Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Arsan Holding ASIST:ARSAN +9.88%51 Days Payable is 71.89 as of Mar. 2026, which is 148% above its 10-year median of 28.99. GuruFocus rates IST:ARSAN with a GF Score™ of 51/100 and a GF Value™ of ₺2.91 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,713 Construction companies, Arsan Holding AS ranks worse than 60.6% on this metric.
The historical rank and industry rank for Arsan Holding AS's Days Payable or its related term are showing as below:
IST:ARSAN'
s Days Payable Range Over the Past 10 Years
Min: 17.6 Med: 28.99 Max: 61.34
Current: 61.34
During the past 13 years, Arsan Holding AS's highest Days Payable was 61.34. The lowest was 17.60. And the median was 28.99.
IST:ARSAN's Days Payable is ranked worse than 60.6% of 1713
companies
in the Construction industry
Industry Median: 76.49
vs IST:ARSAN: 61.34
Arsan Holding AS's Days Payable
increased
from Mar. 2025 (16.44) to Mar. 2026 (71.89).
It may suggest that Arsan Holding ASdelayed paying its suppliers.
Arsan Holding AS Days Payable Related Terms
Arsan Holding AS Days Payable Historical Data
* Premium members only.
The historical data trend for Arsan Holding 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.
IST:ARSAN vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Arsan Holding 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.
Arsan Holding AS Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Arsan Holding AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Arsan Holding AS's Days Payable falls into.
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.
Arsan Holding AS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Arsan Holding AS (IST:ARSAN) has a Days Payable of 71.89 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 Arsan Holding AS and its competitors. This is 148% above median its historical median of 28.99. Over the past decade, Arsan Holding AS's Days Payable has ranged from 17.60 to 61.34. According to the industry distribution chart, Arsan Holding AS ranks #1038 out of 1713 companies in the Construction industry, placing it in the top 60.6%.
Is Arsan Holding AS's Days Payable too high?
Arsan Holding AS's current Days Payable of 71.89 is 148% above median its 10-year median of 28.99. Over the past 10 years, this metric has ranged from a low of 17.60 to a high of 61.34. The Construction industry median Days Payable is 76.49. Arsan Holding AS's value of 71.89 is 6% below this industry median. Based on the distribution chart, Arsan Holding AS ranks #1038 out of 1713 companies in the Construction industry, which is below the industry midpoint. Overall, Arsan Holding AS has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arsan Holding AS's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Arsan Holding AS ranks #1038 out of 1713 companies for Days Payable. This places Arsan Holding AS in the lower half of its industry. The industry median Days Payable is 76.49. Arsan Holding AS's value of 71.89 is 6% below this benchmark. Historically, Arsan Holding AS's own Days Payable has ranged from 17.60 to 61.34 over the past decade. While the company's 10-year median is 28.99 vs. the industry median of 76.49, Arsan Holding 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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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. Arsan Holding AS's current Days Payable of 71.89 is 6% 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 Arsan Holding AS and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arsan Holding AS's current Days Payable is 71.89, which is 148% above median its own 10-year median of 28.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arsan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Arsan Holding AS (IST:ARSAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺2.91, compared to a current price of ₺3.56 — trading 22.3% above its estimated fair value. The current Days Payable is 71.89, which is 148% above median its 10-year median of 28.99 and 6% below the Construction industry median of 76.49. Arsan Holding AS's overall GF Score™ is 51/100 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 Arsan Holding AS (IST:ARSAN), the current Days Payable is 71.89 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.
Is Arsan Holding AS (IST:ARSAN) Overvalued in 2026?
Based on GuruFocus' analysis, Arsan Holding AS stock appears to be overvalued.
The current stock price of ₺3.56 is trading 22.3% above its estimated GF Value™ of ₺2.91.
GuruFocus considers Arsan Holding AS to be Modestly Overvalued.
Key valuation signals for IST:ARSAN:
Days Payable: 71.89 (148% above median its 10-year median of 28.99)
GF Value™: ₺2.91 vs. price of ₺3.56 (22.3% above fair value)
Industry Position: 6% below the Construction median (#1038 of 1713)
No single metric tells the full story. See the IST:ARSAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arsan Holding AS is a Turkey-based company involved in the Investment of infrastructure construction (water systems, dams, treatment plants), iron-steel production, energy generation (hydropower), natural gas distribution, and other industrial investments.
51GF Score
Get the complete analysis for IST:ARSAN
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:ARSAN has been successfully added to your 
