Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) Days Payable: 146.74 (As of Mar. 2026) — 54% Below Median


IST:MRGYO Marti Gayrimenkul Yatirim Ortakligi AS IST:MRGYO
55 GF Score
Price ₺1.42
GF Value ₺3.08
Valuation Possible Value Trap
! 9 Warning Signs
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What is Marti Gayrimenkul Yatirim Ortakligi AS Days Payable?

Marti Gayrimenkul Yatirim Ortakligi AS IST:MRGYO +2.16% 55 Days Payable is 146.74 as of Mar. 2026, which is 54% below its 10-year median of 316.29. GuruFocus rates IST:MRGYO with a GF Score™ of 55/100 and a GF Value™ of ₺3.08 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 547 REITs companies, Marti Gayrimenkul Yatirim Ortakligi AS ranks better than 66.36% on this metric.

Marti Gayrimenkul Yatirim Ortakligi AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺12.5 Mil. Marti Gayrimenkul Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺7.8 Mil. Hence, Marti Gayrimenkul Yatirim Ortakligi AS's Days Payable for the three months ended in Mar. 2026 was 146.74.

The historical rank and industry rank for Marti Gayrimenkul Yatirim Ortakligi AS's Days Payable or its related term are showing as below:

IST:MRGYO' s Days Payable Range Over the Past 10 Years
Min: 121.43   Med: 316.29   Max: 964.76
Current: 177.89

During the past 13 years, Marti Gayrimenkul Yatirim Ortakligi AS's highest Days Payable was 964.76. The lowest was 121.43. And the median was 316.29.

IST:MRGYO's Days Payable is ranked better than
66.36% of 547 companies
in the REITs industry
Industry Median: 119.42 vs IST:MRGYO: 177.89

Marti Gayrimenkul Yatirim Ortakligi AS's Days Payable increased from Mar. 2025 (62.51) to Mar. 2026 (146.74). It may suggest that Marti Gayrimenkul Yatirim Ortakligi AS delayed paying its suppliers.


Marti Gayrimenkul Yatirim Ortakligi AS Days Payable Related Terms


Marti Gayrimenkul Yatirim Ortakligi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Marti Gayrimenkul Yatirim Ortakligi 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.

Marti Gayrimenkul Yatirim Ortakligi AS Days Payable Chart

Marti Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 286.00 317.29 315.28 156.52 121.43

Marti Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Mar23 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 62.51 195.20 281.57 167.15 146.74

IST:MRGYO vs VICI, WPC: Days Payable Comparison

For the REIT - Diversified subindustry, Marti Gayrimenkul Yatirim Ortakligi 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.


Marti Gayrimenkul Yatirim Ortakligi AS Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Marti Gayrimenkul Yatirim Ortakligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Marti Gayrimenkul Yatirim Ortakligi AS's Days Payable falls into.


IST:MRGYO
55GF Score
Marti Gayrimenkul Yatirim Ortakligi AS IST:MRGYO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Marti Gayrimenkul Yatirim Ortakligi 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.

Marti Gayrimenkul Yatirim Ortakligi AS's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (7.083 + 12.525) / 2 ) / 29.469*365
=9.804 / 29.469*365
=121.43

Marti Gayrimenkul Yatirim Ortakligi 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
=( (12.536 + 12.525) / 2 ) / 7.792*365 / 4
=12.5305 / 7.792*365 / 4
=146.74

* 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 146.74 mean?
Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) has a Days Payable of 146.74 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 Marti Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 54% below median its historical median of 316.29. Over the past decade, Marti Gayrimenkul Yatirim Ortakligi AS's Days Payable has ranged from 121.43 to 964.76. According to the industry distribution chart, Marti Gayrimenkul Yatirim Ortakligi AS ranks #184 out of 547 companies in the REITs industry, placing it in the top 33.6%.
Is Marti Gayrimenkul Yatirim Ortakligi AS's Days Payable too high?
Marti Gayrimenkul Yatirim Ortakligi AS's current Days Payable of 146.74 is 54% below median its 10-year median of 316.29. Over the past 10 years, this metric has ranged from a low of 121.43 to a high of 964.76. The REITs industry median Days Payable is 119.42. Marti Gayrimenkul Yatirim Ortakligi AS's value of 146.74 is 22.9% above this industry median. Based on the distribution chart, Marti Gayrimenkul Yatirim Ortakligi AS ranks #184 out of 547 companies in the REITs industry, which is above the industry midpoint. Overall, Marti Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Gayrimenkul Yatirim Ortakligi AS's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Marti Gayrimenkul Yatirim Ortakligi AS ranks #184 out of 547 companies for Days Payable. This puts Marti Gayrimenkul Yatirim Ortakligi AS in the upper half of its industry. The industry median Days Payable is 119.42. Marti Gayrimenkul Yatirim Ortakligi AS's value of 146.74 is 22.9% above this benchmark. Historically, Marti Gayrimenkul Yatirim Ortakligi AS's own Days Payable has ranged from 121.43 to 964.76 over the past decade. While the company's 10-year median is 316.29 vs. the industry median of 119.42, Marti Gayrimenkul Yatirim Ortakligi 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 REITs company?
The median Days Payable among REITs companies is 119.42, based on 547 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. Marti Gayrimenkul Yatirim Ortakligi AS's current Days Payable of 146.74 is 22.9% 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 Marti Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Days Payable is 119.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marti Gayrimenkul Yatirim Ortakligi AS's current Days Payable is 146.74, which is 54% below median its own 10-year median of 316.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺3.08, compared to a current price of ₺1.42 — trading 53.9% below its estimated fair value. The current Days Payable is 146.74, which is 54% below median its 10-year median of 316.29 and 22.9% above the REITs industry median of 119.42. Marti Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 55/100 with 9 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 Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO), the current Days Payable is 146.74 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 Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Marti Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺1.42 is trading 53.9% below its estimated GF Value™ of ₺3.08. GuruFocus considers Marti Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.

Key valuation signals for IST:MRGYO:

  • Days Payable: 146.74 (54% below median its 10-year median of 316.29)
  • GF Value™: ₺3.08 vs. price of ₺1.42 (53.9% below fair value)
  • GF Score™: 55/100 with 9 warning signs
  • Industry Position: 22.9% above the REITs median (#184 of 547)

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


Marti Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Inonu Cad Devred Han, Number 50/4 Gumussuyu, Beyoglu, Istanbul, TUR
Marti Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estates, capital market instruments based on real estates, real estate projects and property rights.
55GF Score

Get the complete analysis for IST:MRGYO

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

₺1.42
Price
₺3.08
GF Value