Metro Ticari ve Mali Yatirimlar AS (IST:METRO) Days Payable : 4.84 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Metro Ticari ve Mali Yatirimlar AS Days Payable?

Metro Ticari ve Mali Yatirimlar AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺0.33 Mil. Metro Ticari ve Mali Yatirimlar AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺6.21 Mil. Hence, Metro Ticari ve Mali Yatirimlar AS's Days Payable for the three months ended in Dec. 2023 was 4.84.

The historical rank and industry rank for Metro Ticari ve Mali Yatirimlar AS's Days Payable or its related term are showing as below:

IST:METRO' s Days Payable Range Over the Past 10 Years
Min: 2.8 Med: 5.66 Max: 36.58
Current: 28.34

During the past 13 years, Metro Ticari ve Mali Yatirimlar AS's highest Days Payable was 36.58. The lowest was 2.80. And the median was 5.66.

IST:METRO's Days Payable is ranked worse than
74.13% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.08 vs IST:METRO: 28.34

Metro Ticari ve Mali Yatirimlar AS's Days Payable increased from Dec. 2022 (2.57) to Dec. 2023 (4.84). It may suggest that Metro Ticari ve Mali Yatirimlar AS delayed paying its suppliers.

Metro Ticari ve Mali Yatirimlar AS Days Payable Historical Data

The historical data trend for Metro Ticari ve Mali Yatirimlar 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.

Metro Ticari ve Mali Yatirimlar AS Days Payable Chart

Metro Ticari ve Mali Yatirimlar AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

2.80

3.57

7.74

36.58

Metro Ticari ve Mali Yatirimlar AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															2.57	50.00	66.62	45.68	4.84

Competitive Comparison of Metro Ticari ve Mali Yatirimlar AS's Days Payable

For the Packaged Foods subindustry, Metro Ticari ve Mali Yatirimlar 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.

Metro Ticari ve Mali Yatirimlar AS's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Metro Ticari ve Mali Yatirimlar AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Metro Ticari ve Mali Yatirimlar AS's Days Payable falls into.

Metro Ticari ve Mali Yatirimlar 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.

Metro Ticari ve Mali Yatirimlar 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
=	( (1.934	+	0.296)	/	2 )	/	11.127	*	365
=	1.115					/	11.127	*	365
=	36.58

Metro Ticari ve Mali Yatirimlar 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
=	( (0.363	+	0.296)	/	2 )	/	6.208	*	365 / 4
=	0.3295					/	6.208	*	365 / 4
=	4.84

Metro Ticari ve Mali Yatirimlar AS Days Payable Related Terms

Thank you for viewing the detailed overview of Metro Ticari ve Mali Yatirimlar AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Metro Ticari ve Mali Yatirimlar AS (IST:METRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Metro Ticari ve Mali Yatirimlar AS (IST:METRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Resadiye Street, Cumhuriyet Village No: 18, Beykoz, Istanbul, TUR

Website

http://www.metroholding.com.tr

Metro Ticari ve Mali Yatirimlar AS is engaged in processing food. It slaughters cattle and fowl and produces fresh meats and delicattessen meats.

Metro Ticari ve Mali Yatirimlar AS (IST:METRO) Headlines

No Headlines