Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO) Days Payable: 9.89 (As of Jun. 2026) — 89% Below Median

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IST:HLGYO Halk Gayrimenkul Yatirim Ortakligi AS IST:HLGYO
58 GF Score
Price ₺4.65
GF Value ₺14.66
Valuation Possible Value Trap
! 7 Warning Signs
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What is Halk Gayrimenkul Yatirim Ortakligi AS Days Payable?

Halk Gayrimenkul Yatirim Ortakligi AS IST:HLGYO +4.97% 58 Days Payable is 9.89 as of Jun. 2026, which is 89% below its 10-year median of 91.50. GuruFocus rates IST:HLGYO with a GF Score™ of 58/100 and a GF Value™ of ₺14.66 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 536 REITs companies, Halk Gayrimenkul Yatirim Ortakligi AS ranks worse than 91.04% on this metric.

Halk Gayrimenkul Yatirim Ortakligi AS's average Accounts Payable for the three months ended in Jun. 2026 was ₺245 Mil. Halk Gayrimenkul Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Jun. 2026 was ₺2,263 Mil. Hence, Halk Gayrimenkul Yatirim Ortakligi AS's Days Payable for the three months ended in Jun. 2026 was 9.89.

The historical rank and industry rank for Halk Gayrimenkul Yatirim Ortakligi AS's Days Payable or its related term are showing as below:

IST:HLGYO' s Days Payable Range Over the Past 10 Years
Min: 6.61   Med: 91.5   Max: 1701.9
Current: 15.1

During the past 13 years, Halk Gayrimenkul Yatirim Ortakligi AS's highest Days Payable was 1701.90. The lowest was 6.61. And the median was 91.50.

IST:HLGYO's Days Payable is ranked worse than
91.04% of 536 companies
in the REITs industry
Industry Median: 112.59 vs IST:HLGYO: 15.10

Halk Gayrimenkul Yatirim Ortakligi AS's Days Payable declined from Jun. 2025 (1,526.33) to Jun. 2026 (9.89). It may suggest that Halk Gayrimenkul Yatirim Ortakligi AS accelerated paying its suppliers.


Halk Gayrimenkul Yatirim Ortakligi AS Days Payable Related Terms


Halk Gayrimenkul Yatirim Ortakligi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Halk Gayrimenkul Yatirim Ortakligi 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.

Halk Gayrimenkul Yatirim Ortakligi AS Days Payable Chart

Halk Gayrimenkul Yatirim Ortakligi AS 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 475.74 1,701.90 116.23 88.66 6.61

Halk Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Sep21 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 1,526.33 144.68 3.60 26.39 9.89

IST:HLGYO vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, Halk Gayrimenkul Yatirim Ortakligi 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.


Halk Gayrimenkul Yatirim Ortakligi AS Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Halk Gayrimenkul Yatirim Ortakligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Halk Gayrimenkul Yatirim Ortakligi AS's Days Payable falls into.


IST:HLGYO
58GF Score
Halk Gayrimenkul Yatirim Ortakligi AS IST:HLGYO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Halk Gayrimenkul Yatirim Ortakligi 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.

Halk Gayrimenkul Yatirim Ortakligi 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
=( (120.58 + 478.036) / 2 ) / 16527.487*365
=299.308 / 16527.487*365
=6.61

Halk Gayrimenkul Yatirim Ortakligi 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
=( (276.363 + 214.31) / 2 ) / 2263.178*365 / 4
=245.3365 / 2263.178*365 / 4
=9.89

* 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 9.89 mean?
Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO) has a Days Payable of 9.89 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 Halk Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 89% below median its historical median of 91.50. Over the past decade, Halk Gayrimenkul Yatirim Ortakligi AS's Days Payable has ranged from 6.61 to 1,701.90. According to the industry distribution chart, Halk Gayrimenkul Yatirim Ortakligi AS ranks #488 out of 536 companies in the REITs industry, placing it in the top 91%.
Is Halk Gayrimenkul Yatirim Ortakligi AS's Days Payable too high?
Halk Gayrimenkul Yatirim Ortakligi AS's current Days Payable of 9.89 is 89% below median its 10-year median of 91.50. Over the past 10 years, this metric has ranged from a low of 6.61 to a high of 1,701.90. The REITs industry median Days Payable is 112.59. Halk Gayrimenkul Yatirim Ortakligi AS's value of 9.89 is 91.2% below this industry median. Based on the distribution chart, Halk Gayrimenkul Yatirim Ortakligi AS ranks #488 out of 536 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Halk Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Halk Gayrimenkul Yatirim Ortakligi AS's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Halk Gayrimenkul Yatirim Ortakligi AS ranks #488 out of 536 companies for Days Payable. This places Halk Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Days Payable is 112.59. Halk Gayrimenkul Yatirim Ortakligi AS's value of 9.89 is 91.2% below this benchmark. Historically, Halk Gayrimenkul Yatirim Ortakligi AS's own Days Payable has ranged from 6.61 to 1,701.90 over the past decade. While the company's 10-year median is 91.50 vs. the industry median of 112.59, Halk Gayrimenkul Yatirim Ortakligi 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 REITs company?
The median Days Payable among REITs companies is 112.59, based on 536 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. Halk Gayrimenkul Yatirim Ortakligi AS's current Days Payable of 9.89 is 91.2% 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 Halk Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Days Payable is 112.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halk Gayrimenkul Yatirim Ortakligi AS's current Days Payable is 9.89, which is 89% below median its own 10-year median of 91.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halk Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺14.66, compared to a current price of ₺4.65 — trading 68.3% below its estimated fair value. The current Days Payable is 9.89, which is 89% below median its 10-year median of 91.50 and 91.2% below the REITs industry median of 112.59. Halk Gayrimenkul Yatirim Ortakligi 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 Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO), the current Days Payable is 9.89 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.

Is Halk Gayrimenkul Yatirim Ortakligi AS (IST:HLGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Halk Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺4.65 is trading 68.3% below its estimated GF Value™ of ₺14.66. GuruFocus considers Halk Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.

Key valuation signals for IST:HLGYO:

  • Days Payable: 9.89 (89% below median its 10-year median of 91.50)
  • GF Value™: ₺14.66 vs. price of ₺4.65 (68.3% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 91.2% below the REITs median (#488 of 536)

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


Halk Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Serifali Ciftligi Tatlisu, Mahallesi Ertugrulgazi Sokaz Number1, Yukari Dudullu - Umraniye, Istanbul, TUR, 34774
Halk Gayrimenkul Yatirim Ortakligi AS is a Turkey-based Real Estate Investment Trust. It was established with the aim of investing in real estate and real estate projects and accelerating the change and improvement in the real estate market. The projects of the company include Halk Towers, Evora Izmir Project, Bizimtepe Aydos Project, and Park Dedeman Levent Hotel among others.
58GF Score

Get the complete analysis for IST:HLGYO

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

₺4.65
Price
₺14.66
GF Value