Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) Days Payable: 61.37 (As of Mar. 2026) — 56% Above Median


IST:FLAP Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS IST:FLAP
58 GF Score
Price ₺11.20
GF Value ₺9.80
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Days Payable?

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS IST:FLAP -5.80% 58 Days Payable is 61.37 as of Mar. 2026, which is 56% above its 10-year median of 39.38. GuruFocus rates IST:FLAP with a GF Score™ of 58/100 and a GF Value™ of ₺9.80 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 781 Travel & Leisure companies, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks worse than 77.59% on this metric.

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺21.6 Mil. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺32.1 Mil. Hence, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Days Payable for the three months ended in Mar. 2026 was 61.37.

The historical rank and industry rank for Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Days Payable or its related term are showing as below:

IST:FLAP' s Days Payable Range Over the Past 10 Years
Min: 24.33   Med: 39.38   Max: 241.11
Current: 24.33

During the past 13 years, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's highest Days Payable was 241.11. The lowest was 24.33. And the median was 39.38.

IST:FLAP's Days Payable is ranked worse than
77.59% of 781 companies
in the Travel & Leisure industry
Industry Median: 56.37 vs IST:FLAP: 24.33

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Days Payable increased from Mar. 2025 (53.70) to Mar. 2026 (61.37). It may suggest that Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS delayed paying its suppliers.


Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Days Payable Related Terms


Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Days Payable Historical Data

* Premium members only.

The historical data trend for Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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.

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Days Payable Chart

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 43.55 29.05 28.54 28.22 35.20

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 53.70 20.88 75.64 9.46 61.37

IST:FLAP vs BKNG, ABNB, RCL: Days Payable Comparison

For the Travel Services subindustry, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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.


Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Days Payable falls into.


IST:FLAP
58GF Score
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS IST:FLAP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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.

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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
=( (36.851 + 16.035) / 2 ) / 274.226*365
=26.443 / 274.226*365
=35.20

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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
=( (16.035 + 27.156) / 2 ) / 32.112*365 / 4
=21.5955 / 32.112*365 / 4
=61.37

* 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 61.37 mean?
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) has a Days Payable of 61.37 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 Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS and its competitors. This is 56% above median its historical median of 39.38. Over the past decade, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Days Payable has ranged from 24.33 to 241.11. According to the industry distribution chart, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks #606 out of 781 companies in the Travel & Leisure industry, placing it in the top 77.6%.
Is Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Days Payable too high?
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current Days Payable of 61.37 is 56% above median its 10-year median of 39.38. Over the past 10 years, this metric has ranged from a low of 24.33 to a high of 241.11. The Travel & Leisure industry median Days Payable is 56.37. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's value of 61.37 is 8.9% above this industry median. Based on the distribution chart, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks #606 out of 781 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Days Payable compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks #606 out of 781 companies for Days Payable. This places Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS in the lower half of its industry. The industry median Days Payable is 56.37. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's value of 61.37 is 8.9% above this benchmark. Historically, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's own Days Payable has ranged from 24.33 to 241.11 over the past decade. While the company's 10-year median is 39.38 vs. the industry median of 56.37, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.37, based on 781 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. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current Days Payable of 61.37 is 8.9% 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 Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current Days Payable is 61.37, which is 56% above median its own 10-year median of 39.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS stock overvalued right now?
Based on GuruFocus' analysis, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺9.80, compared to a current price of ₺11.20 — trading 14.3% above its estimated fair value. The current Days Payable is 61.37, which is 56% above median its 10-year median of 39.38 and 8.9% above the Travel & Leisure industry median of 56.37. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's overall GF Score™ is 58/100 with 4 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 Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP), the current Days Payable is 61.37 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 Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) Overvalued in 2026?

Based on GuruFocus' analysis, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS stock appears to be overvalued. The current stock price of ₺11.20 is trading 14.3% above its estimated GF Value™ of ₺9.80. GuruFocus considers Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS to be Modestly Overvalued.

Key valuation signals for IST:FLAP:

  • Days Payable: 61.37 (56% above median its 10-year median of 39.38)
  • GF Value™: ₺9.80 vs. price of ₺11.20 (14.3% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 8.9% above the Travel & Leisure median (#606 of 781)

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


Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Business Description

Address Podgoritsa Caddesi Number 1 Birlik, Cankaya, Ankara, TUR
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS is a Turkey-based company engaged in travel and tourism business. It is involved in planning and organizing events considering the developments and trends in all fields of the tourism industry.
58GF Score

Get the complete analysis for IST:FLAP

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

₺11.20
Price
₺9.80
GF Value