Iz Yatirim Holding Anonim Sirketi (IST:IZINV) Days Payable: 26.22 (As of Sep. 2024)

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IST:IZINV Iz Yatirim Holding Anonim Sirketi IST:IZINV
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What is Iz Yatirim Holding Anonim Sirketi Days Payable?

Iz Yatirim Holding Anonim Sirketi IST:IZINV -3.85% 5 Days Payable is 26.22 as of Sep. 2024. GuruFocus rates IST:IZINV with a GF Score™ of 5/100.

Iz Yatirim Holding Anonim Sirketi's average Accounts Payable for the three months ended in Sep. 2024 was ₺2.49 Mil. Iz Yatirim Holding Anonim Sirketi's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺8.67 Mil. Hence, Iz Yatirim Holding Anonim Sirketi's Days Payable for the three months ended in Sep. 2024 was 26.22.

The historical rank and industry rank for Iz Yatirim Holding Anonim Sirketi's Days Payable or its related term are showing as below:

IST:IZINV's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 56.11
* Ranked among companies with meaningful Days Payable only.

Iz Yatirim Holding Anonim Sirketi's Days Payable declined from Sep. 2023 (97.11) to Sep. 2024 (26.22). It may suggest that Iz Yatirim Holding Anonim Sirketi accelerated paying its suppliers.

Iz Yatirim Holding Anonim Sirketi Days Payable Related Terms

Iz Yatirim Holding Anonim Sirketi Days Payable Historical Data

* Premium members only.

The historical data trend for Iz Yatirim Holding Anonim Sirketi'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.

Iz Yatirim Holding Anonim Sirketi Days Payable Chart

Iz Yatirim Holding Anonim Sirketi Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 180.97 278.63 174.55 51.67 77.58

Iz Yatirim Holding Anonim Sirketi Quarterly Data
Dec15 Dec16 Dec17 Dec18 Jun19 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.11 23.76 28.90 26.66 26.22

IST:IZINV vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Iz Yatirim Holding Anonim Sirketi'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.

Iz Yatirim Holding Anonim Sirketi Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Iz Yatirim Holding Anonim Sirketi's Days Payable distribution charts can be found below:

* The bar in red indicates where Iz Yatirim Holding Anonim Sirketi's Days Payable falls into.


IST:IZINV
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Iz Yatirim Holding Anonim Sirketi IST:IZINV
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Iz Yatirim Holding Anonim Sirketi 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.

Iz Yatirim Holding Anonim Sirketi'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
=( (6.637 + 0.518) / 2 ) / 16.832*365
=3.5775 / 16.832*365
=77.58

Iz Yatirim Holding Anonim Sirketi'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
=( (3.916 + 1.068) / 2 ) / 8.672*365 / 4
=2.492 / 8.672*365 / 4
=26.22

* 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 26.22 mean?
Iz Yatirim Holding Anonim Sirketi (IST:IZINV) has a Days Payable of 26.22 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Iz Yatirim Holding Anonim Sirketi and its competitors.
Is Iz Yatirim Holding Anonim Sirketi's Days Payable too high?
Iz Yatirim Holding Anonim Sirketi's current Days Payable is 26.22. The Conglomerates industry median Days Payable is 56.11. Iz Yatirim Holding Anonim Sirketi's value of 26.22 is 53.3% below this industry median. Overall, Iz Yatirim Holding Anonim Sirketi has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Iz Yatirim Holding Anonim Sirketi's Days Payable compare to HON and MMM?
Iz Yatirim Holding Anonim Sirketi's Days Payable of 26.22 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 56.11. Iz Yatirim Holding Anonim Sirketi's value of 26.22 is 53.3% below 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.11, based on 510 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. Iz Yatirim Holding Anonim Sirketi's current Days Payable of 26.22 is 53.3% below 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 Iz Yatirim Holding Anonim Sirketi and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iz Yatirim Holding Anonim Sirketi's current Days Payable is 26.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iz Yatirim Holding Anonim Sirketi stock overvalued right now?
Iz Yatirim Holding Anonim Sirketi (IST:IZINV) has a current Days Payable of 26.22. The current Days Payable is 26.22 and 53.3% below the Conglomerates industry median of 56.11. Iz Yatirim Holding Anonim Sirketi's overall GF Score™ is 5/100. 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 Iz Yatirim Holding Anonim Sirketi (IST:IZINV), the current Days Payable is 26.22 as of Sep. 2024. 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.

Iz Yatirim Holding Anonim Sirketi Business Description

Address Yenikoy Mahallesi, Sari Asma Sokak No: 5, Sariyer, Istanbul, TUR
Iz Yatirim Holding Anonim Sirketi is an investment holding company. The company is engaged in the field of agriculture and breeding and cold storage.
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