Birko Birlesik Koyunlulular Mensucat ve Ticaret AS (IST:BRKO) Days Payable : 139.31 (As of Sep. 2023)

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What is Birko Birlesik Koyunlulular Mensucat ve Ticaret AS Days Payable?

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's average Accounts Payable for the three months ended in Sep. 2023 was ₺7.64 Mil. Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺5.00 Mil. Hence, Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's Days Payable for the three months ended in Sep. 2023 was 139.31.

The historical rank and industry rank for Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's Days Payable or its related term are showing as below:

IST:BRKO' s Days Payable Range Over the Past 10 Years
Min: 34.84 Med: 76.91 Max: 177.23
Current: 82.84

During the past 13 years, Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's highest Days Payable was 177.23. The lowest was 34.84. And the median was 76.91.

IST:BRKO's Days Payable is ranked better than
68.3% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.07 vs IST:BRKO: 82.84

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's Days Payable declined from Sep. 2022 (380.93) to Sep. 2023 (139.31). It may suggest that Birko Birlesik Koyunlulular Mensucat ve Ticaret AS accelerated paying its suppliers.

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS Days Payable Historical Data

The historical data trend for Birko Birlesik Koyunlulular Mensucat 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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Birko Birlesik Koyunlulular Mensucat ve Ticaret AS Days Payable Chart

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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101.99

70.89

34.84

143.55

132.89

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															380.93	97.63	453.71	37.57	139.31

Competitive Comparison of Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's Days Payable

For the Textile Manufacturing subindustry, Birko Birlesik Koyunlulular Mensucat 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.

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's Days Payable falls into.

Birko Birlesik Koyunlulular Mensucat 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.

Birko Birlesik Koyunlulular Mensucat ve Ticaret 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
=	( (33.847	+	2.982)	/	2 )	/	50.579	*	365
=	18.4145					/	50.579	*	365
=	132.89

Birko Birlesik Koyunlulular Mensucat ve Ticaret 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
=	( (6.766	+	8.513)	/	2 )	/	5.004	*	365 / 4
=	7.6395					/	5.004	*	365 / 4
=	139.31

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS Days Payable Related Terms

Thank you for viewing the detailed overview of Birko Birlesik Koyunlulular Mensucat ve Ticaret AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS (IST:BRKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birko Birlesik Koyunlulular Mensucat ve Ticaret AS (IST:BRKO) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

OSB Bor Yolu 7. Km Birko Cad. No : 288, Nigde, TUR

Website

http://www.birko.com.tr

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS is a textile manufacturing company. It manufactures carded weaving and knitting yarn, combed weaving and knitting yarn, and open-end yarn.

Birko Birlesik Koyunlulular Mensucat ve Ticaret AS (IST:BRKO) Headlines

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