Umpas Holding AS (IST:UMPAS) Days Payable: 110.39 (As of Dec. 2018)


What is Umpas Holding AS Days Payable?

Umpas Holding AS IST:UMPAS Days Payable is 110.39 as of Dec. 2018.

Umpas Holding AS's average Accounts Payable for the six months ended in Dec. 2018 was ₺49.6 Mil. Umpas Holding AS's Cost of Goods Sold for the six months ended in Dec. 2018 was ₺82.1 Mil. Hence, Umpas Holding AS's Days Payable for the six months ended in Dec. 2018 was 110.39.

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

IST:UMPAS's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 72.22
* Ranked among companies with meaningful Days Payable only.

Umpas Holding AS's Days Payable increased from Dec. 2017 (100.32) to Dec. 2018 (110.39). It may suggest that Umpas Holding AS delayed paying its suppliers.

Umpas Holding AS Days Payable Historical Data

* Premium members only.

The historical data trend for Umpas 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.

Umpas Holding AS Days Payable Chart

Umpas Holding AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial 69.73 68.82 108.79 144.02 127.52

Umpas Holding AS Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 98.23 107.54 100.32 143.93 110.39

IST:UMPAS vs LDHL: Days Payable Comparison

For the Asset Management subindustry, Umpas 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.

Umpas Holding AS Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Umpas Holding AS's Days Payable distribution charts can be found below:

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


Umpas 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.

Umpas Holding AS's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (43.858 + 53.281) / 2 ) / 139.024*365
=48.5695 / 139.024*365
=127.52

Umpas Holding AS's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (45.993 + 53.281) / 2 ) / 82.059*365 / 2
=49.637 / 82.059*365 / 2
=110.39

* 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 110.39 mean?
Umpas Holding AS (IST:UMPAS) has a Days Payable of 110.39 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Umpas Holding AS and its competitors.
Is Umpas Holding AS's Days Payable too high?
Umpas Holding AS's current Days Payable is 110.39. The Asset Management industry median Days Payable is 72.22. Umpas Holding AS's value of 110.39 is 52.9% above this industry median.
How does Umpas Holding AS's Days Payable compare to LDHL?
Umpas Holding AS's Days Payable of 110.39 can be compared against companies in the Asset Management industry. The industry median Days Payable is 72.22. Umpas Holding AS's value of 110.39 is 52.9% above this benchmark. 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 Asset Management company?
The median Days Payable among Asset Management companies is 72.22, based on 483 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. Umpas Holding AS's current Days Payable of 110.39 is 52.9% 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 Umpas Holding AS and its competitors. For the Asset Management industry, the median Days Payable is 72.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Umpas Holding AS's current Days Payable is 110.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Umpas Holding AS stock overvalued right now?
Umpas Holding AS (IST:UMPAS) has a current Days Payable of 110.39. The current Days Payable is 110.39 and 52.9% above the Asset Management industry median of 72.22. 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 Umpas Holding AS (IST:UMPAS), the current Days Payable is 110.39 as of Dec. 2018. 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.

Umpas Holding AS Business Description

Address Kome Mahallesi Taslak Sokak Number 9, Usak, TUR
Umpas Holding AS is an investment company. The company through its subsidaries operates in different sectors such as food, machinery, ceramics, construction, retail and shopping centers.