Limak Dogu Anadolu Cimento (IST:LMKDC) Days Payable: 60.03 (As of Jun. 2026) — 21% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:LMKDC Limak Dogu Anadolu Cimento IST:LMKDC
68 GF Score
Price ₺24.58
! 2 Warning Signs
View Full Analysis

What is Limak Dogu Anadolu Cimento Days Payable?

Limak Dogu Anadolu Cimento IST:LMKDC -0.08% 68 Days Payable is 60.03 as of Jun. 2026, which is 21% below its 10-year median of 75.61. GuruFocus rates IST:LMKDC with a GF Score™ of 68/100. The stock has 2 warning signs investors should review. Among 398 Building Materials companies, Limak Dogu Anadolu Cimento ranks worse than 60.05% on this metric.

Limak Dogu Anadolu Cimento's average Accounts Payable for the three months ended in Jun. 2026 was ₺1,021 Mil. Limak Dogu Anadolu Cimento's Cost of Goods Sold for the three months ended in Jun. 2026 was ₺1,551 Mil. Hence, Limak Dogu Anadolu Cimento's Days Payable for the three months ended in Jun. 2026 was 60.03.

The historical rank and industry rank for Limak Dogu Anadolu Cimento's Days Payable or its related term are showing as below:

IST:LMKDC' s Days Payable Range Over the Past 10 Years
Min: 37.08   Med: 75.61   Max: 138.92
Current: 61.5

During the past 6 years, Limak Dogu Anadolu Cimento's highest Days Payable was 138.92. The lowest was 37.08. And the median was 75.61.

IST:LMKDC's Days Payable is ranked worse than
60.05% of 398 companies
in the Building Materials industry
Industry Median: 67.68 vs IST:LMKDC: 61.50

Limak Dogu Anadolu Cimento's Days Payable increased from Jun. 2025 (41.33) to Jun. 2026 (60.03). It may suggest that Limak Dogu Anadolu Cimento delayed paying its suppliers.


Limak Dogu Anadolu Cimento Days Payable Historical Data

* Premium members only.

The historical data trend for Limak Dogu Anadolu Cimento'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.

Limak Dogu Anadolu Cimento Days Payable Chart

Limak Dogu Anadolu Cimento Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 138.92 91.67 37.08 46.67 59.54

Limak Dogu Anadolu Cimento Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 41.33 56.56 50.94 97.84 60.03

IST:LMKDC vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Limak Dogu Anadolu Cimento'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.


Limak Dogu Anadolu Cimento Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Limak Dogu Anadolu Cimento's Days Payable distribution charts can be found below:

* The bar in red indicates where Limak Dogu Anadolu Cimento's Days Payable falls into.


IST:LMKDC
68GF Score
Limak Dogu Anadolu Cimento IST:LMKDC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Limak Dogu Anadolu Cimento 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.

Limak Dogu Anadolu Cimento'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
=( (610.521 + 1082.78) / 2 ) / 5189.974*365
=846.6505 / 5189.974*365
=59.54

Limak Dogu Anadolu Cimento's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1054.078 + 987.275) / 2 ) / 1551.399*365 / 4
=1020.6765 / 1551.399*365 / 4
=60.03

* 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 60.03 mean?
Limak Dogu Anadolu Cimento (IST:LMKDC) has a Days Payable of 60.03 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Limak Dogu Anadolu Cimento and its competitors. This is 21% below median its historical median of 75.61. Over the past decade, Limak Dogu Anadolu Cimento's Days Payable has ranged from 37.08 to 138.92. According to the industry distribution chart, Limak Dogu Anadolu Cimento ranks #239 out of 398 companies in the Building Materials industry, placing it in the top 60.1%.
Is Limak Dogu Anadolu Cimento's Days Payable too high?
Limak Dogu Anadolu Cimento's current Days Payable of 60.03 is 21% below median its 10-year median of 75.61. Over the past 10 years, this metric has ranged from a low of 37.08 to a high of 138.92. The Building Materials industry median Days Payable is 67.68. Limak Dogu Anadolu Cimento's value of 60.03 is 11.3% below this industry median. Based on the distribution chart, Limak Dogu Anadolu Cimento ranks #239 out of 398 companies in the Building Materials industry, which is below the industry midpoint. Overall, Limak Dogu Anadolu Cimento has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Limak Dogu Anadolu Cimento's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Limak Dogu Anadolu Cimento ranks #239 out of 398 companies for Days Payable. This places Limak Dogu Anadolu Cimento in the lower half of its industry. The industry median Days Payable is 67.68. Limak Dogu Anadolu Cimento's value of 60.03 is 11.3% below this benchmark. Historically, Limak Dogu Anadolu Cimento's own Days Payable has ranged from 37.08 to 138.92 over the past decade. While the company's 10-year median is 75.61 vs. the industry median of 67.68, Limak Dogu Anadolu Cimento 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 Building Materials company?
The median Days Payable among Building Materials companies is 67.68, based on 398 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. Limak Dogu Anadolu Cimento's current Days Payable of 60.03 is 11.3% 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 Limak Dogu Anadolu Cimento and its competitors. For the Building Materials industry, the median Days Payable is 67.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Limak Dogu Anadolu Cimento's current Days Payable is 60.03, which is 21% below median its own 10-year median of 75.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Limak Dogu Anadolu Cimento stock overvalued right now?
Limak Dogu Anadolu Cimento (IST:LMKDC) has a current Days Payable of 60.03. The current Days Payable is 60.03, which is 21% below median its 10-year median of 75.61 and 11.3% below the Building Materials industry median of 67.68. Limak Dogu Anadolu Cimento's overall GF Score™ is 68/100 with 2 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 Limak Dogu Anadolu Cimento (IST:LMKDC), the current Days Payable is 60.03 as of Jun. 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.

Limak Dogu Anadolu Cimento Business Description

Address Bahcekapi Mah. Guvercinlik, Limak Ankara Cement Factory, Inside Etimesgut, Ankara, TUR
Limak Dogu Anadolu Cimento is a cement company operating n the cement sector. The main activity of the Company is clinker and cement production, marketing and sales in abroad.
68GF Score

Get the complete analysis for IST:LMKDC

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

₺24.58
Price