Muhasebe ve Finansman Dergisi, cilt.0, sa.Özel Sayı-Ağustos 2019, ss.235-246, 2019 (Hakemli Dergi)
The aim of the study is to analyze the cash flow profiles of tourism companies that aretraded at the XTRZM index of Borsa Istanbul (BIST) by benefiting from the cash flow patternsmethod. The analysis covers quarterly periods from 2012 to 2016 consisting of 600 firm-yearobservations. Findings indicate that the tourism companies at Borsa Istanbul are in theirmaturity and growth phases. Their cash flow profiles are identified as Pattern 2: Successfulbusiness, Pattern 4: Growing business and Pattern 6: Fast growing start-up business.