Netcad Yazilim ASIST:NETCD -5.58%30 Days Payable is 29.22 as of Dec. 2024, which is 21% above its 10-year median of 24.09. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,602 Software companies, Netcad Yazilim AS ranks worse than 69.72% on this metric.
The historical rank and industry rank for Netcad Yazilim AS's Days Payable or its related term are showing as below:
IST:NETCD'
s Days Payable Range Over the Past 10 Years
Min: 19.7 Med: 24.09 Max: 29.22
Current: 29.22
During the past 3 years, Netcad Yazilim AS's highest Days Payable was 29.22. The lowest was 19.70. And the median was 24.09.
IST:NETCD's Days Payable is ranked worse than 69.72% of 2602
companies
in the Software industry
Industry Median: 53.825
vs IST:NETCD: 29.22
Netcad Yazilim AS's Days Payable
increased
from Dec. 2022 (19.70) to Dec. 2024 (29.22).
It may suggest that Netcad Yazilim ASdelayed paying its suppliers.
Netcad Yazilim AS Days Payable Related Terms
Netcad Yazilim AS Days Payable Historical Data
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The historical data trend for Netcad Yazilim 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.
Netcad Yazilim AS Days Payable Chart
Netcad Yazilim AS Annual Data
Trend
Dec22
Dec23
Dec24
Days Payable
19.70
24.09
29.22
Netcad Yazilim AS Semi-Annual Data
Dec22
Dec23
Dec24
Days Payable
19.70
24.09
29.22
IST:NETCD vs CRM, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Netcad Yazilim 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.
Netcad Yazilim AS Days Payable vs Software Industry
For the Software industry and Technology sector, Netcad Yazilim AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Netcad Yazilim AS's Days Payable falls into.
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.
Netcad Yazilim AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Netcad Yazilim AS (IST:NETCD) has a Days Payable of 29.22 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Netcad Yazilim AS and its competitors. This is 21% above median its historical median of 24.09. Over the past decade, Netcad Yazilim AS's Days Payable has ranged from 19.70 to 29.22. According to the industry distribution chart, Netcad Yazilim AS ranks #1814 out of 2602 companies in the Software industry, placing it in the top 69.7%.
Is Netcad Yazilim AS's Days Payable too high?
Netcad Yazilim AS's current Days Payable of 29.22 is 21% above median its 10-year median of 24.09. Over the past 10 years, this metric has ranged from a low of 19.70 to a high of 29.22. The Software industry median Days Payable is 53.83. Netcad Yazilim AS's value of 29.22 is 45.7% below this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #1814 out of 2602 companies in the Software industry, which is below the industry midpoint. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #1814 out of 2602 companies for Days Payable. This places Netcad Yazilim AS in the lower half of its industry. The industry median Days Payable is 53.83. Netcad Yazilim AS's value of 29.22 is 45.7% below this benchmark. Historically, Netcad Yazilim AS's own Days Payable has ranged from 19.70 to 29.22 over the past decade. While the company's 10-year median is 24.09 vs. the industry median of 53.83, Netcad Yazilim 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 Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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. Netcad Yazilim AS's current Days Payable of 29.22 is 45.7% 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 Netcad Yazilim AS and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current Days Payable is 29.22, which is 21% above median its own 10-year median of 24.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Days Payable of 29.22. The current Days Payable is 29.22, which is 21% above median its 10-year median of 24.09 and 45.7% below the Software industry median of 53.83. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 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 Netcad Yazilim AS (IST:NETCD), the current Days Payable is 29.22 as of Dec. 2024. 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.
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score
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