Borlease Otomotiv AS (IST:BORLS) Days Payable : 75.36 (As of Sep. 2023)

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What is Borlease Otomotiv AS Days Payable?

Borlease Otomotiv AS's average Accounts Payable for the three months ended in Sep. 2023 was ₺305 Mil. Borlease Otomotiv AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺369 Mil. Hence, Borlease Otomotiv AS's Days Payable for the three months ended in Sep. 2023 was 75.36.

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

IST:BORLS' s Days Payable Range Over the Past 10 Years
Min: 74.75 Med: 100.11 Max: 268.77
Current: 268.77

During the past 3 years, Borlease Otomotiv AS's highest Days Payable was 268.77. The lowest was 74.75. And the median was 100.11.

IST:BORLS's Days Payable is ranked better than
91.23% of 924 companies
in the Business Services industry
Industry Median: 47.74 vs IST:BORLS: 268.77

Borlease Otomotiv AS's Days Payable increased from Jun. 2022 (0.00) to Sep. 2023 (75.36). It may suggest that Borlease Otomotiv AS delayed paying its suppliers.

Borlease Otomotiv AS Days Payable Historical Data

The historical data trend for Borlease Otomotiv 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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Borlease Otomotiv AS Days Payable Chart

Borlease Otomotiv AS Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

100.11

74.75

108.72

Borlease Otomotiv AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial			-	-	496.18	-	75.36

Competitive Comparison of Borlease Otomotiv AS's Days Payable

For the Rental & Leasing Services subindustry, Borlease Otomotiv 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.

Borlease Otomotiv AS's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Borlease Otomotiv AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Borlease Otomotiv AS's Days Payable falls into.

Borlease Otomotiv 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.

Borlease Otomotiv AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (240.041	+	346.358)	/	2 )	/	984.313	*	365
=	293.1995					/	984.313	*	365
=	108.72

Borlease Otomotiv AS's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (221.507	+	388.043)	/	2 )	/	369.024	*	365 / 4
=	304.775					/	369.024	*	365 / 4
=	75.36

Borlease Otomotiv AS Days Payable Related Terms

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Borlease Otomotiv AS (IST:BORLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Borlease Otomotiv AS (IST:BORLS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saray Mahallesi, Dr. Adnan Büyükdeniz Cad. 2 Blok, No: 4 Ic Kap? No: 28 Umraniye, Istanbul, TUR

Website

https://www.borlease.com.tr

Borlease Otomotiv AS is a company whose main activity is is to rent all kinds of motorized and non-motorized land vehicles, whether it is owned or otherwise obtained from third parties and institutions. The Company primarily provides operational fleet rental services for all brands of passenger vehicles.

Borlease Otomotiv AS (IST:BORLS) Headlines

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