Ihlas Haber Ajansi AS (IST:IHAAS) Days Payable : 22.05 (As of Mar. 2024)

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What is Ihlas Haber Ajansi AS Days Payable?

Ihlas Haber Ajansi AS's average Accounts Payable for the three months ended in Mar. 2024 was ₺23.8 Mil. Ihlas Haber Ajansi AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺98.3 Mil. Hence, Ihlas Haber Ajansi AS's Days Payable for the three months ended in Mar. 2024 was 22.05.

The historical rank and industry rank for Ihlas Haber Ajansi AS's Days Payable or its related term are showing as below:

IST:IHAAS' s Days Payable Range Over the Past 10 Years
Min: 15.54 Med: 24.6 Max: 32.49
Current: 18.5

During the past 4 years, Ihlas Haber Ajansi AS's highest Days Payable was 32.49. The lowest was 15.54. And the median was 24.60.

IST:IHAAS's Days Payable is ranked worse than
89.72% of 924 companies
in the Media - Diversified industry
Industry Median: 81.555 vs IST:IHAAS: 18.50

Ihlas Haber Ajansi AS's Days Payable increased from Mar. 2023 (14.73) to Mar. 2024 (22.05). It may suggest that Ihlas Haber Ajansi AS delayed paying its suppliers.

Ihlas Haber Ajansi AS Days Payable Historical Data

The historical data trend for Ihlas Haber Ajansi 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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Ihlas Haber Ajansi AS Days Payable Chart

Ihlas Haber Ajansi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

32.49

22.40

15.54

26.79

Ihlas Haber Ajansi AS Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									14.73	24.72	20.25	14.91	22.05

Competitive Comparison of Ihlas Haber Ajansi AS's Days Payable

For the Broadcasting subindustry, Ihlas Haber Ajansi 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.

Ihlas Haber Ajansi AS's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ihlas Haber Ajansi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Ihlas Haber Ajansi AS's Days Payable falls into.

Ihlas Haber Ajansi 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.

Ihlas Haber Ajansi AS'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
=	( (18.017	+	27.642)	/	2 )	/	311.027	*	365
=	22.8295					/	311.027	*	365
=	26.79

Ihlas Haber Ajansi AS'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
=	( (27.642	+	19.862)	/	2 )	/	98.272	*	365 / 4
=	23.752					/	98.272	*	365 / 4
=	22.05

Ihlas Haber Ajansi AS Days Payable Related Terms

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Ihlas Haber Ajansi AS (IST:IHAAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ihlas Haber Ajansi AS (IST:IHAAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Merkez Mah. 29 October Cad., Ihlas Plaza No: 11 A/ 21, Yenibosna, Istanbul, TUR, 34197

Website

https://www.iha.com.tr

Ihlas Haber Ajansi AS is engaged in a news agency business. The company delivers visual, written, and photographic news to its subscribers via satellite and the internet. It also has started to provide broadcasting services in Iran, Iraq, Afghanistan, Pakistan, Russia, Greece, Kosovo, Israel, Palestine, Ukraine, and Central Asian Turkic Republics.

Ihlas Haber Ajansi AS (IST:IHAAS) Headlines

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