Sumer Varlik Yonetim AS (IST:SMRVA) Days Payable: 2.34 (As of Mar. 2026) — 119% Above Median

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IST:SMRVA Sumer Varlik Yonetim AS IST:SMRVA
23 GF Score
Price ₺13.20
! 1 Warning Sign
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What is Sumer Varlik Yonetim AS Days Payable?

Sumer Varlik Yonetim AS IST:SMRVA +1.54% 23 Days Payable is 2.34 as of Mar. 2026, which is 119% above its 10-year median of 1.07. GuruFocus rates IST:SMRVA with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 481 Asset Management companies, Sumer Varlik Yonetim AS ranks worse than 97.71% on this metric.

Sumer Varlik Yonetim AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺5 Mil. Sumer Varlik Yonetim AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺186 Mil. Hence, Sumer Varlik Yonetim AS's Days Payable for the three months ended in Mar. 2026 was 2.34.

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

IST:SMRVA' s Days Payable Range Over the Past 10 Years
Min: 0.57   Med: 1.07   Max: 2.26
Current: 1.57

During the past 5 years, Sumer Varlik Yonetim AS's highest Days Payable was 2.26. The lowest was 0.57. And the median was 1.07.

IST:SMRVA's Days Payable is ranked worse than
97.71% of 481 companies
in the Asset Management industry
Industry Median: 70.48 vs IST:SMRVA: 1.57

Sumer Varlik Yonetim AS's Days Payable increased from Mar. 2025 (0.52) to Mar. 2026 (2.34). It may suggest that Sumer Varlik Yonetim AS delayed paying its suppliers.


Sumer Varlik Yonetim AS Days Payable Historical Data

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The historical data trend for Sumer Varlik Yonetim 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.

Sumer Varlik Yonetim AS Days Payable Chart

Sumer Varlik Yonetim AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
2.26 2.15 1.07 0.57 0.63

Sumer Varlik Yonetim AS Quarterly Data
Dec21 Dec22 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 0.52 0.93 0.95 0.70 2.34

IST:SMRVA vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Sumer Varlik Yonetim 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.


Sumer Varlik Yonetim AS Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Sumer Varlik Yonetim AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Sumer Varlik Yonetim AS's Days Payable falls into.


IST:SMRVA
23GF Score
Sumer Varlik Yonetim AS IST:SMRVA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumer Varlik Yonetim 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.

Sumer Varlik Yonetim 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
=( (0.83 + 1.236) / 2 ) / 596.296*365
=1.033 / 596.296*365
=0.63

Sumer Varlik Yonetim 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
=( (1.236 + 8.297) / 2 ) / 185.771*365 / 4
=4.7665 / 185.771*365 / 4
=2.34

* 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 2.34 mean?
Sumer Varlik Yonetim AS (IST:SMRVA) has a Days Payable of 2.34 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 Sumer Varlik Yonetim AS and its competitors. This is 119% above median its historical median of 1.07. Over the past decade, Sumer Varlik Yonetim AS's Days Payable has ranged from 0.57 to 2.26. According to the industry distribution chart, Sumer Varlik Yonetim AS ranks #470 out of 481 companies in the Asset Management industry, placing it in the top 97.7%.
Is Sumer Varlik Yonetim AS's Days Payable too high?
Sumer Varlik Yonetim AS's current Days Payable of 2.34 is 119% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.26. The Asset Management industry median Days Payable is 70.48. Sumer Varlik Yonetim AS's value of 2.34 is 96.7% below this industry median. Based on the distribution chart, Sumer Varlik Yonetim AS ranks #470 out of 481 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Sumer Varlik Yonetim AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Sumer Varlik Yonetim AS's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Sumer Varlik Yonetim AS ranks #470 out of 481 companies for Days Payable. This places Sumer Varlik Yonetim AS in the lower half of its industry. The industry median Days Payable is 70.48. Sumer Varlik Yonetim AS's value of 2.34 is 96.7% below this benchmark. Historically, Sumer Varlik Yonetim AS's own Days Payable has ranged from 0.57 to 2.26 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 70.48, Sumer Varlik Yonetim 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.48, based on 481 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. Sumer Varlik Yonetim AS's current Days Payable of 2.34 is 96.7% 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 Sumer Varlik Yonetim AS and its competitors. For the Asset Management industry, the median Days Payable is 70.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sumer Varlik Yonetim AS's current Days Payable is 2.34, which is 119% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumer Varlik Yonetim AS stock overvalued right now?
Sumer Varlik Yonetim AS (IST:SMRVA) has a current Days Payable of 2.34. The current Days Payable is 2.34, which is 119% above median its 10-year median of 1.07 and 96.7% below the Asset Management industry median of 70.48. Sumer Varlik Yonetim AS's overall GF Score™ is 23/100 with 1 warning sign 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 Sumer Varlik Yonetim AS (IST:SMRVA), the current Days Payable is 2.34 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.

Sumer Varlik Yonetim AS Business Description

Address Buyukdere Street, Oz Sezen Business Center B Block K: 1-2-3, Esentepe District, Sisli, Istanbul, TUR
Sumer Varlik Yonetim AS operates in the field of purchasing receivables and other assets of banks and other financial institutions, collecting from debtors and restructuring them, and converting collateral into cash. It aims to serve as a bridge between financial institutions and debtors by emphasizing fast collection policy and efficiency and to produce business solutions that satisfy all parties.
23GF Score

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