Suwen Tekstilnayi Pazarlama AS (IST:SUWEN) Days Payable : 27.45 (As of Sep. 2024)

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What is Suwen Tekstilnayi Pazarlama AS Days Payable?

Suwen Tekstilnayi Pazarlama AS's average Accounts Payable for the three months ended in Sep. 2024 was ₺196 Mil. Suwen Tekstilnayi Pazarlama AS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₺653 Mil. Hence, Suwen Tekstilnayi Pazarlama AS's Days Payable for the three months ended in Sep. 2024 was 27.45.

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

IST:SUWEN' s Days Payable Range Over the Past 10 Years
Min: 49.24 Med: 102.04 Max: 183.1
Current: 49.24

During the past 5 years, Suwen Tekstilnayi Pazarlama AS's highest Days Payable was 183.10. The lowest was 49.24. And the median was 102.04.

IST:SUWEN's Days Payable is ranked worse than
55.86% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.66 vs IST:SUWEN: 49.24

Suwen Tekstilnayi Pazarlama AS's Days Payable increased from Sep. 2023 (22.00) to Sep. 2024 (27.45). It may suggest that Suwen Tekstilnayi Pazarlama AS delayed paying its suppliers.

Suwen Tekstilnayi Pazarlama AS Days Payable Historical Data

The historical data trend for Suwen Tekstilnayi Pazarlama 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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Suwen Tekstilnayi Pazarlama AS Days Payable Chart

Suwen Tekstilnayi Pazarlama AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

181.15

183.10

102.04

66.47

59.01

Suwen Tekstilnayi Pazarlama AS Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial											22.00	-	51.76	46.48	27.45

Competitive Comparison of Suwen Tekstilnayi Pazarlama AS's Days Payable

For the Apparel Manufacturing subindustry, Suwen Tekstilnayi Pazarlama 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.

Suwen Tekstilnayi Pazarlama AS's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Suwen Tekstilnayi Pazarlama AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Suwen Tekstilnayi Pazarlama AS's Days Payable falls into.

Suwen Tekstilnayi Pazarlama 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.

Suwen Tekstilnayi Pazarlama 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
=	( (257.053	+	132.846)	/	2 )	/	1205.933	*	365
=	194.9495					/	1205.933	*	365
=	59.01

Suwen Tekstilnayi Pazarlama 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
=	( (202.795	+	190.158)	/	2 )	/	653.021	*	365 / 4
=	196.4765					/	653.021	*	365 / 4
=	27.45

Suwen Tekstilnayi Pazarlama AS Days Payable Related Terms

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Suwen Tekstilnayi Pazarlama AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Suwen Tekstil Sanayi Pazarlama AS (IST:SUWEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tatlisu Mah Goksu Cad No 41/1, Umraniye, Istanbul, TUR

Website

https://www.suwen.com.tr

Suwen Tekstil Sanayi Pazarlama AS is engaged in manufacturing women's clothing products ranging from underwear to home wear, from socks to corsets, from swimwear & bikini collections to puerperal groups.

Suwen Tekstilnayi Pazarlama AS Headlines

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