Tat Gidanayi AS (IST:TATGD) Days Payable : 80.87 (As of Dec. 2024)

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What is Tat Gidanayi AS Days Payable?

Tat Gidanayi AS's average Accounts Payable for the three months ended in Dec. 2024 was ₺1,215 Mil. Tat Gidanayi AS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₺1,371 Mil. Hence, Tat Gidanayi AS's Days Payable for the three months ended in Dec. 2024 was 80.87.

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

IST:TATGD' s Days Payable Range Over the Past 10 Years
Min: 49.91 Med: 60.8 Max: 166.26
Current: 67.52

During the past 13 years, Tat Gidanayi AS's highest Days Payable was 166.26. The lowest was 49.91. And the median was 60.80.

IST:TATGD's Days Payable is ranked better than
69.03% of 1831 companies
in the Consumer Packaged Goods industry
Industry Median: 45.99 vs IST:TATGD: 67.52

Tat Gidanayi AS's Days Payable increased from Dec. 2023 (59.50) to Dec. 2024 (80.87). It may suggest that Tat Gidanayi AS delayed paying its suppliers.

Tat Gidanayi AS Days Payable Historical Data

The historical data trend for Tat Gidanayi 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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Tat Gidanayi AS Days Payable Chart

Tat Gidanayi AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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130.98

111.28

49.91

54.59

70.16

Tat Gidanayi AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															59.50	57.98	42.62	81.73	80.87

Competitive Comparison of Tat Gidanayi AS's Days Payable

For the Packaged Foods subindustry, Tat Gidanayi 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.

Tat Gidanayi AS's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tat Gidanayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Tat Gidanayi AS's Days Payable falls into.

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Tat Gidanayi 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.

Tat Gidanayi AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1277.68	+	902.121)	/	2 )	/	5670.431	*	365
=	1089.9005					/	5670.431	*	365
=	70.16

Tat Gidanayi AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1528.555	+	902.121)	/	2 )	/	1371.351	*	365 / 4
=	1215.338					/	1371.351	*	365 / 4
=	80.87

Tat Gidanayi AS Days Payable Related Terms

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Tat Gidanayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tat Gida Sanayi AS (IST:TATGD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tasdelen Mahallesi Sirri Celik Bulvari No. 7, Cekmekoy, Istanbul, TUR, 34788

Website

https://www.tatgida.com

Tat Gida Sanayi AS is involved in the food sector. The company is engaged in production, distribution, marketing, the domestic and foreign trade of food, beverage, juice, agricultural and animal products, frozen foods, dried goods, sweet and sugar free juice and canned goods. Its segments include Tomato paste and canned foods; and Milk and dairy products. The company generates maximum revenue from the Milk and dairy products segment.

Tat Gidanayi AS Headlines

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