Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) Days Payable: 26.95 (As of Dec. 2023)


IST:BAGFS Bagfas Bandirma Gubre Fabrikalari AS IST:BAGFS
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Price ₺26.88
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What is Bagfas Bandirma Gubre Fabrikalari AS Days Payable?

Bagfas Bandirma Gubre Fabrikalari AS IST:BAGFS -1.90% 5 Days Payable is 26.95 as of Dec. 2023. GuruFocus rates IST:BAGFS with a GF Score™ of 5/100.

Bagfas Bandirma Gubre Fabrikalari AS's average Accounts Payable for the six months ended in Dec. 2023 was ₺265 Mil. Bagfas Bandirma Gubre Fabrikalari AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺3,593 Mil. Hence, Bagfas Bandirma Gubre Fabrikalari AS's Days Payable for the six months ended in Dec. 2023 was 13.48.

The historical rank and industry rank for Bagfas Bandirma Gubre Fabrikalari AS's Days Payable or its related term are showing as below:

IST:BAGFS's Days Payable is not ranked *
in the Agriculture industry.
Industry Median: 72.84
* Ranked among companies with meaningful Days Payable only.

Bagfas Bandirma Gubre Fabrikalari AS's Days Payable declined from Dec. 2021 (130.54) to Dec. 2023 (26.95). It may suggest that Bagfas Bandirma Gubre Fabrikalari AS accelerated paying its suppliers.

Bagfas Bandirma Gubre Fabrikalari AS Days Payable Related Terms

Bagfas Bandirma Gubre Fabrikalari AS Days Payable Historical Data

* Premium members only.

The historical data trend for Bagfas Bandirma Gubre Fabrikalari 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.

Bagfas Bandirma Gubre Fabrikalari AS Days Payable Chart

Bagfas Bandirma Gubre Fabrikalari AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.62 113.76 130.54 25.43 26.95

Bagfas Bandirma Gubre Fabrikalari AS Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 103.62 113.76 130.54 25.43 26.95

IST:BAGFS vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, Bagfas Bandirma Gubre Fabrikalari 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.

Bagfas Bandirma Gubre Fabrikalari AS Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bagfas Bandirma Gubre Fabrikalari AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Bagfas Bandirma Gubre Fabrikalari AS's Days Payable falls into.


IST:BAGFS
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Bagfas Bandirma Gubre Fabrikalari AS IST:BAGFS
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Bagfas Bandirma Gubre Fabrikalari 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.

Bagfas Bandirma Gubre Fabrikalari AS's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (303.296 + 227.38) / 2 ) / 3593.01*365
=265.338 / 3593.01*365
=26.95

Bagfas Bandirma Gubre Fabrikalari AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (303.296 + 227.38) / 2 ) / 3593.01*365 / 2
=265.338 / 3593.01*365 / 2
=13.48

* 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 26.95 mean?
Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a Days Payable of 26.95 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bagfas Bandirma Gubre Fabrikalari AS and its competitors.
Is Bagfas Bandirma Gubre Fabrikalari AS's Days Payable too high?
Bagfas Bandirma Gubre Fabrikalari AS's current Days Payable is 26.95. The Agriculture industry median Days Payable is 72.84. Bagfas Bandirma Gubre Fabrikalari AS's value of 26.95 is 63% below this industry median. Overall, Bagfas Bandirma Gubre Fabrikalari AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Bagfas Bandirma Gubre Fabrikalari AS's Days Payable compare to CTVA and CF?
Bagfas Bandirma Gubre Fabrikalari AS's Days Payable of 26.95 can be compared against companies in the Agriculture industry. The industry median Days Payable is 72.84. Bagfas Bandirma Gubre Fabrikalari AS's value of 26.95 is 63% below this benchmark. 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 Agriculture company?
The median Days Payable among Agriculture companies is 72.84, based on 247 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. Bagfas Bandirma Gubre Fabrikalari AS's current Days Payable of 26.95 is 63% 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 Bagfas Bandirma Gubre Fabrikalari AS and its competitors. For the Agriculture industry, the median Days Payable is 72.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bagfas Bandirma Gubre Fabrikalari AS's current Days Payable is 26.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bagfas Bandirma Gubre Fabrikalari AS stock overvalued right now?
Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a current Days Payable of 26.95. The current Days Payable is 26.95 and 63% below the Agriculture industry median of 72.84. Bagfas Bandirma Gubre Fabrikalari AS's overall GF Score™ is 5/100. 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 Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS), the current Days Payable is 26.95 as of Dec. 2023. 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.

Bagfas Bandirma Gubre Fabrikalari AS Business Description

Address Susam Street No. 2, Kylycali Paya Neighborhood, Istanbul, TUR
Bagfas Bandirma Gubre Fabrikalari AS is a Turkey-based company involved in the business of chemical fertilizers and acids. The product portfolio of the company includes Super Granule CAN, Sulphur Composite Fertilizer, Sulphur Zinc Composite Fertilizer, Special Formulations, Phosphoric Acid, and Other specialty products.
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