Horoz Lojistik Kargo Hizmetleri ve Ticaret AS (IST:HOROZ) Days Payable: 43.15 (As of Mar. 2026) — 26% Below Median


IST:HOROZ Horoz Lojistik Kargo Hizmetleri ve Ticaret AS IST:HOROZ
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! 4 Warning Signs
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What is Horoz Lojistik Kargo Hizmetleri ve Ticaret AS Days Payable?

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS IST:HOROZ -0.78% 9 Days Payable is 43.15 as of Mar. 2026, which is 26% below its 10-year median of 58.48. GuruFocus rates IST:HOROZ with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 964 Transportation companies, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS ranks better than 53.53% on this metric.

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺1,468 Mil. Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺3,104 Mil. Hence, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 43.15.

The historical rank and industry rank for Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's Days Payable or its related term are showing as below:

IST:HOROZ' s Days Payable Range Over the Past 10 Years
Min: 42.22   Med: 58.48   Max: 68.23
Current: 42.22

During the past 5 years, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's highest Days Payable was 68.23. The lowest was 42.22. And the median was 58.48.

IST:HOROZ's Days Payable is ranked better than
53.53% of 964 companies
in the Transportation industry
Industry Median: 39.01 vs IST:HOROZ: 42.22

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's Days Payable increased from Mar. 2025 (38.14) to Mar. 2026 (43.15). It may suggest that Horoz Lojistik Kargo Hizmetleri ve Ticaret AS delayed paying its suppliers.

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS Days Payable Related Terms

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Horoz Lojistik Kargo Hizmetleri 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.

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS Days Payable Chart

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
68.23 63.48 58.48 52.08 42.72

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS Quarterly Data
Dec21 Dec22 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 38.14 44.20 42.84 38.51 43.15

IST:HOROZ vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Horoz Lojistik Kargo Hizmetleri 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.

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's Days Payable falls into.


IST:HOROZ
9GF Score
Horoz Lojistik Kargo Hizmetleri ve Ticaret AS IST:HOROZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Horoz Lojistik Kargo Hizmetleri 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.

Horoz Lojistik Kargo Hizmetleri ve Ticaret 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
=( (1225.5 + 1299.751) / 2 ) / 10787.553*365
=1262.6255 / 10787.553*365
=42.72

Horoz Lojistik Kargo Hizmetleri 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
=( (1299.751 + 1635.619) / 2 ) / 3104.039*365 / 4
=1467.685 / 3104.039*365 / 4
=43.15

* 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 43.15 mean?
Horoz Lojistik Kargo Hizmetleri ve Ticaret AS (IST:HOROZ) has a Days Payable of 43.15 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 Horoz Lojistik Kargo Hizmetleri ve Ticaret AS and its competitors. This is 26% below median its historical median of 58.48. Over the past decade, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's Days Payable has ranged from 42.22 to 68.23. According to the industry distribution chart, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS ranks #448 out of 964 companies in the Transportation industry, placing it in the top 46.5%.
Is Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's Days Payable too high?
Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's current Days Payable of 43.15 is 26% below median its 10-year median of 58.48. Over the past 10 years, this metric has ranged from a low of 42.22 to a high of 68.23. The Transportation industry median Days Payable is 39.01. Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's value of 43.15 is 10.6% above this industry median. Based on the distribution chart, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS ranks #448 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS ranks #448 out of 964 companies for Days Payable. This puts Horoz Lojistik Kargo Hizmetleri ve Ticaret AS in the upper half of its industry. The industry median Days Payable is 39.01. Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's value of 43.15 is 10.6% above this benchmark. Historically, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's own Days Payable has ranged from 42.22 to 68.23 over the past decade. While the company's 10-year median is 58.48 vs. the industry median of 39.01, Horoz Lojistik Kargo Hizmetleri ve Ticaret AS has consistently been above 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 Transportation company?
The median Days Payable among Transportation companies is 39.01, based on 964 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. Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's current Days Payable of 43.15 is 10.6% above 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 Horoz Lojistik Kargo Hizmetleri ve Ticaret AS and its competitors. For the Transportation industry, the median Days Payable is 39.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's current Days Payable is 43.15, which is 26% below median its own 10-year median of 58.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horoz Lojistik Kargo Hizmetleri ve Ticaret AS stock overvalued right now?
Horoz Lojistik Kargo Hizmetleri ve Ticaret AS (IST:HOROZ) has a current Days Payable of 43.15. The current Days Payable is 43.15, which is 26% below median its 10-year median of 58.48 and 10.6% above the Transportation industry median of 39.01. Horoz Lojistik Kargo Hizmetleri ve Ticaret AS's overall GF Score™ is 9/100 with 4 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 Horoz Lojistik Kargo Hizmetleri ve Ticaret AS (IST:HOROZ), the current Days Payable is 43.15 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.

Horoz Lojistik Kargo Hizmetleri ve Ticaret AS Business Description

Address Mahmutbey Mahallesi, Tasocag? Yolu, No. 2538. Sokak, Kisik Plaza, Floor No.1 No:6, Bagcilar, Istanbul, TUR
Horoz Lojistik Kargo Hizmetleri ve Ticaret AS is a Company whose field of activities involve transportation and logistics services. The company provides services in the fields of international road transportation, domestic road transportation, warehousing, partial product distribution throughout the country and e-commerce warehousing, and is an operator that provides Third party logistics services.
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