Grainturk Holding AS (IST:GRTHO) Days Payable: 16.98 (As of Jun. 2026) — 10% Above Median

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IST:GRTHO Grainturk Holding AS IST:GRTHO
64 GF Score
Price ₺220.00
! 5 Warning Signs
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What is Grainturk Holding AS Days Payable?

Grainturk Holding AS IST:GRTHO -0.54% 64 Days Payable is 16.98 as of Jun. 2026, which is 10% above its 10-year median of 15.50. GuruFocus rates IST:GRTHO with a GF Score™ of 64/100. The stock has 5 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Grainturk Holding AS ranks worse than 93.72% on this metric.

Grainturk Holding AS's average Accounts Payable for the three months ended in Jun. 2026 was ₺453 Mil. Grainturk Holding AS's Cost of Goods Sold for the three months ended in Jun. 2026 was ₺2,432 Mil. Hence, Grainturk Holding AS's Days Payable for the three months ended in Jun. 2026 was 16.98.

The historical rank and industry rank for Grainturk Holding AS's Days Payable or its related term are showing as below:

IST:GRTHO' s Days Payable Range Over the Past 10 Years
Min: 2.92   Med: 15.5   Max: 28.6
Current: 11.9

During the past 6 years, Grainturk Holding AS's highest Days Payable was 28.60. The lowest was 2.92. And the median was 15.50.

IST:GRTHO's Days Payable is ranked worse than
93.72% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 44 vs IST:GRTHO: 11.90

Grainturk Holding AS's Days Payable increased from Jun. 2025 (6.23) to Jun. 2026 (16.98). It may suggest that Grainturk Holding AS delayed paying its suppliers.


Grainturk Holding AS Days Payable Historical Data

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The historical data trend for Grainturk Holding 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.

Grainturk Holding AS Days Payable Chart

Grainturk Holding AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 25.60 9.26 16.99 14.01 2.92

Grainturk Holding AS Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.23 2.97 3.29 8.85 16.98

IST:GRTHO vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Grainturk Holding 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.


Grainturk Holding AS Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grainturk Holding AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Grainturk Holding AS's Days Payable falls into.


IST:GRTHO
64GF Score
Grainturk Holding AS IST:GRTHO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Grainturk Holding 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.

Grainturk Holding 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
=( (72.362 + 29.392) / 2 ) / 6359.494*365
=50.877 / 6359.494*365
=2.92

Grainturk Holding AS's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (257.094 + 648.3) / 2 ) / 2432.123*365 / 4
=452.697 / 2432.123*365 / 4
=16.98

* 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 16.98 mean?
Grainturk Holding AS (IST:GRTHO) has a Days Payable of 16.98 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Grainturk Holding AS and its competitors. This is 10% above median its historical median of 15.50. Over the past decade, Grainturk Holding AS's Days Payable has ranged from 2.92 to 28.60. According to the industry distribution chart, Grainturk Holding AS ranks #1775 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 93.7%.
Is Grainturk Holding AS's Days Payable too high?
Grainturk Holding AS's current Days Payable of 16.98 is 10% above median its 10-year median of 15.50. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 28.60. The Consumer Packaged Goods industry median Days Payable is 44.00. Grainturk Holding AS's value of 16.98 is 61.4% below this industry median. Based on the distribution chart, Grainturk Holding AS ranks #1775 out of 1894 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Grainturk Holding AS has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Grainturk Holding AS's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Grainturk Holding AS ranks #1775 out of 1894 companies for Days Payable. This places Grainturk Holding AS in the lower half of its industry. The industry median Days Payable is 44.00. Grainturk Holding AS's value of 16.98 is 61.4% below this benchmark. Historically, Grainturk Holding AS's own Days Payable has ranged from 2.92 to 28.60 over the past decade. While the company's 10-year median is 15.50 vs. the industry median of 44.00, Grainturk Holding 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 44.00, based on 1,894 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. Grainturk Holding AS's current Days Payable of 16.98 is 61.4% 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 Grainturk Holding AS and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grainturk Holding AS's current Days Payable is 16.98, which is 10% above median its own 10-year median of 15.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grainturk Holding AS stock overvalued right now?
Grainturk Holding AS (IST:GRTHO) has a current Days Payable of 16.98. The current Days Payable is 16.98, which is 10% above median its 10-year median of 15.50 and 61.4% below the Consumer Packaged Goods industry median of 44.00. Grainturk Holding AS's overall GF Score™ is 64/100 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 Grainturk Holding AS (IST:GRTHO), the current Days Payable is 16.98 as of Jun. 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.

Grainturk Holding AS Business Description

Address Levent Street, Krizantem Alley, No: 15, Levent Neighborhood, Besiktas, Istanbul, TUR, 34330
Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.
64GF Score

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