Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) Days Payable: 47.58 (As of Mar. 2026) — 39% Below Median


IST:TOASO Tofas Turk Otomobil Fabrikasi AS IST:TOASO
87 GF Score
Price ₺325.00
GF Value ₺546.72
Valuation Possible Value Trap
! 8 Warning Signs
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What is Tofas Turk Otomobil Fabrikasi AS Days Payable?

Tofas Turk Otomobil Fabrikasi AS IST:TOASO -3.13% 87 Days Payable is 47.58 as of Mar. 2026, which is 39% below its 10-year median of 78.24. GuruFocus rates IST:TOASO with a GF Score™ of 87/100 and a GF Value™ of ₺546.72 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Tofas Turk Otomobil Fabrikasi AS ranks worse than 76.51% on this metric.

Tofas Turk Otomobil Fabrikasi AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺48,671 Mil. Tofas Turk Otomobil Fabrikasi AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺93,346 Mil. Hence, Tofas Turk Otomobil Fabrikasi AS's Days Payable for the three months ended in Mar. 2026 was 47.58.

The historical rank and industry rank for Tofas Turk Otomobil Fabrikasi AS's Days Payable or its related term are showing as below:

IST:TOASO' s Days Payable Range Over the Past 10 Years
Min: 34.11   Med: 78.24   Max: 120.16
Current: 39.2

During the past 13 years, Tofas Turk Otomobil Fabrikasi AS's highest Days Payable was 120.16. The lowest was 34.11. And the median was 78.24.

IST:TOASO's Days Payable is ranked worse than
76.51% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 67.05 vs IST:TOASO: 39.20

Tofas Turk Otomobil Fabrikasi AS's Days Payable increased from Mar. 2025 (45.69) to Mar. 2026 (47.58). It may suggest that Tofas Turk Otomobil Fabrikasi AS delayed paying its suppliers.


Tofas Turk Otomobil Fabrikasi AS Days Payable Related Terms


Tofas Turk Otomobil Fabrikasi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Tofas Turk Otomobil Fabrikasi 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.

Tofas Turk Otomobil Fabrikasi AS Days Payable Chart

Tofas Turk Otomobil Fabrikasi 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 120.16 65.42 77.10 58.76 34.11

Tofas Turk Otomobil Fabrikasi 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 45.69 41.61 44.54 30.77 47.58

IST:TOASO vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Tofas Turk Otomobil Fabrikasi 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.


Tofas Turk Otomobil Fabrikasi AS Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tofas Turk Otomobil Fabrikasi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Tofas Turk Otomobil Fabrikasi AS's Days Payable falls into.


IST:TOASO
87GF Score
Tofas Turk Otomobil Fabrikasi AS IST:TOASO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tofas Turk Otomobil Fabrikasi 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.

Tofas Turk Otomobil Fabrikasi 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
=( (14845.615 + 43400.941) / 2 ) / 311617.683*365
=29123.278 / 311617.683*365
=34.11

Tofas Turk Otomobil Fabrikasi 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
=( (43400.941 + 53941.083) / 2 ) / 93345.811*365 / 4
=48671.012 / 93345.811*365 / 4
=47.58

* 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 47.58 mean?
Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) has a Days Payable of 47.58 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 Tofas Turk Otomobil Fabrikasi AS and its competitors. This is 39% below median its historical median of 78.24. Over the past decade, Tofas Turk Otomobil Fabrikasi AS's Days Payable has ranged from 34.11 to 120.16. According to the industry distribution chart, Tofas Turk Otomobil Fabrikasi AS ranks #1003 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 76.5%.
Is Tofas Turk Otomobil Fabrikasi AS's Days Payable too high?
Tofas Turk Otomobil Fabrikasi AS's current Days Payable of 47.58 is 39% below median its 10-year median of 78.24. Over the past 10 years, this metric has ranged from a low of 34.11 to a high of 120.16. The Vehicles & Parts industry median Days Payable is 67.05. Tofas Turk Otomobil Fabrikasi AS's value of 47.58 is 29% below this industry median. Based on the distribution chart, Tofas Turk Otomobil Fabrikasi AS ranks #1003 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tofas Turk Otomobil Fabrikasi AS has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tofas Turk Otomobil Fabrikasi AS's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Tofas Turk Otomobil Fabrikasi AS ranks #1003 out of 1311 companies for Days Payable. This places Tofas Turk Otomobil Fabrikasi AS in the lower half of its industry. The industry median Days Payable is 67.05. Tofas Turk Otomobil Fabrikasi AS's value of 47.58 is 29% below this benchmark. Historically, Tofas Turk Otomobil Fabrikasi AS's own Days Payable has ranged from 34.11 to 120.16 over the past decade. While the company's 10-year median is 78.24 vs. the industry median of 67.05, Tofas Turk Otomobil Fabrikasi AS has consistently been below 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.05, based on 1,311 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. Tofas Turk Otomobil Fabrikasi AS's current Days Payable of 47.58 is 29% below 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 Tofas Turk Otomobil Fabrikasi AS and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tofas Turk Otomobil Fabrikasi AS's current Days Payable is 47.58, which is 39% below median its own 10-year median of 78.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tofas Turk Otomobil Fabrikasi AS stock overvalued right now?
Based on GuruFocus' analysis, Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺546.72, compared to a current price of ₺325.00 — trading 40.6% below its estimated fair value. The current Days Payable is 47.58, which is 39% below median its 10-year median of 78.24 and 29% below the Vehicles & Parts industry median of 67.05. Tofas Turk Otomobil Fabrikasi AS's overall GF Score™ is 87/100 with 8 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 Tofas Turk Otomobil Fabrikasi AS (IST:TOASO), the current Days Payable is 47.58 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 Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) Overvalued in 2026?

Based on GuruFocus' analysis, Tofas Turk Otomobil Fabrikasi AS stock appears to be undervalued. The current stock price of ₺325.00 is trading 40.6% below its estimated GF Value™ of ₺546.72. GuruFocus considers Tofas Turk Otomobil Fabrikasi AS to be Possible Value Trap.

Key valuation signals for IST:TOASO:

  • Days Payable: 47.58 (39% below median its 10-year median of 78.24)
  • GF Value™: ₺546.72 vs. price of ₺325.00 (40.6% below fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 29% below the Vehicles & Parts median (#1003 of 1311)

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


Tofas Turk Otomobil Fabrikasi AS Business Description

Address Buyukdere Cad. No: 145 Tofas Han, Zincirlikuyu, Sisli, Istanbul, TUR, 34394
Tofas Turk Otomobil Fabrikasi AS is engaged in manufacturing, exporting and selling passenger cars and light commercial vehicles, and also produces various automotive spare parts used in its automobiles. The Group's operating groups consist of automobile and spare parts trading and consumer financing. Its brands include FIAT, Alfa Romeo, Jeep, Citroen, DS Automobiles, Opel, and Peugeot. Its services include Eurorepar Car Service, Koc Stellantis Financing, Koc Stellantis Insurance, Magneti Marelli, Opar, SPAR and Spoticar.
87GF Score

Get the complete analysis for IST:TOASO

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

₺325.00
Price
₺546.72
GF Value