Orma Orman Mahsulleri Integrenayi ve Ticaret AS (IST:ORMA) Days Payable : 73.59 (As of Dec. 2023)

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What is Orma Orman Mahsulleri Integrenayi ve Ticaret AS Days Payable?

Orma Orman Mahsulleri Integrenayi ve Ticaret AS's average Accounts Payable for the six months ended in Dec. 2023 was ₺671 Mil. Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺1,664 Mil. Hence, Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Payable for the six months ended in Dec. 2023 was 73.59.

The historical rank and industry rank for Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:ORMA' s Days Payable Range Over the Past 10 Years
Min: 69.36 Med: 139.69 Max: 205.05
Current: 99.28

During the past 11 years, Orma Orman Mahsulleri Integrenayi ve Ticaret AS's highest Days Payable was 205.05. The lowest was 69.36. And the median was 139.69.

IST:ORMA's Days Payable is ranked better than
69.95% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.03 vs IST:ORMA: 99.28

Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Payable increased from Dec. 2022 (49.92) to Dec. 2023 (73.59). It may suggest that Orma Orman Mahsulleri Integrenayi ve Ticaret AS delayed paying its suppliers.

Orma Orman Mahsulleri Integrenayi ve Ticaret AS Days Payable Historical Data

The historical data trend for Orma Orman Mahsulleri Integrenayi 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.

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Orma Orman Mahsulleri Integrenayi ve Ticaret AS Days Payable Chart

Orma Orman Mahsulleri Integrenayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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182.60

205.05

143.52

69.36

109.90

Orma Orman Mahsulleri Integrenayi ve Ticaret AS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															123.38	112.24	49.92	131.57	73.59

Competitive Comparison of Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Orma Orman Mahsulleri Integrenayi 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.

Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Orma Orman Mahsulleri Integrenayi ve Ticaret AS's Days Payable falls into.

Orma Orman Mahsulleri Integrenayi 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.

Orma Orman Mahsulleri Integrenayi ve Ticaret 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
=	( (751.257	+	793.911)	/	2 )	/	2565.832	*	365
=	772.584					/	2565.832	*	365
=	109.90

Orma Orman Mahsulleri Integrenayi ve Ticaret 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (548.454	+	793.911)	/	2 )	/	1664.44	*	365 / 2
=	671.1825					/	1664.44	*	365 / 2
=	73.59

Orma Orman Mahsulleri Integrenayi ve Ticaret AS Days Payable Related Terms

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Orma Orman Mahsulleri Integrenayi ve Ticaret AS (IST:ORMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS (IST:ORMA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prof. Dr. Alaeddin Yavasca Sk., Marmara Apt. No: 4, Besiktas, Istanbul, TUR, 34357

Website

http://www.orma.com.tr

Orma Orman Mahsulleri Integre Sanayi ve Ticaret A.S. is a Turkey-based company engages in the production of timber products. It produces particleboard, E1 chipboard, and melamine coated chipboards.

Orma Orman Mahsulleri Integrenayi ve Ticaret AS (IST:ORMA) Headlines

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