Platform Turizm Tasimacilik (IST:PLTUR) Days Payable : 47.98 (As of Jun. 2024)

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What is Platform Turizm Tasimacilik Days Payable?

Platform Turizm Tasimacilik's average Accounts Payable for the three months ended in Jun. 2024 was ₺391 Mil. Platform Turizm Tasimacilik's Cost of Goods Sold for the three months ended in Jun. 2024 was ₺743 Mil. Hence, Platform Turizm Tasimacilik's Days Payable for the three months ended in Jun. 2024 was 47.98.

The historical rank and industry rank for Platform Turizm Tasimacilik's Days Payable or its related term are showing as below:

IST:PLTUR' s Days Payable Range Over the Past 10 Years
Min: 42.68 Med: 102.1 Max: 187.29
Current: 42.68

During the past 5 years, Platform Turizm Tasimacilik's highest Days Payable was 187.29. The lowest was 42.68. And the median was 102.10.

IST:PLTUR's Days Payable is not ranked
in the Business Services industry.
Industry Median: 46.675 vs IST:PLTUR: 42.68

Platform Turizm Tasimacilik's Days Payable declined from Jun. 2023 (60.87) to Jun. 2024 (47.98). It may suggest that Platform Turizm Tasimacilik accelerated paying its suppliers.

Platform Turizm Tasimacilik Days Payable Historical Data

The historical data trend for Platform Turizm Tasimacilik'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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Platform Turizm Tasimacilik Days Payable Chart

Platform Turizm Tasimacilik Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

102.10

187.29

163.69

47.85

56.70

Platform Turizm Tasimacilik Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial									60.87	53.57	31.16	46.47	47.98

Competitive Comparison of Platform Turizm Tasimacilik's Days Payable

For the Rental & Leasing Services subindustry, Platform Turizm Tasimacilik'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.

Platform Turizm Tasimacilik's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Platform Turizm Tasimacilik's Days Payable distribution charts can be found below:

* The bar in red indicates where Platform Turizm Tasimacilik's Days Payable falls into.

Platform Turizm Tasimacilik 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.

Platform Turizm Tasimacilik'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
=	( (328.278	+	303.66)	/	2 )	/	2033.972	*	365
=	315.969					/	2033.972	*	365
=	56.70

Platform Turizm Tasimacilik's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (408.129	+	373.783)	/	2 )	/	743.47	*	365 / 4
=	390.956					/	743.47	*	365 / 4
=	47.98

Platform Turizm Tasimacilik Days Payable Related Terms

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Platform Turizm Tasimacilik Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Platform Turizm Tasimacilik (IST:PLTUR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yenidogan Mah. Kizilay Sok, No. 39 Floor 1 Bayrampa?a, Istanbul, TUR

Website

https://www.platformturizm.com

Platform Turizm Tasimacilik operate in the fields of personnel transportation and fleet leasing, It provide services in domestic and international public transportation, construction and cleaning works.

Platform Turizm Tasimacilik Headlines

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