Sok Marketler Ticaret AS (IST:SOKM) Days Payable : 59.44 (As of Sep. 2024)

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What is Sok Marketler Ticaret AS Days Payable?

Sok Marketler Ticaret AS's average Accounts Payable for the three months ended in Sep. 2024 was ₺27,360 Mil. Sok Marketler Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺41,999 Mil. Hence, Sok Marketler Ticaret AS's Days Payable for the three months ended in Sep. 2024 was 59.44.

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

IST:SOKM' s Days Payable Range Over the Past 10 Years
Min: 48.51 Med: 89.42 Max: 102.55
Current: 77.39

During the past 9 years, Sok Marketler Ticaret AS's highest Days Payable was 102.55. The lowest was 48.51. And the median was 89.42.

IST:SOKM's Days Payable is ranked better than
64.88% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 52.82 vs IST:SOKM: 77.39

Sok Marketler Ticaret AS's Days Payable increased from Sep. 2023 (32.65) to Sep. 2024 (59.44). It may suggest that Sok Marketler Ticaret AS delayed paying its suppliers.

Sok Marketler Ticaret AS Days Payable Historical Data

The historical data trend for Sok Marketler Ticaret 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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Sok Marketler Ticaret AS Days Payable Chart

Sok Marketler Ticaret AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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87.16

89.42

83.19

48.51

64.96

Sok Marketler Ticaret 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															32.65	-	63.52	62.14	59.44

Competitive Comparison of Sok Marketler Ticaret AS's Days Payable

For the Department Stores subindustry, Sok Marketler Ticaret 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.

Sok Marketler Ticaret AS's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sok Marketler Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Sok Marketler Ticaret AS's Days Payable falls into.

Sok Marketler Ticaret 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.

Sok Marketler Ticaret 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
=	( (18504.431	+	19513.195)	/	2 )	/	106807.106	*	365
=	19008.813					/	106807.106	*	365
=	64.96

Sok Marketler Ticaret 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
=	( (26980.908	+	27738.566)	/	2 )	/	41999.425	*	365 / 4
=	27359.737					/	41999.425	*	365 / 4
=	59.44

Sok Marketler Ticaret AS Days Payable Related Terms

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Sok Marketler Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sok Marketler Ticaret AS (IST:SOKM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kisikli Mahallesi Hanimseti Sokak No: 35, B/1 Uskudar, Istanbul, TUR

Website

https://www.sokmarket.com.tr

Sok Marketler Ticaret AS operates retail stores for personal cleaning and care products in Turkey. The company offers kitchenware, cleaners, paper products, and clothing items of Mis, Piyale, Mintax, Evin, and Amigo brands.

Sok Marketler Ticaret AS Headlines

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