Altinayvunma Teknolojileri AS (IST:ALTNY) Days Payable: 172.30 (As of Mar. 2026) — 83% Above Median

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IST:ALTNY Altinay Savunma Teknolojileri AS IST:ALTNY
18 GF Score
Price ₺15.76
! 5 Warning Signs
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What is Altinayvunma Teknolojileri AS Days Payable?

Altinayvunma Teknolojileri AS IST:ALTNY +1.48% 18 Days Payable is 172.30 as of Mar. 2026, which is 83% above its 10-year median of 94.17. GuruFocus rates IST:ALTNY with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 339 Aerospace & Defense companies, Altinayvunma Teknolojileri AS ranks better than 65.49% on this metric.

Altinayvunma Teknolojileri AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺639 Mil. Altinayvunma Teknolojileri AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺338 Mil. Hence, Altinayvunma Teknolojileri AS's Days Payable for the three months ended in Mar. 2026 was 172.30.

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: 65.98   Med: 94.17   Max: 176.92
Current: 98.62

During the past 5 years, Altinayvunma Teknolojileri AS's highest Days Payable was 176.92. The lowest was 65.98. And the median was 94.17.

IST:ALTNY's Days Payable is ranked better than
65.49% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs IST:ALTNY: 98.62

Altinayvunma Teknolojileri AS's Days Payable increased from Mar. 2025 (96.60) to Mar. 2026 (172.30). It may suggest that Altinayvunma Teknolojileri AS delayed paying its suppliers.


Altinayvunma Teknolojileri AS Days Payable Historical Data

* Premium members only.

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.

Altinayvunma Teknolojileri AS Days Payable Chart

Altinayvunma Teknolojileri AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
176.92 75.03 65.98 135.25 94.17

Altinayvunma Teknolojileri AS Quarterly Data
Dec21 Dec22 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 96.60 103.80 259.00 48.15 172.30

IST:ALTNY vs SPCX, GE, RTX: Days Payable Comparison

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 Days Payable vs 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.


IST:ALTNY
18GF Score
Altinay Savunma Teknolojileri AS IST:ALTNY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 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
=( (533.817 + 573.744) / 2 ) / 2146.446*365
=553.7805 / 2146.446*365
=94.17

Altinayvunma Teknolojileri 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
=( (573.744 + 704.492) / 2 ) / 338.471*365 / 4
=639.118 / 338.471*365 / 4
=172.30

* 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 172.30 mean?
Altinayvunma Teknolojileri AS (IST:ALTNY) has a Days Payable of 172.30 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 Altinayvunma Teknolojileri AS and its competitors. This is 83% above median its historical median of 94.17. Over the past decade, Altinayvunma Teknolojileri AS's Days Payable has ranged from 65.98 to 176.92. According to the industry distribution chart, Altinayvunma Teknolojileri AS ranks #117 out of 339 companies in the Aerospace & Defense industry, placing it in the top 34.5%.
Is Altinayvunma Teknolojileri AS's Days Payable too high?
Altinayvunma Teknolojileri AS's current Days Payable of 172.30 is 83% above median its 10-year median of 94.17. Over the past 10 years, this metric has ranged from a low of 65.98 to a high of 176.92. The Aerospace & Defense industry median Days Payable is 64.65. Altinayvunma Teknolojileri AS's value of 172.30 is 166.5% above this industry median. Based on the distribution chart, Altinayvunma Teknolojileri AS ranks #117 out of 339 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Altinayvunma Teknolojileri AS has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Altinayvunma Teknolojileri AS's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Altinayvunma Teknolojileri AS ranks #117 out of 339 companies for Days Payable. This puts Altinayvunma Teknolojileri AS in the upper half of its industry. The industry median Days Payable is 64.65. Altinayvunma Teknolojileri AS's value of 172.30 is 166.5% above this benchmark. Historically, Altinayvunma Teknolojileri AS's own Days Payable has ranged from 65.98 to 176.92 over the past decade. While the company's 10-year median is 94.17 vs. the industry median of 64.65, Altinayvunma Teknolojileri 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. Altinayvunma Teknolojileri AS's current Days Payable of 172.30 is 166.5% 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 Altinayvunma Teknolojileri AS and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altinayvunma Teknolojileri AS's current Days Payable is 172.30, which is 83% above median its own 10-year median of 94.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altinayvunma Teknolojileri AS stock overvalued right now?
Altinayvunma Teknolojileri AS (IST:ALTNY) has a current Days Payable of 172.30. The current Days Payable is 172.30, which is 83% above median its 10-year median of 94.17 and 166.5% above the Aerospace & Defense industry median of 64.65. Altinayvunma Teknolojileri AS's overall GF Score™ is 18/100 with 5 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 Altinayvunma Teknolojileri AS (IST:ALTNY), the current Days Payable is 172.30 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.

Altinayvunma Teknolojileri AS Business Description

Address Sanayi Mahallesi, Teknopark Bulvari, No - 1/4A ynterior Door No- 201 and 202, Pendik, Istanbul, TUR
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.
18GF Score

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