TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) Days Payable: 32.78 (As of Mar. 2026) — 24% Above Median

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IST:TRENJ TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS IST:TRENJ
71 GF Score
Price ₺91.80
GF Value ₺83.75
Valuation Fairly Valued
! 3 Warning Signs
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What is TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Days Payable?

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS IST:TRENJ -2.13% 71 Days Payable is 32.78 as of Mar. 2026, which is 24% above its 10-year median of 26.35. GuruFocus rates IST:TRENJ with a GF Score™ of 71/100 and a GF Value™ of ₺83.75 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,065 Metals & Mining companies, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS ranks worse than 84.79% on this metric.

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺1,458 Mil. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺4,059 Mil. Hence, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Days Payable for the three months ended in Mar. 2026 was 32.78.

The historical rank and industry rank for TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Days Payable or its related term are showing as below:

IST:TRENJ' s Days Payable Range Over the Past 10 Years
Min: 11.78   Med: 26.35   Max: 43.87
Current: 32.03

During the past 13 years, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's highest Days Payable was 43.87. The lowest was 11.78. And the median was 26.35.

IST:TRENJ's Days Payable is ranked worse than
84.79% of 1065 companies
in the Metals & Mining industry
Industry Median: 127.26 vs IST:TRENJ: 32.03

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Days Payable increased from Mar. 2025 (6.89) to Mar. 2026 (32.78). It may suggest that TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS delayed paying its suppliers.


TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Days Payable Related Terms


TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Days Payable Historical Data

* Premium members only.

The historical data trend for TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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.

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Days Payable Chart

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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 36.20 17.45 18.10 16.87 11.78

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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 6.89 29.85 22.68 24.54 32.78

IST:TRENJ vs NEM, AU, RGLD: Days Payable Comparison

For the Gold subindustry, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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.


TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Days Payable distribution charts can be found below:

* The bar in red indicates where TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Days Payable falls into.


IST:TRENJ
71GF Score
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS IST:TRENJ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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.

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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
=( (294.202 + 379.402) / 2 ) / 10433.824*365
=336.802 / 10433.824*365
=11.78

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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
=( (379.402 + 2536.279) / 2 ) / 4058.755*365 / 4
=1457.8405 / 4058.755*365 / 4
=32.78

* 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 32.78 mean?
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) has a Days Payable of 32.78 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS and its competitors. This is 24% above median its historical median of 26.35. Over the past decade, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Days Payable has ranged from 11.78 to 43.87. According to the industry distribution chart, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS ranks #903 out of 1065 companies in the Metals & Mining industry, placing it in the top 84.8%.
Is TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Days Payable too high?
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's current Days Payable of 32.78 is 24% above median its 10-year median of 26.35. Over the past 10 years, this metric has ranged from a low of 11.78 to a high of 43.87. The Metals & Mining industry median Days Payable is 127.26. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's value of 32.78 is 74.2% below this industry median. Based on the distribution chart, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS ranks #903 out of 1065 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Days Payable compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS ranks #903 out of 1065 companies for Days Payable. This places TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS in the lower half of its industry. The industry median Days Payable is 127.26. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's value of 32.78 is 74.2% below this benchmark. Historically, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's own Days Payable has ranged from 11.78 to 43.87 over the past decade. While the company's 10-year median is 26.35 vs. the industry median of 127.26, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,065 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. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's current Days Payable of 32.78 is 74.2% 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's current Days Payable is 32.78, which is 24% above median its own 10-year median of 26.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) is currently considered Fairly Valued. The stock's GF Value™ is ₺83.75, compared to a current price of ₺91.80 — trading 9.6% above its estimated fair value. The current Days Payable is 32.78, which is 24% above median its 10-year median of 26.35 and 74.2% below the Metals & Mining industry median of 127.26. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's overall GF Score™ is 71/100 with 3 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ), the current Days Payable is 32.78 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) Overvalued in 2026?

Based on GuruFocus' analysis, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS stock appears to be overvalued. The current stock price of ₺91.80 is trading 9.6% above its estimated GF Value™ of ₺83.75. GuruFocus considers TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS to be Fairly Valued.

Key valuation signals for IST:TRENJ:

  • Days Payable: 32.78 (24% above median its 10-year median of 26.35)
  • GF Value™: ₺83.75 vs. price of ₺91.80 (9.6% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 74.2% below the Metals & Mining median (#903 of 1065)

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


TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Business Description

Address Necatibey Cad. No :56/B, Demirtepe, Ankara, TUR
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS, formerly Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS is engaged in the gold mining. It operates seven mines in five regions. The company generates the majority of its revenue from the sale of gold bullion, followed by other revenue and the sale of silver bullion.
71GF Score

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

₺91.80
Price
₺83.75
GF Value