Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) Days Payable : 1,522.81 (As of Mar. 2024)

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What is Alarko Gayrimenkul Yatirim Ortakligi AS Days Payable?

Alarko Gayrimenkul Yatirim Ortakligi AS's average Accounts Payable for the three months ended in Mar. 2024 was ₺34.6 Mil. Alarko Gayrimenkul Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺2.1 Mil. Hence, Alarko Gayrimenkul Yatirim Ortakligi AS's Days Payable for the three months ended in Mar. 2024 was 1,522.81.

The historical rank and industry rank for Alarko Gayrimenkul Yatirim Ortakligi AS's Days Payable or its related term are showing as below:

IST:ALGYO' s Days Payable Range Over the Past 10 Years
Min: 54.89 Med: 697.08 Max: 1701.28
Current: 1274.12

During the past 13 years, Alarko Gayrimenkul Yatirim Ortakligi AS's highest Days Payable was 1701.28. The lowest was 54.89. And the median was 697.08.

IST:ALGYO's Days Payable is ranked better than
95.68% of 532 companies
in the REITs industry
Industry Median: 125.11 vs IST:ALGYO: 1274.12

Alarko Gayrimenkul Yatirim Ortakligi AS's Days Payable increased from Mar. 2023 (921.48) to Mar. 2024 (1,522.81). It may suggest that Alarko Gayrimenkul Yatirim Ortakligi AS delayed paying its suppliers.

Alarko Gayrimenkul Yatirim Ortakligi AS Days Payable Historical Data

The historical data trend for Alarko Gayrimenkul Yatirim Ortakligi 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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Alarko Gayrimenkul Yatirim Ortakligi AS Days Payable Chart

Alarko Gayrimenkul Yatirim Ortakligi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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697.08

949.94

1,701.28

766.32

1,496.84

Alarko Gayrimenkul Yatirim Ortakligi AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															921.48	1,942.69	2,221.91	694.56	1,522.81

Competitive Comparison of Alarko Gayrimenkul Yatirim Ortakligi AS's Days Payable

For the REIT - Diversified subindustry, Alarko Gayrimenkul Yatirim Ortakligi 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.

Alarko Gayrimenkul Yatirim Ortakligi AS's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alarko Gayrimenkul Yatirim Ortakligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Alarko Gayrimenkul Yatirim Ortakligi AS's Days Payable falls into.

Alarko Gayrimenkul Yatirim Ortakligi 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.

Alarko Gayrimenkul Yatirim Ortakligi 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
=	( (27.925	+	37.977)	/	2 )	/	8.035	*	365
=	32.951					/	8.035	*	365
=	1,496.84

Alarko Gayrimenkul Yatirim Ortakligi AS's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (37.977	+	31.313)	/	2 )	/	2.076	*	365 / 4
=	34.645					/	2.076	*	365 / 4
=	1,522.81

Alarko Gayrimenkul Yatirim Ortakligi AS Days Payable Related Terms

Thank you for viewing the detailed overview of Alarko Gayrimenkul Yatirim Ortakligi AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Muallim Naci Caddesi No. 69, Ortakoy, Istanbul, TUR, 34347

Website

http://www.alarkoyatirim.com.tr

Alarko Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust. The company invests in real estate projects and capital market instruments. It invests in the projects developed by the Alarko Group. It continues to operate by obtaining rental income by taking over the properties owned by the community companies.

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