Smartiks Yazilim ASIST:SMART -1.06%68 Days Payable is 1,262.09 as of Mar. 2026, which is 836% above its 10-year median of 134.80. GuruFocus rates IST:SMART with a GF Score™ of 68/100 and a GF Value™ of ₺19.49 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,604 Software companies, Smartiks Yazilim AS ranks better than 92.7% on this metric.
The historical rank and industry rank for Smartiks Yazilim AS's Days Payable or its related term are showing as below:
IST:SMART'
s Days Payable Range Over the Past 10 Years
Min: 51.68 Med: 134.8 Max: 514.48
Current: 514.48
During the past 10 years, Smartiks Yazilim AS's highest Days Payable was 514.48. The lowest was 51.68. And the median was 134.80.
IST:SMART's Days Payable is ranked better than 92.7% of 2604
companies
in the Software industry
Industry Median: 53.955
vs IST:SMART: 514.48
Smartiks Yazilim AS's Days Payable
increased
from Mar. 2025 (102.75) to Mar. 2026 (1,262.09).
It may suggest that Smartiks Yazilim ASdelayed paying its suppliers.
Smartiks Yazilim AS Days Payable Related Terms
Smartiks Yazilim AS Days Payable Historical Data
* Premium members only.
The historical data trend for Smartiks Yazilim 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.
IST:SMART vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, Smartiks Yazilim 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.
Smartiks Yazilim AS Days Payable vs Software Industry
For the Software industry and Technology sector, Smartiks Yazilim AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Smartiks Yazilim AS's Days Payable falls into.
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.
Smartiks Yazilim AS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Smartiks Yazilim AS (IST:SMART) has a Days Payable of 1,262.09 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 Smartiks Yazilim AS and its competitors. This is 836% above median its historical median of 134.80. Over the past decade, Smartiks Yazilim AS's Days Payable has ranged from 51.68 to 514.48. According to the industry distribution chart, Smartiks Yazilim AS ranks #190 out of 2604 companies in the Software industry, placing it in the top 7.3%.
Is Smartiks Yazilim AS's Days Payable too high?
Smartiks Yazilim AS's current Days Payable of 1,262.09 is 836% above median its 10-year median of 134.80. Over the past 10 years, this metric has ranged from a low of 51.68 to a high of 514.48. The Software industry median Days Payable is 53.96. Smartiks Yazilim AS's value of 1,262.09 is 2239.2% above this industry median. Based on the distribution chart, Smartiks Yazilim AS ranks #190 out of 2604 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Smartiks Yazilim AS has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartiks Yazilim AS's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Smartiks Yazilim AS ranks #190 out of 2604 companies for Days Payable. This places Smartiks Yazilim AS in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.96. Smartiks Yazilim AS's value of 1,262.09 is 2239.2% above this benchmark. Historically, Smartiks Yazilim AS's own Days Payable has ranged from 51.68 to 514.48 over the past decade. While the company's 10-year median is 134.80 vs. the industry median of 53.96, Smartiks Yazilim AS has consistently been above 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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. Smartiks Yazilim AS's current Days Payable of 1,262.09 is 2239.2% above 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 Smartiks Yazilim AS and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartiks Yazilim AS's current Days Payable is 1,262.09, which is 836% above median its own 10-year median of 134.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartiks Yazilim AS stock overvalued right now?
Based on GuruFocus' analysis, Smartiks Yazilim AS (IST:SMART) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺19.49, compared to a current price of ₺31.88 — trading 63.6% above its estimated fair value. The current Days Payable is 1,262.09, which is 836% above median its 10-year median of 134.80 and 2239.2% above the Software industry median of 53.96. Smartiks Yazilim AS's overall GF Score™ is 68/100 with 7 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 Smartiks Yazilim AS (IST:SMART), the current Days Payable is 1,262.09 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 Smartiks Yazilim AS (IST:SMART) Overvalued in 2026?
Based on GuruFocus' analysis, Smartiks Yazilim AS stock appears to be overvalued.
The current stock price of ₺31.88 is trading 63.6% above its estimated GF Value™ of ₺19.49.
GuruFocus considers Smartiks Yazilim AS to be Significantly Overvalued.
Key valuation signals for IST:SMART:
Days Payable: 1,262.09 (836% above median its 10-year median of 134.80)
GF Value™: ₺19.49 vs. price of ₺31.88 (63.6% above fair value)
Industry Position: 2239.2% above the Software median (#190 of 2604)
No single metric tells the full story. See the IST:SMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smartiks Yazilim AS is engaged in providing effective business solutions, software development and consultancy services. The services are offered to health, insurance, banking and finance, retail, telecom and various other sectors. The consultancy services are grouped under Enterprise Software Development/Consultancy and Technology Solutions Consultancy.
68GF Score
Get the complete analysis for IST:SMART
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:SMART has been successfully added to your 
