Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD) Days Payable: 36.31 (As of Mar. 2026) — 28% Below Median


IST:VSNMD Visne Madencilik Uretim Sanayi Ve Ticaret AS IST:VSNMD
18 GF Score
Price ₺89.70
! 4 Warning Signs
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What is Visne Madencilik Uretimnayi Ve Ticaret AS Days Payable?

Visne Madencilik Uretimnayi Ve Ticaret AS IST:VSNMD -1.81% 18 Days Payable is 36.31 as of Mar. 2026, which is 28% below its 10-year median of 50.25. GuruFocus rates IST:VSNMD with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 395 Building Materials companies, Visne Madencilik Uretimnayi Ve Ticaret AS ranks worse than 83.54% on this metric.

Visne Madencilik Uretimnayi Ve Ticaret AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺123 Mil. Visne Madencilik Uretimnayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺310 Mil. Hence, Visne Madencilik Uretimnayi Ve Ticaret AS's Days Payable for the three months ended in Mar. 2026 was 36.31.

The historical rank and industry rank for Visne Madencilik Uretimnayi Ve Ticaret AS's Days Payable or its related term are showing as below:

IST:VSNMD' s Days Payable Range Over the Past 10 Years
Min: 32.38   Med: 50.25   Max: 113.45
Current: 32.38

During the past 5 years, Visne Madencilik Uretimnayi Ve Ticaret AS's highest Days Payable was 113.45. The lowest was 32.38. And the median was 50.25.

IST:VSNMD's Days Payable is ranked worse than
83.54% of 395 companies
in the Building Materials industry
Industry Median: 69.75 vs IST:VSNMD: 32.38

Visne Madencilik Uretimnayi Ve Ticaret AS's Days Payable increased from Mar. 2025 (33.96) to Mar. 2026 (36.31). It may suggest that Visne Madencilik Uretimnayi Ve Ticaret AS delayed paying its suppliers.


Visne Madencilik Uretimnayi Ve Ticaret AS Days Payable Related Terms


Visne Madencilik Uretimnayi Ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Visne Madencilik Uretimnayi Ve Ticaret 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.

Visne Madencilik Uretimnayi Ve Ticaret AS Days Payable Chart

Visne Madencilik Uretimnayi Ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
113.45 68.86 50.25 37.73 40.13

Visne Madencilik Uretimnayi Ve Ticaret AS Quarterly Data
Dec21 Dec22 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 33.96 29.03 29.74 31.89 36.31

IST:VSNMD vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Visne Madencilik Uretimnayi Ve Ticaret 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.


Visne Madencilik Uretimnayi Ve Ticaret AS Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Visne Madencilik Uretimnayi Ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Visne Madencilik Uretimnayi Ve Ticaret AS's Days Payable falls into.


IST:VSNMD
18GF Score
Visne Madencilik Uretim Sanayi Ve Ticaret AS IST:VSNMD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Visne Madencilik Uretimnayi Ve Ticaret 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.

Visne Madencilik Uretimnayi Ve Ticaret 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
=( (137.082 + 117.313) / 2 ) / 1157.022*365
=127.1975 / 1157.022*365
=40.13

Visne Madencilik Uretimnayi Ve Ticaret 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
=( (117.313 + 129.596) / 2 ) / 310.274*365 / 4
=123.4545 / 310.274*365 / 4
=36.31

* 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 36.31 mean?
Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD) has a Days Payable of 36.31 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 Visne Madencilik Uretimnayi Ve Ticaret AS and its competitors. This is 28% below median its historical median of 50.25. Over the past decade, Visne Madencilik Uretimnayi Ve Ticaret AS's Days Payable has ranged from 32.38 to 113.45. According to the industry distribution chart, Visne Madencilik Uretimnayi Ve Ticaret AS ranks #330 out of 395 companies in the Building Materials industry, placing it in the top 83.5%.
Is Visne Madencilik Uretimnayi Ve Ticaret AS's Days Payable too high?
Visne Madencilik Uretimnayi Ve Ticaret AS's current Days Payable of 36.31 is 28% below median its 10-year median of 50.25. Over the past 10 years, this metric has ranged from a low of 32.38 to a high of 113.45. The Building Materials industry median Days Payable is 69.75. Visne Madencilik Uretimnayi Ve Ticaret AS's value of 36.31 is 47.9% below this industry median. Based on the distribution chart, Visne Madencilik Uretimnayi Ve Ticaret AS ranks #330 out of 395 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Visne Madencilik Uretimnayi Ve Ticaret AS has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Visne Madencilik Uretimnayi Ve Ticaret AS's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Visne Madencilik Uretimnayi Ve Ticaret AS ranks #330 out of 395 companies for Days Payable. This places Visne Madencilik Uretimnayi Ve Ticaret AS in the lower half of its industry. The industry median Days Payable is 69.75. Visne Madencilik Uretimnayi Ve Ticaret AS's value of 36.31 is 47.9% below this benchmark. Historically, Visne Madencilik Uretimnayi Ve Ticaret AS's own Days Payable has ranged from 32.38 to 113.45 over the past decade. While the company's 10-year median is 50.25 vs. the industry median of 69.75, Visne Madencilik Uretimnayi Ve Ticaret 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.75, based on 395 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. Visne Madencilik Uretimnayi Ve Ticaret AS's current Days Payable of 36.31 is 47.9% 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 Visne Madencilik Uretimnayi Ve Ticaret AS and its competitors. For the Building Materials industry, the median Days Payable is 69.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visne Madencilik Uretimnayi Ve Ticaret AS's current Days Payable is 36.31, which is 28% below median its own 10-year median of 50.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visne Madencilik Uretimnayi Ve Ticaret AS stock overvalued right now?
Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD) has a current Days Payable of 36.31. The current Days Payable is 36.31, which is 28% below median its 10-year median of 50.25 and 47.9% below the Building Materials industry median of 69.75. Visne Madencilik Uretimnayi Ve Ticaret AS's overall GF Score™ is 18/100 with 4 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 Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD), the current Days Payable is 36.31 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.

Visne Madencilik Uretimnayi Ve Ticaret AS Business Description

Address Kultur Mahallesi, Sehit Nevres Bulvar No: 3/7, Konak, Izmir, TUR, 35220
Visne Madencilik Uretim Sanayi Ve Ticaret AS is engaged in the production of limestone, gravel, oven stone, lump lime, slaked lime, and substances and materials containing lime or mixed with lime, and soil industry products. The company is also engaged in the establishment, renting, leasing, and operation of all kinds of mining and lime production facilities.
18GF Score

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