Sanko Pazarlama Ithalat Ihracat AS (IST:SANKO) Days Payable: 47.81 (As of Mar. 2024)


IST:SANKO Sanko Pazarlama Ithalat Ihracat AS IST:SANKO
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What is Sanko Pazarlama Ithalat Ihracat AS Days Payable?

Sanko Pazarlama Ithalat Ihracat AS IST:SANKO -0.65% 5 Days Payable is 47.81 as of Mar. 2024. GuruFocus rates IST:SANKO with a GF Score™ of 5/100.

Sanko Pazarlama Ithalat Ihracat AS's average Accounts Payable for the three months ended in Mar. 2024 was ₺1,025 Mil. Sanko Pazarlama Ithalat Ihracat AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺1,956 Mil. Hence, Sanko Pazarlama Ithalat Ihracat AS's Days Payable for the three months ended in Mar. 2024 was 47.81.

The historical rank and industry rank for Sanko Pazarlama Ithalat Ihracat AS's Days Payable or its related term are showing as below:

IST:SANKO's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 53.99
* Ranked among companies with meaningful Days Payable only.

Sanko Pazarlama Ithalat Ihracat AS's Days Payable increased from Mar. 2023 (30.11) to Mar. 2024 (47.81). It may suggest that Sanko Pazarlama Ithalat Ihracat AS delayed paying its suppliers.


Sanko Pazarlama Ithalat Ihracat AS Days Payable Related Terms


Sanko Pazarlama Ithalat Ihracat AS Days Payable Historical Data

* Premium members only.

The historical data trend for Sanko Pazarlama Ithalat Ihracat 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.

Sanko Pazarlama Ithalat Ihracat AS Days Payable Chart

Sanko Pazarlama Ithalat Ihracat AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.66 8.72 30.84 31.85 48.43

Sanko Pazarlama Ithalat Ihracat AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.11 47.74 39.29 23.44 47.81

IST:SANKO vs AIN: Days Payable Comparison

For the Textile Manufacturing subindustry, Sanko Pazarlama Ithalat Ihracat 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.


Sanko Pazarlama Ithalat Ihracat AS Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sanko Pazarlama Ithalat Ihracat AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Sanko Pazarlama Ithalat Ihracat AS's Days Payable falls into.


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Sanko Pazarlama Ithalat Ihracat AS IST:SANKO
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Sanko Pazarlama Ithalat Ihracat 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.

Sanko Pazarlama Ithalat Ihracat 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
=( (899.824 + 738.826) / 2 ) / 6174.461*365
=819.325 / 6174.461*365
=48.43

Sanko Pazarlama Ithalat Ihracat AS's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (738.826 + 1310.935) / 2 ) / 1956.121*365 / 4
=1024.8805 / 1956.121*365 / 4
=47.81

* 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 47.81 mean?
Sanko Pazarlama Ithalat Ihracat AS (IST:SANKO) has a Days Payable of 47.81 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sanko Pazarlama Ithalat Ihracat AS and its competitors.
Is Sanko Pazarlama Ithalat Ihracat AS's Days Payable too high?
Sanko Pazarlama Ithalat Ihracat AS's current Days Payable is 47.81. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. Sanko Pazarlama Ithalat Ihracat AS's value of 47.81 is 11.4% below this industry median. Overall, Sanko Pazarlama Ithalat Ihracat AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Sanko Pazarlama Ithalat Ihracat AS's Days Payable compare to AIN?
Sanko Pazarlama Ithalat Ihracat AS's Days Payable of 47.81 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 53.99. Sanko Pazarlama Ithalat Ihracat AS's value of 47.81 is 11.4% below this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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. Sanko Pazarlama Ithalat Ihracat AS's current Days Payable of 47.81 is 11.4% 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 Sanko Pazarlama Ithalat Ihracat AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanko Pazarlama Ithalat Ihracat AS's current Days Payable is 47.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanko Pazarlama Ithalat Ihracat AS stock overvalued right now?
Sanko Pazarlama Ithalat Ihracat AS (IST:SANKO) has a current Days Payable of 47.81. The current Days Payable is 47.81 and 11.4% below the Manufacturing - Apparel & Accessories industry median of 53.99. Sanko Pazarlama Ithalat Ihracat AS's overall GF Score™ is 5/100. 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 Sanko Pazarlama Ithalat Ihracat AS (IST:SANKO), the current Days Payable is 47.81 as of Mar. 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.

Sanko Pazarlama Ithalat Ihracat AS Business Description

Address Evren Mah. Gulbahar Cad. No 43 Sunny, Istanbul, TUR, 34212
Sanko Pazarlama Ithalat Ihracat AS manufactures and markets raw materials for textiles and textile goods. Its activities include import, export, sales, and marketing of yarn, home textile goods, knitted and woven fabrics. The company's products include dyed and undyed cotton, cotton thread, synthetic thread, lycra, velvet, denim cloth, and other textile products.
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