Kocaer Celiknayi ve Ticaret AS (IST:KCAER) Days Payable: 96.25 (As of Mar. 2026) — 164% Above Median


IST:KCAER Kocaer Celik Sanayi ve Ticaret AS IST:KCAER
88 GF Score
Price ₺13.39
GF Value ₺13.97
Valuation Fairly Valued
! 9 Warning Signs
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What is Kocaer Celiknayi ve Ticaret AS Days Payable?

Kocaer Celiknayi ve Ticaret AS IST:KCAER +0.68% 88 Days Payable is 96.25 as of Mar. 2026, which is 164% above its 10-year median of 36.51. GuruFocus rates IST:KCAER with a GF Score™ of 88/100 and a GF Value™ of ₺13.97 (Fairly Valued). The stock has 9 warning signs investors should review. Among 597 Steel companies, Kocaer Celiknayi ve Ticaret AS ranks better than 77.72% on this metric.

Kocaer Celiknayi ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺4,339 Mil. Kocaer Celiknayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺4,113 Mil. Hence, Kocaer Celiknayi ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 96.25.

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

IST:KCAER' s Days Payable Range Over the Past 10 Years
Min: 21.88   Med: 36.51   Max: 94.22
Current: 83.71

During the past 7 years, Kocaer Celiknayi ve Ticaret AS's highest Days Payable was 94.22. The lowest was 21.88. And the median was 36.51.

IST:KCAER's Days Payable is ranked better than
77.72% of 597 companies
in the Steel industry
Industry Median: 41.39 vs IST:KCAER: 83.71

Kocaer Celiknayi ve Ticaret AS's Days Payable declined from Mar. 2025 (101.23) to Mar. 2026 (96.25). It may suggest that Kocaer Celiknayi ve Ticaret AS accelerated paying its suppliers.


Kocaer Celiknayi ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Kocaer Celiknayi ve Ticaret 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.

Kocaer Celiknayi ve Ticaret AS Days Payable Chart

Kocaer Celiknayi ve Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 33.00 21.88 31.34 64.11 94.22

Kocaer Celiknayi ve Ticaret 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 101.23 96.51 79.96 66.81 96.25

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

For the Steel subindustry, Kocaer Celiknayi ve Ticaret 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.


Kocaer Celiknayi ve Ticaret AS Days Payable vs Steel Industry

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

* The bar in red indicates where Kocaer Celiknayi ve Ticaret AS's Days Payable falls into.


IST:KCAER
88GF Score
Kocaer Celik Sanayi ve Ticaret AS IST:KCAER
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kocaer Celiknayi ve Ticaret 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.

Kocaer Celiknayi ve Ticaret 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
=( (5654.602 + 4448.374) / 2 ) / 19568.095*365
=5051.488 / 19568.095*365
=94.22

Kocaer Celiknayi ve Ticaret 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
=( (4448.374 + 4228.702) / 2 ) / 4113.034*365 / 4
=4338.538 / 4113.034*365 / 4
=96.25

* 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 96.25 mean?
Kocaer Celiknayi ve Ticaret AS (IST:KCAER) has a Days Payable of 96.25 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 Kocaer Celiknayi ve Ticaret AS and its competitors. This is 164% above median its historical median of 36.51. Over the past decade, Kocaer Celiknayi ve Ticaret AS's Days Payable has ranged from 21.88 to 94.22. According to the industry distribution chart, Kocaer Celiknayi ve Ticaret AS ranks #133 out of 597 companies in the Steel industry, placing it in the top 22.3%.
Is Kocaer Celiknayi ve Ticaret AS's Days Payable too high?
Kocaer Celiknayi ve Ticaret AS's current Days Payable of 96.25 is 164% above median its 10-year median of 36.51. Over the past 10 years, this metric has ranged from a low of 21.88 to a high of 94.22. The Steel industry median Days Payable is 41.39. Kocaer Celiknayi ve Ticaret AS's value of 96.25 is 132.5% above this industry median. Based on the distribution chart, Kocaer Celiknayi ve Ticaret AS ranks #133 out of 597 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Kocaer Celiknayi ve Ticaret AS has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kocaer Celiknayi ve Ticaret AS's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Kocaer Celiknayi ve Ticaret AS ranks #133 out of 597 companies for Days Payable. This places Kocaer Celiknayi ve Ticaret AS in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Kocaer Celiknayi ve Ticaret AS's value of 96.25 is 132.5% above this benchmark. Historically, Kocaer Celiknayi ve Ticaret AS's own Days Payable has ranged from 21.88 to 94.22 over the past decade. While the company's 10-year median is 36.51 vs. the industry median of 41.39, Kocaer Celiknayi ve Ticaret AS has consistently been above 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. Kocaer Celiknayi ve Ticaret AS's current Days Payable of 96.25 is 132.5% 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 Kocaer Celiknayi ve Ticaret 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. Kocaer Celiknayi ve Ticaret AS's current Days Payable is 96.25, which is 164% above median its own 10-year median of 36.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kocaer Celiknayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Kocaer Celiknayi ve Ticaret AS (IST:KCAER) is currently considered Fairly Valued. The stock's GF Value™ is ₺13.97, compared to a current price of ₺13.39 — trading 4.2% below its estimated fair value. The current Days Payable is 96.25, which is 164% above median its 10-year median of 36.51 and 132.5% above the Steel industry median of 41.39. Kocaer Celiknayi ve Ticaret AS's overall GF Score™ is 88/100 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 Kocaer Celiknayi ve Ticaret AS (IST:KCAER), the current Days Payable is 96.25 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 Kocaer Celiknayi ve Ticaret AS (IST:KCAER) Overvalued in 2026?

Based on GuruFocus' analysis, Kocaer Celiknayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺13.39 is trading 4.2% below its estimated GF Value™ of ₺13.97. GuruFocus considers Kocaer Celiknayi ve Ticaret AS to be Fairly Valued.

Key valuation signals for IST:KCAER:

  • Days Payable: 96.25 (164% above median its 10-year median of 36.51)
  • GF Value™: ₺13.97 vs. price of ₺13.39 (4.2% below fair value)
  • GF Score™: 88/100 with 9 warning signs
  • Industry Position: 132.5% above the Steel median (#133 of 597)

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


Kocaer Celiknayi ve Ticaret AS Business Description

Address Menderes Boulevard No:45, Merkezefendi, Denizli, TUR, 7519
Kocaer Celik Sanayi ve Ticaret AS manufactures steel products. The company manufactures and sells a wide range of steel products, including merchant bars, universal beams, channels, mining and tunneling steel profiles, and specialized steel profiles for sectors like solar energy infrastructure, energy transmission lines, structural steel, transportation, mining, tunneling, shipbuilding, agriculture, machinery manufacturing, and defense.
88GF Score

Get the complete analysis for IST:KCAER

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

₺13.39
Price
₺13.97
GF Value