Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Days Payable: 78.21 (As of Dec. 2024) — 148% Above Median


IST:ALKA Alkim Kagit Sanayi ve Ticaret AS IST:ALKA
61 GF Score
Price ₺9.41
GF Value ₺7.56
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Alkim Kagitnayi ve Ticaret AS Days Payable?

Alkim Kagitnayi ve Ticaret AS IST:ALKA -0.95% 61 Days Payable is 78.21 as of Dec. 2024, which is 148% above its 10-year median of 31.56. GuruFocus rates IST:ALKA with a GF Score™ of 61/100 and a GF Value™ of ₺7.56 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 276 Forest Products companies, Alkim Kagitnayi ve Ticaret AS ranks better than 66.67% on this metric.

Alkim Kagitnayi ve Ticaret AS's average Accounts Payable for the six months ended in Dec. 2024 was ₺506 Mil. Alkim Kagitnayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2024 was ₺2,363 Mil. Hence, Alkim Kagitnayi ve Ticaret AS's Days Payable for the six months ended in Dec. 2024 was 39.10.

The historical rank and industry rank for Alkim Kagitnayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:ALKA' s Days Payable Range Over the Past 10 Years
Min: 22.54   Med: 31.56   Max: 78.21
Current: 78.21

During the past 13 years, Alkim Kagitnayi ve Ticaret AS's highest Days Payable was 78.21. The lowest was 22.54. And the median was 31.56.

IST:ALKA's Days Payable is ranked better than
66.67% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs IST:ALKA: 78.21

Alkim Kagitnayi ve Ticaret AS's Days Payable increased from Dec. 2022 (31.78) to Dec. 2024 (78.21). It may suggest that Alkim Kagitnayi ve Ticaret AS delayed paying its suppliers.


Alkim Kagitnayi ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Alkim Kagitnayi 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.

Alkim Kagitnayi ve Ticaret AS Days Payable Chart

Alkim Kagitnayi ve Ticaret AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.82 58.86 31.78 53.80 78.21

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 41.82 58.86 31.78 53.80 78.21

Alkim Kagitnayi ve Ticaret AS Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Alkim Kagitnayi 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.


Alkim Kagitnayi ve Ticaret AS Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Kagitnayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Alkim Kagitnayi ve Ticaret AS's Days Payable falls into.


IST:ALKA
61GF Score
Alkim Kagit Sanayi ve Ticaret AS IST:ALKA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkim Kagitnayi 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.

Alkim Kagitnayi ve Ticaret AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (477.086 + 535.428) / 2 ) / 2362.685*365
=506.257 / 2362.685*365
=78.21

Alkim Kagitnayi ve Ticaret AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (477.086 + 535.428) / 2 ) / 2362.685*365 / 2
=506.257 / 2362.685*365 / 2
=39.10

* 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 78.21 mean?
Alkim Kagitnayi ve Ticaret AS (IST:ALKA) has a Days Payable of 78.21 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alkim Kagitnayi ve Ticaret AS and its competitors. This is 148% above median its historical median of 31.56. Over the past decade, Alkim Kagitnayi ve Ticaret AS's Days Payable has ranged from 22.54 to 78.21. According to the industry distribution chart, Alkim Kagitnayi ve Ticaret AS ranks #92 out of 276 companies in the Forest Products industry, placing it in the top 33.3%.
Is Alkim Kagitnayi ve Ticaret AS's Days Payable too high?
Alkim Kagitnayi ve Ticaret AS's current Days Payable of 78.21 is 148% above median its 10-year median of 31.56. Over the past 10 years, this metric has ranged from a low of 22.54 to a high of 78.21. The Forest Products industry median Days Payable is 57.93. Alkim Kagitnayi ve Ticaret AS's value of 78.21 is 35% above this industry median. Based on the distribution chart, Alkim Kagitnayi ve Ticaret AS ranks #92 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, Alkim Kagitnayi ve Ticaret AS has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alkim Kagitnayi ve Ticaret AS's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Alkim Kagitnayi ve Ticaret AS ranks #92 out of 276 companies for Days Payable. This puts Alkim Kagitnayi ve Ticaret AS in the upper half of its industry. The industry median Days Payable is 57.93. Alkim Kagitnayi ve Ticaret AS's value of 78.21 is 35% above this benchmark. Historically, Alkim Kagitnayi ve Ticaret AS's own Days Payable has ranged from 22.54 to 78.21 over the past decade. While the company's 10-year median is 31.56 vs. the industry median of 57.93, Alkim Kagitnayi 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Alkim Kagitnayi ve Ticaret AS's current Days Payable of 78.21 is 35% 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 Alkim Kagitnayi ve Ticaret AS and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alkim Kagitnayi ve Ticaret AS's current Days Payable is 78.21, which is 148% above median its own 10-year median of 31.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkim Kagitnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alkim Kagitnayi ve Ticaret AS (IST:ALKA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺7.56, compared to a current price of ₺9.41 — trading 24.5% above its estimated fair value. The current Days Payable is 78.21, which is 148% above median its 10-year median of 31.56 and 35% above the Forest Products industry median of 57.93. Alkim Kagitnayi ve Ticaret AS's overall GF Score™ is 61/100 with 6 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 Alkim Kagitnayi ve Ticaret AS (IST:ALKA), the current Days Payable is 78.21 as of Dec. 2024. 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 Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Overvalued in 2026?

Based on GuruFocus' analysis, Alkim Kagitnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺9.41 is trading 24.5% above its estimated GF Value™ of ₺7.56. GuruFocus considers Alkim Kagitnayi ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:ALKA:

  • Days Payable: 78.21 (148% above median its 10-year median of 31.56)
  • GF Value™: ₺7.56 vs. price of ₺9.41 (24.5% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 35% above the Forest Products median (#92 of 276)

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


Alkim Kagitnayi ve Ticaret AS Business Description

Address Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730
Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.
61GF Score

Get the complete analysis for IST:ALKA

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

₺9.41
Price
₺7.56
GF Value