Isbir Sentetik Dokumanayi AS (IST:ISSEN) Days Payable : 12.69 (As of Dec. 2023)

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What is Isbir Sentetik Dokumanayi AS Days Payable?

Isbir Sentetik Dokumanayi AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺126 Mil. Isbir Sentetik Dokumanayi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺906 Mil. Hence, Isbir Sentetik Dokumanayi AS's Days Payable for the three months ended in Dec. 2023 was 12.69.

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

IST:ISSEN' s Days Payable Range Over the Past 10 Years
Min: 17.89 Med: 33.97 Max: 65.7
Current: 18.99

During the past 4 years, Isbir Sentetik Dokumanayi AS's highest Days Payable was 65.70. The lowest was 17.89. And the median was 33.97.

IST:ISSEN's Days Payable is ranked worse than
87.05% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.04 vs IST:ISSEN: 18.99

Isbir Sentetik Dokumanayi AS's Days Payable increased from Dec. 2022 (7.44) to Dec. 2023 (12.69). It may suggest that Isbir Sentetik Dokumanayi AS delayed paying its suppliers.

Isbir Sentetik Dokumanayi AS Days Payable Historical Data

The historical data trend for Isbir Sentetik Dokumanayi 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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Isbir Sentetik Dokumanayi AS Days Payable Chart

Isbir Sentetik Dokumanayi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

65.70

43.05

17.89

24.89

Isbir Sentetik Dokumanayi AS Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial								7.44	23.55	23.72	18.76	12.69

Competitive Comparison of Isbir Sentetik Dokumanayi AS's Days Payable

For the Textile Manufacturing subindustry, Isbir Sentetik Dokumanayi 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 Sentetik Dokumanayi AS's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Isbir Sentetik Dokumanayi AS's Days Payable distribution charts can be found below:

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

Isbir Sentetik Dokumanayi 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 Sentetik Dokumanayi 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
=	( (171.218	+	121.597)	/	2 )	/	2147.129	*	365
=	146.4075					/	2147.129	*	365
=	24.89

Isbir Sentetik Dokumanayi AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (130.295	+	121.597)	/	2 )	/	905.624	*	365 / 4
=	125.946					/	905.624	*	365 / 4
=	12.69

Isbir Sentetik Dokumanayi AS Days Payable Related Terms

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Isbir Sentetik Dokumanayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Isbir Sentetik Dokuma Sanayi AS (IST:ISSEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cayirhisar Mah. Yeni Izmir Cad, No:29 Altieylul, Balikesir, TUR

Website

https://www.isbirsentetik.com

Isbir Sentetik Dokuma Sanayi AS is engaged in manufacturing textile products. Its offerings include Big Bag, Carpet Base, Big Bag Fabrics, Mask, and PE Film.

Isbir Sentetik Dokumanayi AS Headlines

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