Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) Days Payable : 0.69 (As of Sep. 2023)

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What is Euro Menkul Kiymet Yatirim Ortakligi AS Days Payable?

Euro Menkul Kiymet Yatirim Ortakligi AS's average Accounts Payable for the three months ended in Sep. 2023 was ₺0.07 Mil. Euro Menkul Kiymet Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺8.64 Mil. Hence, Euro Menkul Kiymet Yatirim Ortakligi AS's Days Payable for the three months ended in Sep. 2023 was 0.69.

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

IST:EUYO' s Days Payable Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.73
Current: 0.3

During the past 13 years, Euro Menkul Kiymet Yatirim Ortakligi AS's highest Days Payable was 0.73. The lowest was 0.01. And the median was 0.11.

IST:EUYO's Days Payable is ranked worse than
99.14% of 467 companies
in the Asset Management industry
Industry Median: 69.15 vs IST:EUYO: 0.30

Euro Menkul Kiymet Yatirim Ortakligi AS's Days Payable declined from Sep. 2022 (3.21) to Sep. 2023 (0.69). It may suggest that Euro Menkul Kiymet Yatirim Ortakligi AS accelerated paying its suppliers.

Euro Menkul Kiymet Yatirim Ortakligi AS Days Payable Historical Data

The historical data trend for Euro Menkul Kiymet 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.

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Euro Menkul Kiymet Yatirim Ortakligi AS Days Payable Chart

Euro Menkul Kiymet Yatirim Ortakligi AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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0.02

0.08

0.10

0.08

0.28

Euro Menkul Kiymet Yatirim Ortakligi AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															3.21	0.08	1.83	1.33	0.69

Competitive Comparison of Euro Menkul Kiymet Yatirim Ortakligi AS's Days Payable

For the Asset Management subindustry, Euro Menkul Kiymet 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.

Euro Menkul Kiymet Yatirim Ortakligi AS's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Euro Menkul Kiymet Yatirim Ortakligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Euro Menkul Kiymet Yatirim Ortakligi AS's Days Payable falls into.

Euro Menkul Kiymet 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.

Euro Menkul Kiymet Yatirim Ortakligi AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.042	+	0.038)	/	2 )	/	52.99	*	365
=	0.04					/	52.99	*	365
=	0.28

Euro Menkul Kiymet Yatirim Ortakligi AS's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.078	+	0.053)	/	2 )	/	8.642	*	365 / 4
=	0.0655					/	8.642	*	365 / 4
=	0.69

Euro Menkul Kiymet Yatirim Ortakligi AS Days Payable Related Terms

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Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ceyhun Kansu Street. No:66, Oguz Mahallesi Balgat, Ankara, TUR

Website

http://www.euroyatirimortakligi.com

Euro Menkul Kiymet Yatirim Ortakligi AS is engaged in establishing and managing partnership portfolios. It develops and manages a portfolio of capital market instruments, focusing on gold and other minerals.

Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) Headlines

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