* 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.
Merit Turizm Yatirim ve Isletme AS Days Payable Chart
IST:MERIT vs LVS, MGM, WYNN: Days Payable Comparison
For the Resorts & Casinos subindustry, Merit Turizm Yatirim ve Isletme 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.
Merit Turizm Yatirim ve Isletme AS Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Merit Turizm Yatirim ve Isletme AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Merit Turizm Yatirim ve Isletme AS's Days Payable falls into.
Merit Turizm Yatirim ve Isletme 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.
* 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.
Merit Turizm Yatirim ve Isletme AS (IST:MERIT) has a Days Payable of 239.62 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 Merit Turizm Yatirim ve Isletme AS and its competitors. This is 1181% above median its historical median of 18.70. Over the past decade, Merit Turizm Yatirim ve Isletme AS's Days Payable has ranged from 7.61 to 224.84. According to the industry distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #590 out of 778 companies in the Travel & Leisure industry, placing it in the top 75.8%.
Is Merit Turizm Yatirim ve Isletme AS's Days Payable too high?
Merit Turizm Yatirim ve Isletme AS's current Days Payable of 239.62 is 1181% above median its 10-year median of 18.70. Over the past 10 years, this metric has ranged from a low of 7.61 to a high of 224.84. The Travel & Leisure industry median Days Payable is 56.53. Merit Turizm Yatirim ve Isletme AS's value of 239.62 is 323.9% above this industry median. Based on the distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #590 out of 778 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Merit Turizm Yatirim ve Isletme AS has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Turizm Yatirim ve Isletme AS's Days Payable compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #590 out of 778 companies for Days Payable. This places Merit Turizm Yatirim ve Isletme AS in the lower half of its industry. The industry median Days Payable is 56.53. Merit Turizm Yatirim ve Isletme AS's value of 239.62 is 323.9% above this benchmark. Historically, Merit Turizm Yatirim ve Isletme AS's own Days Payable has ranged from 7.61 to 224.84 over the past decade. While the company's 10-year median is 18.70 vs. the industry median of 56.53, Merit Turizm Yatirim ve Isletme 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.53, based on 778 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. Merit Turizm Yatirim ve Isletme AS's current Days Payable of 239.62 is 323.9% 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 Merit Turizm Yatirim ve Isletme AS and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merit Turizm Yatirim ve Isletme AS's current Days Payable is 239.62, which is 1181% above median its own 10-year median of 18.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Turizm Yatirim ve Isletme AS stock overvalued right now?
Based on GuruFocus' analysis, Merit Turizm Yatirim ve Isletme AS (IST:MERIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺22.07, compared to a current price of ₺18.00 — trading 18.4% below its estimated fair value. The current Days Payable is 239.62, which is 1181% above median its 10-year median of 18.70 and 323.9% above the Travel & Leisure industry median of 56.53. Merit Turizm Yatirim ve Isletme AS's overall GF Score™ is 78/100 with 4 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 Merit Turizm Yatirim ve Isletme AS (IST:MERIT), the current Days Payable is 239.62 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 Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Overvalued in 2026?
Based on GuruFocus' analysis, Merit Turizm Yatirim ve Isletme AS stock appears to be undervalued.
The current stock price of ₺18.00 is trading 18.4% below its estimated GF Value™ of ₺22.07.
GuruFocus considers Merit Turizm Yatirim ve Isletme AS to be Modestly Undervalued.
Key valuation signals for IST:MERIT:
Days Payable: 239.62 (1181% above median its 10-year median of 18.70)
GF Value™: ₺22.07 vs. price of ₺18.00 (18.4% below fair value)
Industry Position: 323.9% above the Travel & Leisure median (#590 of 778)
No single metric tells the full story. See the IST:MERIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merit Turizm Yatirim ve Isletme AS Business Description
Merit Turizm Yatirim ve Isletme AS is a hotel management company. It owns and operates the Merit Royal hotel and casino, Merit Crystal Cove hotel and casino, The Merit Park hotel and Casino, The Merit Lefkosa andThe Merit Cyprus Gardens.
78GF Score
Get the complete analysis for IST:MERIT
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:MERIT has been successfully added to your 
