Bak Ambalajnayi Ve Ticaret AS (IST:BAKAB) Days Payable : 88.02 (As of Sep. 2024)

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What is Bak Ambalajnayi Ve Ticaret AS Days Payable?

Bak Ambalajnayi Ve Ticaret AS's average Accounts Payable for the three months ended in Sep. 2024 was ₺1,022 Mil. Bak Ambalajnayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺1,059 Mil. Hence, Bak Ambalajnayi Ve Ticaret AS's Days Payable for the three months ended in Sep. 2024 was 88.02.

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

IST:BAKAB' s Days Payable Range Over the Past 10 Years
Min: 65.86 Med: 104.82 Max: 135.6
Current: 119.07

During the past 13 years, Bak Ambalajnayi Ve Ticaret AS's highest Days Payable was 135.60. The lowest was 65.86. And the median was 104.82.

IST:BAKAB's Days Payable is ranked better than
84.25% of 381 companies
in the Packaging & Containers industry
Industry Median: 57.57 vs IST:BAKAB: 119.07

Bak Ambalajnayi Ve Ticaret AS's Days Payable increased from Sep. 2023 (59.30) to Sep. 2024 (88.02). It may suggest that Bak Ambalajnayi Ve Ticaret AS delayed paying its suppliers.

Bak Ambalajnayi Ve Ticaret AS Days Payable Historical Data

The historical data trend for Bak Ambalajnayi 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.

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Bak Ambalajnayi Ve Ticaret AS Days Payable Chart

Bak Ambalajnayi Ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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107.03

93.89

135.60

65.86

94.02

Bak Ambalajnayi Ve Ticaret AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															59.30	-	81.25	101.17	88.02

Competitive Comparison of Bak Ambalajnayi Ve Ticaret AS's Days Payable

For the Packaging & Containers subindustry, Bak Ambalajnayi 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.

Bak Ambalajnayi Ve Ticaret AS's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bak Ambalajnayi Ve Ticaret AS's Days Payable distribution charts can be found below:

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

Bak Ambalajnayi 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.

Bak Ambalajnayi Ve Ticaret 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
=	( (876.266	+	667.757)	/	2 )	/	2997.113	*	365
=	772.0115					/	2997.113	*	365
=	94.02

Bak Ambalajnayi Ve Ticaret AS's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (974.766	+	1069.113)	/	2 )	/	1059.427	*	365 / 4
=	1021.9395					/	1059.427	*	365 / 4
=	88.02

Bak Ambalajnayi Ve Ticaret AS Days Payable Related Terms

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Bak Ambalajnayi Ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bak Ambalaj Sanayi Ve Ticaret AS (IST:BAKAB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

AOSB 10002, Sokak Number 45, Cigli, Izmir, TUR, 35620

Website

http://www.bakambalaj.com.tr

Bak Ambalaj Sanayi Ve Ticaret AS is a Turkey-based company involved in the manufacturing of packaging products including unprinted, printed and laminated flexible packaging. The products offerings of the company include Snack Foods Packaging, Biscuits Packaging, Sugar and Chocolate Confectionary, Bread and Fresh Food Packaging, Instant Food & Drinks and Other Product Packaging.

Bak Ambalajnayi Ve Ticaret AS Headlines

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