Despec Computer Supplies

Despec Bilgisayar Pazarlama ve Ticaret A.S. is a distributor of IT products headquartered in Sariyer, Istanbul. The company says it has been active in the IT sector since 1998; its shares have traded on Borsa Istanbul under the ticker DESPC since December 2010.

Despec focuses on printer consumables and computer accessories: toner and ink cartridges, ribbons, backup products, paper products, and peripherals and accessories are its main product groups. The brands it distributes include HP, Samsung, IBM, Canon, Lexmark, Philips, Targus, Trust, Baseus, SteelSeries and Hikvision. Products reach retail and corporate channels through a network of resellers and business partners. The Group (A) privileged shares, which carry rights in the election of the board of directors, belong to Datagate Bilgisayar Malzemeleri; the two companies operate from the same business centre.

Because margins in distribution are thin, currency moves, inventory rotation, receivables collection and financing costs noticeably affect results. The changing structure of the printer consumables market as a result of digitalisation and the continuity of contracts with vendor brands are also among the issues watched for DESPC. The Lzzo.com page shows the stock's price history and similar IT stocks.