Petkim Petrokimya Holding AS (IST:PETKM) Days Payable: 77.21 (As of Mar. 2026) — 108% Above Median


IST:PETKM Petkim Petrokimya Holding AS IST:PETKM
79 GF Score
Price ₺18.93
GF Value ₺19.05
Valuation Fairly Valued
! 6 Warning Signs
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What is Petkim Petrokimya Holding AS Days Payable?

Petkim Petrokimya Holding AS IST:PETKM +0.37% 79 Days Payable is 77.21 as of Mar. 2026, which is 108% above its 10-year median of 37.19. GuruFocus rates IST:PETKM with a GF Score™ of 79/100 and a GF Value™ of ₺19.05 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,550 Chemicals companies, Petkim Petrokimya Holding AS ranks better than 61.87% on this metric.

Petkim Petrokimya Holding AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺22,839 Mil. Petkim Petrokimya Holding AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺26,991 Mil. Hence, Petkim Petrokimya Holding AS's Days Payable for the three months ended in Mar. 2026 was 77.21.

The historical rank and industry rank for Petkim Petrokimya Holding AS's Days Payable or its related term are showing as below:

IST:PETKM' s Days Payable Range Over the Past 10 Years
Min: 20.83   Med: 37.19   Max: 74.97
Current: 74.02

During the past 13 years, Petkim Petrokimya Holding AS's highest Days Payable was 74.97. The lowest was 20.83. And the median was 37.19.

IST:PETKM's Days Payable is ranked better than
61.87% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs IST:PETKM: 74.02

Petkim Petrokimya Holding AS's Days Payable increased from Mar. 2025 (59.20) to Mar. 2026 (77.21). It may suggest that Petkim Petrokimya Holding AS delayed paying its suppliers.


Petkim Petrokimya Holding AS Days Payable Historical Data

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The historical data trend for Petkim Petrokimya Holding 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.

Petkim Petrokimya Holding AS Days Payable Chart

Petkim Petrokimya Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.11 20.83 38.63 52.45 74.97

Petkim Petrokimya Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 59.20 77.10 78.26 64.27 77.21

IST:PETKM vs DOW: Days Payable Comparison

For the Chemicals subindustry, Petkim Petrokimya Holding 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.


Petkim Petrokimya Holding AS Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Petkim Petrokimya Holding AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Petkim Petrokimya Holding AS's Days Payable falls into.


IST:PETKM
79GF Score
Petkim Petrokimya Holding AS IST:PETKM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Petkim Petrokimya Holding 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.

Petkim Petrokimya Holding AS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (17652.75 + 20204.771) / 2 ) / 92151.689*365
=18928.7605 / 92151.689*365
=74.97

Petkim Petrokimya Holding 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
=( (20204.771 + 25473.835) / 2 ) / 26990.847*365 / 4
=22839.303 / 26990.847*365 / 4
=77.21

* 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 77.21 mean?
Petkim Petrokimya Holding AS (IST:PETKM) has a Days Payable of 77.21 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 Petkim Petrokimya Holding AS and its competitors. This is 108% above median its historical median of 37.19. Over the past decade, Petkim Petrokimya Holding AS's Days Payable has ranged from 20.83 to 74.97. According to the industry distribution chart, Petkim Petrokimya Holding AS ranks #591 out of 1550 companies in the Chemicals industry, placing it in the top 38.1%.
Is Petkim Petrokimya Holding AS's Days Payable too high?
Petkim Petrokimya Holding AS's current Days Payable of 77.21 is 108% above median its 10-year median of 37.19. Over the past 10 years, this metric has ranged from a low of 20.83 to a high of 74.97. The Chemicals industry median Days Payable is 59.80. Petkim Petrokimya Holding AS's value of 77.21 is 29.1% above this industry median. Based on the distribution chart, Petkim Petrokimya Holding AS ranks #591 out of 1550 companies in the Chemicals industry, which is above the industry midpoint. Overall, Petkim Petrokimya Holding AS has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petkim Petrokimya Holding AS's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Petkim Petrokimya Holding AS ranks #591 out of 1550 companies for Days Payable. This puts Petkim Petrokimya Holding AS in the upper half of its industry. The industry median Days Payable is 59.80. Petkim Petrokimya Holding AS's value of 77.21 is 29.1% above this benchmark. Historically, Petkim Petrokimya Holding AS's own Days Payable has ranged from 20.83 to 74.97 over the past decade. While the company's 10-year median is 37.19 vs. the industry median of 59.80, Petkim Petrokimya Holding 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 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. Petkim Petrokimya Holding AS's current Days Payable of 77.21 is 29.1% 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 Petkim Petrokimya Holding AS and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petkim Petrokimya Holding AS's current Days Payable is 77.21, which is 108% above median its own 10-year median of 37.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petkim Petrokimya Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Petkim Petrokimya Holding AS (IST:PETKM) is currently considered Fairly Valued. The stock's GF Value™ is ₺19.05, compared to a current price of ₺18.93 — trading 0.6% below its estimated fair value. The current Days Payable is 77.21, which is 108% above median its 10-year median of 37.19 and 29.1% above the Chemicals industry median of 59.80. Petkim Petrokimya Holding AS's overall GF Score™ is 79/100 with 6 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 Petkim Petrokimya Holding AS (IST:PETKM), the current Days Payable is 77.21 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 Petkim Petrokimya Holding AS (IST:PETKM) Overvalued in 2026?

Based on GuruFocus' analysis, Petkim Petrokimya Holding AS stock appears to be undervalued. The current stock price of ₺18.93 is trading 0.6% below its estimated GF Value™ of ₺19.05. GuruFocus considers Petkim Petrokimya Holding AS to be Fairly Valued.

Key valuation signals for IST:PETKM:

  • Days Payable: 77.21 (108% above median its 10-year median of 37.19)
  • GF Value™: ₺19.05 vs. price of ₺18.93 (0.6% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 29.1% above the Chemicals median (#591 of 1550)

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


Petkim Petrokimya Holding AS Business Description

Address Aliaga, P.O. Box 12, Izmir, TUR, 35800
Petkim Petrokimya Holding AS is a holding company, which through its subsidiaries, manufactures and sells a variety of petrochemicals, specialty chemicals, plastics, and chemical-based products. The firm's product portfolio includes polyvinyl chloride, or PVC, used in construction, polypropylene, polyethylene, glycols, and ethylene. The company's products are used in soaps, detergents, textiles, food and beverage packaging, retail goods packaging, water treatment, and airplane and railway de-icing. The vast majority of revenue comes from Turkey.
79GF Score

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

₺18.93
Price
₺19.05
GF Value