Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) Days Payable: 15.24 (As of Mar. 2026) — 77% Below Median

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IST:DZGYO Deniz Gayrimenkul Yatirim Ortakligi AS IST:DZGYO
44 GF Score
Price ₺8.19
GF Value ₺1.09
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Deniz Gayrimenkul Yatirim Ortakligi AS Days Payable?

Deniz Gayrimenkul Yatirim Ortakligi AS IST:DZGYO +0.24% 44 Days Payable is 15.24 as of Mar. 2026, which is 77% below its 10-year median of 67.63. GuruFocus rates IST:DZGYO with a GF Score™ of 44/100 and a GF Value™ of ₺1.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 547 REITs companies, Deniz Gayrimenkul Yatirim Ortakligi AS ranks worse than 84.83% on this metric.

Deniz Gayrimenkul Yatirim Ortakligi AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺3.4 Mil. Deniz Gayrimenkul Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺20.5 Mil. Hence, Deniz Gayrimenkul Yatirim Ortakligi AS's Days Payable for the three months ended in Mar. 2026 was 15.24.

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

IST:DZGYO' s Days Payable Range Over the Past 10 Years
Min: 3.82   Med: 67.63   Max: 451.6
Current: 25.01

During the past 13 years, Deniz Gayrimenkul Yatirim Ortakligi AS's highest Days Payable was 451.60. The lowest was 3.82. And the median was 67.63.

IST:DZGYO's Days Payable is ranked worse than
84.83% of 547 companies
in the REITs industry
Industry Median: 119.42 vs IST:DZGYO: 25.01

Deniz Gayrimenkul Yatirim Ortakligi AS's Days Payable increased from Mar. 2025 (14.31) to Mar. 2026 (15.24). It may suggest that Deniz Gayrimenkul Yatirim Ortakligi AS delayed paying its suppliers.


Deniz Gayrimenkul Yatirim Ortakligi AS Days Payable Related Terms


Deniz Gayrimenkul Yatirim Ortakligi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Deniz Gayrimenkul Yatirim Ortakligi 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.

Deniz Gayrimenkul Yatirim Ortakligi AS Days Payable Chart

Deniz Gayrimenkul Yatirim Ortakligi 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 261.64 75.96 59.30 3.82 12.74

Deniz Gayrimenkul Yatirim Ortakligi 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 14.31 80.66 88.66 2.61 15.24

IST:DZGYO vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, Deniz Gayrimenkul Yatirim Ortakligi 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.


Deniz Gayrimenkul Yatirim Ortakligi AS Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Deniz Gayrimenkul Yatirim Ortakligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Deniz Gayrimenkul Yatirim Ortakligi AS's Days Payable falls into.


IST:DZGYO
44GF Score
Deniz Gayrimenkul Yatirim Ortakligi AS IST:DZGYO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deniz Gayrimenkul Yatirim Ortakligi 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.

Deniz Gayrimenkul Yatirim Ortakligi 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
=( (3.648 + 0.668) / 2 ) / 61.813*365
=2.158 / 61.813*365
=12.74

Deniz Gayrimenkul Yatirim Ortakligi 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
=( (0.668 + 6.192) / 2 ) / 20.54*365 / 4
=3.43 / 20.54*365 / 4
=15.24

* 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 15.24 mean?
Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) has a Days Payable of 15.24 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 Deniz Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 77% below median its historical median of 67.63. Over the past decade, Deniz Gayrimenkul Yatirim Ortakligi AS's Days Payable has ranged from 3.82 to 451.60. According to the industry distribution chart, Deniz Gayrimenkul Yatirim Ortakligi AS ranks #464 out of 547 companies in the REITs industry, placing it in the top 84.8%.
Is Deniz Gayrimenkul Yatirim Ortakligi AS's Days Payable too high?
Deniz Gayrimenkul Yatirim Ortakligi AS's current Days Payable of 15.24 is 77% below median its 10-year median of 67.63. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 451.60. The REITs industry median Days Payable is 119.42. Deniz Gayrimenkul Yatirim Ortakligi AS's value of 15.24 is 87.2% below this industry median. Based on the distribution chart, Deniz Gayrimenkul Yatirim Ortakligi AS ranks #464 out of 547 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Deniz Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deniz Gayrimenkul Yatirim Ortakligi AS's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Deniz Gayrimenkul Yatirim Ortakligi AS ranks #464 out of 547 companies for Days Payable. This places Deniz Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Days Payable is 119.42. Deniz Gayrimenkul Yatirim Ortakligi AS's value of 15.24 is 87.2% below this benchmark. Historically, Deniz Gayrimenkul Yatirim Ortakligi AS's own Days Payable has ranged from 3.82 to 451.60 over the past decade. While the company's 10-year median is 67.63 vs. the industry median of 119.42, Deniz Gayrimenkul Yatirim Ortakligi AS 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 REITs company?
The median Days Payable among REITs companies is 119.42, based on 547 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. Deniz Gayrimenkul Yatirim Ortakligi AS's current Days Payable of 15.24 is 87.2% 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 Deniz Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Days Payable is 119.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deniz Gayrimenkul Yatirim Ortakligi AS's current Days Payable is 15.24, which is 77% below median its own 10-year median of 67.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deniz Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺1.09, compared to a current price of ₺8.19 — trading 651.4% above its estimated fair value. The current Days Payable is 15.24, which is 77% below median its 10-year median of 67.63 and 87.2% below the REITs industry median of 119.42. Deniz Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 44/100 with 5 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 Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO), the current Days Payable is 15.24 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 Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Deniz Gayrimenkul Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺8.19 is trading 651.4% above its estimated GF Value™ of ₺1.09. GuruFocus considers Deniz Gayrimenkul Yatirim Ortakligi AS to be Significantly Overvalued.

Key valuation signals for IST:DZGYO:

  • Days Payable: 15.24 (77% below median its 10-year median of 67.63)
  • GF Value™: ₺1.09 vs. price of ₺8.19 (651.4% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 87.2% below the REITs median (#464 of 547)

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


Deniz Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Buyukdere Caddesi No.106, Esentepe, Istanbul, TUR, 34394
Deniz Gayrimenkul Yatirim Ortakligi AS operates as a capital market institution. The company exports its shares to operate its portfolio consisting of real estates, real estate projects, real estate based rights, capital market instruments and other assets. Its portfolio of investments includes Bahcesehir shopping mall, Goksu shopping mall, Metrokent center shopping mall, Metrokent education buildings, and Karakoy building.
44GF Score

Get the complete analysis for IST:DZGYO

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

₺8.19
Price
₺1.09
GF Value