Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Days Payable : 33.78 (As of Dec. 2023)

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What is Ulker Biskuvinayi AS Days Payable?

Ulker Biskuvinayi AS's average Accounts Payable for the three months ended in Dec. 2023 was $233 Mil. Ulker Biskuvinayi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was $629 Mil. Hence, Ulker Biskuvinayi AS's Days Payable for the three months ended in Dec. 2023 was 33.78.

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

UELKY' s Days Payable Range Over the Past 10 Years
Min: 40.97 Med: 73.53 Max: 88.96
Current: 52.03

During the past 13 years, Ulker Biskuvinayi AS's highest Days Payable was 88.96. The lowest was 40.97. And the median was 73.53.

UELKY's Days Payable is ranked better than
57.44% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs UELKY: 52.03

Ulker Biskuvinayi AS's Days Payable increased from Dec. 2022 (18.10) to Dec. 2023 (33.78). It may suggest that Ulker Biskuvinayi AS delayed paying its suppliers.

Ulker Biskuvinayi AS Days Payable Historical Data

The historical data trend for Ulker Biskuvinayi 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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Ulker Biskuvinayi AS Days Payable Chart

Ulker Biskuvinayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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71.25

69.29

92.28

44.81

84.31

Ulker Biskuvinayi 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															18.10	74.56	64.82	58.39	33.78

Competitive Comparison of Ulker Biskuvinayi AS's Days Payable

For the Confectioners subindustry, Ulker Biskuvinayi 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.

Ulker Biskuvinayi AS's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Ulker Biskuvinayi AS's Days Payable falls into.

Ulker Biskuvinayi 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.

Ulker Biskuvinayi 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
=	( (367.504	+	262.57)	/	2 )	/	1363.897	*	365
=	315.037					/	1363.897	*	365
=	84.31

Ulker Biskuvinayi 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
=	( (202.921	+	262.57)	/	2 )	/	628.704	*	365 / 4
=	232.7455					/	628.704	*	365 / 4
=	33.78

Ulker Biskuvinayi AS Days Payable Related Terms

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Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ulker Biskuvi Sanayi AS (OTCPK:UELKY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ULKER:Turkey

Address

Davutpa?a Cad No 10, Topkap?, Istanbul, TUR, 366

Website

http://www.ulkerbiskuvi.com.tr

Ulker Biskuvi Sanayi AS manufactures biscuits, crackers, chocolate, and cake in its half a dozen production facilities in Turkey. Its major brands include Ulker, Alpella, Halk, Kat Tat, and Karsa. The company also has a financial stake in the Godiva brand. Biscuit sales and chocolate sales each account for more than 40% of the company's total revenue. Substantially all of the remaining revenue is from cake sales. Nearly 90% of the company's total revenue comes from sales in Turkey. The company is a subsidiary of Yildiz Holding.

Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Headlines

From GuruFocus

Ulker Biskuvi Sanayi AS Stock Shows Every Sign Of Being Modestly Undervalued

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