Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Days Payable: 203.50 (As of Mar. 2026) — 77% Above Median


IST:VESBE Vestel Beyaz Esa Ticaret Sanayi AS IST:VESBE
64 GF Score
Price ₺6.48
GF Value ₺11.10
Valuation Possible Value Trap
! 9 Warning Signs
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What is Vestel Beyaz Esa Ticaretnayi AS Days Payable?

Vestel Beyaz Esa Ticaretnayi AS IST:VESBE -2.70% 64 Days Payable is 203.50 as of Mar. 2026, which is 77% above its 10-year median of 114.94. GuruFocus rates IST:VESBE with a GF Score™ of 64/100 and a GF Value™ of ₺11.10 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Vestel Beyaz Esa Ticaretnayi AS ranks better than 85.06% on this metric.

Vestel Beyaz Esa Ticaretnayi AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺22,708 Mil. Vestel Beyaz Esa Ticaretnayi AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺10,182 Mil. Hence, Vestel Beyaz Esa Ticaretnayi AS's Days Payable for the three months ended in Mar. 2026 was 203.50.

The historical rank and industry rank for Vestel Beyaz Esa Ticaretnayi AS's Days Payable or its related term are showing as below:

IST:VESBE' s Days Payable Range Over the Past 10 Years
Min: 79.25   Med: 114.94   Max: 138.66
Current: 138.66

During the past 13 years, Vestel Beyaz Esa Ticaretnayi AS's highest Days Payable was 138.66. The lowest was 79.25. And the median was 114.94.

IST:VESBE's Days Payable is ranked better than
85.06% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.14 vs IST:VESBE: 138.66

Vestel Beyaz Esa Ticaretnayi AS's Days Payable increased from Mar. 2025 (99.38) to Mar. 2026 (203.50). It may suggest that Vestel Beyaz Esa Ticaretnayi AS delayed paying its suppliers.


Vestel Beyaz Esa Ticaretnayi AS Days Payable Related Terms


Vestel Beyaz Esa Ticaretnayi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Vestel Beyaz Esa Ticaretnayi 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.

Vestel Beyaz Esa Ticaretnayi AS Days Payable Chart

Vestel Beyaz Esa Ticaretnayi 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 116.87 79.25 104.48 94.46 118.64

Vestel Beyaz Esa Ticaretnayi 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 99.38 115.46 132.18 141.97 203.50

IST:VESBE vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Vestel Beyaz Esa Ticaretnayi 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.


Vestel Beyaz Esa Ticaretnayi AS Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vestel Beyaz Esa Ticaretnayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Vestel Beyaz Esa Ticaretnayi AS's Days Payable falls into.


IST:VESBE
64GF Score
Vestel Beyaz Esa Ticaret Sanayi AS IST:VESBE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vestel Beyaz Esa Ticaretnayi 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.

Vestel Beyaz Esa Ticaretnayi 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
=( (20952.377 + 23945.481) / 2 ) / 69066.581*365
=22448.929 / 69066.581*365
=118.64

Vestel Beyaz Esa Ticaretnayi 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
=( (23945.481 + 21471.304) / 2 ) / 10182.297*365 / 4
=22708.3925 / 10182.297*365 / 4
=203.50

* 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 203.50 mean?
Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) has a Days Payable of 203.50 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 Vestel Beyaz Esa Ticaretnayi AS and its competitors. This is 77% above median its historical median of 114.94. Over the past decade, Vestel Beyaz Esa Ticaretnayi AS's Days Payable has ranged from 79.25 to 138.66. According to the industry distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #62 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 14.9%.
Is Vestel Beyaz Esa Ticaretnayi AS's Days Payable too high?
Vestel Beyaz Esa Ticaretnayi AS's current Days Payable of 203.50 is 77% above median its 10-year median of 114.94. Over the past 10 years, this metric has ranged from a low of 79.25 to a high of 138.66. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.14. Vestel Beyaz Esa Ticaretnayi AS's value of 203.50 is 217.3% above this industry median. Based on the distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #62 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Vestel Beyaz Esa Ticaretnayi AS has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vestel Beyaz Esa Ticaretnayi AS's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #62 out of 415 companies for Days Payable. This places Vestel Beyaz Esa Ticaretnayi AS in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.14. Vestel Beyaz Esa Ticaretnayi AS's value of 203.50 is 217.3% above this benchmark. Historically, Vestel Beyaz Esa Ticaretnayi AS's own Days Payable has ranged from 79.25 to 138.66 over the past decade. While the company's 10-year median is 114.94 vs. the industry median of 64.14, Vestel Beyaz Esa Ticaretnayi 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.14, based on 415 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. Vestel Beyaz Esa Ticaretnayi AS's current Days Payable of 203.50 is 217.3% 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 Vestel Beyaz Esa Ticaretnayi AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestel Beyaz Esa Ticaretnayi AS's current Days Payable is 203.50, which is 77% above median its own 10-year median of 114.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestel Beyaz Esa Ticaretnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) is currently considered Possible Value Trap. The stock's GF Value™ is ₺11.10, compared to a current price of ₺6.48 — trading 41.6% below its estimated fair value. The current Days Payable is 203.50, which is 77% above median its 10-year median of 114.94 and 217.3% above the Furnishings, Fixtures & Appliances industry median of 64.14. Vestel Beyaz Esa Ticaretnayi AS's overall GF Score™ is 64/100 with 9 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE), the current Days Payable is 203.50 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Overvalued in 2026?

Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS stock appears to be undervalued. The current stock price of ₺6.48 is trading 41.6% below its estimated GF Value™ of ₺11.10. GuruFocus considers Vestel Beyaz Esa Ticaretnayi AS to be Possible Value Trap.

Key valuation signals for IST:VESBE:

  • Days Payable: 203.50 (77% above median its 10-year median of 114.94)
  • GF Value™: ₺11.10 vs. price of ₺6.48 (41.6% below fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 217.3% above the Furnishings, Fixtures & Appliances median (#62 of 415)

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


Vestel Beyaz Esa Ticaretnayi AS Business Description

Address Buyukdere Cad. No: 199, Levent 199, Sisli, Istanbul, TUR, 34394
Vestel Beyaz Esa Ticaret Sanayi AS produces refrigerators, room air conditioning units, washing machines, cookers, dishwashers and water heaters. The company operates in single segment and its geographical operations are spread across Turkey, Europe and Other countries with the majority of the revenue generating from Europe.
64GF Score

Get the complete analysis for IST:VESBE

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

₺6.48
Price
₺11.10
GF Value