Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET) Days Payable : 51.17 (As of Dec. 2024)

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What is Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Days Payable?

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's average Accounts Payable for the three months ended in Dec. 2024 was ₺332 Mil. Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺592 Mil. Hence, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Days Payable for the three months ended in Dec. 2024 was 51.17.

The historical rank and industry rank for Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Days Payable or its related term are showing as below:

IST:HRKET' s Days Payable Range Over the Past 10 Years
Min: 39.59 Med: 64.02 Max: 115.92
Current: 53.05

During the past 4 years, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's highest Days Payable was 115.92. The lowest was 39.59. And the median was 64.02.

IST:HRKET's Days Payable is ranked worse than
67.86% of 1671 companies
in the Construction industry
Industry Median: 76.84 vs IST:HRKET: 53.05

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Days Payable increased from Sep. 2023 (0.00) to Dec. 2024 (51.17). It may suggest that Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS delayed paying its suppliers.

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Days Payable Historical Data

The historical data trend for Hareket Proje Tasimaciligi ve Yuk Muhendisligi 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.

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Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Days Payable Chart

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Payable

115.92

80.75

47.29

39.59

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial			-	55.14	55.09	27.18	51.17

Competitive Comparison of Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Days Payable

For the Engineering & Construction subindustry, Hareket Proje Tasimaciligi ve Yuk Muhendisligi 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.

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Days Payable falls into.

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Hareket Proje Tasimaciligi ve Yuk Muhendisligi 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.

Hareket Proje Tasimaciligi ve Yuk Muhendisligi 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
=	( (229.769	+	328.814)	/	2 )	/	2574.617	*	365
=	279.2915					/	2574.617	*	365
=	39.59

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (335.174	+	328.814)	/	2 )	/	592.061	*	365 / 4
=	331.994					/	592.061	*	365 / 4
=	51.17

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Days Payable Related Terms

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Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS (IST:HRKET) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eyup Sultan Mh. Sekmen Cd. No: 28, Sancaktepe, Istanbul, TUR

Website

https://www.hareket.com

Hareket Proje Tasimaciligi ve Yuk Muhendisligi AS is a company whose main activities consist of project transportation, crane and equipment rental, assembly, and storage services, including heavy load transportation in the energy, petrochemical, oil and gas, infrastructure construction, and shipbuilding sectors, as well as installation, commissioning, and field testing of the equipment it uses. It is engaged in the provision of services, malfunction, maintenance, and repair activities.

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