Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Days Payable: 27.34 (As of Dec. 2017)


What is Yonga Mobilyanayi ve Ticaret AS Days Payable?

Yonga Mobilyanayi ve Ticaret AS IST:YONGA -2.92% Days Payable is 27.34 as of Dec. 2017.

Yonga Mobilyanayi ve Ticaret AS's average Accounts Payable for the six months ended in Dec. 2017 was ₺3.98 Mil. Yonga Mobilyanayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2017 was ₺26.54 Mil. Hence, Yonga Mobilyanayi ve Ticaret AS's Days Payable for the six months ended in Dec. 2017 was 27.34.

The historical rank and industry rank for Yonga Mobilyanayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:YONGA's Days Payable is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 64.14
* Ranked among companies with meaningful Days Payable only.

Yonga Mobilyanayi ve Ticaret AS's Days Payable declined from Dec. 2016 (27.54) to Dec. 2017 (27.34). It may suggest that Yonga Mobilyanayi ve Ticaret AS accelerated paying its suppliers.


Yonga Mobilyanayi ve Ticaret AS Days Payable Related Terms


Yonga Mobilyanayi ve Ticaret AS Days Payable Historical Data

* Premium members only.

The historical data trend for Yonga Mobilyanayi 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.

Yonga Mobilyanayi ve Ticaret AS Days Payable Chart

Yonga Mobilyanayi ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec16 Dec17
Days Payable
41.49 33.28 22.98 26.05

Yonga Mobilyanayi ve Ticaret AS Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Jun16 Dec16 Jun17 Dec17
Days Payable Get a 7-Day Free Trial 30.72 19.37 27.54 30.91 27.34

IST:YONGA vs RGBD, SNTW, BIIO: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Yonga Mobilyanayi 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.


Yonga Mobilyanayi ve Ticaret AS Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Yonga Mobilyanayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Yonga Mobilyanayi ve Ticaret AS's Days Payable falls into.



Yonga Mobilyanayi 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.

Yonga Mobilyanayi ve Ticaret AS's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (3.367 + 3.652) / 2 ) / 49.175*365
=3.5095 / 49.175*365
=26.05

Yonga Mobilyanayi ve Ticaret AS's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

Days Payable (Q: Dec. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2017 ) + Accounts Payable (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (4.299 + 3.652) / 2 ) / 26.542*365 / 2
=3.9755 / 26.542*365 / 2
=27.34

* 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 27.34 mean?
Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) has a Days Payable of 27.34 as of Dec. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Yonga Mobilyanayi ve Ticaret AS and its competitors.
Is Yonga Mobilyanayi ve Ticaret AS's Days Payable too high?
Yonga Mobilyanayi ve Ticaret AS's current Days Payable is 27.34. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.14. Yonga Mobilyanayi ve Ticaret AS's value of 27.34 is 57.4% below this industry median.
How does Yonga Mobilyanayi ve Ticaret AS's Days Payable compare to RGBD and SNTW?
Yonga Mobilyanayi ve Ticaret AS's Days Payable of 27.34 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Days Payable is 64.14. Yonga Mobilyanayi ve Ticaret AS's value of 27.34 is 57.4% below 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 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. Yonga Mobilyanayi ve Ticaret AS's current Days Payable of 27.34 is 57.4% 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 Yonga Mobilyanayi ve Ticaret 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. Yonga Mobilyanayi ve Ticaret AS's current Days Payable is 27.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yonga Mobilyanayi ve Ticaret AS stock overvalued right now?
Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) has a current Days Payable of 27.34. The current Days Payable is 27.34 and 57.4% below the Furnishings, Fixtures & Appliances industry median of 64.14. 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 Yonga Mobilyanayi ve Ticaret AS (IST:YONGA), the current Days Payable is 27.34 as of Dec. 2017. 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.

Yonga Mobilyanayi ve Ticaret AS Business Description

Address Kale Mah. Ataturk Bul. No. 196, Pamukkale, Denizli, TUR, 20180
Yonga Mobilya Sanayi ve Ticaret AS is engaged in the manufacturing furniture in Turkey.