Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) Days Payable: 4.79 (As of Mar. 2025)


IST:ERBOS Erbosan Erciyas Boru Sanayii ve Ticaret AS IST:ERBOS
80 GF Score
Price ₺168.80
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What is Erbosan Erciyas Borunayii ve Ticaret AS Days Payable?

Erbosan Erciyas Borunayii ve Ticaret AS IST:ERBOS -1.57% 80 Days Payable is 4.79 as of Mar. 2025. GuruFocus rates IST:ERBOS with a GF Score™ of 80/100.

Erbosan Erciyas Borunayii ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2025 was ₺50 Mil. Erbosan Erciyas Borunayii ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2025 was ₺957 Mil. Hence, Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable for the three months ended in Mar. 2025 was 4.79.

The historical rank and industry rank for Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable or its related term are showing as below:

IST:ERBOS's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.08
* Ranked among companies with meaningful Days Payable only.

Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable declined from Mar. 2024 (13.34) to Mar. 2025 (4.79). It may suggest that Erbosan Erciyas Borunayii ve Ticaret AS accelerated paying its suppliers.


Erbosan Erciyas Borunayii ve Ticaret AS Days Payable Related Terms


Erbosan Erciyas Borunayii ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Erbosan Erciyas Borunayii 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.

Erbosan Erciyas Borunayii ve Ticaret AS Days Payable Chart

Erbosan Erciyas Borunayii ve Ticaret AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.33 6.42 2.32 10.25 12.56

Erbosan Erciyas Borunayii ve Ticaret AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 13.34 27.90 16.62 2.71 4.79

IST:ERBOS vs ATI, CRS, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Erbosan Erciyas Borunayii 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.


Erbosan Erciyas Borunayii ve Ticaret AS Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable falls into.


IST:ERBOS
80GF Score
Erbosan Erciyas Boru Sanayii ve Ticaret AS IST:ERBOS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Erbosan Erciyas Borunayii 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.

Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (233.205 + 43.976) / 2 ) / 4028.448*365
=138.5905 / 4028.448*365
=12.56

Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (43.976 + 56.449) / 2 ) / 957.385*365 / 4
=50.2125 / 957.385*365 / 4
=4.79

* 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 4.79 mean?
Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) has a Days Payable of 4.79 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Erbosan Erciyas Borunayii ve Ticaret AS and its competitors.
Is Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable too high?
Erbosan Erciyas Borunayii ve Ticaret AS's current Days Payable is 4.79. The Industrial Products industry median Days Payable is 78.08. Erbosan Erciyas Borunayii ve Ticaret AS's value of 4.79 is 93.9% below this industry median. Overall, Erbosan Erciyas Borunayii ve Ticaret AS has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable compare to ATI and CRS?
Erbosan Erciyas Borunayii ve Ticaret AS's Days Payable of 4.79 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.08. Erbosan Erciyas Borunayii ve Ticaret AS's value of 4.79 is 93.9% 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,993 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. Erbosan Erciyas Borunayii ve Ticaret AS's current Days Payable of 4.79 is 93.9% 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 Erbosan Erciyas Borunayii ve Ticaret AS and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erbosan Erciyas Borunayii ve Ticaret AS's current Days Payable is 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erbosan Erciyas Borunayii ve Ticaret AS stock overvalued right now?
Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) has a current Days Payable of 4.79. The current Days Payable is 4.79 and 93.9% below the Industrial Products industry median of 78.08. Erbosan Erciyas Borunayii ve Ticaret AS's overall GF Score™ is 80/100. 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 Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS), the current Days Payable is 4.79 as of Mar. 2025. 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.

Erbosan Erciyas Borunayii ve Ticaret AS Business Description

Address 895 Sokak PK.375, Anbar Mahallesi, Kayseri, TUR
Erbosan Erciyas Boru Sanayii ve Ticaret AS is a Turkey-based company engaged mainly in the business of manufacturing pipes. The product portfolio of the company includes Black Pipes, Galvanized Pipes, Hollow Sections, Gas and Line Pipes, Industrial Tubes and Sprinkler Pipes.
80GF Score

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