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. Turk Hava Yollari AO's Revenue for the
three
months ended in Mar. 2026 was ₺261,196 Mil. Turk Hava Yollari AO's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₺53,452 Mil.
Hence, Turk Hava Yollari AO's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.89.
Turk Hava Yollari AO (IST:THYAO) 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.
Turk Hava Yollari AO Receivables Turnover Related Terms
Turk Hava Yollari AO Receivables Turnover Historical Data
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The historical data trend for Turk Hava Yollari AO'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.
IST:THYAO vs DAL, UAL, LUV: Receivables Turnover Comparison
For the Airlines subindustry, Turk Hava Yollari AO'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.
Turk Hava Yollari AO Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Turk Hava Yollari AO's Receivables Turnover falls into.
* 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.
Turk Hava Yollari AO (IST:THYAO) has a Receivables Turnover of 4.89 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 Turk Hava Yollari AO and its competitors. According to the industry distribution chart, Turk Hava Yollari AO ranks #142 out of 996 companies in the Transportation industry, placing it in the top 14.3%.
Is Turk Hava Yollari AO's Receivables Turnover too high?
Turk Hava Yollari AO's current Receivables Turnover is 4.89. The Transportation industry median Receivables Turnover is 7.70. Turk Hava Yollari AO's value of 4.89 is 36.5% below this industry median. Based on the distribution chart, Turk Hava Yollari AO ranks #142 out of 996 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Turk Hava Yollari AO has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turk Hava Yollari AO's Receivables Turnover compare to DAL and UAL?
According to the Transportation industry distribution chart, Turk Hava Yollari AO ranks #142 out of 996 companies for Receivables Turnover. This places Turk Hava Yollari AO in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.70. Turk Hava Yollari AO's value of 4.89 is 36.5% 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 a Transportation company?
The median Receivables Turnover among Transportation companies is 7.70, based on 996 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. Turk Hava Yollari AO's current Receivables Turnover of 4.89 is 36.5% 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 Turk Hava Yollari AO and its competitors. For the Transportation industry, the median Receivables Turnover is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Hava Yollari AO's current Receivables Turnover is 4.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Hava Yollari AO stock overvalued right now?
Based on GuruFocus' analysis, Turk Hava Yollari AO (IST:THYAO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺472.45, compared to a current price of ₺344.50 — trading 27.1% below its estimated fair value. The current Receivables Turnover is 4.89 and 36.5% below the Transportation industry median of 7.70. Turk Hava Yollari AO's overall GF Score™ is 86/100 with 8 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 Turk Hava Yollari AO (IST:THYAO), the current Receivables Turnover is 4.89 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 Turk Hava Yollari AO (IST:THYAO) Overvalued in 2026?
Based on GuruFocus' analysis, Turk Hava Yollari AO stock appears to be undervalued.
The current stock price of ₺344.50 is trading 27.1% below its estimated GF Value™ of ₺472.45.
GuruFocus considers Turk Hava Yollari AO to be Modestly Undervalued.
Key valuation signals for IST:THYAO:
Receivables Turnover: 4.89
GF Value™: ₺472.45 vs. price of ₺344.50 (27.1% below fair value)
Industry Position: 36.5% below the Transportation median (#142 of 996)
No single metric tells the full story. See the IST:THYAO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turk Hava Yollari AO is a Turkish airline operator. It has flight networks across the globe, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.
86GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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