Seyitler Kimyanayi AS (IST:SEYKM) Days Payable: 38.38 (As of Mar. 2026) — 44% Above Median


IST:SEYKM Seyitler Kimya Sanayi AS IST:SEYKM
64 GF Score
Price ₺4.64
GF Value ₺2.80
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Seyitler Kimyanayi AS Days Payable?

Seyitler Kimyanayi AS IST:SEYKM -1.07% 64 Days Payable is 38.38 as of Mar. 2026, which is 44% above its 10-year median of 26.71. GuruFocus rates IST:SEYKM with a GF Score™ of 64/100 and a GF Value™ of ₺2.80 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Seyitler Kimyanayi AS ranks worse than 77.61% on this metric.

Seyitler Kimyanayi AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺26.3 Mil. Seyitler Kimyanayi AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺62.6 Mil. Hence, Seyitler Kimyanayi AS's Days Payable for the three months ended in Mar. 2026 was 38.38.

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: 11.8   Med: 26.71   Max: 81.92
Current: 37.63

During the past 12 years, Seyitler Kimyanayi AS's highest Days Payable was 81.92. The lowest was 11.80. And the median was 26.71.

IST:SEYKM's Days Payable is ranked worse than
77.61% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 68.07 vs IST:SEYKM: 37.63

Seyitler Kimyanayi AS's Days Payable increased from Mar. 2025 (13.44) to Mar. 2026 (38.38). It may suggest that Seyitler Kimyanayi AS delayed paying its suppliers.


Seyitler Kimyanayi AS Days Payable Historical Data

* Premium members only.

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.

Seyitler Kimyanayi AS Days Payable Chart

Seyitler Kimyanayi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.20 27.16 18.68 11.80 32.91

Seyitler Kimyanayi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.44 28.15 43.20 38.33 38.38

IST:SEYKM vs ISRG, BDX, MDLN: Days Payable Comparison

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 Days Payable vs 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.


IST:SEYKM
64GF Score
Seyitler Kimya Sanayi AS IST:SEYKM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (8.026 + 22.416) / 2 ) / 168.821*365
=15.221 / 168.821*365
=32.91

Seyitler Kimyanayi AS's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (22.416 + 30.241) / 2 ) / 62.605*365 / 4
=26.3285 / 62.605*365 / 4
=38.38

* 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 38.38 mean?
Seyitler Kimyanayi AS (IST:SEYKM) has a Days Payable of 38.38 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Seyitler Kimyanayi AS and its competitors. This is 44% above median its historical median of 26.71. Over the past decade, Seyitler Kimyanayi AS's Days Payable has ranged from 11.80 to 81.92. According to the industry distribution chart, Seyitler Kimyanayi AS ranks #617 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 77.6%.
Is Seyitler Kimyanayi AS's Days Payable too high?
Seyitler Kimyanayi AS's current Days Payable of 38.38 is 44% above median its 10-year median of 26.71. Over the past 10 years, this metric has ranged from a low of 11.80 to a high of 81.92. The Medical Devices & Instruments industry median Days Payable is 68.07. Seyitler Kimyanayi AS's value of 38.38 is 43.6% below this industry median. Based on the distribution chart, Seyitler Kimyanayi AS ranks #617 out of 795 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Seyitler Kimyanayi AS has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seyitler Kimyanayi AS's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Seyitler Kimyanayi AS ranks #617 out of 795 companies for Days Payable. This places Seyitler Kimyanayi AS in the lower half of its industry. The industry median Days Payable is 68.07. Seyitler Kimyanayi AS's value of 38.38 is 43.6% below this benchmark. Historically, Seyitler Kimyanayi AS's own Days Payable has ranged from 11.80 to 81.92 over the past decade. While the company's 10-year median is 26.71 vs. the industry median of 68.07, Seyitler Kimyanayi AS has consistently been below the industry average. 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. Seyitler Kimyanayi AS's current Days Payable of 38.38 is 43.6% 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 Seyitler Kimyanayi AS and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seyitler Kimyanayi AS's current Days Payable is 38.38, which is 44% above median its own 10-year median of 26.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seyitler Kimyanayi AS stock overvalued right now?
Based on GuruFocus' analysis, Seyitler Kimyanayi AS (IST:SEYKM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺2.80, compared to a current price of ₺4.64 — trading 65.7% above its estimated fair value. The current Days Payable is 38.38, which is 44% above median its 10-year median of 26.71 and 43.6% below the Medical Devices & Instruments industry median of 68.07. Seyitler Kimyanayi AS's overall GF Score™ is 64/100 with 6 warning signs to review. 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 Seyitler Kimyanayi AS (IST:SEYKM), the current Days Payable is 38.38 as of Mar. 2026. 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.

Is Seyitler Kimyanayi AS (IST:SEYKM) Overvalued in 2026?

Based on GuruFocus' analysis, Seyitler Kimyanayi AS stock appears to be overvalued. The current stock price of ₺4.64 is trading 65.7% above its estimated GF Value™ of ₺2.80. GuruFocus considers Seyitler Kimyanayi AS to be Significantly Overvalued.

Key valuation signals for IST:SEYKM:

  • Days Payable: 38.38 (44% above median its 10-year median of 26.71)
  • GF Value™: ₺2.80 vs. price of ₺4.64 (65.7% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 43.6% below the Medical Devices & Instruments median (#617 of 795)

No single metric tells the full story. See the IST:SEYKM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seyitler Kimyanayi AS Business Description

Address Ataturk Org. San. Bolgesi, 10007 Sok. Number 7, Cigli, Izmir, TUR, 35620
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.
64GF Score

Get the complete analysis for IST:SEYKM

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺4.64
Price
₺2.80
GF Value