Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Days Payable: 44.81 (As of Mar. 2026) — Near Median


IST:MNDRS Menderes Tekstil Sanayi ve Ticaret AS IST:MNDRS
53 GF Score
Price ₺11.03
GF Value ₺10.31
Valuation Fairly Valued
! 5 Warning Signs
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What is Menderes Tekstilnayi ve Ticaret AS Days Payable?

Menderes Tekstilnayi ve Ticaret AS IST:MNDRS +1.01% 53 Days Payable is 44.81 as of Mar. 2026, which is 4% below its 10-year median of 46.55. GuruFocus rates IST:MNDRS with a GF Score™ of 53/100 and a GF Value™ of ₺10.31 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Menderes Tekstilnayi ve Ticaret AS ranks worse than 61.8% on this metric.

Menderes Tekstilnayi ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺1,082 Mil. Menderes Tekstilnayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺2,204 Mil. Hence, Menderes Tekstilnayi ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 44.81.

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

IST:MNDRS' s Days Payable Range Over the Past 10 Years
Min: 26.48   Med: 46.55   Max: 61.6
Current: 42.28

During the past 13 years, Menderes Tekstilnayi ve Ticaret AS's highest Days Payable was 61.60. The lowest was 26.48. And the median was 46.55.

IST:MNDRS's Days Payable is ranked worse than
61.8% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99 vs IST:MNDRS: 42.28

Menderes Tekstilnayi ve Ticaret AS's Days Payable increased from Mar. 2025 (32.37) to Mar. 2026 (44.81). It may suggest that Menderes Tekstilnayi ve Ticaret AS delayed paying its suppliers.


Menderes Tekstilnayi ve Ticaret AS Days Payable Related Terms


Menderes Tekstilnayi ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Menderes Tekstilnayi 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.

Menderes Tekstilnayi ve Ticaret AS Days Payable Chart

Menderes Tekstilnayi ve 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 47.93 27.74 34.54 33.37 45.17

Menderes Tekstilnayi ve 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 32.37 40.61 43.84 39.71 44.81

Menderes Tekstilnayi ve Ticaret AS Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Menderes Tekstilnayi 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.


Menderes Tekstilnayi ve Ticaret AS Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Menderes Tekstilnayi ve Ticaret AS's Days Payable distribution charts can be found below:

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


IST:MNDRS
53GF Score
Menderes Tekstil Sanayi ve Ticaret AS IST:MNDRS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Menderes Tekstilnayi 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.

Menderes Tekstilnayi 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
=( (978.845 + 1039.002) / 2 ) / 8152.232*365
=1008.9235 / 8152.232*365
=45.17

Menderes Tekstilnayi 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
=( (1039.002 + 1125.996) / 2 ) / 2204.371*365 / 4
=1082.499 / 2204.371*365 / 4
=44.81

* 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 44.81 mean?
Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) has a Days Payable of 44.81 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 Menderes Tekstilnayi ve Ticaret AS and its competitors. This is near median its historical median of 46.55. Over the past decade, Menderes Tekstilnayi ve Ticaret AS's Days Payable has ranged from 26.48 to 61.60. According to the industry distribution chart, Menderes Tekstilnayi ve Ticaret AS ranks #626 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.8%.
Is Menderes Tekstilnayi ve Ticaret AS's Days Payable too high?
Menderes Tekstilnayi ve Ticaret AS's current Days Payable of 44.81 is near median its 10-year median of 46.55. Over the past 10 years, this metric has ranged from a low of 26.48 to a high of 61.60. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. Menderes Tekstilnayi ve Ticaret AS's value of 44.81 is 17% below this industry median. Based on the distribution chart, Menderes Tekstilnayi ve Ticaret AS ranks #626 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Menderes Tekstilnayi ve Ticaret AS has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Menderes Tekstilnayi ve Ticaret AS's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Menderes Tekstilnayi ve Ticaret AS ranks #626 out of 1013 companies for Days Payable. This places Menderes Tekstilnayi ve Ticaret AS in the lower half of its industry. The industry median Days Payable is 53.99. Menderes Tekstilnayi ve Ticaret AS's value of 44.81 is 17% below this benchmark. Historically, Menderes Tekstilnayi ve Ticaret AS's own Days Payable has ranged from 26.48 to 61.60 over the past decade. While the company's 10-year median is 46.55 vs. the industry median of 53.99, Menderes Tekstilnayi 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 a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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. Menderes Tekstilnayi ve Ticaret AS's current Days Payable of 44.81 is 17% 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 Menderes Tekstilnayi ve Ticaret AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Menderes Tekstilnayi ve Ticaret AS's current Days Payable is 44.81, which is near median its own 10-year median of 46.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Menderes Tekstilnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) is currently considered Fairly Valued. The stock's GF Value™ is ₺10.31, compared to a current price of ₺11.03 — trading 7% above its estimated fair value. The current Days Payable is 44.81, which is near median its 10-year median of 46.55 and 17% below the Manufacturing - Apparel & Accessories industry median of 53.99. Menderes Tekstilnayi ve Ticaret AS's overall GF Score™ is 53/100 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 Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS), the current Days Payable is 44.81 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 Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Overvalued in 2026?

Based on GuruFocus' analysis, Menderes Tekstilnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺11.03 is trading 7% above its estimated GF Value™ of ₺10.31. GuruFocus considers Menderes Tekstilnayi ve Ticaret AS to be Fairly Valued.

Key valuation signals for IST:MNDRS:

  • Days Payable: 44.81 (near median its 10-year median of 46.55)
  • GF Value™: ₺10.31 vs. price of ₺11.03 (7% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 17% below the Manufacturing - Apparel & Accessories median (#626 of 1013)

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


Menderes Tekstilnayi ve Ticaret AS Business Description

Address Universite caddesi No:84, Bornova, Izmir, TUR
Menderes Tekstil Sanayi ve Ticaret AS is a textile company. It is engaged in the manufacturing of beddings, linens, pillow cases, sleep sets, tablecloths, 100% woven and knitted fabrics, polyester and cotton mix fabrics, draperies, collar linings, and fusible garment linings. The company's products are categorized into three which are Home textile products consisting of bedding sets to sleep sets, curtains, baby sets and printed fabrics, Upholstery fabrics, including slipcovers and Lining and interlining comprising of semi-finished products. The company operates under two brands which include La Notte and SNT.
53GF Score

Get the complete analysis for IST:MNDRS

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

₺11.03
Price
₺10.31
GF Value