Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS (IST:TMPOL) Days Payable : 26.41 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS Days Payable?

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺88.3 Mil. Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺305.2 Mil. Hence, Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Days Payable for the three months ended in Dec. 2023 was 26.41.

The historical rank and industry rank for Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Days Payable or its related term are showing as below:

IST:TMPOL's Days Payable is not ranked ^*
in the Chemicals industry.
Industry Median: 59.26
* Ranked among companies with meaningful Days Payable only.

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Days Payable increased from Dec. 2022 (19.34) to Dec. 2023 (26.41). It may suggest that Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS delayed paying its suppliers.

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS Days Payable Historical Data

The historical data trend for Te-mapol Polimer Plastik ve Insaatnayi Ticaret 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.

* Premium members only.

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS Days Payable Chart

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

107.05

108.97

73.68

45.97

60.67

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															19.34	98.69	78.79	42.21	26.41

Competitive Comparison of Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Days Payable

For the Specialty Chemicals subindustry, Te-mapol Polimer Plastik ve Insaatnayi Ticaret 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.

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Days Payable falls into.

Te-mapol Polimer Plastik ve Insaatnayi Ticaret 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.

Te-mapol Polimer Plastik ve Insaatnayi Ticaret 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
=	( (111.381	+	89.355)	/	2 )	/	603.858	*	365
=	100.368					/	603.858	*	365
=	60.67

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (87.278	+	89.355)	/	2 )	/	305.16	*	365 / 4
=	88.3165					/	305.16	*	365 / 4
=	26.41

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS Days Payable Related Terms

Thank you for viewing the detailed overview of Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Te-mapol Polimer Plastik ve Insaat Sanayi Ticaret AS (IST:TMPOL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mimarsinan Organized Industrial Zone District, Cadde No: 9, Melikgazi, Kayseri, TUR, 31187

Website

https://www.temapol.com.tr

Te-mapol Polimer Plastik ve Insaat Sanayi Ticaret AS is engaged in the manufacturing of plastic polymer products. The company offers its products for the Automotive industry, Furniture, Medical Appliances, and Refrigeration industry.

Te-mapol Polimer Plastik ve Insaatnayi Ticaret AS Headlines

No Headlines