Net Holding AS (IST:NTHOL) Accounts Payable: ₺2,832 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:NTHOL Net Holding AS IST:NTHOL
71 GF Score
Price ₺43.30
GF Value ₺56.10
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Net Holding AS Accounts Payable?

Net Holding AS IST:NTHOL -2.00% 71 Accounts Payable is ₺2,832 Mil as of Mar. 2026. GuruFocus rates IST:NTHOL with a GF Score™ of 71/100 and a GF Value™ of ₺56.10 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Net Holding AS's Accounts Payable for the quarter that ended in Mar. 2026 was ₺2,832 Mil.

Net Holding AS's quarterly Accounts Payable declined from Sep. 2025 (₺3,775 Mil) to Dec. 2025 (₺3,732 Mil) and declined from Dec. 2025 (₺3,732 Mil) to Mar. 2026 (₺2,832 Mil).

Net Holding AS's annual Accounts Payable increased from Dec. 2023 (₺1,773 Mil) to Dec. 2024 (₺3,324 Mil) and increased from Dec. 2024 (₺3,324 Mil) to Dec. 2025 (₺3,732 Mil).


Net Holding AS Accounts Payable Related Terms


Net Holding AS Accounts Payable Historical Data

* Premium members only.

The historical data trend for Net Holding AS's Accounts 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.

Net Holding AS Accounts Payable Chart

Net Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 468.99 1,152.26 1,772.93 3,323.70 3,732.03

Net Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts 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 2,913.14 3,500.52 3,775.36 3,732.03 2,832.42
IST:NTHOL
71GF Score
Net Holding AS IST:NTHOL
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Net Holding AS Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of ₺2,832 Mil mean?
Net Holding AS (IST:NTHOL) has a Accounts Payable of ₺2,832 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Net Holding AS and its competitors.
Is Net Holding AS's Accounts Payable too high?
Net Holding AS's current Accounts Payable is ₺2,832 Mil. Overall, Net Holding AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Net Holding AS's Accounts Payable compare to BKNG and ABNB?
Net Holding AS's Accounts Payable of ₺2,832 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Travel & Leisure company?
A good Accounts Payable depends on the Travel & Leisure industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Net Holding AS and its competitors. Net Holding AS's current Accounts Payable is ₺2,832 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Net Holding AS (IST:NTHOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺56.10, compared to a current price of ₺43.30 — trading 22.8% below its estimated fair value. The current Accounts Payable is ₺2,832 Mil. Net Holding AS's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Net Holding AS (IST:NTHOL), the current Accounts Payable is ₺2,832 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Net Holding AS (IST:NTHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Net Holding AS stock appears to be undervalued. The current stock price of ₺43.30 is trading 22.8% below its estimated GF Value™ of ₺56.10. GuruFocus considers Net Holding AS to be Modestly Undervalued.

Key valuation signals for IST:NTHOL:

  • Accounts Payable: ₺2,832 Mil
  • GF Value™: ₺56.10 vs. price of ₺43.30 (22.8% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the IST:NTHOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Net Holding AS Business Description

Address Bade sokak. No. 9, Besiktas Etiler, Istanbul, TUR, 34337
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
71GF Score

Get the complete analysis for IST:NTHOL

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺43.30
Price
₺56.10
GF Value