Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Days Payable: 103.67 (As of Mar. 2026) — 26% Below Median


IST:FORMT Formet Metal Ve Cam Sanayi Anonim Sirketi IST:FORMT
62 GF Score
Price ₺2.19
GF Value ₺2.65
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Formet Metal Ve Camnayi Anonim Sirketi Days Payable?

Formet Metal Ve Camnayi Anonim Sirketi IST:FORMT -0.45% 62 Days Payable is 103.67 as of Mar. 2026, which is 26% below its 10-year median of 139.73. GuruFocus rates IST:FORMT with a GF Score™ of 62/100 and a GF Value™ of ₺2.65 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,715 Construction companies, Formet Metal Ve Camnayi Anonim Sirketi ranks better than 55.04% on this metric.

Formet Metal Ve Camnayi Anonim Sirketi's average Accounts Payable for the three months ended in Mar. 2026 was ₺171.0 Mil. Formet Metal Ve Camnayi Anonim Sirketi's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺150.5 Mil. Hence, Formet Metal Ve Camnayi Anonim Sirketi's Days Payable for the three months ended in Mar. 2026 was 103.67.

The historical rank and industry rank for Formet Metal Ve Camnayi Anonim Sirketi's Days Payable or its related term are showing as below:

IST:FORMT' s Days Payable Range Over the Past 10 Years
Min: 68.68   Med: 139.73   Max: 258.64
Current: 85.59

During the past 11 years, Formet Metal Ve Camnayi Anonim Sirketi's highest Days Payable was 258.64. The lowest was 68.68. And the median was 139.73.

IST:FORMT's Days Payable is ranked better than
55.04% of 1715 companies
in the Construction industry
Industry Median: 76.78 vs IST:FORMT: 85.59

Formet Metal Ve Camnayi Anonim Sirketi's Days Payable increased from Mar. 2025 (97.02) to Mar. 2026 (103.67). It may suggest that Formet Metal Ve Camnayi Anonim Sirketi delayed paying its suppliers.


Formet Metal Ve Camnayi Anonim Sirketi Days Payable Related Terms


Formet Metal Ve Camnayi Anonim Sirketi Days Payable Historical Data

* Premium members only.

The historical data trend for Formet Metal Ve Camnayi Anonim Sirketi'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.

Formet Metal Ve Camnayi Anonim Sirketi Days Payable Chart

Formet Metal Ve Camnayi Anonim Sirketi 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 161.83 121.06 124.28 94.53 68.68

Formet Metal Ve Camnayi Anonim Sirketi 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 97.02 98.59 66.19 67.45 103.67

IST:FORMT vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Formet Metal Ve Camnayi Anonim Sirketi'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.


Formet Metal Ve Camnayi Anonim Sirketi Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Formet Metal Ve Camnayi Anonim Sirketi's Days Payable distribution charts can be found below:

* The bar in red indicates where Formet Metal Ve Camnayi Anonim Sirketi's Days Payable falls into.


IST:FORMT
62GF Score
Formet Metal Ve Cam Sanayi Anonim Sirketi IST:FORMT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Formet Metal Ve Camnayi Anonim Sirketi 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.

Formet Metal Ve Camnayi Anonim Sirketi'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
=( (173.898 + 155.211) / 2 ) / 874.577*365
=164.5545 / 874.577*365
=68.68

Formet Metal Ve Camnayi Anonim Sirketi'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
=( (155.211 + 186.81) / 2 ) / 150.525*365 / 4
=171.0105 / 150.525*365 / 4
=103.67

* 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 103.67 mean?
Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) has a Days Payable of 103.67 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 Formet Metal Ve Camnayi Anonim Sirketi and its competitors. This is 26% below median its historical median of 139.73. Over the past decade, Formet Metal Ve Camnayi Anonim Sirketi's Days Payable has ranged from 68.68 to 258.64. According to the industry distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #771 out of 1715 companies in the Construction industry, placing it in the top 45%.
Is Formet Metal Ve Camnayi Anonim Sirketi's Days Payable too high?
Formet Metal Ve Camnayi Anonim Sirketi's current Days Payable of 103.67 is 26% below median its 10-year median of 139.73. Over the past 10 years, this metric has ranged from a low of 68.68 to a high of 258.64. The Construction industry median Days Payable is 76.78. Formet Metal Ve Camnayi Anonim Sirketi's value of 103.67 is 35% above this industry median. Based on the distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #771 out of 1715 companies in the Construction industry, which is above the industry midpoint. Overall, Formet Metal Ve Camnayi Anonim Sirketi has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formet Metal Ve Camnayi Anonim Sirketi's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #771 out of 1715 companies for Days Payable. This puts Formet Metal Ve Camnayi Anonim Sirketi in the upper half of its industry. The industry median Days Payable is 76.78. Formet Metal Ve Camnayi Anonim Sirketi's value of 103.67 is 35% above this benchmark. Historically, Formet Metal Ve Camnayi Anonim Sirketi's own Days Payable has ranged from 68.68 to 258.64 over the past decade. While the company's 10-year median is 139.73 vs. the industry median of 76.78, Formet Metal Ve Camnayi Anonim Sirketi 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 Construction company?
The median Days Payable among Construction companies is 76.78, based on 1,715 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. Formet Metal Ve Camnayi Anonim Sirketi's current Days Payable of 103.67 is 35% 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 Formet Metal Ve Camnayi Anonim Sirketi and its competitors. For the Construction industry, the median Days Payable is 76.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formet Metal Ve Camnayi Anonim Sirketi's current Days Payable is 103.67, which is 26% below median its own 10-year median of 139.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formet Metal Ve Camnayi Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺2.65, compared to a current price of ₺2.19 — trading 17.4% below its estimated fair value. The current Days Payable is 103.67, which is 26% below median its 10-year median of 139.73 and 35% above the Construction industry median of 76.78. Formet Metal Ve Camnayi Anonim Sirketi's overall GF Score™ is 62/100 with 6 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT), the current Days Payable is 103.67 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Overvalued in 2026?

Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi stock appears to be undervalued. The current stock price of ₺2.19 is trading 17.4% below its estimated GF Value™ of ₺2.65. GuruFocus considers Formet Metal Ve Camnayi Anonim Sirketi to be Modestly Undervalued.

Key valuation signals for IST:FORMT:

  • Days Payable: 103.67 (26% below median its 10-year median of 139.73)
  • GF Value™: ₺2.65 vs. price of ₺2.19 (17.4% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 35% above the Construction median (#771 of 1715)

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


Formet Metal Ve Camnayi Anonim Sirketi Business Description

Address Caddesi No. 18, Organize Sanayi Bolgesi 9, Kayseri, TUR
Formet Metal Ve Cam Sanayi Anonim Sirketi manufactures and sells steel doors. It offers products such as Panel Series, Neo Series, Eko Series, and others. The company also provides various accessories such as Knob 204, Knob 208, Kumru 1301 Gold, and other related accessories.
62GF Score

Get the complete analysis for IST:FORMT

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

₺2.19
Price
₺2.65
GF Value