Kordsa Teknik Tekstil ASIST:KORDS +2.17%73 Days Payable is 55.23 as of Mar. 2026, which is 2% above its 10-year median of 54.37. GuruFocus rates IST:KORDS with a GF Score™ of 73/100 and a GF Value™ of ₺88.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Kordsa Teknik Tekstil AS ranks better than 50.1% on this metric.
The historical rank and industry rank for Kordsa Teknik Tekstil AS's Days Payable or its related term are showing as below:
IST:KORDS'
s Days Payable Range Over the Past 10 Years
Min: 45.33 Med: 54.37 Max: 76.79
Current: 54.13
During the past 13 years, Kordsa Teknik Tekstil AS's highest Days Payable was 76.79. The lowest was 45.33. And the median was 54.37.
IST:KORDS's Days Payable is ranked better than 50.1% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs IST:KORDS: 54.13
* 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.
Kordsa Teknik Tekstil AS Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Kordsa Teknik Tekstil 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.
Kordsa Teknik Tekstil AS Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kordsa Teknik Tekstil AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Kordsa Teknik Tekstil AS's Days Payable falls into.
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.
Kordsa Teknik Tekstil AS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Kordsa Teknik Tekstil AS (IST:KORDS) has a Days Payable of 55.23 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 Kordsa Teknik Tekstil AS and its competitors. This is near median its historical median of 54.37. Over the past decade, Kordsa Teknik Tekstil AS's Days Payable has ranged from 45.33 to 76.79. According to the industry distribution chart, Kordsa Teknik Tekstil AS ranks #508 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.9%.
Is Kordsa Teknik Tekstil AS's Days Payable too high?
Kordsa Teknik Tekstil AS's current Days Payable of 55.23 is near median its 10-year median of 54.37. Over the past 10 years, this metric has ranged from a low of 45.33 to a high of 76.79. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Kordsa Teknik Tekstil AS's value of 55.23 is 2.2% above this industry median. Based on the distribution chart, Kordsa Teknik Tekstil AS ranks #508 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Kordsa Teknik Tekstil AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kordsa Teknik Tekstil AS's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kordsa Teknik Tekstil AS ranks #508 out of 1018 companies for Days Payable. This puts Kordsa Teknik Tekstil AS in the upper half of its industry. The industry median Days Payable is 54.05. Kordsa Teknik Tekstil AS's value of 55.23 is 2.2% above this benchmark. Historically, Kordsa Teknik Tekstil AS's own Days Payable has ranged from 45.33 to 76.79 over the past decade. While the company's 10-year median is 54.37 vs. the industry median of 54.05, Kordsa Teknik Tekstil 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,018 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. Kordsa Teknik Tekstil AS's current Days Payable of 55.23 is 2.2% 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 Kordsa Teknik Tekstil AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kordsa Teknik Tekstil AS's current Days Payable is 55.23, which is near median its own 10-year median of 54.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kordsa Teknik Tekstil AS stock overvalued right now?
Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS (IST:KORDS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺88.35, compared to a current price of ₺70.50 — trading 20.2% below its estimated fair value. The current Days Payable is 55.23, which is near median its 10-year median of 54.37 and 2.2% above the Manufacturing - Apparel & Accessories industry median of 54.05. Kordsa Teknik Tekstil AS's overall GF Score™ is 73/100 with 6 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 Kordsa Teknik Tekstil AS (IST:KORDS), the current Days Payable is 55.23 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 Kordsa Teknik Tekstil AS (IST:KORDS) Overvalued in 2026?
Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS stock appears to be undervalued.
The current stock price of ₺70.50 is trading 20.2% below its estimated GF Value™ of ₺88.35.
GuruFocus considers Kordsa Teknik Tekstil AS to be Modestly Undervalued.
Key valuation signals for IST:KORDS:
Days Payable: 55.23 (near median its 10-year median of 54.37)
GF Value™: ₺88.35 vs. price of ₺70.50 (20.2% below fair value)
Industry Position: 2.2% above the Manufacturing - Apparel & Accessories median (#508 of 1018)
No single metric tells the full story. See the IST:KORDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kordsa Teknik Tekstil AS is mainly engaged in the production of carcass and industrial fabrics used in vehicle tires; manufacture of industrial fabrics used in rubber and plastic materials such as transmission belts, V belts and rubber hoses; production of heavy denier fibre and connection fabrics; conversion of yarn into cord fabric, fabric for mechanical rubber goods and other rubber reinforcement materials and the marketing thereof; and production of Nylon 6, Nylon 6.6, PET (Polyethyleneterephthalate) HMLS polyester, and rayon heavy decitex yarn for use in tires and mechanical rubber goods. The Company operates in Europe, the Middle East and Africa, North America, South America and Asia.
73GF Score
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