Altinayvunma Teknolojileri AS (IST:ALTNY) Days Payable : 155.96 (As of Sep. 2024)

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What is Altinayvunma Teknolojileri AS Days Payable?

Altinayvunma Teknolojileri AS's average Accounts Payable for the three months ended in Sep. 2024 was ₺255.0 Mil. Altinayvunma Teknolojileri AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺149.2 Mil. Hence, Altinayvunma Teknolojileri AS's Days Payable for the three months ended in Sep. 2024 was 155.96.

The historical rank and industry rank for Altinayvunma Teknolojileri AS's Days Payable or its related term are showing as below:

IST:ALTNY' s Days Payable Range Over the Past 10 Years
Min: 71.58 Med: 75.03 Max: 419.13
Current: 419.13

During the past 3 years, Altinayvunma Teknolojileri AS's highest Days Payable was 419.13. The lowest was 71.58. And the median was 75.03.

IST:ALTNY's Days Payable is ranked better than
93.38% of 302 companies
in the Aerospace & Defense industry
Industry Median: 70.18 vs IST:ALTNY: 419.13

Altinayvunma Teknolojileri AS's Days Payable increased from Jun. 2023 (13.04) to Sep. 2024 (155.96). It may suggest that Altinayvunma Teknolojileri AS delayed paying its suppliers.

Altinayvunma Teknolojileri AS Days Payable Historical Data

The historical data trend for Altinayvunma Teknolojileri 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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Altinayvunma Teknolojileri AS Days Payable Chart

Altinayvunma Teknolojileri AS Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

176.92

75.03

71.58

Altinayvunma Teknolojileri AS Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial			13.04	-	-	158.74	155.96

Competitive Comparison of Altinayvunma Teknolojileri AS's Days Payable

For the Aerospace & Defense subindustry, Altinayvunma Teknolojileri 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.

Altinayvunma Teknolojileri AS's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Altinayvunma Teknolojileri AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Altinayvunma Teknolojileri AS's Days Payable falls into.

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Altinayvunma Teknolojileri 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.

Altinayvunma Teknolojileri 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
=	( (71.837	+	210.257)	/	2 )	/	719.208	*	365
=	141.047					/	719.208	*	365
=	71.58

Altinayvunma Teknolojileri AS's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (252.578	+	257.485)	/	2 )	/	149.218	*	365 / 4
=	255.0315					/	149.218	*	365 / 4
=	155.96

Altinayvunma Teknolojileri AS Days Payable Related Terms

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Altinayvunma Teknolojileri AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Altinay Savunma Teknolojileri AS (IST:ALTNY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sanayi Mah. Teknopark Bulvari, No: 1, 7C Pendik, Istanbul, TUR

Website

https://www.altinaysavunma.com

Altinay Savunma Teknolojileri AS is a company which has has been providing products and solutions in the fields of Motion Control Systems, Unmanned Systems, Stealth Systems, Weapon Systems, Ammunition Destruction, and Production Systems to various stakeholders in the government, private sector, and international markets.

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