Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Days Payable : 145.91 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Margun Enerji Uretimnayi Ve Ticaret AS Days Payable?

Margun Enerji Uretimnayi Ve Ticaret AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺405.3 Mil. Margun Enerji Uretimnayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺253.4 Mil. Hence, Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable for the three months ended in Dec. 2023 was 145.91.

The historical rank and industry rank for Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable or its related term are showing as below:

IST:MAGEN' s Days Payable Range Over the Past 10 Years
Min: 173.04 Med: 390.69 Max: 1675.24
Current: 305.64

During the past 6 years, Margun Enerji Uretimnayi Ve Ticaret AS's highest Days Payable was 1675.24. The lowest was 173.04. And the median was 390.69.

IST:MAGEN's Days Payable is ranked better than
80.72% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77.3 vs IST:MAGEN: 305.64

Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable increased from Dec. 2022 (100.09) to Dec. 2023 (145.91). It may suggest that Margun Enerji Uretimnayi Ve Ticaret AS delayed paying its suppliers.

Margun Enerji Uretimnayi Ve Ticaret AS Days Payable Historical Data

The historical data trend for Margun Enerji Uretimnayi 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.

* Premium members only.

Margun Enerji Uretimnayi Ve Ticaret AS Days Payable Chart

Margun Enerji Uretimnayi Ve Ticaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

431.07

1,588.24

173.04

213.18

350.30

Margun Enerji Uretimnayi Ve Ticaret AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												100.09	554.35	538.10	279.87	145.91

Competitive Comparison of Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable

For the Utilities - Renewable subindustry, Margun Enerji Uretimnayi 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.

Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable falls into.

Margun Enerji Uretimnayi 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.

Margun Enerji Uretimnayi Ve Ticaret 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
=	( (648.182	+	396.364)	/	2 )	/	544.192	*	365
=	522.273					/	544.192	*	365
=	350.30

Margun Enerji Uretimnayi Ve Ticaret 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (414.144	+	396.364)	/	2 )	/	253.446	*	365 / 4
=	405.254					/	253.446	*	365 / 4
=	145.91

Margun Enerji Uretimnayi Ve Ticaret AS Days Payable Related Terms

Thank you for viewing the detailed overview of Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Margun Enerji Uretim Sanayi Ve Ticaret AS (IST:MAGEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

K?z?l?rmak Mahallesi, 1450 Street, ATM Plaza (B) Blok 1/67, Cankaya, Ankara, TUR

Website

https://www.margunenerji.com.tr

Margun Enerji Uretim Sanayi Ve Ticaret AS operates in the fields of power plant establishment, commissioning, electrical energy production, establishment, and commitment of power generation facilities in order to obtain electricity from Renewable Energy Sources, primarily Solar Energy.

Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Headlines

No Headlines