Trend GYO AS (IST:TDGYO) Days Payable : 9.11 (As of Mar. 2024)

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What is Trend GYO AS Days Payable?

Trend GYO AS's average Accounts Payable for the three months ended in Mar. 2024 was ₺1.1 Mil. Trend GYO AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺11.4 Mil. Hence, Trend GYO AS's Days Payable for the three months ended in Mar. 2024 was 9.11.

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

IST:TDGYO' s Days Payable Range Over the Past 10 Years
Min: 5.77 Med: 23.51 Max: 195.06
Current: 5.77

During the past 7 years, Trend GYO AS's highest Days Payable was 195.06. The lowest was 5.77. And the median was 23.51.

IST:TDGYO's Days Payable is ranked worse than
95.61% of 1570 companies
in the Real Estate industry
Industry Median: 97.7 vs IST:TDGYO: 5.77

Trend GYO AS's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (9.11). It may suggest that Trend GYO AS delayed paying its suppliers.

Trend GYO AS Days Payable Historical Data

The historical data trend for Trend GYO 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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Trend GYO AS Days Payable Chart

Trend GYO AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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6.50

6.22

38.66

23.51

6.36

Trend GYO AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	0.50	1.68	9.11

Competitive Comparison of Trend GYO AS's Days Payable

For the Real Estate - Diversified subindustry, Trend GYO 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.

Trend GYO AS's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Trend GYO AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Trend GYO AS's Days Payable falls into.

Trend GYO 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.

Trend GYO 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
=	( (2.419	+	0.088)	/	2 )	/	71.993	*	365
=	1.2535					/	71.993	*	365
=	6.36

Trend GYO AS's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.088	+	2.195)	/	2 )	/	11.439	*	365 / 4
=	1.1415					/	11.439	*	365 / 4
=	9.11

Trend GYO AS Days Payable Related Terms

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Trend GYO AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Trend GYO AS (IST:TDGYO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gursel Mah. Imrahor Cad. Polat Ofis No:23, A Blok Floor:4 Kayythane, Istanbul, TUR

Website

https://www.trendgyo.com.tr

Trend GYO AS is a real estate diversified company. The company's projects include real estate development or construction in various areas such as housing, hotels, residences and university buildings.

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