Birlik Mensucat Ticaret Venayi AS (IST:BRMEN) Days Payable: 122.42 (As of Sep. 2025) — Near Median


IST:BRMEN Birlik Mensucat Ticaret Ve Sanayi AS IST:BRMEN
35 GF Score
Price ₺17.46
GF Value ₺12.21
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Birlik Mensucat Ticaret Venayi AS Days Payable?

Birlik Mensucat Ticaret Venayi AS IST:BRMEN -0.74% 35 Days Payable is 122.42 as of Sep. 2025, which is 5% above its 10-year median of 116.63. GuruFocus rates IST:BRMEN with a GF Score™ of 35/100 and a GF Value™ of ₺12.21 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, Birlik Mensucat Ticaret Venayi AS ranks better than 84.49% on this metric.

Birlik Mensucat Ticaret Venayi AS's average Accounts Payable for the three months ended in Sep. 2025 was ₺35.3 Mil. Birlik Mensucat Ticaret Venayi AS's Cost of Goods Sold for the three months ended in Sep. 2025 was ₺26.3 Mil. Hence, Birlik Mensucat Ticaret Venayi AS's Days Payable for the three months ended in Sep. 2025 was 122.42.

The historical rank and industry rank for Birlik Mensucat Ticaret Venayi AS's Days Payable or its related term are showing as below:

IST:BRMEN' s Days Payable Range Over the Past 10 Years
Min: 35.63   Med: 116.63   Max: 212.27
Current: 131.73

During the past 13 years, Birlik Mensucat Ticaret Venayi AS's highest Days Payable was 212.27. The lowest was 35.63. And the median was 116.63.

IST:BRMEN's Days Payable is ranked better than
84.49% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.945 vs IST:BRMEN: 131.73

Birlik Mensucat Ticaret Venayi AS's Days Payable increased from Sep. 2024 (83.66) to Sep. 2025 (122.42). It may suggest that Birlik Mensucat Ticaret Venayi AS delayed paying its suppliers.


Birlik Mensucat Ticaret Venayi AS Days Payable Related Terms


Birlik Mensucat Ticaret Venayi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Birlik Mensucat Ticaret Venayi 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.

Birlik Mensucat Ticaret Venayi AS Days Payable Chart

Birlik Mensucat Ticaret Venayi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.01 151.01 208.72 212.27 161.53

Birlik Mensucat Ticaret Venayi AS Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 Premium Member Only Premium Member Only 83.66 119.70 123.57 216.09 122.42

Birlik Mensucat Ticaret Venayi AS Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Birlik Mensucat Ticaret Venayi 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.


Birlik Mensucat Ticaret Venayi AS Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Birlik Mensucat Ticaret Venayi AS's Days Payable falls into.


IST:BRMEN
35GF Score
Birlik Mensucat Ticaret Ve Sanayi AS IST:BRMEN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Birlik Mensucat Ticaret Venayi 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.

Birlik Mensucat Ticaret Venayi 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
=( (31.055 + 32.995) / 2 ) / 72.364*365
=32.025 / 72.364*365
=161.53

Birlik Mensucat Ticaret Venayi AS's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (35.261 + 35.424) / 2 ) / 26.343*365 / 4
=35.3425 / 26.343*365 / 4
=122.42

* 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 122.42 mean?
Birlik Mensucat Ticaret Venayi AS (IST:BRMEN) has a Days Payable of 122.42 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Birlik Mensucat Ticaret Venayi AS and its competitors. This is near median its historical median of 116.63. Over the past decade, Birlik Mensucat Ticaret Venayi AS's Days Payable has ranged from 35.63 to 212.27. According to the industry distribution chart, Birlik Mensucat Ticaret Venayi AS ranks #157 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 15.5%.
Is Birlik Mensucat Ticaret Venayi AS's Days Payable too high?
Birlik Mensucat Ticaret Venayi AS's current Days Payable of 122.42 is near median its 10-year median of 116.63. Over the past 10 years, this metric has ranged from a low of 35.63 to a high of 212.27. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.95. Birlik Mensucat Ticaret Venayi AS's value of 122.42 is 126.9% above this industry median. Based on the distribution chart, Birlik Mensucat Ticaret Venayi AS ranks #157 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Birlik Mensucat Ticaret Venayi AS has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Birlik Mensucat Ticaret Venayi AS's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Birlik Mensucat Ticaret Venayi AS ranks #157 out of 1012 companies for Days Payable. This places Birlik Mensucat Ticaret Venayi AS in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.95. Birlik Mensucat Ticaret Venayi AS's value of 122.42 is 126.9% above this benchmark. Historically, Birlik Mensucat Ticaret Venayi AS's own Days Payable has ranged from 35.63 to 212.27 over the past decade. While the company's 10-year median is 116.63 vs. the industry median of 53.95, Birlik Mensucat Ticaret Venayi AS has consistently been above 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 a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.95, based on 1,012 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. Birlik Mensucat Ticaret Venayi AS's current Days Payable of 122.42 is 126.9% above 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 Birlik Mensucat Ticaret Venayi AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birlik Mensucat Ticaret Venayi AS's current Days Payable is 122.42, which is near median its own 10-year median of 116.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birlik Mensucat Ticaret Venayi AS stock overvalued right now?
Based on GuruFocus' analysis, Birlik Mensucat Ticaret Venayi AS (IST:BRMEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺12.21, compared to a current price of ₺17.46 — trading 43% above its estimated fair value. The current Days Payable is 122.42, which is near median its 10-year median of 116.63 and 126.9% above the Manufacturing - Apparel & Accessories industry median of 53.95. Birlik Mensucat Ticaret Venayi AS's overall GF Score™ is 35/100 with 8 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 Birlik Mensucat Ticaret Venayi AS (IST:BRMEN), the current Days Payable is 122.42 as of Sep. 2025. 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.

Is Birlik Mensucat Ticaret Venayi AS (IST:BRMEN) Overvalued in 2026?

Based on GuruFocus' analysis, Birlik Mensucat Ticaret Venayi AS stock appears to be overvalued. The current stock price of ₺17.46 is trading 43% above its estimated GF Value™ of ₺12.21. GuruFocus considers Birlik Mensucat Ticaret Venayi AS to be Significantly Overvalued.

Key valuation signals for IST:BRMEN:

  • Days Payable: 122.42 (near median its 10-year median of 116.63)
  • GF Value™: ₺12.21 vs. price of ₺17.46 (43% above fair value)
  • GF Score™: 35/100 with 8 warning signs
  • Industry Position: 126.9% above the Manufacturing - Apparel & Accessories median (#157 of 1012)

No single metric tells the full story. See the IST:BRMEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Birlik Mensucat Ticaret Venayi AS Business Description

Address Osman Kavuncu Mahallesi, Mensucat Caddesi No: 22, Melikgazi, Kayseri Hotels, Istanbul, TUR
Birlik Mensucat Ticaret Ve Sanayi AS manufactures and dyes textile products. The company offers cotton terry towels, bathrobes, home textile products, curtains, mattresses, and bed bases under the registered trademark of SOLEY.
35GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺17.46
Price
₺12.21
GF Value