Selcuk Ecza Deposu Ticaret venayi AS (IST:SELEC) Days Payable : 55.48 (As of Dec. 2023)

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What is Selcuk Ecza Deposu Ticaret venayi AS Days Payable?

Selcuk Ecza Deposu Ticaret venayi AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺23,558 Mil. Selcuk Ecza Deposu Ticaret venayi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺38,749 Mil. Hence, Selcuk Ecza Deposu Ticaret venayi AS's Days Payable for the three months ended in Dec. 2023 was 55.48.

The historical rank and industry rank for Selcuk Ecza Deposu Ticaret venayi AS's Days Payable or its related term are showing as below:

IST:SELEC' s Days Payable Range Over the Past 10 Years
Min: 73.45 Med: 95.91 Max: 104.5
Current: 86.84

During the past 13 years, Selcuk Ecza Deposu Ticaret venayi AS's highest Days Payable was 104.50. The lowest was 73.45. And the median was 95.91.

IST:SELEC's Days Payable is ranked better than
58.51% of 94 companies
in the Medical Distribution industry
Industry Median: 72.695 vs IST:SELEC: 86.84

Selcuk Ecza Deposu Ticaret venayi AS's Days Payable increased from Dec. 2022 (31.62) to Dec. 2023 (55.48). It may suggest that Selcuk Ecza Deposu Ticaret venayi AS delayed paying its suppliers.

Selcuk Ecza Deposu Ticaret venayi AS Days Payable Historical Data

The historical data trend for Selcuk Ecza Deposu Ticaret venayi 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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Selcuk Ecza Deposu Ticaret venayi AS Days Payable Chart

Selcuk Ecza Deposu Ticaret venayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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95.11

102.08

104.50

73.45

100.10

Selcuk Ecza Deposu Ticaret venayi AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															31.62	115.96	97.61	102.66	55.48

Competitive Comparison of Selcuk Ecza Deposu Ticaret venayi AS's Days Payable

For the Medical Distribution subindustry, Selcuk Ecza Deposu Ticaret venayi 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.

Selcuk Ecza Deposu Ticaret venayi AS's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Selcuk Ecza Deposu Ticaret venayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Selcuk Ecza Deposu Ticaret venayi AS's Days Payable falls into.

Selcuk Ecza Deposu Ticaret venayi 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.

Selcuk Ecza Deposu Ticaret venayi 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
=	( (22940.057	+	25632.879)	/	2 )	/	88555.125	*	365
=	24286.468					/	88555.125	*	365
=	100.10

Selcuk Ecza Deposu Ticaret venayi 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (21483.131	+	25632.879)	/	2 )	/	38748.862	*	365 / 4
=	23558.005					/	38748.862	*	365 / 4
=	55.48

Selcuk Ecza Deposu Ticaret venayi AS Days Payable Related Terms

Thank you for viewing the detailed overview of Selcuk Ecza Deposu Ticaret venayi AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Selcuk Ecza Deposu Ticaret venayi AS (IST:SELEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Selcuk Ecza Deposu Ticaret ve Sanayi AS (IST:SELEC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Altunizade Mah. Kusbakisi Cad. No: 37, Nakkastepe, Istanbul, TUR, 34662

Website

http://www.selcukecza.com.tr

Selcuk Ecza Deposu Ticaret ve Sanayi AS and its subsidiaries are in the business of export and import of drugs and patent medicines, medical supplies with pharmacy depot operations and also organize distribution channels between drug manufacturers, hospitals, and pharmacies. The company also distributes cosmetics, personal care, infant food, vitamins, medical and similar products.

Selcuk Ecza Deposu Ticaret venayi AS (IST:SELEC) Headlines

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