Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) Days Payable: 79.94 (As of Mar. 2026) — Near Median


IST:GOLTS Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS IST:GOLTS
55 GF Score
Price ₺322.75
GF Value ₺371.41
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Days Payable?

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS IST:GOLTS -0.08% 55 Days Payable is 79.94 as of Mar. 2026, which is 2% above its 10-year median of 78.57. GuruFocus rates IST:GOLTS with a GF Score™ of 55/100 and a GF Value™ of ₺371.41 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 394 Building Materials companies, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS ranks worse than 55.84% on this metric.

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺931 Mil. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺1,063 Mil. Hence, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 79.94.

The historical rank and industry rank for Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:GOLTS' s Days Payable Range Over the Past 10 Years
Min: 50.61   Med: 78.57   Max: 137.92
Current: 63.02

During the past 13 years, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's highest Days Payable was 137.92. The lowest was 50.61. And the median was 78.57.

IST:GOLTS's Days Payable is ranked worse than
55.84% of 394 companies
in the Building Materials industry
Industry Median: 69.765 vs IST:GOLTS: 63.02

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Days Payable increased from Mar. 2025 (59.25) to Mar. 2026 (79.94). It may suggest that Goltas Goller Bolgesi Cimentonayi ve Ticaret AS delayed paying its suppliers.


Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Days Payable Related Terms


Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Goltas Goller Bolgesi Cimentonayi 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.

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Days Payable Chart

Goltas Goller Bolgesi Cimentonayi ve Ticaret 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 88.42 50.61 58.29 55.47 59.69

Goltas Goller Bolgesi Cimentonayi ve Ticaret 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 59.25 67.24 78.75 44.72 79.94

IST:GOLTS vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Goltas Goller Bolgesi Cimentonayi 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.


Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Days Payable falls into.


IST:GOLTS
55GF Score
Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS IST:GOLTS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goltas Goller Bolgesi Cimentonayi 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.

Goltas Goller Bolgesi Cimentonayi 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
=( (716.457 + 940.394) / 2 ) / 5065.516*365
=828.4255 / 5065.516*365
=59.69

Goltas Goller Bolgesi Cimentonayi ve Ticaret 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
=( (940.394 + 921.421) / 2 ) / 1062.631*365 / 4
=930.9075 / 1062.631*365 / 4
=79.94

* 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 79.94 mean?
Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) has a Days Payable of 79.94 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 Goltas Goller Bolgesi Cimentonayi ve Ticaret AS and its competitors. This is near median its historical median of 78.57. Over the past decade, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Days Payable has ranged from 50.61 to 137.92. According to the industry distribution chart, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS ranks #220 out of 394 companies in the Building Materials industry, placing it in the top 55.8%.
Is Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Days Payable too high?
Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's current Days Payable of 79.94 is near median its 10-year median of 78.57. Over the past 10 years, this metric has ranged from a low of 50.61 to a high of 137.92. The Building Materials industry median Days Payable is 69.77. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's value of 79.94 is 14.6% above this industry median. Based on the distribution chart, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS ranks #220 out of 394 companies in the Building Materials industry, which is below the industry midpoint. Overall, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS ranks #220 out of 394 companies for Days Payable. This places Goltas Goller Bolgesi Cimentonayi ve Ticaret AS in the lower half of its industry. The industry median Days Payable is 69.77. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's value of 79.94 is 14.6% above this benchmark. Historically, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's own Days Payable has ranged from 50.61 to 137.92 over the past decade. While the company's 10-year median is 78.57 vs. the industry median of 69.77, Goltas Goller Bolgesi Cimentonayi ve Ticaret 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.77, based on 394 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. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's current Days Payable of 79.94 is 14.6% 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 Goltas Goller Bolgesi Cimentonayi ve Ticaret AS and its competitors. For the Building Materials industry, the median Days Payable is 69.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's current Days Payable is 79.94, which is near median its own 10-year median of 78.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goltas Goller Bolgesi Cimentonayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺371.41, compared to a current price of ₺322.75 — trading 13.1% below its estimated fair value. The current Days Payable is 79.94, which is near median its 10-year median of 78.57 and 14.6% above the Building Materials industry median of 69.77. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's overall GF Score™ is 55/100 with 5 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 Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS), the current Days Payable is 79.94 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 Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) Overvalued in 2026?

Based on GuruFocus' analysis, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺322.75 is trading 13.1% below its estimated GF Value™ of ₺371.41. GuruFocus considers Goltas Goller Bolgesi Cimentonayi ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:GOLTS:

  • Days Payable: 79.94 (near median its 10-year median of 78.57)
  • GF Value™: ₺371.41 vs. price of ₺322.75 (13.1% below fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 14.6% above the Building Materials median (#220 of 394)

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


Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Business Description

Address Eski Buyukdere Caddesi, Bulent Tarcan Sokak No.1, Gayrettepe, Istanbul, TUR, 34357
Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS is involved in manufacturing construction and building materials. It produces Clinker and Cements and Raw materials and Semi-products like Trass, Gypsum, Limestone, Marn and Bauxite.
55GF Score

Get the complete analysis for IST:GOLTS

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

₺322.75
Price
₺371.41
GF Value