Tukas Turgutlu Konservecilik AS (IST:TUKAS) Days Payable : 47.82 (As of Dec. 2023)

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What is Tukas Turgutlu Konservecilik AS Days Payable?

Tukas Turgutlu Konservecilik AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺1,051 Mil. Tukas Turgutlu Konservecilik AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺2,005 Mil. Hence, Tukas Turgutlu Konservecilik AS's Days Payable for the three months ended in Dec. 2023 was 47.82.

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

IST:TUKAS' s Days Payable Range Over the Past 10 Years
Min: 24.71 Med: 59.07 Max: 87.88
Current: 54.31

During the past 13 years, Tukas Turgutlu Konservecilik AS's highest Days Payable was 87.88. The lowest was 24.71. And the median was 59.07.

IST:TUKAS's Days Payable is ranked better than
59.06% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs IST:TUKAS: 54.31

Tukas Turgutlu Konservecilik AS's Days Payable increased from Dec. 2022 (21.48) to Dec. 2023 (47.82). It may suggest that Tukas Turgutlu Konservecilik AS delayed paying its suppliers.

Tukas Turgutlu Konservecilik AS Days Payable Historical Data

The historical data trend for Tukas Turgutlu Konservecilik 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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Tukas Turgutlu Konservecilik AS Days Payable Chart

Tukas Turgutlu Konservecilik AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.23

83.77

87.88

34.78

58.01

Tukas Turgutlu Konservecilik 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															21.48	63.15	43.56	62.44	47.82

Competitive Comparison of Tukas Turgutlu Konservecilik AS's Days Payable

For the Packaged Foods subindustry, Tukas Turgutlu Konservecilik 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.

Tukas Turgutlu Konservecilik AS's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tukas Turgutlu Konservecilik AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Tukas Turgutlu Konservecilik AS's Days Payable falls into.

Tukas Turgutlu Konservecilik 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.

Tukas Turgutlu Konservecilik 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
=	( (664.63	+	787.762)	/	2 )	/	4569.245	*	365
=	726.196					/	4569.245	*	365
=	58.01

Tukas Turgutlu Konservecilik 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
=	( (1313.692	+	787.762)	/	2 )	/	2004.883	*	365 / 4
=	1050.727					/	2004.883	*	365 / 4
=	47.82

Tukas Turgutlu Konservecilik AS Days Payable Related Terms

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Tukas Turgutlu Konservecilik AS (IST:TUKAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tukas Turgutlu Konservecilik AS (IST:TUKAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Çayba?? Mah. ?zmir Cad. No:51, Torbal?, Izmir, TUR, 35880

Website

http://www.tukas.com.tr

Tukas Turgutlu Konservecilik AS is a Turkey-based company operates the food business. It is primarily involved in the production and distribution of vegetable and fruit products in Turkey. Its products include tomato and pepper paste; canned products, pickled vegetables, honey; sauces, frozen vegetables, and fruits. Geographically, the activities are operated through the region of Turkey; however, its products are made available in both domestic and other international markets.

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