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* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Days Payable Chart
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Days Payable vs Software Industry
Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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.
* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a Days Payable of 62.93 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. This is 58% below median its historical median of 149.40. Over the past decade, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Days Payable has ranged from 84.80 to 257.10. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #918 out of 2608 companies in the Software industry, placing it in the top 35.2%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Days Payable too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Days Payable of 62.93 is 58% below median its 10-year median of 149.40. Over the past 10 years, this metric has ranged from a low of 84.80 to a high of 257.10. The Software industry median Days Payable is 52.79. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 62.93 is 19.2% above this industry median. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #918 out of 2608 companies in the Software industry, which is above the industry midpoint. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #918 out of 2608 companies for Days Payable. This puts Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the upper half of its industry. The industry median Days Payable is 52.79. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 62.93 is 19.2% above this benchmark. Historically, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's own Days Payable has ranged from 84.80 to 257.10 over the past decade. While the company's 10-year median is 149.40 vs. the industry median of 52.79, Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,608 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Days Payable of 62.93 is 19.2% 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Days Payable is 62.93, which is 58% below median its own 10-year median of 149.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current Days Payable of 62.93. The current Days Payable is 62.93, which is 58% below median its 10-year median of 149.40 and 19.2% above the Software industry median of 52.79. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 8 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current Days Payable is 62.93 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score
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