CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Days Payable: 74.24 (As of Mar. 2026) — 15% Above Median


IST:CVKMD CVK Maden Isletmeleri Sanayi ve Ticaret IST:CVKMD
68 GF Score
Price ₺38.84
GF Value ₺14.91
Valuation Significantly Overvalued
! 9 Warning Signs
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What is CVK Maden Isletmelerinayi ve Ticaret Days Payable?

CVK Maden Isletmelerinayi ve Ticaret IST:CVKMD -3.53% 68 Days Payable is 74.24 as of Mar. 2026, which is 15% above its 10-year median of 64.60. GuruFocus rates IST:CVKMD with a GF Score™ of 68/100 and a GF Value™ of ₺14.91 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,064 Metals & Mining companies, CVK Maden Isletmelerinayi ve Ticaret ranks worse than 64.19% on this metric.

CVK Maden Isletmelerinayi ve Ticaret's average Accounts Payable for the three months ended in Mar. 2026 was ₺379 Mil. CVK Maden Isletmelerinayi ve Ticaret's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺466 Mil. Hence, CVK Maden Isletmelerinayi ve Ticaret's Days Payable for the three months ended in Mar. 2026 was 74.24.

The historical rank and industry rank for CVK Maden Isletmelerinayi ve Ticaret's Days Payable or its related term are showing as below:

IST:CVKMD' s Days Payable Range Over the Past 10 Years
Min: 26.08   Med: 64.6   Max: 90.61
Current: 68.17

During the past 6 years, CVK Maden Isletmelerinayi ve Ticaret's highest Days Payable was 90.61. The lowest was 26.08. And the median was 64.60.

IST:CVKMD's Days Payable is ranked worse than
64.19% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs IST:CVKMD: 68.17

CVK Maden Isletmelerinayi ve Ticaret's Days Payable declined from Mar. 2025 (78.97) to Mar. 2026 (74.24). It may suggest that CVK Maden Isletmelerinayi ve Ticaret accelerated paying its suppliers.


CVK Maden Isletmelerinayi ve Ticaret Days Payable Related Terms


CVK Maden Isletmelerinayi ve Ticaret Days Payable Historical Data

* Premium members only.

The historical data trend for CVK Maden Isletmelerinayi ve Ticaret'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.

CVK Maden Isletmelerinayi ve Ticaret Days Payable Chart

CVK Maden Isletmelerinayi ve Ticaret Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 43.37 26.08 90.61 81.82 75.33

CVK Maden Isletmelerinayi ve Ticaret Quarterly Data
Dec20 Dec21 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 78.97 80.64 66.79 53.36 74.24

CVK Maden Isletmelerinayi ve Ticaret Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, CVK Maden Isletmelerinayi ve Ticaret'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.


CVK Maden Isletmelerinayi ve Ticaret Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CVK Maden Isletmelerinayi ve Ticaret's Days Payable distribution charts can be found below:

* The bar in red indicates where CVK Maden Isletmelerinayi ve Ticaret's Days Payable falls into.


IST:CVKMD
68GF Score
CVK Maden Isletmeleri Sanayi ve Ticaret IST:CVKMD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CVK Maden Isletmelerinayi ve Ticaret 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.

CVK Maden Isletmelerinayi ve Ticaret'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
=( (567.116 + 408.581) / 2 ) / 2363.76*365
=487.8485 / 2363.76*365
=75.33

CVK Maden Isletmelerinayi ve Ticaret'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
=( (408.581 + 349.993) / 2 ) / 466.208*365 / 4
=379.287 / 466.208*365 / 4
=74.24

* 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 74.24 mean?
CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) has a Days Payable of 74.24 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 CVK Maden Isletmelerinayi ve Ticaret and its competitors. This is 15% above median its historical median of 64.60. Over the past decade, CVK Maden Isletmelerinayi ve Ticaret's Days Payable has ranged from 26.08 to 90.61. According to the industry distribution chart, CVK Maden Isletmelerinayi ve Ticaret ranks #683 out of 1064 companies in the Metals & Mining industry, placing it in the top 64.2%.
Is CVK Maden Isletmelerinayi ve Ticaret's Days Payable too high?
CVK Maden Isletmelerinayi ve Ticaret's current Days Payable of 74.24 is 15% above median its 10-year median of 64.60. Over the past 10 years, this metric has ranged from a low of 26.08 to a high of 90.61. The Metals & Mining industry median Days Payable is 126.89. CVK Maden Isletmelerinayi ve Ticaret's value of 74.24 is 41.5% below this industry median. Based on the distribution chart, CVK Maden Isletmelerinayi ve Ticaret ranks #683 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, CVK Maden Isletmelerinayi ve Ticaret has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CVK Maden Isletmelerinayi ve Ticaret's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, CVK Maden Isletmelerinayi ve Ticaret ranks #683 out of 1064 companies for Days Payable. This places CVK Maden Isletmelerinayi ve Ticaret in the lower half of its industry. The industry median Days Payable is 126.89. CVK Maden Isletmelerinayi ve Ticaret's value of 74.24 is 41.5% below this benchmark. Historically, CVK Maden Isletmelerinayi ve Ticaret's own Days Payable has ranged from 26.08 to 90.61 over the past decade. While the company's 10-year median is 64.60 vs. the industry median of 126.89, CVK Maden Isletmelerinayi ve Ticaret 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 a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 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. CVK Maden Isletmelerinayi ve Ticaret's current Days Payable of 74.24 is 41.5% 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 CVK Maden Isletmelerinayi ve Ticaret and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVK Maden Isletmelerinayi ve Ticaret's current Days Payable is 74.24, which is 15% above median its own 10-year median of 64.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVK Maden Isletmelerinayi ve Ticaret stock overvalued right now?
Based on GuruFocus' analysis, CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺14.91, compared to a current price of ₺38.84 — trading 160.5% above its estimated fair value. The current Days Payable is 74.24, which is 15% above median its 10-year median of 64.60 and 41.5% below the Metals & Mining industry median of 126.89. CVK Maden Isletmelerinayi ve Ticaret's overall GF Score™ is 68/100 with 9 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 CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD), the current Days Payable is 74.24 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 CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Overvalued in 2026?

Based on GuruFocus' analysis, CVK Maden Isletmelerinayi ve Ticaret stock appears to be overvalued. The current stock price of ₺38.84 is trading 160.5% above its estimated GF Value™ of ₺14.91. GuruFocus considers CVK Maden Isletmelerinayi ve Ticaret to be Significantly Overvalued.

Key valuation signals for IST:CVKMD:

  • Days Payable: 74.24 (15% above median its 10-year median of 64.60)
  • GF Value™: ₺14.91 vs. price of ₺38.84 (160.5% above fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 41.5% below the Metals & Mining median (#683 of 1064)

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


CVK Maden Isletmelerinayi ve Ticaret Business Description

Address Muallim Naci Caddesi No: 105/B Besiktas, Kurucesme Mahallesi, Istanbul, TUR, 34353
CVK Maden Isletmeleri Sanayi ve Ticaret engages in manufacturing and fully exporting concentrated and lumpy chromite ore, concentrated lead-zinc, copper and silver ore products, and marble and travertine natural stone products. Its products comprise Lead Concentrate, Chrome Concentrate, Zinc Concentrate, and Gold.
68GF Score

Get the complete analysis for IST:CVKMD

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

₺38.84
Price
₺14.91
GF Value