Mega Metalnayi ve Ticaret AS (IST:MEGMT) Days Payable: 31.72 (As of Mar. 2026) — Near Median


IST:MEGMT Mega Metal Sanayi ve Ticaret AS IST:MEGMT
55 GF Score
Price ₺75.00
! 5 Warning Signs
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What is Mega Metalnayi ve Ticaret AS Days Payable?

Mega Metalnayi ve Ticaret AS IST:MEGMT +0.54% 55 Days Payable is 31.72 as of Mar. 2026, which is 3% above its 10-year median of 30.75. GuruFocus rates IST:MEGMT with a GF Score™ of 55/100. The stock has 5 warning signs investors should review. Among 2,987 Industrial Products companies, Mega Metalnayi ve Ticaret AS ranks worse than 88.75% on this metric.

Mega Metalnayi ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺2,598 Mil. Mega Metalnayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺7,472 Mil. Hence, Mega Metalnayi ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 31.72.

The historical rank and industry rank for Mega Metalnayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:MEGMT' s Days Payable Range Over the Past 10 Years
Min: 18.48   Med: 30.75   Max: 48.46
Current: 28.11

During the past 6 years, Mega Metalnayi ve Ticaret AS's highest Days Payable was 48.46. The lowest was 18.48. And the median was 30.75.

IST:MEGMT's Days Payable is ranked worse than
88.75% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs IST:MEGMT: 28.11

Mega Metalnayi ve Ticaret AS's Days Payable increased from Mar. 2025 (16.35) to Mar. 2026 (31.72). It may suggest that Mega Metalnayi ve Ticaret AS delayed paying its suppliers.


Mega Metalnayi ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Mega Metalnayi 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.

Mega Metalnayi ve Ticaret AS Days Payable Chart

Mega Metalnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 42.76 30.90 30.59 18.48 28.03

Mega Metalnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 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 16.35 20.07 25.12 34.77 31.72

IST:MEGMT vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Mega Metalnayi 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.


Mega Metalnayi ve Ticaret AS Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mega Metalnayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Mega Metalnayi ve Ticaret AS's Days Payable falls into.


IST:MEGMT
55GF Score
Mega Metal Sanayi ve Ticaret AS IST:MEGMT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Metalnayi 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.

Mega Metalnayi 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
=( (594.343 + 2644.926) / 2 ) / 21089.599*365
=1619.6345 / 21089.599*365
=28.03

Mega Metalnayi 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
=( (2644.926 + 2550.674) / 2 ) / 7472.25*365 / 4
=2597.8 / 7472.25*365 / 4
=31.72

* 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 31.72 mean?
Mega Metalnayi ve Ticaret AS (IST:MEGMT) has a Days Payable of 31.72 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 Mega Metalnayi ve Ticaret AS and its competitors. This is near median its historical median of 30.75. Over the past decade, Mega Metalnayi ve Ticaret AS's Days Payable has ranged from 18.48 to 48.46. According to the industry distribution chart, Mega Metalnayi ve Ticaret AS ranks #2651 out of 2987 companies in the Industrial Products industry, placing it in the top 88.8%.
Is Mega Metalnayi ve Ticaret AS's Days Payable too high?
Mega Metalnayi ve Ticaret AS's current Days Payable of 31.72 is near median its 10-year median of 30.75. Over the past 10 years, this metric has ranged from a low of 18.48 to a high of 48.46. The Industrial Products industry median Days Payable is 78.05. Mega Metalnayi ve Ticaret AS's value of 31.72 is 59.4% below this industry median. Based on the distribution chart, Mega Metalnayi ve Ticaret AS ranks #2651 out of 2987 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mega Metalnayi ve Ticaret AS has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Mega Metalnayi ve Ticaret AS's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mega Metalnayi ve Ticaret AS ranks #2651 out of 2987 companies for Days Payable. This places Mega Metalnayi ve Ticaret AS in the lower half of its industry. The industry median Days Payable is 78.05. Mega Metalnayi ve Ticaret AS's value of 31.72 is 59.4% below this benchmark. Historically, Mega Metalnayi ve Ticaret AS's own Days Payable has ranged from 18.48 to 48.46 over the past decade. While the company's 10-year median is 30.75 vs. the industry median of 78.05, Mega Metalnayi ve Ticaret AS 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Mega Metalnayi ve Ticaret AS's current Days Payable of 31.72 is 59.4% 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 Mega Metalnayi ve Ticaret AS and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Metalnayi ve Ticaret AS's current Days Payable is 31.72, which is near median its own 10-year median of 30.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Metalnayi ve Ticaret AS stock overvalued right now?
Mega Metalnayi ve Ticaret AS (IST:MEGMT) has a current Days Payable of 31.72. The current Days Payable is 31.72, which is near median its 10-year median of 30.75 and 59.4% below the Industrial Products industry median of 78.05. Mega Metalnayi ve Ticaret AS's overall GF Score™ is 55/100 with 5 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 Mega Metalnayi ve Ticaret AS (IST:MEGMT), the current Days Payable is 31.72 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.

Mega Metalnayi ve Ticaret AS Business Description

Address Kayseri OSB District 12, Cadde No: 61, Kayseri, TUR
Mega Metal Sanayi ve Ticaret AS is a company produces electrolytic copper wire with conductive properties for low current in its production facilities located in Kayseri OSB with an annual melting capacity of forty eight thousand tons. The copper wire that makes up the products produced by Mega Metal is in the form of oxygen-free electrolytic copper wire with low current sectors. The products produced by the company are produced as bare or tin alloyed. The product range is generally bare or tinned which consists of Mono Wire, Multi-Wire Products, Stranded Wires and Coil Wires. The products it produces are used in various sectors such as electrical, electronics, communications, energy, defense and automotive industries.
55GF Score

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