HEPS (D-MARKET Electronic Services & Trading) Days Payable: 152.99 (As of Mar. 2026) — 15% Above Median


HEPS D-MARKET Electronic Services & Trading HEPS
70 GF Score
Price $2.90
GF Value $2.11
Valuation Significantly Overvalued
! 7 Warning Signs
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What is D-MARKET Electronic Services & Trading Days Payable?

D-MARKET Electronic Services & Trading HEPS -0.34% 70 Days Payable is 152.99 as of Mar. 2026, which is 15% above its 10-year median of 132.77. GuruFocus rates HEPS with a GF Score™ of 70/100 and a GF Value™ of $2.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,098 Retail - Cyclical companies, D-MARKET Electronic Services & Trading ranks better than 85.52% on this metric.

D-MARKET Electronic Services & Trading's average Accounts Payable for the three months ended in Mar. 2026 was $556 Mil. D-MARKET Electronic Services & Trading's Cost of Goods Sold for the three months ended in Mar. 2026 was $332 Mil. Hence, D-MARKET Electronic Services & Trading's Days Payable for the three months ended in Mar. 2026 was 152.99.

The historical rank and industry rank for D-MARKET Electronic Services & Trading's Days Payable or its related term are showing as below:

HEPS' s Days Payable Range Over the Past 10 Years
Min: 53.69   Med: 132.77   Max: 177.86
Current: 138.51

During the past 8 years, D-MARKET Electronic Services & Trading's highest Days Payable was 177.86. The lowest was 53.69. And the median was 132.77.

HEPS's Days Payable is ranked better than
85.52% of 1098 companies
in the Retail - Cyclical industry
Industry Median: 51.625 vs HEPS: 138.51

D-MARKET Electronic Services & Trading's Days Payable increased from Mar. 2025 (139.42) to Mar. 2026 (152.99). It may suggest that D-MARKET Electronic Services & Trading delayed paying its suppliers.


D-MARKET Electronic Services & Trading Days Payable Related Terms


D-MARKET Electronic Services & Trading Days Payable Historical Data

* Premium members only.

The historical data trend for D-MARKET Electronic Services & Trading'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.

D-MARKET Electronic Services & Trading Days Payable Chart

D-MARKET Electronic Services & Trading Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 96.07 115.17 118.31 148.35 168.31

D-MARKET Electronic Services & Trading Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 139.42 153.34 155.43 113.83 152.99

HEPS vs AMZN, BABA, PDD: Days Payable Comparison

For the Internet Retail subindustry, D-MARKET Electronic Services & Trading'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.


D-MARKET Electronic Services & Trading Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, D-MARKET Electronic Services & Trading's Days Payable distribution charts can be found below:

* The bar in red indicates where D-MARKET Electronic Services & Trading's Days Payable falls into.


HEPS
70GF Score
D-MARKET Electronic Services & Trading HEPS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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D-MARKET Electronic Services & Trading 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.

D-MARKET Electronic Services & Trading's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (560.511 + 606.847) / 2 ) / 1265.808*365
=583.679 / 1265.808*365
=168.31

D-MARKET Electronic Services & Trading's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (606.847 + 505.168) / 2 ) / 331.617*365 / 4
=556.0075 / 331.617*365 / 4
=152.99

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 152.99 mean?
D-MARKET Electronic Services & Trading (HEPS) has a Days Payable of 152.99 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 D-MARKET Electronic Services & Trading and its competitors. This is 15% above median its historical median of 132.77. Over the past decade, D-MARKET Electronic Services & Trading's Days Payable has ranged from 53.69 to 177.86. According to the industry distribution chart, D-MARKET Electronic Services & Trading ranks #159 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 14.5%.
Is D-MARKET Electronic Services & Trading's Days Payable too high?
D-MARKET Electronic Services & Trading's current Days Payable of 152.99 is 15% above median its 10-year median of 132.77. Over the past 10 years, this metric has ranged from a low of 53.69 to a high of 177.86. The Retail - Cyclical industry median Days Payable is 51.63. D-MARKET Electronic Services & Trading's value of 152.99 is 196.3% above this industry median. Based on the distribution chart, D-MARKET Electronic Services & Trading ranks #159 out of 1098 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, D-MARKET Electronic Services & Trading has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-MARKET Electronic Services & Trading's Days Payable compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, D-MARKET Electronic Services & Trading ranks #159 out of 1098 companies for Days Payable. This places D-MARKET Electronic Services & Trading in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.63. D-MARKET Electronic Services & Trading's value of 152.99 is 196.3% above this benchmark. Historically, D-MARKET Electronic Services & Trading's own Days Payable has ranged from 53.69 to 177.86 over the past decade. While the company's 10-year median is 132.77 vs. the industry median of 51.63, D-MARKET Electronic Services & Trading has consistently been above 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.63, based on 1,098 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. D-MARKET Electronic Services & Trading's current Days Payable of 152.99 is 196.3% above 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 D-MARKET Electronic Services & Trading and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D-MARKET Electronic Services & Trading's current Days Payable is 152.99, which is 15% above median its own 10-year median of 132.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-MARKET Electronic Services & Trading stock overvalued right now?
Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading (HEPS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.11, compared to a current price of $2.90 — trading 37.4% above its estimated fair value. The current Days Payable is 152.99, which is 15% above median its 10-year median of 132.77 and 196.3% above the Retail - Cyclical industry median of 51.63. D-MARKET Electronic Services & Trading's overall GF Score™ is 70/100 with 7 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 D-MARKET Electronic Services & Trading (HEPS), the current Days Payable is 152.99 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 D-MARKET Electronic Services & Trading (HEPS) Overvalued in 2026?

Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading stock appears to be overvalued. The current stock price of $2.90 is trading 37.4% above its estimated GF Value™ of $2.11. GuruFocus considers D-MARKET Electronic Services & Trading to be Significantly Overvalued.

Key valuation signals for HEPS:

  • Days Payable: 152.99 (15% above median its 10-year median of 132.77)
  • GF Value™: $2.11 vs. price of $2.90 (37.4% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 196.3% above the Retail - Cyclical median (#159 of 1098)

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


D-MARKET Electronic Services & Trading Business Description

Other Exchanges HEPSD:Kazakhstan8WZ:Germany
Address Kustepe Mahallesi Mecidiyekoy Yolu, Trump Tower, Cadde no: 12 Tower: 2 Floor:2, K2 Sisli, Istanbul, TUR, 34387
D-MARKET Electronic Services & Trading offers an e-commerce platform in Turkey and the surrounding region. The company is comprised of one reportable segment, namely e-commerce operations. It's portfolio offers its retail customers a wide selection of merchandise including electronics and non-electronics (including books, sports, toys, kids and baby products, cosmetics, furniture, etc). The Group derives revenue from the sales of goods, marketplace revenues and other revenues.
70GF Score

Get the complete analysis for HEPS

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

$2.90
Price
$2.11
GF Value