Oyak Cmento Fabrikalari Anonim Sirketi (IST:OYAKC) Days Payable : 25.02 (As of Dec. 2023)

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What is Oyak Cmento Fabrikalari Anonim Sirketi Days Payable?

Oyak Cmento Fabrikalari Anonim Sirketi's average Accounts Payable for the three months ended in Dec. 2023 was ₺3,213 Mil. Oyak Cmento Fabrikalari Anonim Sirketi's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺11,718 Mil. Hence, Oyak Cmento Fabrikalari Anonim Sirketi's Days Payable for the three months ended in Dec. 2023 was 25.02.

The historical rank and industry rank for Oyak Cmento Fabrikalari Anonim Sirketi's Days Payable or its related term are showing as below:

IST:OYAKC' s Days Payable Range Over the Past 10 Years
Min: 33.76 Med: 58.48 Max: 433.49
Current: 46.03

During the past 13 years, Oyak Cmento Fabrikalari Anonim Sirketi's highest Days Payable was 433.49. The lowest was 33.76. And the median was 58.48.

IST:OYAKC's Days Payable is ranked worse than
68.73% of 371 companies
in the Building Materials industry
Industry Median: 67.69 vs IST:OYAKC: 46.03

Oyak Cmento Fabrikalari Anonim Sirketi's Days Payable increased from Dec. 2022 (15.82) to Dec. 2023 (25.02). It may suggest that Oyak Cmento Fabrikalari Anonim Sirketi delayed paying its suppliers.

Oyak Cmento Fabrikalari Anonim Sirketi Days Payable Historical Data

The historical data trend for Oyak Cmento Fabrikalari Anonim Sirketi'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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Oyak Cmento Fabrikalari Anonim Sirketi Days Payable Chart

Oyak Cmento Fabrikalari Anonim Sirketi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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65.52

73.21

182.51

57.56

59.39

Oyak Cmento Fabrikalari Anonim Sirketi Quarterly Data
	Dec18	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															15.82	91.75	56.76	51.89	25.02

Competitive Comparison of Oyak Cmento Fabrikalari Anonim Sirketi's Days Payable

For the Building Materials subindustry, Oyak Cmento Fabrikalari Anonim Sirketi'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.

Oyak Cmento Fabrikalari Anonim Sirketi's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Oyak Cmento Fabrikalari Anonim Sirketi's Days Payable distribution charts can be found below:

* The bar in red indicates where Oyak Cmento Fabrikalari Anonim Sirketi's Days Payable falls into.

Oyak Cmento Fabrikalari Anonim Sirketi 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.

Oyak Cmento Fabrikalari Anonim Sirketi'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
=	( (3331.613	+	3641.331)	/	2 )	/	21425.642	*	365
=	3486.472					/	21425.642	*	365
=	59.39

Oyak Cmento Fabrikalari Anonim Sirketi'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
=	( (2785.547	+	3641.331)	/	2 )	/	11717.976	*	365 / 4
=	3213.439					/	11717.976	*	365 / 4
=	25.02

Oyak Cmento Fabrikalari Anonim Sirketi Days Payable Related Terms

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Oyak Cmento Fabrikalari Anonim Sirketi (IST:OYAKC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Oyak Cmento Fabrikalari Anonim Sirketi (IST:OYAKC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cukurambar Mahallesi 1480, Sokak No: 2A/56, Cankaya-Ankara, Ordu, TUR

Website

https://www.oyakcimento.com

Oyak Cmento Fabrikalari Anonim Sirketi is engaged in the manufacture and sale of cement and clinker. The company's product portfolio encompasses various types of cement and clinker, such as Portland cement, pozzolanic cement, Portland composite cement, sulfate resistant cement and petroleum cement.

Oyak Cmento Fabrikalari Anonim Sirketi (IST:OYAKC) Headlines

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