Good Year Lastikleri TAS (IST:GOODY) Days Payable: 121.09 (As of Mar. 2026) — 49% Above Median


IST:GOODY Good Year Lastikleri TAS IST:GOODY
70 GF Score
Price ₺16.81
GF Value ₺17.10
Valuation Fairly Valued
! 12 Warning Signs
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What is Good Year Lastikleri TAS Days Payable?

Good Year Lastikleri TAS IST:GOODY -2.78% 70 Days Payable is 121.09 as of Mar. 2026, which is 49% above its 10-year median of 81.54. GuruFocus rates IST:GOODY with a GF Score™ of 70/100 and a GF Value™ of ₺17.10 (Fairly Valued). The stock has 12 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Good Year Lastikleri TAS ranks better than 76.05% on this metric.

Good Year Lastikleri TAS's average Accounts Payable for the three months ended in Mar. 2026 was ₺9,257 Mil. Good Year Lastikleri TAS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺6,975 Mil. Hence, Good Year Lastikleri TAS's Days Payable for the three months ended in Mar. 2026 was 121.09.

The historical rank and industry rank for Good Year Lastikleri TAS's Days Payable or its related term are showing as below:

IST:GOODY' s Days Payable Range Over the Past 10 Years
Min: 59.71   Med: 81.54   Max: 123.02
Current: 118.67

During the past 13 years, Good Year Lastikleri TAS's highest Days Payable was 123.02. The lowest was 59.71. And the median was 81.54.

IST:GOODY's Days Payable is ranked better than
76.05% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 67.02 vs IST:GOODY: 118.67

Good Year Lastikleri TAS's Days Payable increased from Mar. 2025 (97.77) to Mar. 2026 (121.09). It may suggest that Good Year Lastikleri TAS delayed paying its suppliers.


Good Year Lastikleri TAS Days Payable Historical Data

* Premium members only.

The historical data trend for Good Year Lastikleri TAS'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.

Good Year Lastikleri TAS Days Payable Chart

Good Year Lastikleri TAS 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 100.88 59.71 84.01 108.05 123.02

Good Year Lastikleri TAS 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 97.77 126.79 126.47 105.43 121.09

IST:GOODY vs ORLY, AZO, GPC: Days Payable Comparison

For the Auto Parts subindustry, Good Year Lastikleri TAS'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.


Good Year Lastikleri TAS Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Good Year Lastikleri TAS's Days Payable distribution charts can be found below:

* The bar in red indicates where Good Year Lastikleri TAS's Days Payable falls into.


IST:GOODY
70GF Score
Good Year Lastikleri TAS IST:GOODY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Year Lastikleri TAS 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.

Good Year Lastikleri TAS'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
=( (7871.77 + 8951.868) / 2 ) / 24957.935*365
=8411.819 / 24957.935*365
=123.02

Good Year Lastikleri TAS'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
=( (8951.868 + 9561.861) / 2 ) / 6975.427*365 / 4
=9256.8645 / 6975.427*365 / 4
=121.09

* 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 121.09 mean?
Good Year Lastikleri TAS (IST:GOODY) has a Days Payable of 121.09 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 Good Year Lastikleri TAS and its competitors. This is 49% above median its historical median of 81.54. Over the past decade, Good Year Lastikleri TAS's Days Payable has ranged from 59.71 to 123.02. According to the industry distribution chart, Good Year Lastikleri TAS ranks #314 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 24%.
Is Good Year Lastikleri TAS's Days Payable too high?
Good Year Lastikleri TAS's current Days Payable of 121.09 is 49% above median its 10-year median of 81.54. Over the past 10 years, this metric has ranged from a low of 59.71 to a high of 123.02. The Vehicles & Parts industry median Days Payable is 67.02. Good Year Lastikleri TAS's value of 121.09 is 80.7% above this industry median. Based on the distribution chart, Good Year Lastikleri TAS ranks #314 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Good Year Lastikleri TAS has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Good Year Lastikleri TAS's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Good Year Lastikleri TAS ranks #314 out of 1311 companies for Days Payable. This places Good Year Lastikleri TAS in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.02. Good Year Lastikleri TAS's value of 121.09 is 80.7% above this benchmark. Historically, Good Year Lastikleri TAS's own Days Payable has ranged from 59.71 to 123.02 over the past decade. While the company's 10-year median is 81.54 vs. the industry median of 67.02, Good Year Lastikleri TAS 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,311 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. Good Year Lastikleri TAS's current Days Payable of 121.09 is 80.7% 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 Good Year Lastikleri TAS and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Year Lastikleri TAS's current Days Payable is 121.09, which is 49% above median its own 10-year median of 81.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Year Lastikleri TAS stock overvalued right now?
Based on GuruFocus' analysis, Good Year Lastikleri TAS (IST:GOODY) is currently considered Fairly Valued. The stock's GF Value™ is ₺17.10, compared to a current price of ₺16.81 — trading 1.7% below its estimated fair value. The current Days Payable is 121.09, which is 49% above median its 10-year median of 81.54 and 80.7% above the Vehicles & Parts industry median of 67.02. Good Year Lastikleri TAS's overall GF Score™ is 70/100 with 12 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 Good Year Lastikleri TAS (IST:GOODY), the current Days Payable is 121.09 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 Good Year Lastikleri TAS (IST:GOODY) Overvalued in 2026?

Based on GuruFocus' analysis, Good Year Lastikleri TAS stock appears to be undervalued. The current stock price of ₺16.81 is trading 1.7% below its estimated GF Value™ of ₺17.10. GuruFocus considers Good Year Lastikleri TAS to be Fairly Valued.

Key valuation signals for IST:GOODY:

  • Days Payable: 121.09 (49% above median its 10-year median of 81.54)
  • GF Value™: ₺17.10 vs. price of ₺16.81 (1.7% below fair value)
  • GF Score™: 70/100 with 12 warning signs
  • Industry Position: 80.7% above the Vehicles & Parts median (#314 of 1311)

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


Good Year Lastikleri TAS Business Description

Address Buyukdere Street, Maslak Square, Maslak Business Center No: 37 Floor: 3 -4, Maslak, Istanbul, TUR
Good Year Lastikleri TAS is a Turkey-based company engaged in the production and distribution of tires and other rubber products. Its products include summer, winter, and four-season tires for all types of vehicles that are used in cars, pickup trucks, vans, trucks, and buses. It also offers outer tires of radial and conventional heavy equipment; and various inner tubes and flaps. Geographically, the company caters its services in domestic and foreign markets.
70GF Score

Get the complete analysis for IST:GOODY

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

₺16.81
Price
₺17.10
GF Value