Gersan Electric Ticaret venayi AS (IST:GEREL) Days Payable: 99.62 (As of Mar. 2026) — 85% Above Median


IST:GEREL Gersan Electric Ticaret ve Sanayi AS IST:GEREL
36 GF Score
Price ₺39.86
GF Value ₺8.55
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Gersan Electric Ticaret venayi AS Days Payable?

Gersan Electric Ticaret venayi AS IST:GEREL +3.05% 36 Days Payable is 99.62 as of Mar. 2026, which is 85% above its 10-year median of 53.81. GuruFocus rates IST:GEREL with a GF Score™ of 36/100 and a GF Value™ of ₺8.55 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,991 Industrial Products companies, Gersan Electric Ticaret venayi AS ranks better than 71.65% on this metric.

Gersan Electric Ticaret venayi AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺452 Mil. Gersan Electric Ticaret venayi AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺414 Mil. Hence, Gersan Electric Ticaret venayi AS's Days Payable for the three months ended in Mar. 2026 was 99.62.

The historical rank and industry rank for Gersan Electric Ticaret venayi AS's Days Payable or its related term are showing as below:

IST:GEREL' s Days Payable Range Over the Past 10 Years
Min: 37.67   Med: 53.81   Max: 159.7
Current: 132.35

During the past 13 years, Gersan Electric Ticaret venayi AS's highest Days Payable was 159.70. The lowest was 37.67. And the median was 53.81.

IST:GEREL's Days Payable is ranked better than
71.65% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs IST:GEREL: 132.35

Gersan Electric Ticaret venayi AS's Days Payable declined from Mar. 2025 (168.38) to Mar. 2026 (99.62). It may suggest that Gersan Electric Ticaret venayi AS accelerated paying its suppliers.


Gersan Electric Ticaret venayi AS Days Payable Related Terms


Gersan Electric Ticaret venayi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Gersan Electric Ticaret venayi 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.

Gersan Electric Ticaret venayi AS Days Payable Chart

Gersan Electric Ticaret venayi 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 68.23 37.67 54.13 113.47 159.70

Gersan Electric Ticaret venayi 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 168.38 120.03 147.04 173.10 99.62

IST:GEREL vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Gersan Electric Ticaret venayi 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.


Gersan Electric Ticaret venayi AS Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gersan Electric Ticaret venayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Gersan Electric Ticaret venayi AS's Days Payable falls into.


IST:GEREL
36GF Score
Gersan Electric Ticaret ve Sanayi AS IST:GEREL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gersan Electric Ticaret venayi 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.

Gersan Electric Ticaret venayi 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
=( (1453.233 + 382.039) / 2 ) / 2097.239*365
=917.636 / 2097.239*365
=159.70

Gersan Electric Ticaret venayi 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
=( (382.039 + 522.616) / 2 ) / 414.321*365 / 4
=452.3275 / 414.321*365 / 4
=99.62

* 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 99.62 mean?
Gersan Electric Ticaret venayi AS (IST:GEREL) has a Days Payable of 99.62 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 Gersan Electric Ticaret venayi AS and its competitors. This is 85% above median its historical median of 53.81. Over the past decade, Gersan Electric Ticaret venayi AS's Days Payable has ranged from 37.67 to 159.70. According to the industry distribution chart, Gersan Electric Ticaret venayi AS ranks #848 out of 2991 companies in the Industrial Products industry, placing it in the top 28.4%.
Is Gersan Electric Ticaret venayi AS's Days Payable too high?
Gersan Electric Ticaret venayi AS's current Days Payable of 99.62 is 85% above median its 10-year median of 53.81. Over the past 10 years, this metric has ranged from a low of 37.67 to a high of 159.70. The Industrial Products industry median Days Payable is 78.08. Gersan Electric Ticaret venayi AS's value of 99.62 is 27.6% above this industry median. Based on the distribution chart, Gersan Electric Ticaret venayi AS ranks #848 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Gersan Electric Ticaret venayi AS has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gersan Electric Ticaret venayi AS's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Gersan Electric Ticaret venayi AS ranks #848 out of 2991 companies for Days Payable. This puts Gersan Electric Ticaret venayi AS in the upper half of its industry. The industry median Days Payable is 78.08. Gersan Electric Ticaret venayi AS's value of 99.62 is 27.6% above this benchmark. Historically, Gersan Electric Ticaret venayi AS's own Days Payable has ranged from 37.67 to 159.70 over the past decade. While the company's 10-year median is 53.81 vs. the industry median of 78.08, Gersan Electric Ticaret venayi 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Gersan Electric Ticaret venayi AS's current Days Payable of 99.62 is 27.6% 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 Gersan Electric Ticaret venayi AS and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gersan Electric Ticaret venayi AS's current Days Payable is 99.62, which is 85% above median its own 10-year median of 53.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gersan Electric Ticaret venayi AS stock overvalued right now?
Based on GuruFocus' analysis, Gersan Electric Ticaret venayi AS (IST:GEREL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺8.55, compared to a current price of ₺39.86 — trading 366.2% above its estimated fair value. The current Days Payable is 99.62, which is 85% above median its 10-year median of 53.81 and 27.6% above the Industrial Products industry median of 78.08. Gersan Electric Ticaret venayi AS's overall GF Score™ is 36/100 with 11 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 Gersan Electric Ticaret venayi AS (IST:GEREL), the current Days Payable is 99.62 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 Gersan Electric Ticaret venayi AS (IST:GEREL) Overvalued in 2026?

Based on GuruFocus' analysis, Gersan Electric Ticaret venayi AS stock appears to be overvalued. The current stock price of ₺39.86 is trading 366.2% above its estimated GF Value™ of ₺8.55. GuruFocus considers Gersan Electric Ticaret venayi AS to be Significantly Overvalued.

Key valuation signals for IST:GEREL:

  • Days Payable: 99.62 (85% above median its 10-year median of 53.81)
  • GF Value™: ₺8.55 vs. price of ₺39.86 (366.2% above fair value)
  • GF Score™: 36/100 with 11 warning signs
  • Industry Position: 27.6% above the Industrial Products median (#848 of 2991)

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


Gersan Electric Ticaret venayi AS Business Description

Address Tuzla Mermerciler Organize, Gazi Bulvari No.37-39-41, TEM Yanyol Caddesi No.6, Tuzla, Istanbul, TUR, 34953
Gersan Electric Ticaret ve Sanayi AS produces systems & materials that carry, connect & protect the conductors in the lines that extend from the power plants to the outlets in the houses. Its products include cable trays, busbars & distribution panels.
36GF Score

Get the complete analysis for IST:GEREL

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

₺39.86
Price
₺8.55
GF Value