Migros Ticaret AS (IST:MGROS) Days Payable: 85.64 (As of Mar. 2026) — 21% Below Median


IST:MGROS Migros Ticaret AS IST:MGROS
87 GF Score
Price ₺688.50
GF Value ₺678.00
Valuation Fairly Valued
! 6 Warning Signs
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What is Migros Ticaret AS Days Payable?

Migros Ticaret AS IST:MGROS -0.79% 87 Days Payable is 85.64 as of Mar. 2026, which is 21% below its 10-year median of 107.84. GuruFocus rates IST:MGROS with a GF Score™ of 87/100 and a GF Value™ of ₺678.00 (Fairly Valued). The stock has 6 warning signs investors should review. Among 304 Retail - Defensive companies, Migros Ticaret AS ranks better than 83.88% on this metric.

Migros Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺78,373 Mil. Migros Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺83,502 Mil. Hence, Migros Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 85.64.

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

IST:MGROS' s Days Payable Range Over the Past 10 Years
Min: 70.71   Med: 107.84   Max: 116.34
Current: 80.19

During the past 13 years, Migros Ticaret AS's highest Days Payable was 116.34. The lowest was 70.71. And the median was 107.84.

IST:MGROS's Days Payable is ranked better than
83.88% of 304 companies
in the Retail - Defensive industry
Industry Median: 43.205 vs IST:MGROS: 80.19

Migros Ticaret AS's Days Payable increased from Mar. 2025 (76.96) to Mar. 2026 (85.64). It may suggest that Migros Ticaret AS delayed paying its suppliers.


Migros Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Migros 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.

Migros Ticaret AS Days Payable Chart

Migros Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.22 70.71 74.81 78.14 88.38

Migros 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 76.96 81.78 80.26 76.51 85.64

IST:MGROS vs KR, SFM, ACI: Days Payable Comparison

For the Grocery Stores subindustry, Migros 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.


Migros Ticaret AS Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Migros Ticaret AS's Days Payable distribution charts can be found below:

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


IST:MGROS
87GF Score
Migros Ticaret AS IST:MGROS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Migros 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.

Migros 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
=( (73918.703 + 77376.379) / 2 ) / 312409.547*365
=75647.541 / 312409.547*365
=88.38

Migros 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
=( (77376.379 + 79369.079) / 2 ) / 83502.132*365 / 4
=78372.729 / 83502.132*365 / 4
=85.64

* 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 85.64 mean?
Migros Ticaret AS (IST:MGROS) has a Days Payable of 85.64 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 Migros Ticaret AS and its competitors. This is 21% below median its historical median of 107.84. Over the past decade, Migros Ticaret AS's Days Payable has ranged from 70.71 to 116.34. According to the industry distribution chart, Migros Ticaret AS ranks #49 out of 304 companies in the Retail - Defensive industry, placing it in the top 16.1%.
Is Migros Ticaret AS's Days Payable too high?
Migros Ticaret AS's current Days Payable of 85.64 is 21% below median its 10-year median of 107.84. Over the past 10 years, this metric has ranged from a low of 70.71 to a high of 116.34. The Retail - Defensive industry median Days Payable is 43.21. Migros Ticaret AS's value of 85.64 is 98.2% above this industry median. Based on the distribution chart, Migros Ticaret AS ranks #49 out of 304 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Migros Ticaret AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Migros Ticaret AS's Days Payable compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Migros Ticaret AS ranks #49 out of 304 companies for Days Payable. This places Migros Ticaret AS in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 43.21. Migros Ticaret AS's value of 85.64 is 98.2% above this benchmark. Historically, Migros Ticaret AS's own Days Payable has ranged from 70.71 to 116.34 over the past decade. While the company's 10-year median is 107.84 vs. the industry median of 43.21, Migros 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 a Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.21, based on 304 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. Migros Ticaret AS's current Days Payable of 85.64 is 98.2% 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 Migros Ticaret AS and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migros Ticaret AS's current Days Payable is 85.64, which is 21% below median its own 10-year median of 107.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migros Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Migros Ticaret AS (IST:MGROS) is currently considered Fairly Valued. The stock's GF Value™ is ₺678.00, compared to a current price of ₺688.50 — trading 1.5% above its estimated fair value. The current Days Payable is 85.64, which is 21% below median its 10-year median of 107.84 and 98.2% above the Retail - Defensive industry median of 43.21. Migros Ticaret AS's overall GF Score™ is 87/100 with 6 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 Migros Ticaret AS (IST:MGROS), the current Days Payable is 85.64 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 Migros Ticaret AS (IST:MGROS) Overvalued in 2026?

Based on GuruFocus' analysis, Migros Ticaret AS stock appears to be overvalued. The current stock price of ₺688.50 is trading 1.5% above its estimated GF Value™ of ₺678.00. GuruFocus considers Migros Ticaret AS to be Fairly Valued.

Key valuation signals for IST:MGROS:

  • Days Payable: 85.64 (21% below median its 10-year median of 107.84)
  • GF Value™: ₺678.00 vs. price of ₺688.50 (1.5% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 98.2% above the Retail - Defensive median (#49 of 304)

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


Migros Ticaret AS Business Description

Address Ataturk Mahallesi Turgut Ozal Bulvari No 7, Atasehir - Istanbul, TUR, 34758
Migros Ticaret AS is a Turkey-based company that is principally engaged in the retail business. The company also operates in the business lines of online food retailing and ready meals, payment and electronic money services, logistics services, media, shopping center management, and others.
87GF Score

Get the complete analysis for IST:MGROS

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

₺688.50
Price
₺678.00
GF Value