Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Days Payable: 106.29 (As of Mar. 2026) — 98% Above Median


IST:ALFAS Alfa Solar Enerji Sanayi Ve Ticaret AS IST:ALFAS
81 GF Score
Price ₺49.28
GF Value ₺32.78
Valuation Significantly Overvalued
! 14 Warning Signs
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What is Alfa Solar Enerjinayi Ve Ticaret AS Days Payable?

Alfa Solar Enerjinayi Ve Ticaret AS IST:ALFAS -3.18% 81 Days Payable is 106.29 as of Mar. 2026, which is 98% above its 10-year median of 53.62. GuruFocus rates IST:ALFAS with a GF Score™ of 81/100 and a GF Value™ of ₺32.78 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 999 Semiconductors companies, Alfa Solar Enerjinayi Ve Ticaret AS ranks better than 54.45% on this metric.

Alfa Solar Enerjinayi Ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺1,283 Mil. Alfa Solar Enerjinayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺1,101 Mil. Hence, Alfa Solar Enerjinayi Ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 106.29.

The historical rank and industry rank for Alfa Solar Enerjinayi Ve Ticaret AS's Days Payable or its related term are showing as below:

IST:ALFAS' s Days Payable Range Over the Past 10 Years
Min: 41.71   Med: 53.62   Max: 146.81
Current: 56.4

During the past 7 years, Alfa Solar Enerjinayi Ve Ticaret AS's highest Days Payable was 146.81. The lowest was 41.71. And the median was 53.62.

IST:ALFAS's Days Payable is ranked better than
54.45% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs IST:ALFAS: 56.40

Alfa Solar Enerjinayi Ve Ticaret AS's Days Payable increased from Mar. 2025 (36.40) to Mar. 2026 (106.29). It may suggest that Alfa Solar Enerjinayi Ve Ticaret AS delayed paying its suppliers.


Alfa Solar Enerjinayi Ve Ticaret AS Days Payable Related Terms


Alfa Solar Enerjinayi Ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Alfa Solar Enerjinayi Ve Ticaret 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.

Alfa Solar Enerjinayi Ve Ticaret AS Days Payable Chart

Alfa Solar Enerjinayi Ve Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 146.81 53.62 41.71 42.14 48.23

Alfa Solar Enerjinayi Ve Ticaret AS Quarterly Data
Dec19 Dec20 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 36.40 40.27 41.39 52.28 106.29

IST:ALFAS vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Alfa Solar Enerjinayi Ve Ticaret 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.


Alfa Solar Enerjinayi Ve Ticaret AS Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alfa Solar Enerjinayi Ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Alfa Solar Enerjinayi Ve Ticaret AS's Days Payable falls into.


IST:ALFAS
81GF Score
Alfa Solar Enerji Sanayi Ve Ticaret AS IST:ALFAS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Alfa Solar Enerjinayi Ve Ticaret 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.

Alfa Solar Enerjinayi Ve Ticaret AS'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
=( (791.953 + 1150.878) / 2 ) / 7351.424*365
=971.4155 / 7351.424*365
=48.23

Alfa Solar Enerjinayi Ve Ticaret AS'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
=( (1150.878 + 1415.187) / 2 ) / 1101.479*365 / 4
=1283.0325 / 1101.479*365 / 4
=106.29

* 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 106.29 mean?
Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) has a Days Payable of 106.29 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 Alfa Solar Enerjinayi Ve Ticaret AS and its competitors. This is 98% above median its historical median of 53.62. Over the past decade, Alfa Solar Enerjinayi Ve Ticaret AS's Days Payable has ranged from 41.71 to 146.81. According to the industry distribution chart, Alfa Solar Enerjinayi Ve Ticaret AS ranks #455 out of 999 companies in the Semiconductors industry, placing it in the top 45.5%.
Is Alfa Solar Enerjinayi Ve Ticaret AS's Days Payable too high?
Alfa Solar Enerjinayi Ve Ticaret AS's current Days Payable of 106.29 is 98% above median its 10-year median of 53.62. Over the past 10 years, this metric has ranged from a low of 41.71 to a high of 146.81. The Semiconductors industry median Days Payable is 53.06. Alfa Solar Enerjinayi Ve Ticaret AS's value of 106.29 is 100.3% above this industry median. Based on the distribution chart, Alfa Solar Enerjinayi Ve Ticaret AS ranks #455 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Alfa Solar Enerjinayi Ve Ticaret AS has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alfa Solar Enerjinayi Ve Ticaret AS's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alfa Solar Enerjinayi Ve Ticaret AS ranks #455 out of 999 companies for Days Payable. This puts Alfa Solar Enerjinayi Ve Ticaret AS in the upper half of its industry. The industry median Days Payable is 53.06. Alfa Solar Enerjinayi Ve Ticaret AS's value of 106.29 is 100.3% above this benchmark. Historically, Alfa Solar Enerjinayi Ve Ticaret AS's own Days Payable has ranged from 41.71 to 146.81 over the past decade. While the company's 10-year median is 53.62 vs. the industry median of 53.06, Alfa Solar Enerjinayi Ve Ticaret AS 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Alfa Solar Enerjinayi Ve Ticaret AS's current Days Payable of 106.29 is 100.3% 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 Alfa Solar Enerjinayi Ve Ticaret AS and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfa Solar Enerjinayi Ve Ticaret AS's current Days Payable is 106.29, which is 98% above median its own 10-year median of 53.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Solar Enerjinayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺32.78, compared to a current price of ₺49.28 — trading 50.3% above its estimated fair value. The current Days Payable is 106.29, which is 98% above median its 10-year median of 53.62 and 100.3% above the Semiconductors industry median of 53.06. Alfa Solar Enerjinayi Ve Ticaret AS's overall GF Score™ is 81/100 with 14 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 Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS), the current Days Payable is 106.29 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 Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Overvalued in 2026?

Based on GuruFocus' analysis, Alfa Solar Enerjinayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺49.28 is trading 50.3% above its estimated GF Value™ of ₺32.78. GuruFocus considers Alfa Solar Enerjinayi Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:ALFAS:

  • Days Payable: 106.29 (98% above median its 10-year median of 53.62)
  • GF Value™: ₺32.78 vs. price of ₺49.28 (50.3% above fair value)
  • GF Score™: 81/100 with 14 warning signs
  • Industry Position: 100.3% above the Semiconductors median (#455 of 999)

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


Alfa Solar Enerjinayi Ve Ticaret AS Business Description

Address Balgat Mahallesi Mevlana Boulevard, No 139/A, Floor 9, Apartment No - 31, Yelken Plaza, Cankaya, Ankara, TUR
Alfa Solar Enerji Sanayi Ve Ticaret AS engages in the manufacturing of photovoltaic (PV) panels in an ultra-modern facility. Its product portfolio comprises Polycrystalline Panels, Monocrystalline Panels, and half-cut panels.
81GF Score

Get the complete analysis for IST:ALFAS

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

₺49.28
Price
₺32.78
GF Value