Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) Days Payable: 55.62 (As of Mar. 2026) — 64% Above Median


IST:HATSN Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS IST:HATSN
58 GF Score
Price ₺54.65
! 7 Warning Signs
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What is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Payable?

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS IST:HATSN -6.02% 58 Days Payable is 55.62 as of Mar. 2026, which is 64% above its 10-year median of 33.86. GuruFocus rates IST:HATSN with a GF Score™ of 58/100. The stock has 7 warning signs investors should review. Among 338 Aerospace & Defense companies, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ranks worse than 86.09% on this metric.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺469 Mil. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺770 Mil. Hence, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 55.62.

The historical rank and industry rank for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:HATSN' s Days Payable Range Over the Past 10 Years
Min: 29.27   Med: 33.86   Max: 60.75
Current: 30.03

During the past 5 years, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's highest Days Payable was 60.75. The lowest was 29.27. And the median was 33.86.

IST:HATSN's Days Payable is ranked worse than
86.09% of 338 companies
in the Aerospace & Defense industry
Industry Median: 64.875 vs IST:HATSN: 30.03

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable increased from Mar. 2025 (34.53) to Mar. 2026 (55.62). It may suggest that Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS delayed paying its suppliers.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Payable Related Terms


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Payable Chart

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
46.01 60.75 33.86 32.27 29.27

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 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 34.53 28.62 26.26 30.74 55.62

IST:HATSN vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable falls into.


IST:HATSN
58GF Score
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS IST:HATSN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (275.94 + 399.193) / 2 ) / 4209.95*365
=337.5665 / 4209.95*365
=29.27

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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
=( (648.235 + 289.868) / 2 ) / 769.517*365 / 4
=469.0515 / 769.517*365 / 4
=55.62

* 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 55.62 mean?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) has a Days Payable of 55.62 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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS and its competitors. This is 64% above median its historical median of 33.86. Over the past decade, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable has ranged from 29.27 to 60.75. According to the industry distribution chart, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ranks #291 out of 338 companies in the Aerospace & Defense industry, placing it in the top 86.1%.
Is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable too high?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current Days Payable of 55.62 is 64% above median its 10-year median of 33.86. Over the past 10 years, this metric has ranged from a low of 29.27 to a high of 60.75. The Aerospace & Defense industry median Days Payable is 64.88. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's value of 55.62 is 14.3% below this industry median. Based on the distribution chart, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ranks #291 out of 338 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ranks #291 out of 338 companies for Days Payable. This places Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS in the lower half of its industry. The industry median Days Payable is 64.88. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's value of 55.62 is 14.3% below this benchmark. Historically, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's own Days Payable has ranged from 29.27 to 60.75 over the past decade. While the company's 10-year median is 33.86 vs. the industry median of 64.88, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.88, based on 338 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. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current Days Payable of 55.62 is 14.3% 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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current Days Payable is 55.62, which is 64% above median its own 10-year median of 33.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS stock overvalued right now?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) has a current Days Payable of 55.62. The current Days Payable is 55.62, which is 64% above median its 10-year median of 33.86 and 14.3% below the Aerospace & Defense industry median of 64.88. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's overall GF Score™ is 58/100 with 7 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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN), the current Days Payable is 55.62 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Business Description

Address Florya Cad. Florya Plaza, No: 88/2 Florya, Bakirkoy, Istanbul, TUR, 34153
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS is a company engaged in purchase of domestic and foreign shipbuilding facilities, shipyards, hotels, cruise ships and yachts of all tonnages. It also operates in special transformation projects. Extension projects on ships, special project installations related to new machinery, equipment or production, and heavy steel construction works are the expertise of HAT-SAN Shipyard.
58GF Score

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