malzemelerinayi ve Ticaret AS's average Accounts Receivable for the three months ended in Mar. 2026 was ₺675 Mil. Hence, Dofer Yapi Malzemelerinayi ve Ticaret AS's Receivables Turnover for the three months ended in Mar. 2026 was 2.57.


Dofer Yapi Malzemelerinayi ve Ticaret AS  (IST:DOFER) 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.


Dofer Yapi Malzemelerinayi ve Ticaret AS Receivables Turnover Related Terms


Dofer Yapi Malzemelerinayi ve Ticaret AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Dofer Yapi Malzemelerinayi ve Ticaret 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.

Dofer Yapi Malzemelerinayi ve Ticaret AS Receivables Turnover Chart

Dofer Yapi Malzemelerinayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 15.88 49.68 34.10 23.71 15.59

Dofer Yapi Malzemelerinayi ve Ticaret AS Quarterly Data
Dec20 Dec21 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 4.55 2.85 2.69 2.97 2.57

IST:DOFER vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Dofer Yapi Malzemelerinayi ve Ticaret 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.


Dofer Yapi Malzemelerinayi ve Ticaret AS Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Dofer Yapi Malzemelerinayi ve Ticaret AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dofer Yapi Malzemelerinayi ve Ticaret AS's Receivables Turnover falls into.


IST:DOFER
74GF Score
Dofer Yapi Malzemeleri Sanayi ve Ticaret AS IST:DOFER
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dofer Yapi Malzemelerinayi ve Ticaret AS Receivables Turnover Calculation

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

Dofer Yapi Malzemelerinayi ve Ticaret 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 )
=6891.384 / ((245.443 + 638.545) / 2 )
=6891.384 / 441.994
=15.59

Dofer Yapi Malzemelerinayi ve Ticaret 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 )
=1733.331 / ((638.545 + 711.353) / 2 )
=1733.331 / 674.949
=2.57

* 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 2.57 mean?
Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) has a Receivables Turnover of 2.57 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 Dofer Yapi Malzemelerinayi ve Ticaret AS and its competitors. According to the industry distribution chart, Dofer Yapi Malzemelerinayi ve Ticaret AS ranks #170 out of 605 companies in the Steel industry, placing it in the top 28.1%.
Is Dofer Yapi Malzemelerinayi ve Ticaret AS's Receivables Turnover too high?
Dofer Yapi Malzemelerinayi ve Ticaret AS's current Receivables Turnover is 2.57. The Steel industry median Receivables Turnover is 7.16. Dofer Yapi Malzemelerinayi ve Ticaret AS's value of 2.57 is 64.1% below this industry median. Based on the distribution chart, Dofer Yapi Malzemelerinayi ve Ticaret AS ranks #170 out of 605 companies in the Steel industry, which is above the industry midpoint. Overall, Dofer Yapi Malzemelerinayi ve Ticaret AS has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dofer Yapi Malzemelerinayi ve Ticaret AS's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Dofer Yapi Malzemelerinayi ve Ticaret AS ranks #170 out of 605 companies for Receivables Turnover. This puts Dofer Yapi Malzemelerinayi ve Ticaret AS in the upper half of its industry. The industry median Receivables Turnover is 7.16. Dofer Yapi Malzemelerinayi ve Ticaret AS's value of 2.57 is 64.1% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.16, based on 605 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. Dofer Yapi Malzemelerinayi ve Ticaret AS's current Receivables Turnover of 2.57 is 64.1% 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 Dofer Yapi Malzemelerinayi ve Ticaret AS and its competitors. For the Steel industry, the median Receivables Turnover is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dofer Yapi Malzemelerinayi ve Ticaret AS's current Receivables Turnover is 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dofer Yapi Malzemelerinayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺62.73, compared to a current price of ₺30.62 — trading 51.2% below its estimated fair value. The current Receivables Turnover is 2.57 and 64.1% below the Steel industry median of 7.16. Dofer Yapi Malzemelerinayi ve Ticaret AS's overall GF Score™ is 74/100 with 6 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 Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER), the current Receivables Turnover is 2.57 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 Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Overvalued in 2026?

Based on GuruFocus' analysis, Dofer Yapi Malzemelerinayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺30.62 is trading 51.2% below its estimated GF Value™ of ₺62.73. GuruFocus considers Dofer Yapi Malzemelerinayi ve Ticaret AS to be Significantly Undervalued.

Key valuation signals for IST:DOFER:

  • Receivables Turnover: 2.57
  • GF Value™: ₺62.73 vs. price of ₺30.62 (51.2% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 64.1% below the Steel median (#170 of 605)

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


Dofer Yapi Malzemelerinayi ve Ticaret AS Business Description

Address Turgut Ozal 2, Bulvar? No. 34 Dofer Plaza, Alt?ndag / ANKARA, Istanbul, TUR
Dofer Yapi Malzemeleri Sanayi ve Ticaret AS is engaged in trade of reinforcing bar, as well as production of wire mesh & pre-cut rebar.
74GF Score

Get the complete analysis for IST:DOFER

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

₺30.62
Price
₺62.73
GF Value