Best Brands Grup Enerji Yatirim AS (IST:BESTE) Days Payable: 13.03 (As of Dec. 2024) — 59% Above Median


IST:BESTE Best Brands Grup Enerji Yatirim AS IST:BESTE
17 GF Score
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What is Best Brands Grup Enerji Yatirim AS Days Payable?

Best Brands Grup Enerji Yatirim AS IST:BESTE +4.10% 17 Days Payable is 13.03 as of Dec. 2024, which is 59% above its 10-year median of 8.19. GuruFocus rates IST:BESTE with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Best Brands Grup Enerji Yatirim AS ranks worse than 93.33% on this metric.

Best Brands Grup Enerji Yatirim AS's average Accounts Payable for the six months ended in Dec. 2024 was ₺9.2 Mil. Best Brands Grup Enerji Yatirim AS's Cost of Goods Sold for the six months ended in Dec. 2024 was ₺257.5 Mil. Hence, Best Brands Grup Enerji Yatirim AS's Days Payable for the six months ended in Dec. 2024 was 6.51.

The historical rank and industry rank for Best Brands Grup Enerji Yatirim AS's Days Payable or its related term are showing as below:

IST:BESTE' s Days Payable Range Over the Past 10 Years
Min: 5.66   Med: 8.19   Max: 13.03
Current: 13.03

During the past 3 years, Best Brands Grup Enerji Yatirim AS's highest Days Payable was 13.03. The lowest was 5.66. And the median was 8.19.

IST:BESTE's Days Payable is ranked worse than
93.33% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs IST:BESTE: 13.03

Best Brands Grup Enerji Yatirim AS's Days Payable increased from Dec. 2022 (8.19) to Dec. 2024 (13.03). It may suggest that Best Brands Grup Enerji Yatirim AS delayed paying its suppliers.


Best Brands Grup Enerji Yatirim AS Days Payable Related Terms


Best Brands Grup Enerji Yatirim AS Days Payable Historical Data

* Premium members only.

The historical data trend for Best Brands Grup Enerji Yatirim 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.

Best Brands Grup Enerji Yatirim AS Days Payable Chart

Best Brands Grup Enerji Yatirim AS Annual Data
Trend Dec22 Dec23 Dec24
Days Payable
8.19 5.66 13.03

Best Brands Grup Enerji Yatirim AS Semi-Annual Data
Dec22 Dec23 Dec24
Days Payable 8.19 5.66 13.03

Best Brands Grup Enerji Yatirim AS Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Best Brands Grup Enerji Yatirim 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.


Best Brands Grup Enerji Yatirim AS Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Best Brands Grup Enerji Yatirim AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Best Brands Grup Enerji Yatirim AS's Days Payable falls into.


IST:BESTE
17GF Score
Best Brands Grup Enerji Yatirim AS IST:BESTE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Best Brands Grup Enerji Yatirim 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.

Best Brands Grup Enerji Yatirim 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
=( (4.009 + 14.37) / 2 ) / 257.48*365
=9.1895 / 257.48*365
=13.03

Best Brands Grup Enerji Yatirim AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (4.009 + 14.37) / 2 ) / 257.48*365 / 2
=9.1895 / 257.48*365 / 2
=6.51

* 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 13.03 mean?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a Days Payable of 13.03 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Best Brands Grup Enerji Yatirim AS and its competitors. This is 59% above median its historical median of 8.19. Over the past decade, Best Brands Grup Enerji Yatirim AS's Days Payable has ranged from 5.66 to 13.03. According to the industry distribution chart, Best Brands Grup Enerji Yatirim AS ranks #364 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 93.3%.
Is Best Brands Grup Enerji Yatirim AS's Days Payable too high?
Best Brands Grup Enerji Yatirim AS's current Days Payable of 13.03 is 59% above median its 10-year median of 8.19. Over the past 10 years, this metric has ranged from a low of 5.66 to a high of 13.03. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Best Brands Grup Enerji Yatirim AS's value of 13.03 is 83.7% below this industry median. Based on the distribution chart, Best Brands Grup Enerji Yatirim AS ranks #364 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Best Brands Grup Enerji Yatirim AS has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Best Brands Grup Enerji Yatirim AS's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Best Brands Grup Enerji Yatirim AS ranks #364 out of 390 companies for Days Payable. This places Best Brands Grup Enerji Yatirim AS in the lower half of its industry. The industry median Days Payable is 79.90. Best Brands Grup Enerji Yatirim AS's value of 13.03 is 83.7% below this benchmark. Historically, Best Brands Grup Enerji Yatirim AS's own Days Payable has ranged from 5.66 to 13.03 over the past decade. While the company's 10-year median is 8.19 vs. the industry median of 79.90, Best Brands Grup Enerji Yatirim 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Best Brands Grup Enerji Yatirim AS's current Days Payable of 13.03 is 83.7% 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 Best Brands Grup Enerji Yatirim AS and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Best Brands Grup Enerji Yatirim AS's current Days Payable is 13.03, which is 59% above median its own 10-year median of 8.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Brands Grup Enerji Yatirim AS stock overvalued right now?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a current Days Payable of 13.03. The current Days Payable is 13.03, which is 59% above median its 10-year median of 8.19 and 83.7% below the Utilities - Independent Power Producers industry median of 79.90. Best Brands Grup Enerji Yatirim AS's overall GF Score™ is 17/100 with 2 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 Best Brands Grup Enerji Yatirim AS (IST:BESTE), the current Days Payable is 13.03 as of Dec. 2024. 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.

Best Brands Grup Enerji Yatirim AS Business Description

Address Ruzgarlibahce Mahallesi Sehit, Topcu Yzb. Sinan Eroglu, Caddesi No:6/2 , Kavacik, Beykoz, Istanbul, TUR
Best Brands Grup Enerji Yatirim AS is a renewable energy organization. The company is engaged in the establishment, commissioning, leasing, and participation in existing or future facilities, individuals, and businesses, as well as the production of electrical energy and the sale of the produced electrical energy and/or capacity to customers, both domestically and internationally. Its activities are carried out through its solar power plants are related to electricity generation.
17GF Score

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