Celik Halat ve Telnayii AS (IST:CELHA) Days Payable: 65.76 (As of Mar. 2026) — 41% Below Median


IST:CELHA Celik Halat ve Tel Sanayii AS IST:CELHA
38 GF Score
Price ₺17.15
GF Value ₺6.59
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Celik Halat ve Telnayii AS Days Payable?

Celik Halat ve Telnayii AS IST:CELHA -0.69% 38 Days Payable is 65.76 as of Mar. 2026, which is 41% below its 10-year median of 111.59. GuruFocus rates IST:CELHA with a GF Score™ of 38/100 and a GF Value™ of ₺6.59 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,987 Industrial Products companies, Celik Halat ve Telnayii AS ranks better than 57.35% on this metric.

Celik Halat ve Telnayii AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺365 Mil. Celik Halat ve Telnayii AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺506 Mil. Hence, Celik Halat ve Telnayii AS's Days Payable for the three months ended in Mar. 2026 was 65.76.

The historical rank and industry rank for Celik Halat ve Telnayii AS's Days Payable or its related term are showing as below:

IST:CELHA' s Days Payable Range Over the Past 10 Years
Min: 27.28   Med: 111.59   Max: 158.08
Current: 92.15

During the past 13 years, Celik Halat ve Telnayii AS's highest Days Payable was 158.08. The lowest was 27.28. And the median was 111.59.

IST:CELHA's Days Payable is ranked better than
57.35% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs IST:CELHA: 92.15

Celik Halat ve Telnayii AS's Days Payable increased from Dec. 2024 (0.00) to Mar. 2026 (65.76). It may suggest that Celik Halat ve Telnayii AS delayed paying its suppliers.


Celik Halat ve Telnayii AS Days Payable Historical Data

* Premium members only.

The historical data trend for Celik Halat ve Telnayii 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.

Celik Halat ve Telnayii AS Days Payable Chart

Celik Halat ve Telnayii 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 158.08 128.45 37.87 27.28 52.89

Celik Halat ve Telnayii AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
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 0.00 63.06 75.41 52.49 65.76

IST:CELHA vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Celik Halat ve Telnayii 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.


Celik Halat ve Telnayii AS Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Celik Halat ve Telnayii AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Celik Halat ve Telnayii AS's Days Payable falls into.


IST:CELHA
38GF Score
Celik Halat ve Tel Sanayii AS IST:CELHA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Celik Halat ve Telnayii 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.

Celik Halat ve Telnayii 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
=( (93.667 + 342.376) / 2 ) / 1504.689*365
=218.0215 / 1504.689*365
=52.89

Celik Halat ve Telnayii AS's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (297.626 + 431.823) / 2 ) / 506.088*365 / 4
=364.7245 / 506.088*365 / 4
=65.76

* 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 65.76 mean?
Celik Halat ve Telnayii AS (IST:CELHA) has a Days Payable of 65.76 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Celik Halat ve Telnayii AS and its competitors. This is 41% below median its historical median of 111.59. Over the past decade, Celik Halat ve Telnayii AS's Days Payable has ranged from 27.28 to 158.08. According to the industry distribution chart, Celik Halat ve Telnayii AS ranks #1274 out of 2987 companies in the Industrial Products industry, placing it in the top 42.7%.
Is Celik Halat ve Telnayii AS's Days Payable too high?
Celik Halat ve Telnayii AS's current Days Payable of 65.76 is 41% below median its 10-year median of 111.59. Over the past 10 years, this metric has ranged from a low of 27.28 to a high of 158.08. The Industrial Products industry median Days Payable is 78.05. Celik Halat ve Telnayii AS's value of 65.76 is 15.7% below this industry median. Based on the distribution chart, Celik Halat ve Telnayii AS ranks #1274 out of 2987 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Celik Halat ve Telnayii AS has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celik Halat ve Telnayii AS's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Celik Halat ve Telnayii AS ranks #1274 out of 2987 companies for Days Payable. This puts Celik Halat ve Telnayii AS in the upper half of its industry. The industry median Days Payable is 78.05. Celik Halat ve Telnayii AS's value of 65.76 is 15.7% below this benchmark. Historically, Celik Halat ve Telnayii AS's own Days Payable has ranged from 27.28 to 158.08 over the past decade. While the company's 10-year median is 111.59 vs. the industry median of 78.05, Celik Halat ve Telnayii 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Celik Halat ve Telnayii AS's current Days Payable of 65.76 is 15.7% 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 Celik Halat ve Telnayii AS and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celik Halat ve Telnayii AS's current Days Payable is 65.76, which is 41% below median its own 10-year median of 111.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celik Halat ve Telnayii AS stock overvalued right now?
Based on GuruFocus' analysis, Celik Halat ve Telnayii AS (IST:CELHA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.59, compared to a current price of ₺17.15 — trading 160.2% above its estimated fair value. The current Days Payable is 65.76, which is 41% below median its 10-year median of 111.59 and 15.7% below the Industrial Products industry median of 78.05. Celik Halat ve Telnayii AS's overall GF Score™ is 38/100 with 10 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 Celik Halat ve Telnayii AS (IST:CELHA), the current Days Payable is 65.76 as of Mar. 2026. 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 Celik Halat ve Telnayii AS (IST:CELHA) Overvalued in 2026?

Based on GuruFocus' analysis, Celik Halat ve Telnayii AS stock appears to be overvalued. The current stock price of ₺17.15 is trading 160.2% above its estimated GF Value™ of ₺6.59. GuruFocus considers Celik Halat ve Telnayii AS to be Significantly Overvalued.

Key valuation signals for IST:CELHA:

  • Days Payable: 65.76 (41% below median its 10-year median of 111.59)
  • GF Value™: ₺6.59 vs. price of ₺17.15 (160.2% above fair value)
  • GF Score™: 38/100 with 10 warning signs
  • Industry Position: 15.7% below the Industrial Products median (#1274 of 2987)

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


Celik Halat ve Telnayii AS Business Description

Address Ertugrul Gazi Mahallesi Sehitler Caddesi, No:2 Kartepe, Kocaeli, TUR, 41180
Celik Halat ve Tel Sanayii AS is engaged in manufacturing high carbon wire and steel wire ropes. Its products portfolio includes steel wire ropes consisting of Crane Ropes, Chairlift Ropes, Marine Ropes, Mining Ropes, Elevator Ropes, and special ropes; galvanized wire, bead wire, mechanical spring wire; prestressed concrete strand, concrete strand, and concrete wire. Its products are used in various sectors including mining, construction, tire, bead, energy, fishery and other manufacturing industries. Its products are exported to the USA, Canada, Holland, Romania, Serbia, Spain, Italy and other European Countries, Turkmenistan, Azerbaijan and other Turkic Republics.
38GF Score

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

₺17.15
Price
₺6.59
GF Value