Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Days Payable : 21.29 (As of Dec. 2022)

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What is Sarkuysan Elektrolitik Bakirnayi AS Days Payable?

Sarkuysan Elektrolitik Bakirnayi AS's average Accounts Payable for the six months ended in Dec. 2022 was ₺1,502 Mil. Sarkuysan Elektrolitik Bakirnayi AS's Cost of Goods Sold for the six months ended in Dec. 2022 was ₺25,754 Mil. Hence, Sarkuysan Elektrolitik Bakirnayi AS's Days Payable for the six months ended in Dec. 2022 was 10.65.

The historical rank and industry rank for Sarkuysan Elektrolitik Bakirnayi AS's Days Payable or its related term are showing as below:

IST:SARKY' s Days Payable Range Over the Past 10 Years
Min: 5.4 Med: 11.92 Max: 23.69
Current: 21.29

During the past 13 years, Sarkuysan Elektrolitik Bakirnayi AS's highest Days Payable was 23.69. The lowest was 5.40. And the median was 11.92.

IST:SARKY's Days Payable is ranked worse than
91.21% of 1069 companies
in the Metals & Mining industry
Industry Median: 138.32 vs IST:SARKY: 21.29

Sarkuysan Elektrolitik Bakirnayi AS's Days Payable declined from Dec. 2020 (23.69) to Dec. 2022 (21.29). It may suggest that Sarkuysan Elektrolitik Bakirnayi AS accelerated paying its suppliers.

Sarkuysan Elektrolitik Bakirnayi AS Days Payable Historical Data

The historical data trend for Sarkuysan Elektrolitik Bakirnayi 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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Sarkuysan Elektrolitik Bakirnayi AS Days Payable Chart

Sarkuysan Elektrolitik Bakirnayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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8.12

14.06

23.69

23.16

21.29

Sarkuysan Elektrolitik Bakirnayi AS Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial										8.12	14.06	23.69	23.16	21.29

Competitive Comparison of Sarkuysan Elektrolitik Bakirnayi AS's Days Payable

For the Copper subindustry, Sarkuysan Elektrolitik Bakirnayi 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.

Sarkuysan Elektrolitik Bakirnayi AS's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sarkuysan Elektrolitik Bakirnayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Sarkuysan Elektrolitik Bakirnayi AS's Days Payable falls into.

Sarkuysan Elektrolitik Bakirnayi 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.

Sarkuysan Elektrolitik Bakirnayi AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1133.818	+	1870.643)	/	2 )	/	25754.276	*	365
=	1502.2305					/	25754.276	*	365
=	21.29

Sarkuysan Elektrolitik Bakirnayi AS's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (1133.818	+	1870.643)	/	2 )	/	25754.276	*	365 / 2
=	1502.2305					/	25754.276	*	365 / 2
=	10.65

Sarkuysan Elektrolitik Bakirnayi AS Days Payable Related Terms

Thank you for viewing the detailed overview of Sarkuysan Elektrolitik Bakirnayi AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sarkuysan Elektrolitik Bakir Sanayi AS (IST:SARKY) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Emek Mahallesi Asiroglu Caddesi No. 147, Kocaeli, Darica, TUR, 41700

Website

http://www.sarkuysan.com

Sarkuysan Elektrolitik Bakir Sanayi AS engages in the production and trading of electrolytic copper wire and alloy. It operates through the following segments: Copper, Enameled Copper Wire, CTC Wire, Spools, Machinery, and Other. The company generates maximum revenue from the Copper segment. Its products include a cathode, wire rod, electrolytic tough pitch, and deoxidized high phosphorus with billet, single wire, multi-wire, bunched conductors, flat wire, overhead catenary system wires, copper tube, and busbar, and copper nugget.

Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Headlines

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