Sanica Isinayi AS (IST:SNICA) Days Payable : 51.69 (As of Sep. 2023)

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What is Sanica Isinayi AS Days Payable?

Sanica Isinayi AS's average Accounts Payable for the three months ended in Sep. 2023 was ₺240 Mil. Sanica Isinayi AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺423 Mil. Hence, Sanica Isinayi AS's Days Payable for the three months ended in Sep. 2023 was 51.69.

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

IST:SNICA' s Days Payable Range Over the Past 10 Years
Min: 25.32 Med: 55.86 Max: 76.8
Current: 48.9

During the past 4 years, Sanica Isinayi AS's highest Days Payable was 76.80. The lowest was 25.32. And the median was 55.86.

IST:SNICA's Days Payable is ranked worse than
63.48% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.98 vs IST:SNICA: 48.90

Sanica Isinayi AS's Days Payable declined from Sep. 2022 (69.24) to Sep. 2023 (51.69). It may suggest that Sanica Isinayi AS accelerated paying its suppliers.

Sanica Isinayi AS Days Payable Historical Data

The historical data trend for Sanica Isinayi 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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Sanica Isinayi AS Days Payable Chart

Sanica Isinayi AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

71.67

76.80

40.05

25.32

Sanica Isinayi AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial						69.24	19.24	46.98	67.88	51.69

Competitive Comparison of Sanica Isinayi AS's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Sanica Isinayi 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.

Sanica Isinayi AS's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sanica Isinayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Sanica Isinayi AS's Days Payable falls into.

Sanica Isinayi 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.

Sanica Isinayi AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (38.841	+	84.378)	/	2 )	/	888.075	*	365
=	61.6095					/	888.075	*	365
=	25.32

Sanica Isinayi AS's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (280.841	+	198.753)	/	2 )	/	423.361	*	365 / 4
=	239.797					/	423.361	*	365 / 4
=	51.69

Sanica Isinayi AS Days Payable Related Terms

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Sanica Isinayi AS (IST:SNICA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sanica Isi Sanayi AS (IST:SNICA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kavakl? Mah Istanbul Cad. No: 10, Istanbul, TUR, 34520

Website

https://www.sanicaisi.com.tr

Sanica Isi Sanayi AS engages in manufacturing fabricated metal products, machinery electrical equipment, and transportation vehicles. It is a manufacturer of acrylic bathtubs and also produces bathrooms, spas, heat, plumbing, glass, and infrastructure. It offers electric housewares, acrylic bathtubs, boilers, panel radiators, and towel warmers.

Sanica Isinayi AS (IST:SNICA) Headlines

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