Armada Gida Ticaretnayi AS (IST:ARMGD) Days Payable: 26.07 (As of Jun. 2026) — 10% Below Median

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IST:ARMGD Armada Gida Ticaret Sanayi AS IST:ARMGD
17 GF Score
Price ₺197.90
! 8 Warning Signs
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What is Armada Gida Ticaretnayi AS Days Payable?

Armada Gida Ticaretnayi AS IST:ARMGD +6.57% 17 Days Payable is 26.07 as of Jun. 2026, which is 10% below its 10-year median of 28.94. GuruFocus rates IST:ARMGD with a GF Score™ of 17/100. The stock has 8 warning signs investors should review. Among 1,897 Consumer Packaged Goods companies, Armada Gida Ticaretnayi AS ranks worse than 80.6% on this metric.

Armada Gida Ticaretnayi AS's average Accounts Payable for the three months ended in Jun. 2026 was ₺1,061 Mil. Armada Gida Ticaretnayi AS's Cost of Goods Sold for the three months ended in Jun. 2026 was ₺3,715 Mil. Hence, Armada Gida Ticaretnayi AS's Days Payable for the three months ended in Jun. 2026 was 26.07.

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

IST:ARMGD' s Days Payable Range Over the Past 10 Years
Min: 22.56   Med: 28.94   Max: 39.64
Current: 23.01

During the past 5 years, Armada Gida Ticaretnayi AS's highest Days Payable was 39.64. The lowest was 22.56. And the median was 28.94.

IST:ARMGD's Days Payable is ranked worse than
80.6% of 1897 companies
in the Consumer Packaged Goods industry
Industry Median: 44.31 vs IST:ARMGD: 23.01

Armada Gida Ticaretnayi AS's Days Payable increased from Jun. 2025 (21.19) to Jun. 2026 (26.07). It may suggest that Armada Gida Ticaretnayi AS delayed paying its suppliers.


Armada Gida Ticaretnayi AS Days Payable Historical Data

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The historical data trend for Armada Gida Ticaretnayi 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.

Armada Gida Ticaretnayi AS Days Payable Chart

Armada Gida Ticaretnayi AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
39.64 33.20 28.94 22.56 22.87

Armada Gida Ticaretnayi AS Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.19 27.11 14.57 25.57 26.07

IST:ARMGD vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Armada Gida Ticaretnayi 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.


Armada Gida Ticaretnayi AS Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Armada Gida Ticaretnayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Armada Gida Ticaretnayi AS's Days Payable falls into.


IST:ARMGD
17GF Score
Armada Gida Ticaret Sanayi AS IST:ARMGD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Armada Gida Ticaretnayi 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.

Armada Gida Ticaretnayi 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
=( (631.54 + 619.987) / 2 ) / 9986.152*365
=625.7635 / 9986.152*365
=22.87

Armada Gida Ticaretnayi AS's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (845.792 + 1277.194) / 2 ) / 3715.377*365 / 4
=1061.493 / 3715.377*365 / 4
=26.07

* 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 26.07 mean?
Armada Gida Ticaretnayi AS (IST:ARMGD) has a Days Payable of 26.07 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Armada Gida Ticaretnayi AS and its competitors. This is 10% below median its historical median of 28.94. Over the past decade, Armada Gida Ticaretnayi AS's Days Payable has ranged from 22.56 to 39.64. According to the industry distribution chart, Armada Gida Ticaretnayi AS ranks #1529 out of 1897 companies in the Consumer Packaged Goods industry, placing it in the top 80.6%.
Is Armada Gida Ticaretnayi AS's Days Payable too high?
Armada Gida Ticaretnayi AS's current Days Payable of 26.07 is 10% below median its 10-year median of 28.94. Over the past 10 years, this metric has ranged from a low of 22.56 to a high of 39.64. The Consumer Packaged Goods industry median Days Payable is 44.31. Armada Gida Ticaretnayi AS's value of 26.07 is 41.2% below this industry median. Based on the distribution chart, Armada Gida Ticaretnayi AS ranks #1529 out of 1897 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Armada Gida Ticaretnayi AS has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Armada Gida Ticaretnayi AS's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Armada Gida Ticaretnayi AS ranks #1529 out of 1897 companies for Days Payable. This places Armada Gida Ticaretnayi AS in the lower half of its industry. The industry median Days Payable is 44.31. Armada Gida Ticaretnayi AS's value of 26.07 is 41.2% below this benchmark. Historically, Armada Gida Ticaretnayi AS's own Days Payable has ranged from 22.56 to 39.64 over the past decade. While the company's 10-year median is 28.94 vs. the industry median of 44.31, Armada Gida Ticaretnayi AS has consistently been below 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.31, based on 1,897 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. Armada Gida Ticaretnayi AS's current Days Payable of 26.07 is 41.2% below 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 Armada Gida Ticaretnayi AS and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armada Gida Ticaretnayi AS's current Days Payable is 26.07, which is 10% below median its own 10-year median of 28.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armada Gida Ticaretnayi AS stock overvalued right now?
Armada Gida Ticaretnayi AS (IST:ARMGD) has a current Days Payable of 26.07. The current Days Payable is 26.07, which is 10% below median its 10-year median of 28.94 and 41.2% below the Consumer Packaged Goods industry median of 44.31. Armada Gida Ticaretnayi AS's overall GF Score™ is 17/100 with 8 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 Armada Gida Ticaretnayi AS (IST:ARMGD), the current Days Payable is 26.07 as of Jun. 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.

Armada Gida Ticaretnayi AS Business Description

Address Ataturk 12 Blv, No: 91, No: 1, Toroslar Mahallesi, Akdeniz, Mersin, TUR
Armada Gida Ticaret Sanayi AS is engaged in processing, pre-cooking with the extrusion method, and selling, importing, and exporting pulses, cereals, bulgur, organic products, superfoods, pulse flour, rice, gluten-free products, and other products.
17GF Score

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