TEK-ART Turizm Zigana AS (IST:TEKTU) Days Payable: 0.00 (As of Mar. 2026)

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IST:TEKTU TEK-ART Turizm Zigana AS IST:TEKTU
46 GF Score
Price ₺8.83
GF Value ₺4.93
Valuation Significantly Overvalued
! 5 Warning Signs
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What is TEK-ART Turizm Zigana AS Days Payable?

TEK-ART Turizm Zigana AS IST:TEKTU -2.00% 46 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates IST:TEKTU with a GF Score™ of 46/100 and a GF Value™ of ₺4.93 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 779 Travel & Leisure companies, TEK-ART Turizm Zigana AS ranks better than 75.48% on this metric.

TEK-ART Turizm Zigana AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺11.3 Mil. TEK-ART Turizm Zigana AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺0.0 Mil.

The historical rank and industry rank for TEK-ART Turizm Zigana AS's Days Payable or its related term are showing as below:

IST:TEKTU' s Days Payable Range Over the Past 10 Years
Min: 26.23   Med: 77.39   Max: 274.3
Current: 126.93

During the past 13 years, TEK-ART Turizm Zigana AS's highest Days Payable was 274.30. The lowest was 26.23. And the median was 77.39.

IST:TEKTU's Days Payable is ranked better than
75.48% of 779 companies
in the Travel & Leisure industry
Industry Median: 56.99 vs IST:TEKTU: 126.93

TEK-ART Turizm Zigana AS's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same


TEK-ART Turizm Zigana AS Days Payable Historical Data

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The historical data trend for TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana AS Days Payable Chart

TEK-ART Turizm Zigana 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 243.85 44.49 28.39 26.23 29.69

TEK-ART Turizm Zigana 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 0.00 152.53 56.93 378.02 0.00

IST:TEKTU vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, TEK-ART Turizm Zigana 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.


TEK-ART Turizm Zigana AS Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TEK-ART Turizm Zigana AS's Days Payable distribution charts can be found below:

* The bar in red indicates where TEK-ART Turizm Zigana AS's Days Payable falls into.


IST:TEKTU
46GF Score
TEK-ART Turizm Zigana AS IST:TEKTU
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana 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
=( (2.139 + 4.526) / 2 ) / 40.971*365
=3.3325 / 40.971*365
=29.69

TEK-ART Turizm Zigana 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
=( (4.526 + 18.156) / 2 ) / 0*365 / 4
=11.341 / 0*365 / 4
=N/A

* 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 0.00 mean?
TEK-ART Turizm Zigana AS (IST:TEKTU) has a Days Payable of 0.00 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 TEK-ART Turizm Zigana AS and its competitors. Over the past decade, TEK-ART Turizm Zigana AS's Days Payable has ranged from 26.23 to 274.30. According to the industry distribution chart, TEK-ART Turizm Zigana AS ranks #191 out of 779 companies in the Travel & Leisure industry, placing it in the top 24.5%.
Is TEK-ART Turizm Zigana AS's Days Payable too high?
TEK-ART Turizm Zigana AS's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 26.23 to a high of 274.30. Based on the distribution chart, TEK-ART Turizm Zigana AS ranks #191 out of 779 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, TEK-ART Turizm Zigana AS has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TEK-ART Turizm Zigana AS's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, TEK-ART Turizm Zigana AS ranks #191 out of 779 companies for Days Payable. This places TEK-ART Turizm Zigana AS in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.99. Historically, TEK-ART Turizm Zigana AS's own Days Payable has ranged from 26.23 to 274.30 over the past decade. 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.99, based on 779 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. 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 TEK-ART Turizm Zigana AS and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TEK-ART Turizm Zigana AS's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TEK-ART Turizm Zigana AS stock overvalued right now?
Based on GuruFocus' analysis, TEK-ART Turizm Zigana AS (IST:TEKTU) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺4.93, compared to a current price of ₺8.83 — trading 79.1% above its estimated fair value. The current Days Payable is 0.00. TEK-ART Turizm Zigana AS's overall GF Score™ is 46/100 with 5 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 TEK-ART Turizm Zigana AS (IST:TEKTU), the current Days Payable is 0.00 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 TEK-ART Turizm Zigana AS (IST:TEKTU) Overvalued in 2026?

Based on GuruFocus' analysis, TEK-ART Turizm Zigana AS stock appears to be overvalued. The current stock price of ₺8.83 is trading 79.1% above its estimated GF Value™ of ₺4.93. GuruFocus considers TEK-ART Turizm Zigana AS to be Significantly Overvalued.

Key valuation signals for IST:TEKTU:

  • Days Payable: 0.00
  • GF Value™: ₺4.93 vs. price of ₺8.83 (79.1% above fair value)
  • GF Score™: 46/100 with 5 warning signs

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


TEK-ART Turizm Zigana AS Business Description

Address Halkali Cad No: 259, Sefakoy - K. Cekmece, Istanbul, TUR
TEK-ART Turizm Zigana AS is engaged in tourism, and leisure and entertainment sectors. It manages and invests in hotels, holiday villages, golf courses, restaurants, entertainment facilities, beaches, theme parks, and marinas.
46GF Score

Get the complete analysis for IST:TEKTU

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

₺8.83
Price
₺4.93
GF Value