Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) Days Payable : 150.07 (As of Mar. 2024)

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What is Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Days Payable?

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's average Accounts Payable for the three months ended in Mar. 2024 was ₺340 Mil. Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺207 Mil. Hence, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Days Payable for the three months ended in Mar. 2024 was 150.07.

The historical rank and industry rank for Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Days Payable or its related term are showing as below:

IST:GZNMI' s Days Payable Range Over the Past 10 Years
Min: 29.88 Med: 104.5 Max: 201.31
Current: 54.11

During the past 6 years, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's highest Days Payable was 201.31. The lowest was 29.88. And the median was 104.50.

IST:GZNMI's Days Payable is ranked worse than
52.04% of 761 companies
in the Travel & Leisure industry
Industry Median: 58.56 vs IST:GZNMI: 54.11

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Days Payable increased from Mar. 2023 (52.86) to Mar. 2024 (150.07). It may suggest that Gezinomi Seyahat Turizm Ticaret Anonim Sirketi delayed paying its suppliers.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Days Payable Historical Data

The historical data trend for Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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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Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Days Payable Chart

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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118.21

201.31

97.73

29.88

32.05

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi 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												52.86	35.36	25.20	36.93	150.07

Competitive Comparison of Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Days Payable

For the Travel Services subindustry, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Days Payable distribution charts can be found below:

* The bar in red indicates where Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Days Payable falls into.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi 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.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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
=	( (85.046	+	148.976)	/	2 )	/	1332.37	*	365
=	117.011					/	1332.37	*	365
=	32.05

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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
=	( (148.976	+	531.43)	/	2 )	/	206.857	*	365 / 4
=	340.203					/	206.857	*	365 / 4
=	150.07

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Days Payable Related Terms

Thank you for viewing the detailed overview of Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mehmetcik Mah. 1242 Sok. No 3B, 2 Muratpasa, Antalya, TUR

Website

https://www.gezinomi.com

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi is a tour operator with its hotel and tour services. It allows users to buy services comprising domestic and international tours, hotel accommodation, Cyprus hotels, car rentals, flight tickets, transfers, and holidays.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Headlines

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