Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Receivables Turnover: 0.42 (As of Mar. 2026)


IST:FORMT Formet Metal Ve Cam Sanayi Anonim Sirketi IST:FORMT
62 GF Score
Price ₺2.18
GF Value ₺2.65
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Formet Metal Ve Camnayi Anonim Sirketi Receivables Turnover?

Formet Metal Ve Camnayi Anonim Sirketi IST:FORMT -0.91% 62 Receivables Turnover is 0.42 as of Mar. 2026. GuruFocus rates IST:FORMT with a GF Score™ of 62/100 and a GF Value™ of ₺2.65 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,758 Construction companies, Formet Metal Ve Camnayi Anonim Sirketi ranks worse than 78.38% 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. Formet Metal Ve Camnayi Anonim Sirketi's Revenue for the three months ended in Mar. 2026 was ₺199.4 Mil. Formet Metal Ve Camnayi Anonim Sirketi's average Accounts Receivable for the three months ended in Mar. 2026 was ₺478.6 Mil. Hence, Formet Metal Ve Camnayi Anonim Sirketi's Receivables Turnover for the three months ended in Mar. 2026 was 0.42.


Formet Metal Ve Camnayi Anonim Sirketi  (IST:FORMT) 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.


Formet Metal Ve Camnayi Anonim Sirketi Receivables Turnover Related Terms


Formet Metal Ve Camnayi Anonim Sirketi Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Formet Metal Ve Camnayi Anonim Sirketi'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.

Formet Metal Ve Camnayi Anonim Sirketi Receivables Turnover Chart

Formet Metal Ve Camnayi Anonim Sirketi 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 2.10 3.40 2.96 2.34 2.14

Formet Metal Ve Camnayi Anonim Sirketi 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 0.66 0.82 0.79 0.64 0.42

IST:FORMT vs TT, JCI, CARR: Receivables Turnover Comparison

For the Building Products & Equipment subindustry, Formet Metal Ve Camnayi Anonim Sirketi'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.


Formet Metal Ve Camnayi Anonim Sirketi Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Formet Metal Ve Camnayi Anonim Sirketi's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Formet Metal Ve Camnayi Anonim Sirketi's Receivables Turnover falls into.


IST:FORMT
62GF Score
Formet Metal Ve Cam Sanayi Anonim Sirketi IST:FORMT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Formet Metal Ve Camnayi Anonim Sirketi Receivables Turnover Calculation

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

Formet Metal Ve Camnayi Anonim Sirketi'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 )
=923.423 / ((444.587 + 419.904) / 2 )
=923.423 / 432.2455
=2.14

Formet Metal Ve Camnayi Anonim Sirketi'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 )
=199.374 / ((419.904 + 537.314) / 2 )
=199.374 / 478.609
=0.42

* 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 0.42 mean?
Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) has a Receivables Turnover of 0.42 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 Formet Metal Ve Camnayi Anonim Sirketi and its competitors. According to the industry distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #1378 out of 1758 companies in the Construction industry, placing it in the top 78.4%.
Is Formet Metal Ve Camnayi Anonim Sirketi's Receivables Turnover too high?
Formet Metal Ve Camnayi Anonim Sirketi's current Receivables Turnover is 0.42. The Construction industry median Receivables Turnover is 4.76. Formet Metal Ve Camnayi Anonim Sirketi's value of 0.42 is 91.2% below this industry median. Based on the distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #1378 out of 1758 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Formet Metal Ve Camnayi Anonim Sirketi has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formet Metal Ve Camnayi Anonim Sirketi's Receivables Turnover compare to TT and JCI?
According to the Construction industry distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #1378 out of 1758 companies for Receivables Turnover. This places Formet Metal Ve Camnayi Anonim Sirketi in the lower half of its industry. The industry median Receivables Turnover is 4.76. Formet Metal Ve Camnayi Anonim Sirketi's value of 0.42 is 91.2% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.76, based on 1,758 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. Formet Metal Ve Camnayi Anonim Sirketi's current Receivables Turnover of 0.42 is 91.2% 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 Formet Metal Ve Camnayi Anonim Sirketi and its competitors. For the Construction industry, the median Receivables Turnover is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formet Metal Ve Camnayi Anonim Sirketi's current Receivables Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formet Metal Ve Camnayi Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺2.65, compared to a current price of ₺2.18 — trading 17.7% below its estimated fair value. The current Receivables Turnover is 0.42 and 91.2% below the Construction industry median of 4.76. Formet Metal Ve Camnayi Anonim Sirketi's overall GF Score™ is 62/100 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT), the current Receivables Turnover is 0.42 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Overvalued in 2026?

Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi stock appears to be undervalued. The current stock price of ₺2.18 is trading 17.7% below its estimated GF Value™ of ₺2.65. GuruFocus considers Formet Metal Ve Camnayi Anonim Sirketi to be Modestly Undervalued.

Key valuation signals for IST:FORMT:

  • Receivables Turnover: 0.42
  • GF Value™: ₺2.65 vs. price of ₺2.18 (17.7% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 91.2% below the Construction median (#1378 of 1758)

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


Formet Metal Ve Camnayi Anonim Sirketi Business Description

Address Caddesi No. 18, Organize Sanayi Bolgesi 9, Kayseri, TUR
Formet Metal Ve Cam Sanayi Anonim Sirketi manufactures and sells steel doors. It offers products such as Panel Series, Neo Series, Eko Series, and others. The company also provides various accessories such as Knob 204, Knob 208, Kumru 1301 Gold, and other related accessories.
62GF Score

Get the complete analysis for IST:FORMT

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

₺2.18
Price
₺2.65
GF Value