Turk Altin Isletmeleri ASFRA:2KAA +0.48%73 Days Payable is 33.17 as of Mar. 2026, which is 70% above its 10-year median of 19.54. GuruFocus rates FRA:2KAA with a GF Score™ of 73/100 and a GF Value™ of €9.35 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Turk Altin Isletmeleri AS ranks worse than 83.46% on this metric.
* 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.
For the Gold subindustry, Turk Altin Isletmeleri 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.
Turk Altin Isletmeleri AS Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Turk Altin Isletmeleri AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Turk Altin Isletmeleri AS's Days Payable falls into.
Turk Altin Isletmeleri 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.
Turk Altin Isletmeleri AS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Turk Altin Isletmeleri AS (FRA:2KAA) has a Days Payable of 33.17 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Turk Altin Isletmeleri AS and its competitors. This is 70% above median its historical median of 19.54. Over the past decade, Turk Altin Isletmeleri AS's Days Payable has ranged from 11.78 to 36.57. According to the industry distribution chart, Turk Altin Isletmeleri AS ranks #888 out of 1064 companies in the Metals & Mining industry, placing it in the top 83.5%.
Is Turk Altin Isletmeleri AS's Days Payable too high?
Turk Altin Isletmeleri AS's current Days Payable of 33.17 is 70% above median its 10-year median of 19.54. Over the past 10 years, this metric has ranged from a low of 11.78 to a high of 36.57. The Metals & Mining industry median Days Payable is 127.62. Turk Altin Isletmeleri AS's value of 33.17 is 74% below this industry median. Based on the distribution chart, Turk Altin Isletmeleri AS ranks #888 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Turk Altin Isletmeleri AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turk Altin Isletmeleri AS's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Turk Altin Isletmeleri AS ranks #888 out of 1064 companies for Days Payable. This places Turk Altin Isletmeleri AS in the lower half of its industry. The industry median Days Payable is 127.62. Turk Altin Isletmeleri AS's value of 33.17 is 74% below this benchmark. Historically, Turk Altin Isletmeleri AS's own Days Payable has ranged from 11.78 to 36.57 over the past decade. While the company's 10-year median is 19.54 vs. the industry median of 127.62, Turk Altin Isletmeleri AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turk Altin Isletmeleri AS's current Days Payable of 33.17 is 74% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Turk Altin Isletmeleri AS and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Altin Isletmeleri AS's current Days Payable is 33.17, which is 70% above median its own 10-year median of 19.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Altin Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS (FRA:2KAA) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.35, compared to a current price of €8.32 — trading 11% below its estimated fair value. The current Days Payable is 33.17, which is 70% above median its 10-year median of 19.54 and 74% below the Metals & Mining industry median of 127.62. Turk Altin Isletmeleri AS's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Turk Altin Isletmeleri AS (FRA:2KAA), the current Days Payable is 33.17 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 Turk Altin Isletmeleri AS (FRA:2KAA) Overvalued in 2026?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS stock appears to be undervalued.
The current stock price of €8.32 is trading 11% below its estimated GF Value™ of €9.35.
GuruFocus considers Turk Altin Isletmeleri AS to be Modestly Undervalued.
Key valuation signals for FRA:2KAA:
Days Payable: 33.17 (70% above median its 10-year median of 19.54)
GF Value™: €9.35 vs. price of €8.32 (11% below fair value)
Industry Position: 74% below the Metals & Mining median (#888 of 1064)
No single metric tells the full story. See the FRA:2KAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turk Altin Isletmeleri AS , formerly Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. Its operating mines include an underground mine at Ovacik, a mine in Cukuralan that utilizes both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.
73GF Score
Get the complete analysis for FRA:2KAA
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:2KAA has been successfully added to your 
