Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Days Payable : 9.69 (As of Dec. 2023)

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What is Dofer Yapi Malzemelerinayi ve Ticaret AS Days Payable?

Dofer Yapi Malzemelerinayi ve Ticaret AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺120 Mil. Dofer Yapi Malzemelerinayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺1,128 Mil. Hence, Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Payable for the three months ended in Dec. 2023 was 9.69.

The historical rank and industry rank for Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:DOFER' s Days Payable Range Over the Past 10 Years
Min: 20.82 Med: 25.81 Max: 38.76
Current: 31.43

During the past 4 years, Dofer Yapi Malzemelerinayi ve Ticaret AS's highest Days Payable was 38.76. The lowest was 20.82. And the median was 25.81.

IST:DOFER's Days Payable is ranked worse than
64.16% of 586 companies
in the Steel industry
Industry Median: 41.325 vs IST:DOFER: 31.43

Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Payable increased from Sep. 2022 (0.00) to Dec. 2023 (9.69). It may suggest that Dofer Yapi Malzemelerinayi ve Ticaret AS delayed paying its suppliers.

Dofer Yapi Malzemelerinayi ve Ticaret AS Days Payable Historical Data

The historical data trend for Dofer Yapi Malzemelerinayi ve Ticaret 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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Dofer Yapi Malzemelerinayi ve Ticaret AS Days Payable Chart

Dofer Yapi Malzemelerinayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

38.76

23.55

20.82

28.07

Dofer Yapi Malzemelerinayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial			-	13.02	-	19.29	9.69

Competitive Comparison of Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Payable

For the Steel subindustry, Dofer Yapi Malzemelerinayi ve Ticaret 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.

Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Payable falls into.

Dofer Yapi Malzemelerinayi ve Ticaret 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.

Dofer Yapi Malzemelerinayi ve Ticaret 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
=	( (255.729	+	94.547)	/	2 )	/	2277.594	*	365
=	175.138					/	2277.594	*	365
=	28.07

Dofer Yapi Malzemelerinayi ve Ticaret AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (145.043	+	94.547)	/	2 )	/	1127.619	*	365 / 4
=	119.795					/	1127.619	*	365 / 4
=	9.69

Dofer Yapi Malzemelerinayi ve Ticaret AS Days Payable Related Terms

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Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dofer Yapi Malzemeleri Sanayi ve Ticaret AS (IST:DOFER) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Turgut Özal 2, Bulvar? No:34 Dofer Plaza, Alt?nda? / ANKARA, Istanbul, TUR

Website

https://www.dofer.com.tr

Dofer Yapi Malzemeleri Sanayi ve Ticaret AS is engaged in trade of reinforcing bar, as well as production of wire mesh & pre-cut rebar.

Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Headlines

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