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Tatlipinar Enerji Uretim AS (IST:TATEN) Days Payable : 16.28 (As of Dec. 2022)


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What is Tatlipinar Enerji Uretim AS Days Payable?

Tatlipinar Enerji Uretim AS's average Accounts Payable for the six months ended in Dec. 2022 was ₺17.4 Mil. Tatlipinar Enerji Uretim AS's Cost of Goods Sold for the six months ended in Dec. 2022 was ₺390.6 Mil. Hence, Tatlipinar Enerji Uretim AS's Days Payable for the six months ended in Dec. 2022 was 8.14.

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

IST:TATEN' s Days Payable Range Over the Past 10 Years
Min: 16.28   Med: 46.35   Max: 239.63
Current: 16.28

During the past 3 years, Tatlipinar Enerji Uretim AS's highest Days Payable was 239.63. The lowest was 16.28. And the median was 46.35.

IST:TATEN's Days Payable is ranked worse than
92.01% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77.405 vs IST:TATEN: 16.28

Tatlipinar Enerji Uretim AS's Days Payable declined from Dec. 2020 (239.63) to Dec. 2022 (16.28). It may suggest that Tatlipinar Enerji Uretim AS accelerated paying its suppliers.


Tatlipinar Enerji Uretim AS Days Payable Historical Data

The historical data trend for Tatlipinar Enerji Uretim 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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Tatlipinar Enerji Uretim AS Days Payable Chart

Tatlipinar Enerji Uretim AS Annual Data
Trend Dec20 Dec21 Dec22
Days Payable
239.63 46.35 16.28

Tatlipinar Enerji Uretim AS Semi-Annual Data
Dec20 Dec21 Dec22
Days Payable 239.63 46.35 16.28

Competitive Comparison of Tatlipinar Enerji Uretim AS's Days Payable

For the Utilities - Renewable subindustry, Tatlipinar Enerji Uretim 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.


Tatlipinar Enerji Uretim AS's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tatlipinar Enerji Uretim AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Tatlipinar Enerji Uretim AS's Days Payable falls into.



Tatlipinar Enerji Uretim 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.

Tatlipinar Enerji Uretim 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
=( (15.314 + 19.515) / 2 ) / 390.555*365
=17.4145 / 390.555*365
=16.28

Tatlipinar Enerji Uretim AS's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (15.314 + 19.515) / 2 ) / 390.555*365 / 2
=17.4145 / 390.555*365 / 2
=8.14

* 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.


Tatlipinar Enerji Uretim AS Days Payable Related Terms

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Tatlipinar Enerji Uretim AS (IST:TATEN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Barbaros Mah. Ihlamur Bulvari, No:4B D:1 Ata?ehir, Istanbul, TUR
Tatlipinar Enerji Uretim AS is an Turkey based renewable energy producing corporation which aims in reducing foreign dependency in energy by using domestic and clean energy resources in the most efficient way.

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