Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Days Payable: 92.46 (As of Mar. 2026) — Near Median


IST:CMENT Cimentas Izmir Cimento Fabrikasi Turk AS IST:CMENT
59 GF Score
Price ₺286.00
GF Value ₺379.38
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Cimentas Izmir Cimento Fabrikasi Turk AS Days Payable?

Cimentas Izmir Cimento Fabrikasi Turk AS IST:CMENT +2.33% 59 Days Payable is 92.46 as of Mar. 2026, which is 2% below its 10-year median of 94.51. GuruFocus rates IST:CMENT with a GF Score™ of 59/100 and a GF Value™ of ₺379.38 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 394 Building Materials companies, Cimentas Izmir Cimento Fabrikasi Turk AS ranks worse than 52.28% on this metric.

Cimentas Izmir Cimento Fabrikasi Turk AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺2,879 Mil. Cimentas Izmir Cimento Fabrikasi Turk AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺2,841 Mil. Hence, Cimentas Izmir Cimento Fabrikasi Turk AS's Days Payable for the three months ended in Mar. 2026 was 92.46.

The historical rank and industry rank for Cimentas Izmir Cimento Fabrikasi Turk AS's Days Payable or its related term are showing as below:

IST:CMENT' s Days Payable Range Over the Past 10 Years
Min: 50.41   Med: 94.51   Max: 110.29
Current: 68.09

During the past 13 years, Cimentas Izmir Cimento Fabrikasi Turk AS's highest Days Payable was 110.29. The lowest was 50.41. And the median was 94.51.

IST:CMENT's Days Payable is ranked worse than
52.28% of 394 companies
in the Building Materials industry
Industry Median: 69.765 vs IST:CMENT: 68.09

Cimentas Izmir Cimento Fabrikasi Turk AS's Days Payable increased from Mar. 2025 (64.54) to Mar. 2026 (92.46). It may suggest that Cimentas Izmir Cimento Fabrikasi Turk AS delayed paying its suppliers.


Cimentas Izmir Cimento Fabrikasi Turk AS Days Payable Related Terms


Cimentas Izmir Cimento Fabrikasi Turk AS Days Payable Historical Data

* Premium members only.

The historical data trend for Cimentas Izmir Cimento Fabrikasi Turk 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.

Cimentas Izmir Cimento Fabrikasi Turk AS Days Payable Chart

Cimentas Izmir Cimento Fabrikasi Turk 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 109.65 50.41 60.26 65.61 84.38

Cimentas Izmir Cimento Fabrikasi Turk 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 64.54 57.80 63.74 67.56 92.46

IST:CMENT vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Cimentas Izmir Cimento Fabrikasi Turk 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.


Cimentas Izmir Cimento Fabrikasi Turk AS Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cimentas Izmir Cimento Fabrikasi Turk AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Cimentas Izmir Cimento Fabrikasi Turk AS's Days Payable falls into.


IST:CMENT
59GF Score
Cimentas Izmir Cimento Fabrikasi Turk AS IST:CMENT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cimentas Izmir Cimento Fabrikasi Turk 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.

Cimentas Izmir Cimento Fabrikasi Turk 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
=( (3103.124 + 3286.865) / 2 ) / 13820.775*365
=3194.9945 / 13820.775*365
=84.38

Cimentas Izmir Cimento Fabrikasi Turk 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
=( (3286.865 + 2471.399) / 2 ) / 2841.329*365 / 4
=2879.132 / 2841.329*365 / 4
=92.46

* 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 92.46 mean?
Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) has a Days Payable of 92.46 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 Cimentas Izmir Cimento Fabrikasi Turk AS and its competitors. This is near median its historical median of 94.51. Over the past decade, Cimentas Izmir Cimento Fabrikasi Turk AS's Days Payable has ranged from 50.41 to 110.29. According to the industry distribution chart, Cimentas Izmir Cimento Fabrikasi Turk AS ranks #206 out of 394 companies in the Building Materials industry, placing it in the top 52.3%.
Is Cimentas Izmir Cimento Fabrikasi Turk AS's Days Payable too high?
Cimentas Izmir Cimento Fabrikasi Turk AS's current Days Payable of 92.46 is near median its 10-year median of 94.51. Over the past 10 years, this metric has ranged from a low of 50.41 to a high of 110.29. The Building Materials industry median Days Payable is 69.77. Cimentas Izmir Cimento Fabrikasi Turk AS's value of 92.46 is 32.5% above this industry median. Based on the distribution chart, Cimentas Izmir Cimento Fabrikasi Turk AS ranks #206 out of 394 companies in the Building Materials industry, which is below the industry midpoint. Overall, Cimentas Izmir Cimento Fabrikasi Turk AS has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cimentas Izmir Cimento Fabrikasi Turk AS's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Cimentas Izmir Cimento Fabrikasi Turk AS ranks #206 out of 394 companies for Days Payable. This places Cimentas Izmir Cimento Fabrikasi Turk AS in the lower half of its industry. The industry median Days Payable is 69.77. Cimentas Izmir Cimento Fabrikasi Turk AS's value of 92.46 is 32.5% above this benchmark. Historically, Cimentas Izmir Cimento Fabrikasi Turk AS's own Days Payable has ranged from 50.41 to 110.29 over the past decade. While the company's 10-year median is 94.51 vs. the industry median of 69.77, Cimentas Izmir Cimento Fabrikasi Turk 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.77, based on 394 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. Cimentas Izmir Cimento Fabrikasi Turk AS's current Days Payable of 92.46 is 32.5% 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 Cimentas Izmir Cimento Fabrikasi Turk AS and its competitors. For the Building Materials industry, the median Days Payable is 69.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cimentas Izmir Cimento Fabrikasi Turk AS's current Days Payable is 92.46, which is near median its own 10-year median of 94.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cimentas Izmir Cimento Fabrikasi Turk AS stock overvalued right now?
Based on GuruFocus' analysis, Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺379.38, compared to a current price of ₺286.00 — trading 24.6% below its estimated fair value. The current Days Payable is 92.46, which is near median its 10-year median of 94.51 and 32.5% above the Building Materials industry median of 69.77. Cimentas Izmir Cimento Fabrikasi Turk AS's overall GF Score™ is 59/100 with 2 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 Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT), the current Days Payable is 92.46 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 Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Overvalued in 2026?

Based on GuruFocus' analysis, Cimentas Izmir Cimento Fabrikasi Turk AS stock appears to be undervalued. The current stock price of ₺286.00 is trading 24.6% below its estimated GF Value™ of ₺379.38. GuruFocus considers Cimentas Izmir Cimento Fabrikasi Turk AS to be Modestly Undervalued.

Key valuation signals for IST:CMENT:

  • Days Payable: 92.46 (near median its 10-year median of 94.51)
  • GF Value™: ₺379.38 vs. price of ₺286.00 (24.6% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 32.5% above the Building Materials median (#206 of 394)

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


Cimentas Izmir Cimento Fabrikasi Turk AS Business Description

Address Egemenlik Mah, Eski Kemalpasa, Caddesi No: 4B, Isikkent Bornova, Izmir, TUR, 35070
Cimentas Izmir Cimento Fabrikasi Turk AS is specialized in the production and distribution of grey and white cement, ready-mixed concrete, aggregates and concrete products. It is also active in the management of urban and industrial waste. It's main segments are cement, aggregate, ready-mixed concrete and waste management. It obtains revenue from the sale of ready-mixed concrete and bulk and bagged cement. Cimentas Izmir Cimento Fabrikasi Turk AS is now present in 18 countries across 5 continents.
59GF Score

Get the complete analysis for IST:CMENT

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

₺286.00
Price
₺379.38
GF Value