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Marshall Boya VE Verniknayii AS (IST:MRSHL) Days Payable : 162.49 (As of Dec. 2023)


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What is Marshall Boya VE Verniknayii AS Days Payable?

Marshall Boya VE Verniknayii AS's average Accounts Payable for the six months ended in Dec. 2023 was ₺949 Mil. Marshall Boya VE Verniknayii AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺2,131 Mil. Hence, Marshall Boya VE Verniknayii AS's Days Payable for the six months ended in Dec. 2023 was 81.25.

The historical rank and industry rank for Marshall Boya VE Verniknayii AS's Days Payable or its related term are showing as below:

IST:MRSHL' s Days Payable Range Over the Past 10 Years
Min: 78.93   Med: 109.01   Max: 211.13
Current: 162.49

During the past 12 years, Marshall Boya VE Verniknayii AS's highest Days Payable was 211.13. The lowest was 78.93. And the median was 109.01.

IST:MRSHL's Days Payable is ranked better than
91.29% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs IST:MRSHL: 162.49

Marshall Boya VE Verniknayii AS's Days Payable declined from Dec. 2021 (211.13) to Dec. 2023 (162.49). It may suggest that Marshall Boya VE Verniknayii AS accelerated paying its suppliers.


Marshall Boya VE Verniknayii AS Days Payable Historical Data

The historical data trend for Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS Days Payable Chart

Marshall Boya VE Verniknayii AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.30 163.59 211.13 117.29 162.49

Marshall Boya VE Verniknayii AS Semi-Annual Data
Dec09 Dec10 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 123.30 163.59 211.13 117.29 162.49

Competitive Comparison of Marshall Boya VE Verniknayii AS's Days Payable

For the Specialty Chemicals subindustry, Marshall Boya VE Verniknayii 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.


Marshall Boya VE Verniknayii AS's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Marshall Boya VE Verniknayii AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Marshall Boya VE Verniknayii AS's Days Payable falls into.



Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii 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
=( (982.8 + 914.853) / 2 ) / 2131.288*365
=948.8265 / 2131.288*365
=162.49

Marshall Boya VE Verniknayii 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: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (982.8 + 914.853) / 2 ) / 2131.288*365 / 2
=948.8265 / 2131.288*365 / 2
=81.25

* 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.


Marshall Boya VE Verniknayii AS Days Payable Related Terms

Thank you for viewing the detailed overview of Marshall Boya VE Verniknayii AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Marshall Boya VE Verniknayii AS (IST:MRSHL) Business Description

Traded in Other Exchanges
N/A
Address
Dilovasi Organize San. Bolgesi, 1.Kisim Tuna Caddesi No:1, Dilovasi, Gebze, Kocaeli, TUR, 41455
Marshall Boya VE Vernik Sanayii AS is a Turkey-based company involved in manufacturing paints, coatings, and specialty chemicals. The variety of paints provided by the company includes Panel Door Paint, Fit Silicone, Fit Plastic, Antibacterial Hygiene and Silicone Silk Mat Tinted among others.

Marshall Boya VE Verniknayii AS (IST:MRSHL) Headlines

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