Özet:

Covid 19 cases, which emerged in Wuhan, China in December 2019, spread rapidly to other countries in the world, and in March 2020, the World Health Organization declared it as an Epidemic (Pandemic). Most sectors were adversely affected by the implementation of the measures taken to prevent the spread of the epidemic and to control the epidemic. The textile sector is also one of the negatively affected sectors. The textile sector is an important sector for developing countries due to both the employment opportunities it provides and its export revenues. Negative economic developments in the markets also negatively affect the financial structures of enterprises. The implementation of the measures taken due to Covid-19 decreased the capacity utilization rates of the enterprises in the textile sector, caused cancellation of orders, and as a result, their financial performance was adversely affected. The aim of the study is to analyse the financial performance of 21 companies in the textile sector whose shares are traded on the BIST for the years 2020 and 2021 when the Covid 19 epidemic is experienced according to the TOPSIS method. With the TOPSIS method, the financial performance of the enterprises in the sector can be ranked by considering more than one criterion. The current ratio, cash ratio, leverage ratio, receivables turnover, inventory turnover, asset turnover, return on equity, operating profit, net profit for the period and return on assets were used to evaluate the financial performance of the enterprises. As a result of the research, it was concluded that the top three companies with the best financial performance according to the TOPSIS method for the year 2020 are Yataş, Sönmez, Desa, for the year 2021 Sönmez, Yataş, Bilici and the top three companies with the worst performance are Diritek, Birlik and Royal for the year 2020 and Royal, Birlik and Diritek for the year 2021

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