Turk Ilac ve Serumnayi (IST:TRILC) Days Payable : 42.70 (As of Sep. 2023)

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What is Turk Ilac ve Serumnayi Days Payable?

Turk Ilac ve Serumnayi's average Accounts Payable for the three months ended in Sep. 2023 was ₺172 Mil. Turk Ilac ve Serumnayi's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺367 Mil. Hence, Turk Ilac ve Serumnayi's Days Payable for the three months ended in Sep. 2023 was 42.70.

The historical rank and industry rank for Turk Ilac ve Serumnayi's Days Payable or its related term are showing as below:

IST:TRILC' s Days Payable Range Over the Past 10 Years
Min: 34.1 Med: 237.88 Max: 275.73
Current: 55.55

During the past 6 years, Turk Ilac ve Serumnayi's highest Days Payable was 275.73. The lowest was 34.10. And the median was 237.88.

IST:TRILC's Days Payable is ranked worse than
69.64% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.68 vs IST:TRILC: 55.55

Turk Ilac ve Serumnayi's Days Payable increased from Sep. 2022 (41.90) to Sep. 2023 (42.70). It may suggest that Turk Ilac ve Serumnayi delayed paying its suppliers.

Turk Ilac ve Serumnayi Days Payable Historical Data

The historical data trend for Turk Ilac ve Serumnayi'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.

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Turk Ilac ve Serumnayi Days Payable Chart

Turk Ilac ve Serumnayi Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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252.24

256.89

275.73

39.87

34.10

Turk Ilac ve Serumnayi Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial														41.90	54.29	50.72	84.27	42.70

Competitive Comparison of Turk Ilac ve Serumnayi's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Turk Ilac ve Serumnayi'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.

Turk Ilac ve Serumnayi's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Turk Ilac ve Serumnayi's Days Payable distribution charts can be found below:

* The bar in red indicates where Turk Ilac ve Serumnayi's Days Payable falls into.

Turk Ilac ve Serumnayi 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.

Turk Ilac ve Serumnayi's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (38.578	+	78.25)	/	2 )	/	625.338	*	365
=	58.414					/	625.338	*	365
=	34.10

Turk Ilac ve Serumnayi's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (96.599	+	246.797)	/	2 )	/	366.896	*	365 / 4
=	171.698					/	366.896	*	365 / 4
=	42.70

Turk Ilac ve Serumnayi Days Payable Related Terms

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Turk Ilac ve Serumnayi (IST:TRILC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Turk Ilac ve Serum Sanayi (IST:TRILC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bügduz Mah. Enver Pasa Cad., No: 8 Akyurt, Ankara, TUR, TR 06750

Website

http://www.turkilac.com.tr

Turk Ilac ve Serum Sanayi is engaged in the production of human pharmaceuticals and vaccines.

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