Ayen Enerji AS (IST:AYEN) Days Payable : 12.96 (As of Dec. 2023)

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What is Ayen Enerji AS Days Payable?

Ayen Enerji AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺181 Mil. Ayen Enerji AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺1,275 Mil. Hence, Ayen Enerji AS's Days Payable for the three months ended in Dec. 2023 was 12.96.

The historical rank and industry rank for Ayen Enerji AS's Days Payable or its related term are showing as below:

IST:AYEN' s Days Payable Range Over the Past 10 Years
Min: 8.93 Med: 40.85 Max: 234.49
Current: 18.16

During the past 13 years, Ayen Enerji AS's highest Days Payable was 234.49. The lowest was 8.93. And the median was 40.85.

IST:AYEN's Days Payable is ranked worse than
89.43% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.865 vs IST:AYEN: 18.16

Ayen Enerji AS's Days Payable increased from Dec. 2022 (4.15) to Dec. 2023 (12.96). It may suggest that Ayen Enerji AS delayed paying its suppliers.

Ayen Enerji AS Days Payable Historical Data

The historical data trend for Ayen Enerji AS's Days Payable 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.

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Ayen Enerji AS Days Payable Chart

Ayen Enerji AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.16

19.46

23.66

8.93

17.34

Ayen Enerji AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															4.15	16.63	27.35	20.96	12.96

Competitive Comparison of Ayen Enerji AS's Days Payable

For the Utilities - Independent Power Producers subindustry, Ayen Enerji AS's Days Payable, along with its competitors' market caps and Days Payable 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.

Ayen Enerji AS's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ayen Enerji AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Ayen Enerji AS's Days Payable falls into.

Ayen Enerji AS Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ayen Enerji AS's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (257.982	+	145.139)	/	2 )	/	4243.379	*	365
=	201.5605					/	4243.379	*	365
=	17.34

Ayen Enerji AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (217.124	+	145.139)	/	2 )	/	1275.433	*	365 / 4
=	181.1315					/	1275.433	*	365 / 4
=	12.96

Ayen Enerji AS Days Payable Related Terms

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Ayen Enerji AS (IST:AYEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ayen Enerji AS (IST:AYEN) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Hulya Sokak No: 37, Gaziosmanpasa, Ankara, TUR, 06700

Website

https://www.ayen.com.tr

Ayen Enerji AS is a Turkey-based company engaged in the generation, transmission, distribution, and trading of electricity. The company's geographical segment includes Turkey and Abroad. It generates maximum revenue from Abroad. The company generates the majority of its energy from Hydro plants. The companies located in abroad operate in Albania, Serbia, and Slovenia.

Ayen Enerji AS (IST:AYEN) Headlines

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