Merko Gidanayi Ve Ticaret AS (IST:MERKO) Receivables Turnover: 1.38 (As of Mar. 2026)

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IST:MERKO Merko Gida Sanayi Ve Ticaret AS IST:MERKO
12 GF Score
Price ₺1.37
! 7 Warning Signs
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What is Merko Gidanayi Ve Ticaret AS Receivables Turnover?

Merko Gidanayi Ve Ticaret AS IST:MERKO -0.72% 12 Receivables Turnover is 1.38 as of Mar. 2026. GuruFocus rates IST:MERKO with a GF Score™ of 12/100. The stock has 7 warning signs investors should review. Among 1,940 Consumer Packaged Goods companies, Merko Gidanayi Ve Ticaret AS ranks worse than 96.08% 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. Merko Gidanayi Ve Ticaret AS's Revenue for the three months ended in Mar. 2026 was ₺155.1 Mil. Merko Gidanayi Ve Ticaret AS's average Accounts Receivable for the three months ended in Mar. 2026 was ₺112.6 Mil. Hence, Merko Gidanayi Ve Ticaret AS's Receivables Turnover for the three months ended in Mar. 2026 was 1.38.


Merko Gidanayi Ve Ticaret AS  (IST:MERKO) 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.


Merko Gidanayi Ve Ticaret AS Receivables Turnover Related Terms


Merko Gidanayi Ve Ticaret AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Merko Gidanayi 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.

Merko Gidanayi Ve Ticaret AS Receivables Turnover Chart

Merko Gidanayi Ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.66 22.19 19.81 12.25 29.36

Merko Gidanayi Ve Ticaret 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 6.28 0.00 1.48 1.98 1.38

IST:MERKO vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, Merko Gidanayi 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.


Merko Gidanayi Ve Ticaret AS Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Merko Gidanayi Ve Ticaret AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Merko Gidanayi Ve Ticaret AS's Receivables Turnover falls into.


IST:MERKO
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Merko Gida Sanayi Ve Ticaret AS IST:MERKO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Merko Gidanayi Ve Ticaret AS Receivables Turnover Calculation

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

Merko Gidanayi Ve Ticaret AS's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=1439.719 / ((63.794 + 34.271) / 2 )
=1439.719 / 49.0325
=29.36

Merko Gidanayi 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 )
=155.064 / ((115.523 + 109.616) / 2 )
=155.064 / 112.5695
=1.38

* 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 1.38 mean?
Merko Gidanayi Ve Ticaret AS (IST:MERKO) has a Receivables Turnover of 1.38 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 Merko Gidanayi Ve Ticaret AS and its competitors. According to the industry distribution chart, Merko Gidanayi Ve Ticaret AS ranks #1864 out of 1940 companies in the Consumer Packaged Goods industry, placing it in the top 96.1%.
Is Merko Gidanayi Ve Ticaret AS's Receivables Turnover too high?
Merko Gidanayi Ve Ticaret AS's current Receivables Turnover is 1.38. The Consumer Packaged Goods industry median Receivables Turnover is 9.37. Merko Gidanayi Ve Ticaret AS's value of 1.38 is 85.3% below this industry median. Based on the distribution chart, Merko Gidanayi Ve Ticaret AS ranks #1864 out of 1940 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Merko Gidanayi Ve Ticaret AS has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Merko Gidanayi Ve Ticaret AS's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Merko Gidanayi Ve Ticaret AS ranks #1864 out of 1940 companies for Receivables Turnover. This places Merko Gidanayi Ve Ticaret AS in the lower half of its industry. The industry median Receivables Turnover is 9.37. Merko Gidanayi Ve Ticaret AS's value of 1.38 is 85.3% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.37, based on 1,940 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. Merko Gidanayi Ve Ticaret AS's current Receivables Turnover of 1.38 is 85.3% 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 Merko Gidanayi Ve Ticaret AS and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merko Gidanayi Ve Ticaret AS's current Receivables Turnover is 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merko Gidanayi Ve Ticaret AS stock overvalued right now?
Merko Gidanayi Ve Ticaret AS (IST:MERKO) has a current Receivables Turnover of 1.38. The current Receivables Turnover is 1.38 and 85.3% below the Consumer Packaged Goods industry median of 9.37. Merko Gidanayi Ve Ticaret AS's overall GF Score™ is 12/100 with 7 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 Merko Gidanayi Ve Ticaret AS (IST:MERKO), the current Receivables Turnover is 1.38 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.

Merko Gidanayi Ve Ticaret AS Business Description

Address Levent Mah. Comert Sk, Yapi Kredi Plaza Sitesi, B Blok No: 1B Ic Kapi No: 23, Besiktas, Istanbul, TUR, 34330
Merko Gida Sanayi Ve Ticaret AS operates as a tomato processor. The company's products are categorized as Aseptic Chopped Tomatoes, in a tin box Chopped Tomatoes, and tomato juice concentrate.
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