Özet:

the purpose of this study is to analyze the cash conversion cycles of the appointment of travelers companies in turkey and some of europe and to make a comparison of these two groups of years of 20112014 ın compliance with this purpose nine turism companies that are kuoted period on stock markets of several countries in europe are included in the study as a result of this study has been determined that the participation of the touring companies in turkey has long cash conversion cycle than conversion cycles in the majority of foreign exchanges in the majority of foreign exchanges in the majority of foreign exchanges of foreign exchanges in the majority of foreign exchanges in the majority of foreign exchanges of foreign exchanges in the majority of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges in the majority of foreign exchanges in the majority of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges in the majority of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges of foreign exchanges in the majority of foreign exchanges of foreign exchanges in the

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