Global Menkul Degerler AS (IST:GLBMD) Days Payable: 20.20 (As of Mar. 2026) — 80% Above Median


IST:GLBMD Global Menkul Degerler AS IST:GLBMD
63 GF Score
Price ₺14.02
GF Value ₺12.93
Valuation Fairly Valued
! 2 Warning Signs
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What is Global Menkul Degerler AS Days Payable?

Global Menkul Degerler AS IST:GLBMD -1.27% 63 Days Payable is 20.20 as of Mar. 2026, which is 80% above its 10-year median of 11.21. GuruFocus rates IST:GLBMD with a GF Score™ of 63/100 and a GF Value™ of ₺12.93 (Fairly Valued). The stock has 2 warning signs investors should review. Among 541 Capital Markets companies, Global Menkul Degerler AS ranks worse than 72.27% on this metric.

Global Menkul Degerler AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺1,842 Mil. Global Menkul Degerler AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺8,321 Mil. Hence, Global Menkul Degerler AS's Days Payable for the three months ended in Mar. 2026 was 20.20.

The historical rank and industry rank for Global Menkul Degerler AS's Days Payable or its related term are showing as below:

IST:GLBMD' s Days Payable Range Over the Past 10 Years
Min: 1.6   Med: 11.21   Max: 26.75
Current: 24.68

During the past 13 years, Global Menkul Degerler AS's highest Days Payable was 26.75. The lowest was 1.60. And the median was 11.21.

IST:GLBMD's Days Payable is ranked worse than
72.27% of 541 companies
in the Capital Markets industry
Industry Median: 92.89 vs IST:GLBMD: 24.68

Global Menkul Degerler AS's Days Payable declined from Mar. 2025 (25.52) to Mar. 2026 (20.20). It may suggest that Global Menkul Degerler AS accelerated paying its suppliers.


Global Menkul Degerler AS Days Payable Historical Data

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The historical data trend for Global Menkul Degerler 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.

Global Menkul Degerler AS Days Payable Chart

Global Menkul Degerler 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 13.91 17.12 22.73 26.75 25.44

Global Menkul Degerler 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 25.52 36.18 20.67 21.65 20.20

IST:GLBMD vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Global Menkul Degerler 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.


Global Menkul Degerler AS Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Global Menkul Degerler AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Global Menkul Degerler AS's Days Payable falls into.


IST:GLBMD
63GF Score
Global Menkul Degerler AS IST:GLBMD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Menkul Degerler 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.

Global Menkul Degerler 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
=( (2061.618 + 1681.404) / 2 ) / 26853.505*365
=1871.511 / 26853.505*365
=25.44

Global Menkul Degerler 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
=( (1681.404 + 2003.426) / 2 ) / 8320.928*365 / 4
=1842.415 / 8320.928*365 / 4
=20.20

* 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 20.20 mean?
Global Menkul Degerler AS (IST:GLBMD) has a Days Payable of 20.20 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 Global Menkul Degerler AS and its competitors. This is 80% above median its historical median of 11.21. Over the past decade, Global Menkul Degerler AS's Days Payable has ranged from 1.60 to 26.75. According to the industry distribution chart, Global Menkul Degerler AS ranks #391 out of 541 companies in the Capital Markets industry, placing it in the top 72.3%.
Is Global Menkul Degerler AS's Days Payable too high?
Global Menkul Degerler AS's current Days Payable of 20.20 is 80% above median its 10-year median of 11.21. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 26.75. The Capital Markets industry median Days Payable is 92.89. Global Menkul Degerler AS's value of 20.20 is 78.3% below this industry median. Based on the distribution chart, Global Menkul Degerler AS ranks #391 out of 541 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Global Menkul Degerler AS has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Menkul Degerler AS's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Global Menkul Degerler AS ranks #391 out of 541 companies for Days Payable. This places Global Menkul Degerler AS in the lower half of its industry. The industry median Days Payable is 92.89. Global Menkul Degerler AS's value of 20.20 is 78.3% below this benchmark. Historically, Global Menkul Degerler AS's own Days Payable has ranged from 1.60 to 26.75 over the past decade. While the company's 10-year median is 11.21 vs. the industry median of 92.89, Global Menkul Degerler AS has consistently been below 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. Global Menkul Degerler AS's current Days Payable of 20.20 is 78.3% below 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 Global Menkul Degerler AS and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Menkul Degerler AS's current Days Payable is 20.20, which is 80% above median its own 10-year median of 11.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Menkul Degerler AS stock overvalued right now?
Based on GuruFocus' analysis, Global Menkul Degerler AS (IST:GLBMD) is currently considered Fairly Valued. The stock's GF Value™ is ₺12.93, compared to a current price of ₺14.02 — trading 8.4% above its estimated fair value. The current Days Payable is 20.20, which is 80% above median its 10-year median of 11.21 and 78.3% below the Capital Markets industry median of 92.89. Global Menkul Degerler AS's overall GF Score™ is 63/100 with 2 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 Global Menkul Degerler AS (IST:GLBMD), the current Days Payable is 20.20 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 Global Menkul Degerler AS (IST:GLBMD) Overvalued in 2026?

Based on GuruFocus' analysis, Global Menkul Degerler AS stock appears to be overvalued. The current stock price of ₺14.02 is trading 8.4% above its estimated GF Value™ of ₺12.93. GuruFocus considers Global Menkul Degerler AS to be Fairly Valued.

Key valuation signals for IST:GLBMD:

  • Days Payable: 20.20 (80% above median its 10-year median of 11.21)
  • GF Value™: ₺12.93 vs. price of ₺14.02 (8.4% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 78.3% below the Capital Markets median (#391 of 541)

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


Global Menkul Degerler AS Business Description

Address Agaoglu My Newwork, Barbaros Mah, No: 51 Karakoy, Ihlamur Bul. No: 3 / 89 K: 9, Atasehir, Istanbul, TUR, 34746
Global Menkul Degerler AS is an independent financial house, provides securities, corporate finance & fund management services. It offers brokerage services, investment, & research services.
63GF Score

Get the complete analysis for IST:GLBMD

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

₺14.02
Price
₺12.93
GF Value