Izmir Demir Celiknayi AS (IST:IZMDC) Days Payable: 5.75 (As of Mar. 2026) — 14% Below Median


IST:IZMDC Izmir Demir Celik Sanayi AS IST:IZMDC
41 GF Score
Price ₺9.30
GF Value ₺6.81
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Izmir Demir Celiknayi AS Days Payable?

Izmir Demir Celiknayi AS IST:IZMDC +2.76% 41 Days Payable is 5.75 as of Mar. 2026, which is 14% below its 10-year median of 6.72. GuruFocus rates IST:IZMDC with a GF Score™ of 41/100 and a GF Value™ of ₺6.81 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 597 Steel companies, Izmir Demir Celiknayi AS ranks worse than 95.64% on this metric.

Izmir Demir Celiknayi AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺926 Mil. Izmir Demir Celiknayi AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺14,696 Mil. Hence, Izmir Demir Celiknayi AS's Days Payable for the three months ended in Mar. 2026 was 5.75.

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

IST:IZMDC' s Days Payable Range Over the Past 10 Years
Min: 3.5   Med: 6.72   Max: 114.22
Current: 5.35

During the past 13 years, Izmir Demir Celiknayi AS's highest Days Payable was 114.22. The lowest was 3.50. And the median was 6.72.

IST:IZMDC's Days Payable is ranked worse than
95.64% of 597 companies
in the Steel industry
Industry Median: 41.39 vs IST:IZMDC: 5.35

Izmir Demir Celiknayi AS's Days Payable increased from Mar. 2025 (4.68) to Mar. 2026 (5.75). It may suggest that Izmir Demir Celiknayi AS delayed paying its suppliers.


Izmir Demir Celiknayi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi AS Days Payable Chart

Izmir Demir Celiknayi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.46 3.50 6.58 5.55 4.65

Izmir Demir Celiknayi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.68 6.44 5.05 3.96 5.75

IST:IZMDC vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Izmir Demir Celiknayi 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.


Izmir Demir Celiknayi AS Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Izmir Demir Celiknayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Izmir Demir Celiknayi AS's Days Payable falls into.


IST:IZMDC
41GF Score
Izmir Demir Celik Sanayi AS IST:IZMDC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi AS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (878.722 + 707.362) / 2 ) / 62184.904*365
=793.042 / 62184.904*365
=4.65

Izmir Demir Celiknayi AS's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (707.362 + 1144.39) / 2 ) / 14695.944*365 / 4
=925.876 / 14695.944*365 / 4
=5.75

* 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 5.75 mean?
Izmir Demir Celiknayi AS (IST:IZMDC) has a Days Payable of 5.75 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Izmir Demir Celiknayi AS and its competitors. This is 14% below median its historical median of 6.72. Over the past decade, Izmir Demir Celiknayi AS's Days Payable has ranged from 3.50 to 114.22. According to the industry distribution chart, Izmir Demir Celiknayi AS ranks #571 out of 597 companies in the Steel industry, placing it in the top 95.6%.
Is Izmir Demir Celiknayi AS's Days Payable too high?
Izmir Demir Celiknayi AS's current Days Payable of 5.75 is 14% below median its 10-year median of 6.72. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 114.22. The Steel industry median Days Payable is 41.39. Izmir Demir Celiknayi AS's value of 5.75 is 86.1% below this industry median. Based on the distribution chart, Izmir Demir Celiknayi AS ranks #571 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Izmir Demir Celiknayi AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Izmir Demir Celiknayi AS's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Izmir Demir Celiknayi AS ranks #571 out of 597 companies for Days Payable. This places Izmir Demir Celiknayi AS in the lower half of its industry. The industry median Days Payable is 41.39. Izmir Demir Celiknayi AS's value of 5.75 is 86.1% below this benchmark. Historically, Izmir Demir Celiknayi AS's own Days Payable has ranged from 3.50 to 114.22 over the past decade. While the company's 10-year median is 6.72 vs. the industry median of 41.39, Izmir Demir Celiknayi AS has consistently been below the industry average. 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 597 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. Izmir Demir Celiknayi AS's current Days Payable of 5.75 is 86.1% 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 Izmir Demir Celiknayi AS and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Izmir Demir Celiknayi AS's current Days Payable is 5.75, which is 14% below median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Izmir Demir Celiknayi AS stock overvalued right now?
Based on GuruFocus' analysis, Izmir Demir Celiknayi AS (IST:IZMDC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.81, compared to a current price of ₺9.30 — trading 36.6% above its estimated fair value. The current Days Payable is 5.75, which is 14% below median its 10-year median of 6.72 and 86.1% below the Steel industry median of 41.39. Izmir Demir Celiknayi AS's overall GF Score™ is 41/100 with 9 warning signs to review. 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 Izmir Demir Celiknayi AS (IST:IZMDC), the current Days Payable is 5.75 as of Mar. 2026. 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.

Is Izmir Demir Celiknayi AS (IST:IZMDC) Overvalued in 2026?

Based on GuruFocus' analysis, Izmir Demir Celiknayi AS stock appears to be overvalued. The current stock price of ₺9.30 is trading 36.6% above its estimated GF Value™ of ₺6.81. GuruFocus considers Izmir Demir Celiknayi AS to be Significantly Overvalued.

Key valuation signals for IST:IZMDC:

  • Days Payable: 5.75 (14% below median its 10-year median of 6.72)
  • GF Value™: ₺6.81 vs. price of ₺9.30 (36.6% above fair value)
  • GF Score™: 41/100 with 9 warning signs
  • Industry Position: 86.1% below the Steel median (#571 of 597)

No single metric tells the full story. See the IST:IZMDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Izmir Demir Celiknayi AS Business Description

Address Şair Eşref Bulvarı No. 23, Çankaya, Izmir, TUR, 35210
Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.
41GF Score

Get the complete analysis for IST:IZMDC

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺9.30
Price
₺6.81
GF Value