Arena Bilgisayarnayi Ve Ticaret AS (IST:ARENA) Days Payable: 80.92 (As of Dec. 2025) — 38% Above Median


IST:ARENA Arena Bilgisayar Sanayi Ve Ticaret AS IST:ARENA
52 GF Score
Price ₺28.00
GF Value ₺42.66
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Arena Bilgisayarnayi Ve Ticaret AS Days Payable?

Arena Bilgisayarnayi Ve Ticaret AS IST:ARENA -0.71% 52 Days Payable is 80.92 as of Dec. 2025, which is 38% above its 10-year median of 58.45. GuruFocus rates IST:ARENA with a GF Score™ of 52/100 and a GF Value™ of ₺42.66 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,436 Hardware companies, Arena Bilgisayarnayi Ve Ticaret AS ranks worse than 55.13% on this metric.

Arena Bilgisayarnayi Ve Ticaret AS's average Accounts Payable for the three months ended in Dec. 2025 was ₺6,214 Mil. Arena Bilgisayarnayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Dec. 2025 was ₺7,008 Mil. Hence, Arena Bilgisayarnayi Ve Ticaret AS's Days Payable for the three months ended in Dec. 2025 was 80.92.

The historical rank and industry rank for Arena Bilgisayarnayi Ve Ticaret AS's Days Payable or its related term are showing as below:

IST:ARENA' s Days Payable Range Over the Past 10 Years
Min: 40.46   Med: 58.45   Max: 75.48
Current: 63.8

During the past 13 years, Arena Bilgisayarnayi Ve Ticaret AS's highest Days Payable was 75.48. The lowest was 40.46. And the median was 58.45.

IST:ARENA's Days Payable is ranked worse than
55.13% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs IST:ARENA: 63.80

Arena Bilgisayarnayi Ve Ticaret AS's Days Payable increased from Dec. 2024 (44.82) to Dec. 2025 (80.92). It may suggest that Arena Bilgisayarnayi Ve Ticaret AS delayed paying its suppliers.


Arena Bilgisayarnayi Ve Ticaret AS Days Payable Related Terms


Arena Bilgisayarnayi Ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Arena Bilgisayarnayi 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.

Arena Bilgisayarnayi Ve Ticaret AS Days Payable Chart

Arena Bilgisayarnayi 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 40.46 75.48 57.48 61.73 59.17

Arena Bilgisayarnayi Ve Ticaret AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 44.82 56.53 59.92 68.26 80.92

IST:ARENA vs SNX, ARW, AVT: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, Arena Bilgisayarnayi 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.


Arena Bilgisayarnayi Ve Ticaret AS Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Arena Bilgisayarnayi Ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Arena Bilgisayarnayi Ve Ticaret AS's Days Payable falls into.


IST:ARENA
52GF Score
Arena Bilgisayar Sanayi Ve Ticaret AS IST:ARENA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Arena Bilgisayarnayi 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.

Arena Bilgisayarnayi 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
=( (5521.004 + 4611.513) / 2 ) / 31252.119*365
=5066.2585 / 31252.119*365
=59.17

Arena Bilgisayarnayi Ve Ticaret AS's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (7046.08 + 5382.602) / 2 ) / 7007.905*365 / 4
=6214.341 / 7007.905*365 / 4
=80.92

* 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 80.92 mean?
Arena Bilgisayarnayi Ve Ticaret AS (IST:ARENA) has a Days Payable of 80.92 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Arena Bilgisayarnayi Ve Ticaret AS and its competitors. This is 38% above median its historical median of 58.45. Over the past decade, Arena Bilgisayarnayi Ve Ticaret AS's Days Payable has ranged from 40.46 to 75.48. According to the industry distribution chart, Arena Bilgisayarnayi Ve Ticaret AS ranks #1343 out of 2436 companies in the Hardware industry, placing it in the top 55.1%.
Is Arena Bilgisayarnayi Ve Ticaret AS's Days Payable too high?
Arena Bilgisayarnayi Ve Ticaret AS's current Days Payable of 80.92 is 38% above median its 10-year median of 58.45. Over the past 10 years, this metric has ranged from a low of 40.46 to a high of 75.48. The Hardware industry median Days Payable is 69.89. Arena Bilgisayarnayi Ve Ticaret AS's value of 80.92 is 15.8% above this industry median. Based on the distribution chart, Arena Bilgisayarnayi Ve Ticaret AS ranks #1343 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Arena Bilgisayarnayi Ve Ticaret AS has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arena Bilgisayarnayi Ve Ticaret AS's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Arena Bilgisayarnayi Ve Ticaret AS ranks #1343 out of 2436 companies for Days Payable. This places Arena Bilgisayarnayi Ve Ticaret AS in the lower half of its industry. The industry median Days Payable is 69.89. Arena Bilgisayarnayi Ve Ticaret AS's value of 80.92 is 15.8% above this benchmark. Historically, Arena Bilgisayarnayi Ve Ticaret AS's own Days Payable has ranged from 40.46 to 75.48 over the past decade. While the company's 10-year median is 58.45 vs. the industry median of 69.89, Arena Bilgisayarnayi 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,436 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. Arena Bilgisayarnayi Ve Ticaret AS's current Days Payable of 80.92 is 15.8% 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 Arena Bilgisayarnayi Ve Ticaret AS and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arena Bilgisayarnayi Ve Ticaret AS's current Days Payable is 80.92, which is 38% above median its own 10-year median of 58.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arena Bilgisayarnayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Arena Bilgisayarnayi Ve Ticaret AS (IST:ARENA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺42.66, compared to a current price of ₺28.00 — trading 34.4% below its estimated fair value. The current Days Payable is 80.92, which is 38% above median its 10-year median of 58.45 and 15.8% above the Hardware industry median of 69.89. Arena Bilgisayarnayi Ve Ticaret AS's overall GF Score™ is 52/100 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 Arena Bilgisayarnayi Ve Ticaret AS (IST:ARENA), the current Days Payable is 80.92 as of Dec. 2025. 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 Arena Bilgisayarnayi Ve Ticaret AS (IST:ARENA) Overvalued in 2026?

Based on GuruFocus' analysis, Arena Bilgisayarnayi Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺28.00 is trading 34.4% below its estimated GF Value™ of ₺42.66. GuruFocus considers Arena Bilgisayarnayi Ve Ticaret AS to be Significantly Undervalued.

Key valuation signals for IST:ARENA:

  • Days Payable: 80.92 (38% above median its 10-year median of 58.45)
  • GF Value™: ₺42.66 vs. price of ₺28.00 (34.4% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 15.8% above the Hardware median (#1343 of 2436)

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


Arena Bilgisayarnayi Ve Ticaret AS Business Description

Address Merkez Mahallesi, Gokturk Caddesi No.4, Gokturk, Eyup, Istanbul, TUR, 34077
Arena Bilgisayar Sanayi Ve Ticaret AS is a Turkey-based company. It is engaged in the wholesale of personal computers, peripherals, consumer electronics, and telecommunication devices. The company's products are used in telecommunication, consumer electronics, retailing and e-tailing, and information technology industries.
52GF Score

Get the complete analysis for IST:ARENA

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

₺28.00
Price
₺42.66
GF Value