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Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) Days Payable : 19.33 (As of Dec. 2023)


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What is Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Days Payable?

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺641 Mil. Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺3,025 Mil. Hence, Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Payable for the three months ended in Dec. 2023 was 19.33.

The historical rank and industry rank for Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Payable or its related term are showing as below:

IST:GOKNR' s Days Payable Range Over the Past 10 Years
Min: 38.48   Med: 57.29   Max: 81.66
Current: 40.77

During the past 5 years, Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's highest Days Payable was 81.66. The lowest was 38.48. And the median was 57.29.

IST:GOKNR's Days Payable is ranked worse than
57.08% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs IST:GOKNR: 40.77

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Payable increased from Dec. 2022 (13.99) to Dec. 2023 (19.33). It may suggest that Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS delayed paying its suppliers.


Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Days Payable Historical Data

The historical data trend for Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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.

* Premium members only.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Days Payable Chart

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
52.54 67.11 81.66 38.48 57.29

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.99 78.94 52.26 35.87 19.33

Competitive Comparison of Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Payable

For the Packaged Foods subindustry, Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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.


Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Payable falls into.



Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi 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.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (978.626 + 864.37) / 2 ) / 5870.922*365
=921.498 / 5870.922*365
=57.29

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (416.988 + 864.37) / 2 ) / 3025.178*365 / 4
=640.679 / 3025.178*365 / 4
=19.33

* 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.


Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS Days Payable Related Terms

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Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) Business Description

Traded in Other Exchanges
N/A
Address
Erler Mahallesi 2716. Cadde No:11, Etimesgut, Ankara, TUR
Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS produces packaged food products. The firm's product offerings comprise canned fruits and vegetables, juices, puree concentrate, Dried Seeds, Natural Peel Oils, Natural Fruit FTNF, Fresh Fruits, and deionized products.

Goknur Gida Maddeleri Enerji Imalat Ithalat Ihracat TicaretVeSanayi AS (IST:GOKNR) Headlines

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