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Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Days Payable : 60.14 (As of Sep. 2023)


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What is Turkcell Iletisim Hizmetleri AS Days Payable?

Turkcell Iletisim Hizmetleri AS's average Accounts Payable for the three months ended in Sep. 2023 was $382 Mil. Turkcell Iletisim Hizmetleri AS's Cost of Goods Sold for the three months ended in Sep. 2023 was $579 Mil. Hence, Turkcell Iletisim Hizmetleri AS's Days Payable for the three months ended in Sep. 2023 was 60.14.

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

TKC' s Days Payable Range Over the Past 10 Years
Min: 21.29   Med: 63.48   Max: 75.66
Current: 43.3

During the past 13 years, Turkcell Iletisim Hizmetleri AS's highest Days Payable was 75.66. The lowest was 21.29. And the median was 63.48.

TKC's Days Payable is ranked worse than
77.87% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs TKC: 43.30

Turkcell Iletisim Hizmetleri AS's Days Payable increased from Sep. 2022 (47.55) to Sep. 2023 (60.14). It may suggest that Turkcell Iletisim Hizmetleri AS delayed paying its suppliers.


Turkcell Iletisim Hizmetleri AS Days Payable Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri 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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Turkcell Iletisim Hizmetleri AS Days Payable Chart

Turkcell Iletisim Hizmetleri AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.71 57.04 24.27 44.91 59.67

Turkcell Iletisim Hizmetleri AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.55 21.14 60.51 67.99 60.14

Competitive Comparison of Turkcell Iletisim Hizmetleri AS's Days Payable

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri 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.


Turkcell Iletisim Hizmetleri AS's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Days Payable falls into.



Turkcell Iletisim Hizmetleri 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.

Turkcell Iletisim Hizmetleri AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (559.244 + 369.743) / 2 ) / 2841.424*365
=464.4935 / 2841.424*365
=59.67

Turkcell Iletisim Hizmetleri AS's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (399.932 + 363.278) / 2 ) / 579.008*365 / 4
=381.605 / 579.008*365 / 4
=60.14

* 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.


Turkcell Iletisim Hizmetleri AS Days Payable Related Terms

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Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Traded in Other Exchanges
Address
Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.

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