Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) Days Payable : 32.26 (As of Mar. 2024)

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What is Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Days Payable?

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's average Accounts Payable for the three months ended in Mar. 2024 was ₺375 Mil. Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺1,062 Mil. Hence, Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Days Payable for the three months ended in Mar. 2024 was 32.26.

The historical rank and industry rank for Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Days Payable or its related term are showing as below:

IST:GRSEL' s Days Payable Range Over the Past 10 Years
Min: 37.02 Med: 51.57 Max: 60.45
Current: 37.02

During the past 6 years, Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's highest Days Payable was 60.45. The lowest was 37.02. And the median was 51.57.

IST:GRSEL's Days Payable is not ranked
in the Transportation industry.
Industry Median: 38.995 vs IST:GRSEL: 37.02

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Days Payable declined from Mar. 2023 (38.91) to Mar. 2024 (32.26). It may suggest that Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS accelerated paying its suppliers.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Days Payable Historical Data

The historical data trend for Gur-Sel Turizm Tasimacilik ve Servis 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.

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Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Days Payable Chart

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.35

55.42

53.78

40.58

46.58

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												38.91	53.29	54.50	29.97	32.26

Competitive Comparison of Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Days Payable

For the Railroads subindustry, Gur-Sel Turizm Tasimacilik ve Servis 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.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Days Payable falls into.

Gur-Sel Turizm Tasimacilik ve Servis 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.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret 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
=	( (452.89	+	408.355)	/	2 )	/	3374.57	*	365
=	430.6225					/	3374.57	*	365
=	46.58

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (408.355	+	342.336)	/	2 )	/	1061.85	*	365 / 4
=	375.3455					/	1061.85	*	365 / 4
=	32.26

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Days Payable Related Terms

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Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Orta Mah. Bektas Sk. No:1, Kartal, Instanbul, TUR, 34880

Website

https://www.gurseltur.com.tr

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS provides transportation solutions mainly for personnel and student transportation. Its offerings include Personnel Transportation, Student Transportation, Private Vip Transportation, Urban Transportation, and Intercity Transportation.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) Headlines

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