CEO Event Medya AS (IST:CEOEM) Days Payable: 183.96 (As of Mar. 2026) — 81% Above Median


IST:CEOEM CEO Event Medya AS IST:CEOEM
82 GF Score
Price ₺27.00
GF Value ₺30.15
Valuation Modestly Undervalued
! 1 Warning Sign
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What is CEO Event Medya AS Days Payable?

CEO Event Medya AS IST:CEOEM +8.35% 82 Days Payable is 183.96 as of Mar. 2026, which is 81% above its 10-year median of 101.62. GuruFocus rates IST:CEOEM with a GF Score™ of 82/100 and a GF Value™ of ₺30.15 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 943 Business Services companies, CEO Event Medya AS ranks better than 70.31% on this metric.

CEO Event Medya AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺97.4 Mil. CEO Event Medya AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺48.3 Mil. Hence, CEO Event Medya AS's Days Payable for the three months ended in Mar. 2026 was 183.96.

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

IST:CEOEM' s Days Payable Range Over the Past 10 Years
Min: 27.54   Med: 101.62   Max: 126.93
Current: 82.11

During the past 10 years, CEO Event Medya AS's highest Days Payable was 126.93. The lowest was 27.54. And the median was 101.62.

IST:CEOEM's Days Payable is ranked better than
70.31% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs IST:CEOEM: 82.11

CEO Event Medya AS's Days Payable declined from Mar. 2025 (364.97) to Mar. 2026 (183.96). It may suggest that CEO Event Medya AS accelerated paying its suppliers.


CEO Event Medya AS Days Payable Historical Data

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The historical data trend for CEO Event Medya 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.

CEO Event Medya AS Days Payable Chart

CEO Event Medya AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.48 27.54 97.24 106.00 73.16

CEO Event Medya AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 364.97 38.28 203.24 208.10 183.96

IST:CEOEM vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, CEO Event Medya 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.


CEO Event Medya AS Days Payable vs Business Services Industry

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

* The bar in red indicates where CEO Event Medya AS's Days Payable falls into.


IST:CEOEM
82GF Score
CEO Event Medya AS IST:CEOEM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CEO Event Medya 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.

CEO Event Medya AS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (174.931 + 156.627) / 2 ) / 827.115*365
=165.779 / 827.115*365
=73.16

CEO Event Medya 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (156.627 + 38.192) / 2 ) / 48.319*365 / 4
=97.4095 / 48.319*365 / 4
=183.96

* 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 183.96 mean?
CEO Event Medya AS (IST:CEOEM) has a Days Payable of 183.96 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 CEO Event Medya AS and its competitors. This is 81% above median its historical median of 101.62. Over the past decade, CEO Event Medya AS's Days Payable has ranged from 27.54 to 126.93. According to the industry distribution chart, CEO Event Medya AS ranks #280 out of 943 companies in the Business Services industry, placing it in the top 29.7%.
Is CEO Event Medya AS's Days Payable too high?
CEO Event Medya AS's current Days Payable of 183.96 is 81% above median its 10-year median of 101.62. Over the past 10 years, this metric has ranged from a low of 27.54 to a high of 126.93. The Business Services industry median Days Payable is 46.92. CEO Event Medya AS's value of 183.96 is 292.1% above this industry median. Based on the distribution chart, CEO Event Medya AS ranks #280 out of 943 companies in the Business Services industry, which is above the industry midpoint. Overall, CEO Event Medya AS has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEO Event Medya AS's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, CEO Event Medya AS ranks #280 out of 943 companies for Days Payable. This puts CEO Event Medya AS in the upper half of its industry. The industry median Days Payable is 46.92. CEO Event Medya AS's value of 183.96 is 292.1% above this benchmark. Historically, CEO Event Medya AS's own Days Payable has ranged from 27.54 to 126.93 over the past decade. While the company's 10-year median is 101.62 vs. the industry median of 46.92, CEO Event Medya 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. CEO Event Medya AS's current Days Payable of 183.96 is 292.1% 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 CEO Event Medya AS and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEO Event Medya AS's current Days Payable is 183.96, which is 81% above median its own 10-year median of 101.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEO Event Medya AS stock overvalued right now?
Based on GuruFocus' analysis, CEO Event Medya AS (IST:CEOEM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺30.15, compared to a current price of ₺27.00 — trading 10.4% below its estimated fair value. The current Days Payable is 183.96, which is 81% above median its 10-year median of 101.62 and 292.1% above the Business Services industry median of 46.92. CEO Event Medya AS's overall GF Score™ is 82/100 with 1 warning sign 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 CEO Event Medya AS (IST:CEOEM), the current Days Payable is 183.96 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 CEO Event Medya AS (IST:CEOEM) Overvalued in 2026?

Based on GuruFocus' analysis, CEO Event Medya AS stock appears to be undervalued. The current stock price of ₺27.00 is trading 10.4% below its estimated GF Value™ of ₺30.15. GuruFocus considers CEO Event Medya AS to be Modestly Undervalued.

Key valuation signals for IST:CEOEM:

  • Days Payable: 183.96 (81% above median its 10-year median of 101.62)
  • GF Value™: ₺30.15 vs. price of ₺27.00 (10.4% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 292.1% above the Business Services median (#280 of 943)

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


CEO Event Medya AS Business Description

Address Koza Business Center B-Blok 12/17, Balmumcu Mh. Morbasan Sk., Besiktas, Istanbul, TUR
CEO Event Medya AS is a Turkey based company involved in the event management business. It focuses on the six main dimensions of event management which are Congress, Sports, Entertainment, Fair, Design and Corporate areas.
82GF Score

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

₺27.00
Price
₺30.15
GF Value