Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Days Payable: 97.75 (As of Mar. 2026) — 65% Below Median


IST:MAGEN Margun Enerji Uretim Sanayi Ve Ticaret AS IST:MAGEN
53 GF Score
Price ₺30.68
GF Value ₺12.87
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Margun Enerji Uretimnayi Ve Ticaret AS Days Payable?

Margun Enerji Uretimnayi Ve Ticaret AS IST:MAGEN -5.31% 53 Days Payable is 97.75 as of Mar. 2026, which is 65% below its 10-year median of 282.13. GuruFocus rates IST:MAGEN with a GF Score™ of 53/100 and a GF Value™ of ₺12.87 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Margun Enerji Uretimnayi Ve Ticaret AS ranks better than 68.46% on this metric.

Margun Enerji Uretimnayi Ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺341 Mil. Margun Enerji Uretimnayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺319 Mil. Hence, Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 97.75.

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: 154.88   Med: 282.13   Max: 1675.24
Current: 154.88

During the past 8 years, Margun Enerji Uretimnayi Ve Ticaret AS's highest Days Payable was 1675.24. The lowest was 154.88. And the median was 282.13.

IST:MAGEN's Days Payable is ranked better than
68.46% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs IST:MAGEN: 154.88

Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable declined from Mar. 2025 (250.25) to Mar. 2026 (97.75). It may suggest that Margun Enerji Uretimnayi Ve Ticaret AS accelerated paying its suppliers.


Margun Enerji Uretimnayi Ve Ticaret AS Days Payable Related Terms


Margun Enerji Uretimnayi Ve Ticaret AS Days Payable Historical Data

* Premium members only.

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.

Margun Enerji Uretimnayi Ve Ticaret AS Days Payable Chart

Margun Enerji Uretimnayi Ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 173.04 213.18 351.08 205.37 191.45

Margun Enerji Uretimnayi 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 250.25 154.52 187.82 166.53 97.75

Margun Enerji Uretimnayi Ve Ticaret AS Days Payable Competitor Comparison

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 Days Payable vs 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.


IST:MAGEN
53GF Score
Margun Enerji Uretim Sanayi Ve Ticaret AS IST:MAGEN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 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
=( (555.292 + 498.081) / 2 ) / 1004.117*365
=526.6865 / 1004.117*365
=191.45

Margun Enerji Uretimnayi 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
=( (498.081 + 184.807) / 2 ) / 318.751*365 / 4
=341.444 / 318.751*365 / 4
=97.75

* 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 97.75 mean?
Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) has a Days Payable of 97.75 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 Margun Enerji Uretimnayi Ve Ticaret AS and its competitors. This is 65% below median its historical median of 282.13. Over the past decade, Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable has ranged from 154.88 to 1,675.24. According to the industry distribution chart, Margun Enerji Uretimnayi Ve Ticaret AS ranks #123 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.5%.
Is Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable too high?
Margun Enerji Uretimnayi Ve Ticaret AS's current Days Payable of 97.75 is 65% below median its 10-year median of 282.13. Over the past 10 years, this metric has ranged from a low of 154.88 to a high of 1,675.24. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Margun Enerji Uretimnayi Ve Ticaret AS's value of 97.75 is 22.3% above this industry median. Based on the distribution chart, Margun Enerji Uretimnayi Ve Ticaret AS ranks #123 out of 390 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Margun Enerji Uretimnayi Ve Ticaret AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Margun Enerji Uretimnayi Ve Ticaret AS's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Margun Enerji Uretimnayi Ve Ticaret AS ranks #123 out of 390 companies for Days Payable. This puts Margun Enerji Uretimnayi Ve Ticaret AS in the upper half of its industry. The industry median Days Payable is 79.90. Margun Enerji Uretimnayi Ve Ticaret AS's value of 97.75 is 22.3% above this benchmark. Historically, Margun Enerji Uretimnayi Ve Ticaret AS's own Days Payable has ranged from 154.88 to 1,675.24 over the past decade. While the company's 10-year median is 282.13 vs. the industry median of 79.90, Margun Enerji Uretimnayi 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Margun Enerji Uretimnayi Ve Ticaret AS's current Days Payable of 97.75 is 22.3% 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 Margun Enerji Uretimnayi Ve Ticaret AS and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Margun Enerji Uretimnayi Ve Ticaret AS's current Days Payable is 97.75, which is 65% below median its own 10-year median of 282.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Margun Enerji Uretimnayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺12.87, compared to a current price of ₺30.68 — trading 138.4% above its estimated fair value. The current Days Payable is 97.75, which is 65% below median its 10-year median of 282.13 and 22.3% above the Utilities - Independent Power Producers industry median of 79.90. Margun Enerji Uretimnayi Ve Ticaret AS's overall GF Score™ is 53/100 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 Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN), the current Days Payable is 97.75 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 Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Margun Enerji Uretimnayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺30.68 is trading 138.4% above its estimated GF Value™ of ₺12.87. GuruFocus considers Margun Enerji Uretimnayi Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:MAGEN:

  • Days Payable: 97.75 (65% below median its 10-year median of 282.13)
  • GF Value™: ₺12.87 vs. price of ₺30.68 (138.4% above fair value)
  • GF Score™: 53/100 with 9 warning signs
  • Industry Position: 22.3% above the Utilities - Independent Power Producers median (#123 of 390)

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


Margun Enerji Uretimnayi Ve Ticaret AS Business Description

Address Ufuk Universitesi Caddesi No: 4/69, Floors 25-26, 1450 Sokak No: 1/67, Next Level Loft Office, Kizilirmak Mahallesi, Cankaya, Ankara, TUR
Margun Enerji Uretim Sanayi Ve Ticaret AS operates in the establishment and commissioning of power plants to generate electricity from renewable energy sources, primarily solar energy, electric power generation, establishment and contracting of power generation facilities. Its project development activities are located in Europe mainly in Spain, Italy, Germany, Netherlands, Romania, Greece, in United Kingdom and the United States.
53GF Score

Get the complete analysis for IST:MAGEN

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

₺30.68
Price
₺12.87
GF Value