Mondi Olmuksan Kagit Ve Ambalajnayi AS (IST:OLMK) Days Payable : 125.67 (As of Dec. 2021)

View and export this data going back to 1986. Start your Free Trial

What is Mondi Olmuksan Kagit Ve Ambalajnayi AS Days Payable?

Mondi Olmuksan Kagit Ve Ambalajnayi AS's average Accounts Payable for the six months ended in Dec. 2021 was ₺625 Mil. Mondi Olmuksan Kagit Ve Ambalajnayi AS's Cost of Goods Sold for the six months ended in Dec. 2021 was ₺1,816 Mil. Hence, Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable for the six months ended in Dec. 2021 was 62.83.

The historical rank and industry rank for Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable or its related term are showing as below:

IST:OLMK' s Days Payable Range Over the Past 10 Years
Min: 34.5 Med: 83.2 Max: 156.42
Current: 125.67

During the past 13 years, Mondi Olmuksan Kagit Ve Ambalajnayi AS's highest Days Payable was 156.42. The lowest was 34.50. And the median was 83.20.

IST:OLMK's Days Payable is not ranked
in the Packaging & Containers industry.
Industry Median: 58.225 vs IST:OLMK: 125.67

Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable declined from Dec. 2019 (156.42) to Dec. 2021 (125.67). It may suggest that Mondi Olmuksan Kagit Ve Ambalajnayi AS accelerated paying its suppliers.

Mondi Olmuksan Kagit Ve Ambalajnayi AS Days Payable Historical Data

The historical data trend for Mondi Olmuksan Kagit Ve Ambalajnayi 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.

Mondi Olmuksan Kagit Ve Ambalajnayi AS Days Payable Chart

Mondi Olmuksan Kagit Ve Ambalajnayi AS Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

Get a 7-Day Free Trial

93.83

132.59

156.42

124.51

125.67

Mondi Olmuksan Kagit Ve Ambalajnayi AS Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Days Payable	Get a 7-Day Free Trial												93.83	132.59	156.42	124.51	125.67

Competitive Comparison of Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable

For the Packaging & Containers subindustry, Mondi Olmuksan Kagit Ve Ambalajnayi 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.

Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable falls into.

Mondi Olmuksan Kagit Ve Ambalajnayi 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.

Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (386.517	+	864.275)	/	2 )	/	1816.432	*	365
=	625.396					/	1816.432	*	365
=	125.67

Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2020 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (386.517	+	864.275)	/	2 )	/	1816.432	*	365 / 2
=	625.396					/	1816.432	*	365 / 2
=	62.83

Mondi Olmuksan Kagit Ve Ambalajnayi AS Days Payable Related Terms

Thank you for viewing the detailed overview of Mondi Olmuksan Kagit Ve Ambalajnayi AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mondi Olmuksan Kagit Ve Ambalajnayi AS (IST:OLMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mondi Olmuksan Kagit Ve Ambalaj Sanayi AS (IST:OLMK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fatih Sultan Mehmet Mahallesi, Poligon Cad. Buyaka 2 Sitesi, No:8B 2.Kule Kat:8 Tepeüstü, Istanbul, TUR, 34471

Website

http://www.olmuksan-ipaper.com

Olmuksan International Paper Ambalaj Sanayi Ve Ticaret AS is engaged in the production and sales of various types and sizes of corrugated boxes and other custom manufacturing goods. The company has its plants located in Adana, Bursa, Corluy, Corum, Izmir, and Gebze in Turkey. It offers a variety of products including corrugated packaging, fresh fruit and vegetable packaging, transport packaging, shelf ready packaging, and heavy duty packaging. It also offers packaging solutions including supply chain, structural design and printing services.

Mondi Olmuksan Kagit Ve Ambalajnayi AS (IST:OLMK) Headlines

No Headlines