Tat Gidanayi AS (IST:TATGD) Days Payable: 47.33 (As of Mar. 2026) — 25% Below Median


IST:TATGD Tat Gida Sanayi AS IST:TATGD
66 GF Score
Price ₺20.20
GF Value ₺15.84
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Tat Gidanayi AS Days Payable?

Tat Gidanayi AS IST:TATGD +3.86% 66 Days Payable is 47.33 as of Mar. 2026, which is 25% below its 10-year median of 62.71. GuruFocus rates IST:TATGD with a GF Score™ of 66/100 and a GF Value™ of ₺15.84 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,884 Consumer Packaged Goods companies, Tat Gidanayi AS ranks better than 69.32% on this metric.

Tat Gidanayi AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺1,005 Mil. Tat Gidanayi AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺1,938 Mil. Hence, Tat Gidanayi AS's Days Payable for the three months ended in Mar. 2026 was 47.33.

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: 62.71   Max: 166.26
Current: 56.2

During the past 13 years, Tat Gidanayi AS's highest Days Payable was 166.26. The lowest was 49.91. And the median was 62.71.

IST:TATGD's Days Payable is ranked better than
69.32% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 43.885 vs IST:TATGD: 56.20

Tat Gidanayi AS's Days Payable increased from Mar. 2025 (36.41) to Mar. 2026 (47.33). It may suggest that Tat Gidanayi AS delayed paying its suppliers.


Tat Gidanayi AS Days Payable Historical Data

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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.

Tat Gidanayi AS Days Payable Chart

Tat Gidanayi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.28 49.91 54.59 60.45 67.50

Tat Gidanayi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.41 35.52 79.71 85.80 47.33

IST:TATGD vs KHC, GIS: Days Payable Comparison

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 Days Payable vs 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.


IST:TATGD
66GF Score
Tat Gida Sanayi AS IST:TATGD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1180.804 + 1363.411) / 2 ) / 6878.72*365
=1272.1075 / 6878.72*365
=67.50

Tat Gidanayi AS's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1363.411 + 647.094) / 2 ) / 1938.191*365 / 4
=1005.2525 / 1938.191*365 / 4
=47.33

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 47.33 mean?
Tat Gidanayi AS (IST:TATGD) has a Days Payable of 47.33 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tat Gidanayi AS and its competitors. This is 25% below median its historical median of 62.71. Over the past decade, Tat Gidanayi AS's Days Payable has ranged from 49.91 to 166.26. According to the industry distribution chart, Tat Gidanayi AS ranks #578 out of 1884 companies in the Consumer Packaged Goods industry, placing it in the top 30.7%.
Is Tat Gidanayi AS's Days Payable too high?
Tat Gidanayi AS's current Days Payable of 47.33 is 25% below median its 10-year median of 62.71. Over the past 10 years, this metric has ranged from a low of 49.91 to a high of 166.26. The Consumer Packaged Goods industry median Days Payable is 43.89. Tat Gidanayi AS's value of 47.33 is 7.9% above this industry median. Based on the distribution chart, Tat Gidanayi AS ranks #578 out of 1884 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tat Gidanayi AS has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tat Gidanayi AS's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tat Gidanayi AS ranks #578 out of 1884 companies for Days Payable. This puts Tat Gidanayi AS in the upper half of its industry. The industry median Days Payable is 43.89. Tat Gidanayi AS's value of 47.33 is 7.9% above this benchmark. Historically, Tat Gidanayi AS's own Days Payable has ranged from 49.91 to 166.26 over the past decade. While the company's 10-year median is 62.71 vs. the industry median of 43.89, Tat Gidanayi AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.89, based on 1,884 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tat Gidanayi AS's current Days Payable of 47.33 is 7.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tat Gidanayi AS and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tat Gidanayi AS's current Days Payable is 47.33, which is 25% below median its own 10-year median of 62.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tat Gidanayi AS stock overvalued right now?
Based on GuruFocus' analysis, Tat Gidanayi AS (IST:TATGD) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺15.84, compared to a current price of ₺20.20 — trading 27.5% above its estimated fair value. The current Days Payable is 47.33, which is 25% below median its 10-year median of 62.71 and 7.9% above the Consumer Packaged Goods industry median of 43.89. Tat Gidanayi AS's overall GF Score™ is 66/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Tat Gidanayi AS (IST:TATGD), the current Days Payable is 47.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tat Gidanayi AS (IST:TATGD) Overvalued in 2026?

Based on GuruFocus' analysis, Tat Gidanayi AS stock appears to be overvalued. The current stock price of ₺20.20 is trading 27.5% above its estimated GF Value™ of ₺15.84. GuruFocus considers Tat Gidanayi AS to be Modestly Overvalued.

Key valuation signals for IST:TATGD:

  • Days Payable: 47.33 (25% below median its 10-year median of 62.71)
  • GF Value™: ₺15.84 vs. price of ₺20.20 (27.5% above fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 7.9% above the Consumer Packaged Goods median (#578 of 1884)

No single metric tells the full story. See the IST:TATGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tat Gidanayi AS Business Description

Address Tasdelen Mahallesi Sirri Celik Bulvari No. 7, Cekmekoy, Istanbul, TUR, 34788
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.
66GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺20.20
Price
₺15.84
GF Value