Tekfen Holding AS (IST:TKFEN) Days Payable: 108.16 (As of Mar. 2026) — Near Median


IST:TKFEN Tekfen Holding AS IST:TKFEN
44 GF Score
Price ₺140.50
GF Value ₺55.09
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Tekfen Holding AS Days Payable?

Tekfen Holding AS IST:TKFEN +0.36% 44 Days Payable is 108.16 as of Mar. 2026, which is 7% above its 10-year median of 100.68. GuruFocus rates IST:TKFEN with a GF Score™ of 44/100 and a GF Value™ of ₺55.09 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 246 Agriculture companies, Tekfen Holding AS ranks better than 62.2% on this metric.

Tekfen Holding AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺16,245 Mil. Tekfen Holding AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺13,706 Mil. Hence, Tekfen Holding AS's Days Payable for the three months ended in Mar. 2026 was 108.16.

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

IST:TKFEN' s Days Payable Range Over the Past 10 Years
Min: 81.15   Med: 100.68   Max: 125.19
Current: 98.94

During the past 13 years, Tekfen Holding AS's highest Days Payable was 125.19. The lowest was 81.15. And the median was 100.68.

IST:TKFEN's Days Payable is ranked better than
62.2% of 246 companies
in the Agriculture industry
Industry Median: 72.7 vs IST:TKFEN: 98.94

Tekfen Holding AS's Days Payable increased from Mar. 2025 (74.93) to Mar. 2026 (108.16). It may suggest that Tekfen Holding AS delayed paying its suppliers.


Tekfen Holding AS Days Payable Historical Data

* Premium members only.

The historical data trend for Tekfen Holding 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.

Tekfen Holding AS Days Payable Chart

Tekfen Holding 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 125.19 84.76 100.55 81.15 104.57

Tekfen Holding 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 74.93 87.73 102.48 90.21 108.16

IST:TKFEN vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, Tekfen Holding 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.


Tekfen Holding AS Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tekfen Holding AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Tekfen Holding AS's Days Payable falls into.


IST:TKFEN
44GF Score
Tekfen Holding AS IST:TKFEN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tekfen Holding 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.

Tekfen Holding 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
=( (14463.853 + 15325.749) / 2 ) / 51992.373*365
=14894.801 / 51992.373*365
=104.57

Tekfen Holding 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
=( (15325.749 + 17164.654) / 2 ) / 13705.912*365 / 4
=16245.2015 / 13705.912*365 / 4
=108.16

* 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 108.16 mean?
Tekfen Holding AS (IST:TKFEN) has a Days Payable of 108.16 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 Tekfen Holding AS and its competitors. This is near median its historical median of 100.68. Over the past decade, Tekfen Holding AS's Days Payable has ranged from 81.15 to 125.19. According to the industry distribution chart, Tekfen Holding AS ranks #93 out of 246 companies in the Agriculture industry, placing it in the top 37.8%.
Is Tekfen Holding AS's Days Payable too high?
Tekfen Holding AS's current Days Payable of 108.16 is near median its 10-year median of 100.68. Over the past 10 years, this metric has ranged from a low of 81.15 to a high of 125.19. The Agriculture industry median Days Payable is 72.70. Tekfen Holding AS's value of 108.16 is 48.8% above this industry median. Based on the distribution chart, Tekfen Holding AS ranks #93 out of 246 companies in the Agriculture industry, which is above the industry midpoint. Overall, Tekfen Holding AS has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tekfen Holding AS's Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, Tekfen Holding AS ranks #93 out of 246 companies for Days Payable. This puts Tekfen Holding AS in the upper half of its industry. The industry median Days Payable is 72.70. Tekfen Holding AS's value of 108.16 is 48.8% above this benchmark. Historically, Tekfen Holding AS's own Days Payable has ranged from 81.15 to 125.19 over the past decade. While the company's 10-year median is 100.68 vs. the industry median of 72.70, Tekfen Holding 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 an Agriculture company?
The median Days Payable among Agriculture companies is 72.70, based on 246 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. Tekfen Holding AS's current Days Payable of 108.16 is 48.8% 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 Tekfen Holding AS and its competitors. For the Agriculture industry, the median Days Payable is 72.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tekfen Holding AS's current Days Payable is 108.16, which is near median its own 10-year median of 100.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekfen Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Tekfen Holding AS (IST:TKFEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺55.09, compared to a current price of ₺140.50 — trading 155% above its estimated fair value. The current Days Payable is 108.16, which is near median its 10-year median of 100.68 and 48.8% above the Agriculture industry median of 72.70. Tekfen Holding AS's overall GF Score™ is 44/100 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 Tekfen Holding AS (IST:TKFEN), the current Days Payable is 108.16 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 Tekfen Holding AS (IST:TKFEN) Overvalued in 2026?

Based on GuruFocus' analysis, Tekfen Holding AS stock appears to be overvalued. The current stock price of ₺140.50 is trading 155% above its estimated GF Value™ of ₺55.09. GuruFocus considers Tekfen Holding AS to be Significantly Overvalued.

Key valuation signals for IST:TKFEN:

  • Days Payable: 108.16 (near median its 10-year median of 100.68)
  • GF Value™: ₺55.09 vs. price of ₺140.50 (155% above fair value)
  • GF Score™: 44/100 with 10 warning signs
  • Industry Position: 48.8% above the Agriculture median (#93 of 246)

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


Tekfen Holding AS Business Description

Address Kultur Mahallesi, Tekfen Sitesi, Budak Sokak, A Blok, No. 7, Ulus-Besiktas, Istanbul, TUR, 34340
Tekfen Holding AS is a conglomerate that operates in below business lines: Engineering and Contracting; Agricultural Industry; and Investment. It generates maximum revenue from the Agricultural Industry segment. The Agricultural Industry segment is engaged in the production and sale of mineral fertilizers as well as special water soluble fertilizers and organic fertilizers. It also manufactures bags used in fertilizer packaging in its facility. Additionally, it generates biogas through the fermentation of organic wastes and electricity from biogas and also produces solid and liquid organic fertilizers from wastes that have completed the gasification process. Geographically, the company generates maximum revenue from Turkey and the rest from the CIS, the Middle East, and other regions.
44GF Score

Get the complete analysis for IST:TKFEN

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

₺140.50
Price
₺55.09
GF Value