Seyitler Kimyanayi AS (IST:SEYKM) Days Payable : 8.92 (As of Sep. 2024)

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What is Seyitler Kimyanayi AS Days Payable?

Seyitler Kimyanayi AS's average Accounts Payable for the three months ended in Sep. 2024 was ₺5.3 Mil. Seyitler Kimyanayi AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺54.2 Mil. Hence, Seyitler Kimyanayi AS's Days Payable for the three months ended in Sep. 2024 was 8.92.

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

IST:SEYKM' s Days Payable Range Over the Past 10 Years
Min: 13.25 Med: 25.06 Max: 81.92
Current: 21.87

During the past 10 years, Seyitler Kimyanayi AS's highest Days Payable was 81.92. The lowest was 13.25. And the median was 25.06.

IST:SEYKM's Days Payable is ranked worse than
91.21% of 796 companies
in the Medical Devices & Instruments industry
Industry Median: 70.29 vs IST:SEYKM: 21.87

Seyitler Kimyanayi AS's Days Payable declined from Sep. 2023 (26.62) to Sep. 2024 (8.92). It may suggest that Seyitler Kimyanayi AS accelerated paying its suppliers.

Seyitler Kimyanayi AS Days Payable Historical Data

The historical data trend for Seyitler Kimyanayi 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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Seyitler Kimyanayi AS Days Payable Chart

Seyitler Kimyanayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.33

26.25

35.20

27.16

23.87

Seyitler Kimyanayi AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															26.62	-	9.36	31.57	8.92

Competitive Comparison of Seyitler Kimyanayi AS's Days Payable

For the Medical Instruments & Supplies subindustry, Seyitler Kimyanayi 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.

Seyitler Kimyanayi AS's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Seyitler Kimyanayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Seyitler Kimyanayi AS's Days Payable falls into.

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Seyitler Kimyanayi 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.

Seyitler Kimyanayi 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
=	( (12.7	+	5.258)	/	2 )	/	137.278	*	365
=	8.979					/	137.278	*	365
=	23.87

Seyitler Kimyanayi AS's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3.516	+	7.072)	/	2 )	/	54.171	*	365 / 4
=	5.294					/	54.171	*	365 / 4
=	8.92

Seyitler Kimyanayi AS Days Payable Related Terms

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Seyitler Kimyanayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Seyitler Kimya Sanayi AS (IST:SEYKM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ataturk Org. San. Bolgesi, 10007 Sok. Number 7, Cigli, Izmir, TUR, 35620

Website

http://www.seyitler.com

Seyitler Kimya Sanayi AS is engaged in manufacturing Medical plaster, first aid plaster, and capsicum perforated rheumatism plaster. Its products include Medical Tapes, Medical fluids, Wound Dressing, First-Aid plaster and Eye products among others.

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