Cosmos Yatirim Holding AS (IST:COSMO) Days Payable: 69.78 (As of Sep. 2024)


IST:COSMO Cosmos Yatirim Holding AS IST:COSMO
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Price ₺141.30
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What is Cosmos Yatirim Holding AS Days Payable?

Cosmos Yatirim Holding AS IST:COSMO +0.93% 5 Days Payable is 69.78 as of Sep. 2024. GuruFocus rates IST:COSMO with a GF Score™ of 5/100.

Cosmos Yatirim Holding AS's average Accounts Payable for the three months ended in Sep. 2024 was ₺115.9 Mil. Cosmos Yatirim Holding AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺151.5 Mil. Hence, Cosmos Yatirim Holding AS's Days Payable for the three months ended in Sep. 2024 was 69.78.

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

IST:COSMO's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 70.53
* Ranked among companies with meaningful Days Payable only.

Cosmos Yatirim Holding AS's Days Payable increased from Sep. 2023 (31.79) to Sep. 2024 (69.78). It may suggest that Cosmos Yatirim Holding AS delayed paying its suppliers.

Cosmos Yatirim Holding AS Days Payable Historical Data

* Premium members only.

The historical data trend for Cosmos Yatirim Holding 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.

Cosmos Yatirim Holding AS Days Payable Chart

Cosmos Yatirim Holding AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.13 26.18 19.33 26.41 56.43

Cosmos Yatirim Holding AS Quarterly Data
Sep18 Dec18 Mar19 Jun19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 31.79 563.99 154.86 92.10 69.78

IST:COSMO vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Cosmos Yatirim Holding 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.

Cosmos Yatirim Holding AS Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Cosmos Yatirim Holding AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Cosmos Yatirim Holding AS's Days Payable falls into.


IST:COSMO
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Cosmos Yatirim Holding AS IST:COSMO
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Cosmos Yatirim Holding 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.

Cosmos Yatirim Holding AS's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (18.462 + 68.734) / 2 ) / 282.022*365
=43.598 / 282.022*365
=56.43

Cosmos Yatirim Holding AS's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (88.016 + 143.697) / 2 ) / 151.495*365 / 4
=115.8565 / 151.495*365 / 4
=69.78

* 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 69.78 mean?
Cosmos Yatirim Holding AS (IST:COSMO) has a Days Payable of 69.78 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cosmos Yatirim Holding AS and its competitors.
Is Cosmos Yatirim Holding AS's Days Payable too high?
Cosmos Yatirim Holding AS's current Days Payable is 69.78. The Asset Management industry median Days Payable is 70.53. Cosmos Yatirim Holding AS's value of 69.78 is 1.1% below this industry median. Overall, Cosmos Yatirim Holding AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Cosmos Yatirim Holding AS's Days Payable compare to BLK and BX?
Cosmos Yatirim Holding AS's Days Payable of 69.78 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.53. Cosmos Yatirim Holding AS's value of 69.78 is 1.1% below this benchmark. 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 Asset Management company?
The median Days Payable among Asset Management companies is 70.53, based on 482 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. Cosmos Yatirim Holding AS's current Days Payable of 69.78 is 1.1% 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 Cosmos Yatirim Holding AS and its competitors. For the Asset Management industry, the median Days Payable is 70.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cosmos Yatirim Holding AS's current Days Payable is 69.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosmos Yatirim Holding AS stock overvalued right now?
Cosmos Yatirim Holding AS (IST:COSMO) has a current Days Payable of 69.78. The current Days Payable is 69.78 and 1.1% below the Asset Management industry median of 70.53. Cosmos Yatirim Holding AS's overall GF Score™ is 5/100. 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 Cosmos Yatirim Holding AS (IST:COSMO), the current Days Payable is 69.78 as of Sep. 2024. 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.

Cosmos Yatirim Holding AS Business Description

Address Tekstilkent Street A, Block No: 12/B Inner Door No: 161, Oruçreis District, Esenler, Istanbul, TUR
Cosmos Yatirim Holding AS is an investment company that operates based on capital market instruments. The company operates in two division namely petroleum and petroleum derivatives products and Purchase and sale of paintings, sculptures and similar art works and commercial activities.
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