Cemas Dokumnayi AS (IST:CEMAS) Days Payable : 69.73 (As of Sep. 2023)

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What is Cemas Dokumnayi AS Days Payable?

Cemas Dokumnayi AS's average Accounts Payable for the three months ended in Sep. 2023 was ₺174 Mil. Cemas Dokumnayi AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺228 Mil. Hence, Cemas Dokumnayi AS's Days Payable for the three months ended in Sep. 2023 was 69.73.

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

IST:CEMAS' s Days Payable Range Over the Past 10 Years
Min: 59.47 Med: 97.6 Max: 149.36
Current: 61.86

During the past 13 years, Cemas Dokumnayi AS's highest Days Payable was 149.36. The lowest was 59.47. And the median was 97.60.

IST:CEMAS's Days Payable is ranked worse than
60.9% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs IST:CEMAS: 61.86

Cemas Dokumnayi AS's Days Payable increased from Sep. 2022 (67.77) to Sep. 2023 (69.73). It may suggest that Cemas Dokumnayi AS delayed paying its suppliers.

Cemas Dokumnayi AS Days Payable Historical Data

The historical data trend for Cemas Dokumnayi 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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Cemas Dokumnayi AS Days Payable Chart

Cemas Dokumnayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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149.36

101.78

69.32

65.19

59.47

Cemas Dokumnayi 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															67.77	66.24	47.73	68.59	69.73

Competitive Comparison of Cemas Dokumnayi AS's Days Payable

For the Metal Fabrication subindustry, Cemas Dokumnayi 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.

Cemas Dokumnayi AS's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cemas Dokumnayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Cemas Dokumnayi AS's Days Payable falls into.

Cemas Dokumnayi 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.

Cemas Dokumnayi 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
=	( (62.925	+	133.426)	/	2 )	/	602.515	*	365
=	98.1755					/	602.515	*	365
=	59.47

Cemas Dokumnayi 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
=	( (153.089	+	194.712)	/	2 )	/	227.559	*	365 / 4
=	173.9005					/	227.559	*	365 / 4
=	69.73

Cemas Dokumnayi AS Days Payable Related Terms

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Cemas Dokumnayi AS (IST:CEMAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cemas Dokum Sanayi AS (IST:CEMAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ankara Asfalti 12. Km, Kirsehir, TUR, 40100

Website

http://www.cemas.com.tr

Cemas Dokum Sanayi AS is a Turkey-based company engages in the production of grey cast iron, nodular cast iron, and high chromium steel casting.

Cemas Dokumnayi AS (IST:CEMAS) Headlines

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