Metropal Kurumsal Hizmetler AS (IST:MCARD) Days Payable: 600.37 (As of Dec. 2024) — 16% Below Median


IST:MCARD Metropal Kurumsal Hizmetler AS IST:MCARD
23 GF Score
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What is Metropal Kurumsal Hizmetler AS Days Payable?

Metropal Kurumsal Hizmetler AS IST:MCARD -4.61% 23 Days Payable is 600.37 as of Dec. 2024, which is 16% below its 10-year median of 717.70. GuruFocus rates IST:MCARD with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 2,602 Software companies, Metropal Kurumsal Hizmetler AS ranks better than 93.54% on this metric.

Metropal Kurumsal Hizmetler AS's average Accounts Payable for the six months ended in Dec. 2024 was ₺2,281 Mil. Metropal Kurumsal Hizmetler AS's Cost of Goods Sold for the six months ended in Dec. 2024 was ₺1,387 Mil. Hence, Metropal Kurumsal Hizmetler AS's Days Payable for the six months ended in Dec. 2024 was 300.18.

The historical rank and industry rank for Metropal Kurumsal Hizmetler AS's Days Payable or its related term are showing as below:

IST:MCARD' s Days Payable Range Over the Past 10 Years
Min: 600.37   Med: 717.7   Max: 774.53
Current: 600.37

During the past 3 years, Metropal Kurumsal Hizmetler AS's highest Days Payable was 774.53. The lowest was 600.37. And the median was 717.70.

IST:MCARD's Days Payable is ranked better than
93.54% of 2602 companies
in the Software industry
Industry Median: 53.825 vs IST:MCARD: 600.37

Metropal Kurumsal Hizmetler AS's Days Payable declined from Dec. 2022 (774.53) to Dec. 2024 (600.37). It may suggest that Metropal Kurumsal Hizmetler AS accelerated paying its suppliers.

Metropal Kurumsal Hizmetler AS Days Payable Historical Data

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The historical data trend for Metropal Kurumsal Hizmetler 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.

Metropal Kurumsal Hizmetler AS Days Payable Chart

Metropal Kurumsal Hizmetler AS Annual Data
Trend Dec22 Dec23 Dec24
Days Payable
774.53 717.70 600.37

Metropal Kurumsal Hizmetler AS Semi-Annual Data
Dec22 Dec23 Dec24
Days Payable 774.53 717.70 600.37

IST:MCARD vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Metropal Kurumsal Hizmetler 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.

Metropal Kurumsal Hizmetler AS Days Payable vs Software Industry

For the Software industry and Technology sector, Metropal Kurumsal Hizmetler AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Metropal Kurumsal Hizmetler AS's Days Payable falls into.


IST:MCARD
23GF Score
Metropal Kurumsal Hizmetler AS IST:MCARD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Metropal Kurumsal Hizmetler 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.

Metropal Kurumsal Hizmetler AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2117.346 + 2444.155) / 2 ) / 1386.604*365
=2280.7505 / 1386.604*365
=600.37

Metropal Kurumsal Hizmetler AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (2117.346 + 2444.155) / 2 ) / 1386.604*365 / 2
=2280.7505 / 1386.604*365 / 2
=300.18

* 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 600.37 mean?
Metropal Kurumsal Hizmetler AS (IST:MCARD) has a Days Payable of 600.37 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Metropal Kurumsal Hizmetler AS and its competitors. This is 16% below median its historical median of 717.70. Over the past decade, Metropal Kurumsal Hizmetler AS's Days Payable has ranged from 600.37 to 774.53. According to the industry distribution chart, Metropal Kurumsal Hizmetler AS ranks #168 out of 2602 companies in the Software industry, placing it in the top 6.5%.
Is Metropal Kurumsal Hizmetler AS's Days Payable too high?
Metropal Kurumsal Hizmetler AS's current Days Payable of 600.37 is 16% below median its 10-year median of 717.70. Over the past 10 years, this metric has ranged from a low of 600.37 to a high of 774.53. The Software industry median Days Payable is 53.83. Metropal Kurumsal Hizmetler AS's value of 600.37 is 1015.4% above this industry median. Based on the distribution chart, Metropal Kurumsal Hizmetler AS ranks #168 out of 2602 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Metropal Kurumsal Hizmetler AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Metropal Kurumsal Hizmetler AS's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Metropal Kurumsal Hizmetler AS ranks #168 out of 2602 companies for Days Payable. This places Metropal Kurumsal Hizmetler AS in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.83. Metropal Kurumsal Hizmetler AS's value of 600.37 is 1015.4% above this benchmark. Historically, Metropal Kurumsal Hizmetler AS's own Days Payable has ranged from 600.37 to 774.53 over the past decade. While the company's 10-year median is 717.70 vs. the industry median of 53.83, Metropal Kurumsal Hizmetler 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 Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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. Metropal Kurumsal Hizmetler AS's current Days Payable of 600.37 is 1015.4% 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 Metropal Kurumsal Hizmetler AS and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metropal Kurumsal Hizmetler AS's current Days Payable is 600.37, which is 16% below median its own 10-year median of 717.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metropal Kurumsal Hizmetler AS stock overvalued right now?
Metropal Kurumsal Hizmetler AS (IST:MCARD) has a current Days Payable of 600.37. The current Days Payable is 600.37, which is 16% below median its 10-year median of 717.70 and 1015.4% above the Software industry median of 53.83. Metropal Kurumsal Hizmetler AS's overall GF Score™ is 23/100 with 1 warning sign 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 Metropal Kurumsal Hizmetler AS (IST:MCARD), the current Days Payable is 600.37 as of Dec. 2024. 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.

Metropal Kurumsal Hizmetler AS Business Description

Address Kisikli Street, No: 30, Altunizade Neighborhood, Uskudar, Istanbul, TUR, 34662
Metropal Kurumsal Hizmetler AS is a Turkish fintech company operating as MetropolCard, which provides an electronic payment system that enables companies to manage, track, and audit employee meal allowances online through smart cards.
23GF Score

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