Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) Days Payable: 77.70 (As of Mar. 2026) — 18% Below Median


IST:GLRMK Gulermak Agir Sanayi Insaat Ve Taahhut AS IST:GLRMK
20 GF Score
Price ₺172.00
! 2 Warning Signs
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What is Gulermak Agirnayi Insaat Ve Taahhut AS Days Payable?

Gulermak Agirnayi Insaat Ve Taahhut AS IST:GLRMK -3.32% 20 Days Payable is 77.70 as of Mar. 2026, which is 18% below its 10-year median of 94.62. GuruFocus rates IST:GLRMK with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,710 Construction companies, Gulermak Agirnayi Insaat Ve Taahhut AS ranks worse than 56.84% on this metric.

Gulermak Agirnayi Insaat Ve Taahhut AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺7,054 Mil. Gulermak Agirnayi Insaat Ve Taahhut AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺8,283 Mil. Hence, Gulermak Agirnayi Insaat Ve Taahhut AS's Days Payable for the three months ended in Mar. 2026 was 77.70.

The historical rank and industry rank for Gulermak Agirnayi Insaat Ve Taahhut AS's Days Payable or its related term are showing as below:

IST:GLRMK' s Days Payable Range Over the Past 10 Years
Min: 66.07   Med: 94.62   Max: 128.01
Current: 66.07

During the past 5 years, Gulermak Agirnayi Insaat Ve Taahhut AS's highest Days Payable was 128.01. The lowest was 66.07. And the median was 94.62.

IST:GLRMK's Days Payable is ranked worse than
56.84% of 1710 companies
in the Construction industry
Industry Median: 76.79 vs IST:GLRMK: 66.07

Gulermak Agirnayi Insaat Ve Taahhut AS's Days Payable declined from Mar. 2025 (98.87) to Mar. 2026 (77.70). It may suggest that Gulermak Agirnayi Insaat Ve Taahhut AS accelerated paying its suppliers.

Gulermak Agirnayi Insaat Ve Taahhut AS Days Payable Related Terms

Gulermak Agirnayi Insaat Ve Taahhut AS Days Payable Historical Data

* Premium members only.

The historical data trend for Gulermak Agirnayi Insaat Ve Taahhut 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.

Gulermak Agirnayi Insaat Ve Taahhut AS Days Payable Chart

Gulermak Agirnayi Insaat Ve Taahhut AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
128.01 98.64 94.62 72.13 75.42

Gulermak Agirnayi Insaat Ve Taahhut AS Quarterly Data
Dec21 Dec22 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 98.87 95.32 99.60 37.94 77.70

IST:GLRMK vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Gulermak Agirnayi Insaat Ve Taahhut 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.

Gulermak Agirnayi Insaat Ve Taahhut AS Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Gulermak Agirnayi Insaat Ve Taahhut AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Gulermak Agirnayi Insaat Ve Taahhut AS's Days Payable falls into.


IST:GLRMK
20GF Score
Gulermak Agir Sanayi Insaat Ve Taahhut AS IST:GLRMK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulermak Agirnayi Insaat Ve Taahhut 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.

Gulermak Agirnayi Insaat Ve Taahhut 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
=( (8811.775 + 7629.666) / 2 ) / 39785.776*365
=8220.7205 / 39785.776*365
=75.42

Gulermak Agirnayi Insaat Ve Taahhut 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
=( (7629.666 + 6477.722) / 2 ) / 8283.42*365 / 4
=7053.694 / 8283.42*365 / 4
=77.70

* 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 77.70 mean?
Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) has a Days Payable of 77.70 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 Gulermak Agirnayi Insaat Ve Taahhut AS and its competitors. This is 18% below median its historical median of 94.62. Over the past decade, Gulermak Agirnayi Insaat Ve Taahhut AS's Days Payable has ranged from 66.07 to 128.01. According to the industry distribution chart, Gulermak Agirnayi Insaat Ve Taahhut AS ranks #972 out of 1710 companies in the Construction industry, placing it in the top 56.8%.
Is Gulermak Agirnayi Insaat Ve Taahhut AS's Days Payable too high?
Gulermak Agirnayi Insaat Ve Taahhut AS's current Days Payable of 77.70 is 18% below median its 10-year median of 94.62. Over the past 10 years, this metric has ranged from a low of 66.07 to a high of 128.01. The Construction industry median Days Payable is 76.79. Gulermak Agirnayi Insaat Ve Taahhut AS's value of 77.70 is 1.2% above this industry median. Based on the distribution chart, Gulermak Agirnayi Insaat Ve Taahhut AS ranks #972 out of 1710 companies in the Construction industry, which is below the industry midpoint. Overall, Gulermak Agirnayi Insaat Ve Taahhut AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Gulermak Agirnayi Insaat Ve Taahhut AS's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Gulermak Agirnayi Insaat Ve Taahhut AS ranks #972 out of 1710 companies for Days Payable. This places Gulermak Agirnayi Insaat Ve Taahhut AS in the lower half of its industry. The industry median Days Payable is 76.79. Gulermak Agirnayi Insaat Ve Taahhut AS's value of 77.70 is 1.2% above this benchmark. Historically, Gulermak Agirnayi Insaat Ve Taahhut AS's own Days Payable has ranged from 66.07 to 128.01 over the past decade. While the company's 10-year median is 94.62 vs. the industry median of 76.79, Gulermak Agirnayi Insaat Ve Taahhut 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 Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 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. Gulermak Agirnayi Insaat Ve Taahhut AS's current Days Payable of 77.70 is 1.2% 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 Gulermak Agirnayi Insaat Ve Taahhut AS and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulermak Agirnayi Insaat Ve Taahhut AS's current Days Payable is 77.70, which is 18% below median its own 10-year median of 94.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulermak Agirnayi Insaat Ve Taahhut AS stock overvalued right now?
Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) has a current Days Payable of 77.70. The current Days Payable is 77.70, which is 18% below median its 10-year median of 94.62 and 1.2% above the Construction industry median of 76.79. Gulermak Agirnayi Insaat Ve Taahhut AS's overall GF Score™ is 20/100 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 Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK), the current Days Payable is 77.70 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.

Gulermak Agirnayi Insaat Ve Taahhut AS Business Description

Address Ankara Street, No: 111 Golbasi, Bahcelievler District, Ankara, TUR
Gulermak Agir Sanayi Insaat Ve Taahhut AS Operating in large-scale and complex infrastructure projects in the construction sector. The Company's main field of activity is to provide turnkey infrastructure and industrial construction projects such as metro, railway, tram, tunnel, road, bridge, dam, cement factory, glass factory, sugar factory and power plants for official and private institutions in Turkey and abroad. The Company continues its activities in different geographies in Poland, Romania, Sweden, Switzerland, Philippines, North Macedonia, U.A.E. and India.
20GF Score

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