Erciyas Celik BorunayiIST:ERCB +2.01%24 Days Payable is 279.52 as of Mar. 2026, which is 100% above its 10-year median of 139.80. GuruFocus rates IST:ERCB with a GF Score™ of 24/100 and a GF Value™ of ₺91.64 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 599 Steel companies, Erciyas Celik Borunayi ranks better than 94.99% on this metric.
* 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.
IST:ERCB vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Erciyas Celik Borunayi'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.
Erciyas Celik Borunayi Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's Days Payable distribution charts can be found below:
* The bar in red indicates where Erciyas Celik Borunayi's Days Payable falls into.
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.
Erciyas Celik Borunayi's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Erciyas Celik Borunayi (IST:ERCB) has a Days Payable of 279.52 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 Erciyas Celik Borunayi and its competitors. This is 100% above median its historical median of 139.80. Over the past decade, Erciyas Celik Borunayi's Days Payable has ranged from 69.31 to 213.36. According to the industry distribution chart, Erciyas Celik Borunayi ranks #30 out of 599 companies in the Steel industry, placing it in the top 5%.
Is Erciyas Celik Borunayi's Days Payable too high?
Erciyas Celik Borunayi's current Days Payable of 279.52 is 100% above median its 10-year median of 139.80. Over the past 10 years, this metric has ranged from a low of 69.31 to a high of 213.36. The Steel industry median Days Payable is 41.39. Erciyas Celik Borunayi's value of 279.52 is 575.3% above this industry median. Based on the distribution chart, Erciyas Celik Borunayi ranks #30 out of 599 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Erciyas Celik Borunayi has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erciyas Celik Borunayi's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Erciyas Celik Borunayi ranks #30 out of 599 companies for Days Payable. This places Erciyas Celik Borunayi in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Erciyas Celik Borunayi's value of 279.52 is 575.3% above this benchmark. Historically, Erciyas Celik Borunayi's own Days Payable has ranged from 69.31 to 213.36 over the past decade. While the company's 10-year median is 139.80 vs. the industry median of 41.39, Erciyas Celik Borunayi has consistently been above 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 599 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. Erciyas Celik Borunayi's current Days Payable of 279.52 is 575.3% above 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 Erciyas Celik Borunayi and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erciyas Celik Borunayi's current Days Payable is 279.52, which is 100% above median its own 10-year median of 139.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erciyas Celik Borunayi stock overvalued right now?
Based on GuruFocus' analysis, Erciyas Celik Borunayi (IST:ERCB) is currently considered Possible Value Trap. The stock's GF Value™ is ₺91.64, compared to a current price of ₺49.76 — trading 45.7% below its estimated fair value. The current Days Payable is 279.52, which is 100% above median its 10-year median of 139.80 and 575.3% above the Steel industry median of 41.39. Erciyas Celik Borunayi's overall GF Score™ is 24/100 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 Erciyas Celik Borunayi (IST:ERCB), the current Days Payable is 279.52 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 Erciyas Celik Borunayi (IST:ERCB) Overvalued in 2026?
Based on GuruFocus' analysis, Erciyas Celik Borunayi stock appears to be undervalued.
The current stock price of ₺49.76 is trading 45.7% below its estimated GF Value™ of ₺91.64.
GuruFocus considers Erciyas Celik Borunayi to be Possible Value Trap.
Key valuation signals for IST:ERCB:
Days Payable: 279.52 (100% above median its 10-year median of 139.80)
GF Value™: ₺91.64 vs. price of ₺49.76 (45.7% below fair value)
Industry Position: 575.3% above the Steel median (#30 of 599)
No single metric tells the full story. See the IST:ERCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.
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