Golda Gidanayi ve Ticaret AS (IST:GOLDA) Days Payable: 33.39 (As of Dec. 2025) — 21% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:GOLDA Golda Gida Sanayi ve Ticaret AS IST:GOLDA
18 GF Score
Price ₺12.61
! 4 Warning Signs
View Full Analysis

What is Golda Gidanayi ve Ticaret AS Days Payable?

Golda Gidanayi ve Ticaret AS IST:GOLDA +0.48% 18 Days Payable is 33.39 as of Dec. 2025, which is 21% above its 10-year median of 27.49. GuruFocus rates IST:GOLDA with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Golda Gidanayi ve Ticaret AS ranks worse than 65.04% on this metric.

Golda Gidanayi ve Ticaret AS's average Accounts Payable for the six months ended in Dec. 2025 was ₺202 Mil. Golda Gidanayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2025 was ₺2,205 Mil. Hence, Golda Gidanayi ve Ticaret AS's Days Payable for the six months ended in Dec. 2025 was 16.70.

The historical rank and industry rank for Golda Gidanayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:GOLDA' s Days Payable Range Over the Past 10 Years
Min: 24.32   Med: 27.49   Max: 33.39
Current: 33.39

During the past 3 years, Golda Gidanayi ve Ticaret AS's highest Days Payable was 33.39. The lowest was 24.32. And the median was 27.49.

IST:GOLDA's Days Payable is ranked worse than
65.04% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 44.24 vs IST:GOLDA: 33.39

Golda Gidanayi ve Ticaret AS's Days Payable increased from Dec. 2023 (24.32) to Dec. 2025 (33.39). It may suggest that Golda Gidanayi ve Ticaret AS delayed paying its suppliers.


Golda Gidanayi ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Golda Gidanayi ve Ticaret 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.

Golda Gidanayi ve Ticaret AS Days Payable Chart

Golda Gidanayi ve Ticaret AS Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
24.32 27.49 33.39

Golda Gidanayi ve Ticaret AS Semi-Annual Data
Dec23 Dec24 Dec25
Days Payable 24.32 27.49 33.39

IST:GOLDA vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Golda Gidanayi ve Ticaret 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.


Golda Gidanayi ve Ticaret AS Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golda Gidanayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Golda Gidanayi ve Ticaret AS's Days Payable falls into.


IST:GOLDA
18GF Score
Golda Gida Sanayi ve Ticaret AS IST:GOLDA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golda Gidanayi ve Ticaret 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.

Golda Gidanayi ve Ticaret 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
=( (196.401 + 207.157) / 2 ) / 2205.414*365
=201.779 / 2205.414*365
=33.39

Golda Gidanayi ve Ticaret AS's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (196.401 + 207.157) / 2 ) / 2205.414*365 / 2
=201.779 / 2205.414*365 / 2
=16.70

* 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 33.39 mean?
Golda Gidanayi ve Ticaret AS (IST:GOLDA) has a Days Payable of 33.39 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Golda Gidanayi ve Ticaret AS and its competitors. This is 21% above median its historical median of 27.49. Over the past decade, Golda Gidanayi ve Ticaret AS's Days Payable has ranged from 24.32 to 33.39. According to the industry distribution chart, Golda Gidanayi ve Ticaret AS ranks #1237 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 65%.
Is Golda Gidanayi ve Ticaret AS's Days Payable too high?
Golda Gidanayi ve Ticaret AS's current Days Payable of 33.39 is 21% above median its 10-year median of 27.49. Over the past 10 years, this metric has ranged from a low of 24.32 to a high of 33.39. The Consumer Packaged Goods industry median Days Payable is 44.24. Golda Gidanayi ve Ticaret AS's value of 33.39 is 24.5% below this industry median. Based on the distribution chart, Golda Gidanayi ve Ticaret AS ranks #1237 out of 1902 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Golda Gidanayi ve Ticaret AS has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Golda Gidanayi ve Ticaret AS's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Golda Gidanayi ve Ticaret AS ranks #1237 out of 1902 companies for Days Payable. This places Golda Gidanayi ve Ticaret AS in the lower half of its industry. The industry median Days Payable is 44.24. Golda Gidanayi ve Ticaret AS's value of 33.39 is 24.5% below this benchmark. Historically, Golda Gidanayi ve Ticaret AS's own Days Payable has ranged from 24.32 to 33.39 over the past decade. While the company's 10-year median is 27.49 vs. the industry median of 44.24, Golda Gidanayi ve Ticaret 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.24, based on 1,902 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. Golda Gidanayi ve Ticaret AS's current Days Payable of 33.39 is 24.5% 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 Golda Gidanayi ve Ticaret AS and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golda Gidanayi ve Ticaret AS's current Days Payable is 33.39, which is 21% above median its own 10-year median of 27.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golda Gidanayi ve Ticaret AS stock overvalued right now?
Golda Gidanayi ve Ticaret AS (IST:GOLDA) has a current Days Payable of 33.39. The current Days Payable is 33.39, which is 21% above median its 10-year median of 27.49 and 24.5% below the Consumer Packaged Goods industry median of 44.24. Golda Gidanayi ve Ticaret AS's overall GF Score™ is 18/100 with 4 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 Golda Gidanayi ve Ticaret AS (IST:GOLDA), the current Days Payable is 33.39 as of Dec. 2025. 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.

Golda Gidanayi ve Ticaret AS Business Description

Address Eminettin Neighborhood, Cluster Houses No: 1, Industrial Zone, Kazimkarabekir, Karaman, TUR
Golda Gida Sanayi ve Ticaret AS manufactures, trades, imports, and exports all types of flour, semolina, pasta, biscuits, wafers, legumes, and related by-products. It also engages in the wholesale and retail purchase, sale, manufacturing, import, and export of all types of grocery commodities. The Company's main product groups are pasta, flour, semolina, legumes, and biscuits and wafers. At the same time, the Company also sells some of the by-products obtained from the production of these products (bran and bran varieties).
18GF Score

Get the complete analysis for IST:GOLDA

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

₺12.61
Price