Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Days Payable : 31.91 (As of Sep. 2022)

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What is Dogu Aras Enerji Yatirimlari A.S. Days Payable?

Dogu Aras Enerji Yatirimlari A.S.'s average Accounts Payable for the three months ended in Sep. 2022 was ₺1,185 Mil. Dogu Aras Enerji Yatirimlari A.S.'s Cost of Goods Sold for the three months ended in Sep. 2022 was ₺3,388 Mil. Hence, Dogu Aras Enerji Yatirimlari A.S.'s Days Payable for the three months ended in Sep. 2022 was 31.91.

The historical rank and industry rank for Dogu Aras Enerji Yatirimlari A.S.'s Days Payable or its related term are showing as below:

IST:ARASE's Days Payable is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 76.865
* Ranked among companies with meaningful Days Payable only.

Dogu Aras Enerji Yatirimlari A.S.'s Days Payable declined from Jun. 2021 (40.36) to Sep. 2022 (31.91). It may suggest that Dogu Aras Enerji Yatirimlari A.S. accelerated paying its suppliers.

Dogu Aras Enerji Yatirimlari A.S. Days Payable Historical Data

The historical data trend for Dogu Aras Enerji Yatirimlari A.S.'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.

* Premium members only.

Dogu Aras Enerji Yatirimlari A.S. Days Payable Chart

Dogu Aras Enerji Yatirimlari A.S. Annual Data

Trend

Dec18

Dec19

Dec20

Days Payable

78.78

76.83

70.41

Dogu Aras Enerji Yatirimlari A.S. Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial					40.36	38.16	40.07	33.38	31.91

Competitive Comparison of Dogu Aras Enerji Yatirimlari A.S.'s Days Payable

For the Utilities - Independent Power Producers subindustry, Dogu Aras Enerji Yatirimlari A.S.'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.

Dogu Aras Enerji Yatirimlari A.S.'s Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dogu Aras Enerji Yatirimlari A.S.'s Days Payable distribution charts can be found below:

* The bar in red indicates where Dogu Aras Enerji Yatirimlari A.S.'s Days Payable falls into.

Dogu Aras Enerji Yatirimlari A.S. 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.

Dogu Aras Enerji Yatirimlari A.S.'s Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (375.225	+	480.035)	/	2 )	/	2216.955	*	365
=	427.63					/	2216.955	*	365
=	70.41

Dogu Aras Enerji Yatirimlari A.S.'s Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (1086.082	+	1283.299)	/	2 )	/	3388.171	*	365 / 4
=	1184.6905					/	3388.171	*	365 / 4
=	31.91

Dogu Aras Enerji Yatirimlari A.S. Days Payable Related Terms

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Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukrupasa Mahallesi Susam Sok. Gamaoglu Yavuz Selim, Sitesi C-Block Six No: 1/A , Yakutiye, Erzurum, TUR

Website

https://www.doguaras.com

Dogu Aras Enerji Yatirimlari A.S. operates in the energy distribution and energy retail sectors.

Dogu Aras Enerji Yatirimlari A.S. (IST:ARASE) Headlines

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