Isbir Holding AS (IST:ISBIR) Days Payable: 96.57 (As of Sep. 2013)


What is Isbir Holding AS Days Payable?

Isbir Holding AS IST:ISBIR +3.76% Days Payable is 96.57 as of Sep. 2013.

Isbir Holding AS's average Accounts Payable for the six months ended in Sep. 2013 was ₺75.4 Mil. Isbir Holding AS's Cost of Goods Sold for the six months ended in Sep. 2013 was ₺142.5 Mil. Hence, Isbir Holding AS's Days Payable for the six months ended in Sep. 2013 was 96.57.

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

IST:ISBIR's Days Payable is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 63.86
* Ranked among companies with meaningful Days Payable only.

Isbir Holding AS's Days Payable increased from Sep. 2012 (61.23) to Sep. 2013 (96.57). It may suggest that Isbir Holding AS delayed paying its suppliers.

Isbir Holding AS Days Payable Historical Data

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The historical data trend for Isbir Holding 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.

Isbir Holding AS Days Payable Chart

Isbir Holding AS Annual Data
Trend Mar12 Mar13
Days Payable
49.65 158.07

Isbir Holding AS Semi-Annual Data
Mar12 Sep12 Mar13 Sep13
Days Payable 0.00 61.23 0.00 96.57

IST:ISBIR vs LZB, AMWD, SPB: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Isbir Holding 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.

Isbir Holding AS Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Isbir Holding AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Isbir Holding AS's Days Payable falls into.


Isbir Holding 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.

Isbir Holding AS's Days Payable for the fiscal year that ended in Mar. 2013 is calculated as

Days Payable (A: Mar. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2012 ) + Accounts Payable (A: Mar. 2013 )) / count ) / Cost of Goods Sold (A: Mar. 2013 )*Days in Period
=( (60.507 + 75.187) / 2 ) / 156.661*365
=67.847 / 156.661*365
=158.07

Isbir Holding AS's Days Payable for the quarter that ended in Sep. 2013 is calculated as:

Days Payable (Q: Sep. 2013 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2013 ) + Accounts Payable (Q: Sep. 2013 )) / count ) / Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=( (75.187 + 75.637) / 2 ) / 142.519*365 / 2
=75.412 / 142.519*365 / 2
=96.57

* 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 96.57 mean?
Isbir Holding AS (IST:ISBIR) has a Days Payable of 96.57 as of Sep. 2013. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Isbir Holding AS and its competitors.
Is Isbir Holding AS's Days Payable too high?
Isbir Holding AS's current Days Payable is 96.57. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.86. Isbir Holding AS's value of 96.57 is 51.2% above this industry median.
How does Isbir Holding AS's Days Payable compare to LZB and AMWD?
Isbir Holding AS's Days Payable of 96.57 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Days Payable is 63.86. Isbir Holding AS's value of 96.57 is 51.2% above this benchmark. 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.86, based on 415 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. Isbir Holding AS's current Days Payable of 96.57 is 51.2% 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 Isbir Holding AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Isbir Holding AS's current Days Payable is 96.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Isbir Holding AS stock overvalued right now?
Isbir Holding AS (IST:ISBIR) has a current Days Payable of 96.57. The current Days Payable is 96.57 and 51.2% above the Furnishings, Fixtures & Appliances industry median of 63.86. 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 Isbir Holding AS (IST:ISBIR), the current Days Payable is 96.57 as of Sep. 2013. 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.

Isbir Holding AS Business Description

Address Ataturk Boulevard No 169/54, Cankaya, Ankara, TUR, 6680
Isbir Holding AS is a holding company. Along with its subsidiaries, the company manufactures mattresses. Its product includes home textiles, baby products, sofa and bed series among others.