VBT Yazilim AS (IST:VBTYZ) Days Payable: 87.17 (As of Mar. 2026) — 10% Below Median


IST:VBTYZ VBT Yazilim AS IST:VBTYZ
83 GF Score
Price ₺28.00
GF Value ₺23.31
Valuation Modestly Overvalued
! 6 Warning Signs
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What is VBT Yazilim AS Days Payable?

VBT Yazilim AS IST:VBTYZ -2.10% 83 Days Payable is 87.17 as of Mar. 2026, which is 10% below its 10-year median of 97.02. GuruFocus rates IST:VBTYZ with a GF Score™ of 83/100 and a GF Value™ of ₺23.31 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,602 Software companies, VBT Yazilim AS ranks better than 61.72% on this metric.

VBT Yazilim AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺541 Mil. VBT Yazilim AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺566 Mil. Hence, VBT Yazilim AS's Days Payable for the three months ended in Mar. 2026 was 87.17.

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

IST:VBTYZ' s Days Payable Range Over the Past 10 Years
Min: 8.33   Med: 97.02   Max: 198.81
Current: 78.16

During the past 8 years, VBT Yazilim AS's highest Days Payable was 198.81. The lowest was 8.33. And the median was 97.02.

IST:VBTYZ's Days Payable is ranked better than
61.72% of 2602 companies
in the Software industry
Industry Median: 53.825 vs IST:VBTYZ: 78.16

VBT Yazilim AS's Days Payable increased from Mar. 2025 (20.34) to Mar. 2026 (87.17). It may suggest that VBT Yazilim AS delayed paying its suppliers.


VBT Yazilim AS Days Payable Historical Data

* Premium members only.

The historical data trend for VBT Yazilim 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.

VBT Yazilim AS Days Payable Chart

VBT Yazilim AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 198.81 61.14 19.06 8.33 68.54

VBT Yazilim 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 20.34 127.31 109.16 53.97 87.17

IST:VBTYZ vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, VBT Yazilim 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.


VBT Yazilim AS Days Payable vs Software Industry

For the Software industry and Technology sector, VBT Yazilim AS's Days Payable distribution charts can be found below:

* The bar in red indicates where VBT Yazilim AS's Days Payable falls into.


IST:VBTYZ
83GF Score
VBT Yazilim AS IST:VBTYZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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VBT Yazilim 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.

VBT Yazilim 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
=( (26.475 + 601.582) / 2 ) / 1672.261*365
=314.0285 / 1672.261*365
=68.54

VBT Yazilim 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
=( (601.582 + 480.117) / 2 ) / 566.193*365 / 4
=540.8495 / 566.193*365 / 4
=87.17

* 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 87.17 mean?
VBT Yazilim AS (IST:VBTYZ) has a Days Payable of 87.17 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 VBT Yazilim AS and its competitors. This is 10% below median its historical median of 97.02. Over the past decade, VBT Yazilim AS's Days Payable has ranged from 8.33 to 198.81. According to the industry distribution chart, VBT Yazilim AS ranks #996 out of 2602 companies in the Software industry, placing it in the top 38.3%.
Is VBT Yazilim AS's Days Payable too high?
VBT Yazilim AS's current Days Payable of 87.17 is 10% below median its 10-year median of 97.02. Over the past 10 years, this metric has ranged from a low of 8.33 to a high of 198.81. The Software industry median Days Payable is 53.83. VBT Yazilim AS's value of 87.17 is 62% above this industry median. Based on the distribution chart, VBT Yazilim AS ranks #996 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, VBT Yazilim AS has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VBT Yazilim AS's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, VBT Yazilim AS ranks #996 out of 2602 companies for Days Payable. This puts VBT Yazilim AS in the upper half of its industry. The industry median Days Payable is 53.83. VBT Yazilim AS's value of 87.17 is 62% above this benchmark. Historically, VBT Yazilim AS's own Days Payable has ranged from 8.33 to 198.81 over the past decade. While the company's 10-year median is 97.02 vs. the industry median of 53.83, VBT Yazilim AS has consistently been above 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 Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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. VBT Yazilim AS's current Days Payable of 87.17 is 62% 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 VBT Yazilim AS and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VBT Yazilim AS's current Days Payable is 87.17, which is 10% below median its own 10-year median of 97.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBT Yazilim AS stock overvalued right now?
Based on GuruFocus' analysis, VBT Yazilim AS (IST:VBTYZ) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺23.31, compared to a current price of ₺28.00 — trading 20.1% above its estimated fair value. The current Days Payable is 87.17, which is 10% below median its 10-year median of 97.02 and 62% above the Software industry median of 53.83. VBT Yazilim AS's overall GF Score™ is 83/100 with 6 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 VBT Yazilim AS (IST:VBTYZ), the current Days Payable is 87.17 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 VBT Yazilim AS (IST:VBTYZ) Overvalued in 2026?

Based on GuruFocus' analysis, VBT Yazilim AS stock appears to be overvalued. The current stock price of ₺28.00 is trading 20.1% above its estimated GF Value™ of ₺23.31. GuruFocus considers VBT Yazilim AS to be Modestly Overvalued.

Key valuation signals for IST:VBTYZ:

  • Days Payable: 87.17 (10% below median its 10-year median of 97.02)
  • GF Value™: ₺23.31 vs. price of ₺28.00 (20.1% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 62% above the Software median (#996 of 2602)

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


VBT Yazilim AS Business Description

Address Icerenkoy Mh. Umut Sk. No:10-12, AND Plaza, K:13 D:57-60, Atasehir, Istanbul, TUR, 34752
VBT Yazilim AS is an information technology company. Its products include E-Transformation Applications, Energy and Utility Applications, Public Applications, Commercial Applications, Application Modernization, BMC Software, IBM, MICRO FOCUS, Jennifer. Its services include Outsource, Training, Consultancy Services, and Modernization.
83GF Score

Get the complete analysis for IST:VBTYZ

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

₺28.00
Price
₺23.31
GF Value