Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) Days Payable : 19.61 (As of Dec. 2023)

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What is Kustur Kusadasi Turizm Endustrisi AS Days Payable?

Kustur Kusadasi Turizm Endustrisi AS's average Accounts Payable for the six months ended in Dec. 2023 was ₺10.3 Mil. Kustur Kusadasi Turizm Endustrisi AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺95.6 Mil. Hence, Kustur Kusadasi Turizm Endustrisi AS's Days Payable for the six months ended in Dec. 2023 was 19.61.

The historical rank and industry rank for Kustur Kusadasi Turizm Endustrisi AS's Days Payable or its related term are showing as below:

IST:KSTUR' s Days Payable Range Over the Past 10 Years
Min: 6.5 Med: 38.05 Max: 56.54
Current: 29.37

During the past 13 years, Kustur Kusadasi Turizm Endustrisi AS's highest Days Payable was 56.54. The lowest was 6.50. And the median was 38.05.

IST:KSTUR's Days Payable is ranked worse than
73.81% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.71 vs IST:KSTUR: 29.37

Kustur Kusadasi Turizm Endustrisi AS's Days Payable increased from Dec. 2022 (17.48) to Dec. 2023 (19.61). It may suggest that Kustur Kusadasi Turizm Endustrisi AS delayed paying its suppliers.

Kustur Kusadasi Turizm Endustrisi AS Days Payable Historical Data

The historical data trend for Kustur Kusadasi Turizm Endustrisi 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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Kustur Kusadasi Turizm Endustrisi AS Days Payable Chart

Kustur Kusadasi Turizm Endustrisi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.56

40.54

6.50

19.99

23.93

Kustur Kusadasi Turizm Endustrisi AS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															13.70	37.82	17.48	68.02	19.61

Competitive Comparison of Kustur Kusadasi Turizm Endustrisi AS's Days Payable

For the Lodging subindustry, Kustur Kusadasi Turizm Endustrisi 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.

Kustur Kusadasi Turizm Endustrisi AS's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kustur Kusadasi Turizm Endustrisi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Kustur Kusadasi Turizm Endustrisi AS's Days Payable falls into.

Kustur Kusadasi Turizm Endustrisi 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.

Kustur Kusadasi Turizm Endustrisi 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
=	( (10.543	+	6.339)	/	2 )	/	128.751	*	365
=	8.441					/	128.751	*	365
=	23.93

Kustur Kusadasi Turizm Endustrisi AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14.197	+	6.339)	/	2 )	/	95.562	*	365 / 2
=	10.268					/	95.562	*	365 / 2
=	19.61

Kustur Kusadasi Turizm Endustrisi AS Days Payable Related Terms

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Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bayraklidede Mah Ku?tur Tatil, Köyü, Ku?adas?, Aydin, TUR, 09400

Website

http://www.kusturclub.com

Kustur Kusadasi Turizm Endustrisi A.S., is a club. The Company provides tourists, recreation, entertainment and other needs and services.

Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) Headlines

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