Izdemir Enerji Elektrik Uretim AS (IST:IZENR) Days Payable : 4.75 (As of Sep. 2024)

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What is Izdemir Enerji Elektrik Uretim AS Days Payable?

Izdemir Enerji Elektrik Uretim AS's average Accounts Payable for the three months ended in Sep. 2024 was ₺113 Mil. Izdemir Enerji Elektrik Uretim AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺2,163 Mil. Hence, Izdemir Enerji Elektrik Uretim AS's Days Payable for the three months ended in Sep. 2024 was 4.75.

The historical rank and industry rank for Izdemir Enerji Elektrik Uretim AS's Days Payable or its related term are showing as below:

IST:IZENR' s Days Payable Range Over the Past 10 Years
Min: 1.46 Med: 4.14 Max: 8.04
Current: 7.05

During the past 4 years, Izdemir Enerji Elektrik Uretim AS's highest Days Payable was 8.04. The lowest was 1.46. And the median was 4.14.

IST:IZENR's Days Payable is ranked worse than
96.64% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 82.68 vs IST:IZENR: 7.05

Izdemir Enerji Elektrik Uretim AS's Days Payable increased from Sep. 2023 (1.17) to Sep. 2024 (4.75). It may suggest that Izdemir Enerji Elektrik Uretim AS delayed paying its suppliers.

Izdemir Enerji Elektrik Uretim AS Days Payable Historical Data

The historical data trend for Izdemir Enerji Elektrik Uretim 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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Izdemir Enerji Elektrik Uretim AS Days Payable Chart

Izdemir Enerji Elektrik Uretim AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

8.04

4.78

1.46

3.49

Izdemir Enerji Elektrik Uretim AS Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial							1.17	-	5.34	6.59	4.75

Competitive Comparison of Izdemir Enerji Elektrik Uretim AS's Days Payable

For the Utilities - Independent Power Producers subindustry, Izdemir Enerji Elektrik Uretim 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.

Izdemir Enerji Elektrik Uretim AS's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Izdemir Enerji Elektrik Uretim AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Izdemir Enerji Elektrik Uretim AS's Days Payable falls into.

Izdemir Enerji Elektrik Uretim 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.

Izdemir Enerji Elektrik Uretim 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
=	( (59.484	+	70.605)	/	2 )	/	6798.652	*	365
=	65.0445					/	6798.652	*	365
=	3.49

Izdemir Enerji Elektrik Uretim AS's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (152.426	+	72.784)	/	2 )	/	2162.585	*	365 / 4
=	112.605					/	2162.585	*	365 / 4
=	4.75

Izdemir Enerji Elektrik Uretim AS Days Payable Related Terms

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Izdemir Enerji Elektrik Uretim AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Izdemir Enerji Elektrik Uretim AS (IST:IZENR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nemrut Cad Number 2, Horozgedigi Village, ?zmir District, Aliaga, TUR, 35808

Website

https://www.izdemirenerji.com

Izdemir Enerji Elektrik Uretim AS is an electricity generation corporation it has been established with the latest technology in accordance with the technical and environmental standards valid in Turkey and internationally which supplies 2.562 million kWh of electrical energy annually. Its power generation facility uses pulverized coal burning technology.

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