Zeray Gayrimenkul Yatirim Ortakligi AS (IST:ZERGY) Days Payable: 0.27 (As of Dec. 2024) — Near Median

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What is Zeray Gayrimenkul Yatirim Ortakligi AS Days Payable?

Zeray Gayrimenkul Yatirim Ortakligi AS IST:ZERGY -3.33% Days Payable is 0.27 as of Dec. 2024, which is at its 10-year median of 0.27. The stock has 3 warning signs investors should review. Among 548 REITs companies, Zeray Gayrimenkul Yatirim Ortakligi AS ranks worse than 100% on this metric.

Zeray Gayrimenkul Yatirim Ortakligi AS's average Accounts Payable for the six months ended in Dec. 2024 was ₺2 Mil. Zeray Gayrimenkul Yatirim Ortakligi AS's Cost of Goods Sold for the six months ended in Dec. 2024 was ₺2,372 Mil. Hence, Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable for the six months ended in Dec. 2024 was 0.13.

The historical rank and industry rank for Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable or its related term are showing as below:

IST:ZERGY' s Days Payable Range Over the Past 10 Years
Min: 0.27   Med: 0.27   Max: 0.27
Current: 0.27

During the past 2 years, Zeray Gayrimenkul Yatirim Ortakligi AS's highest Days Payable was 0.27. The lowest was 0.27. And the median was 0.27.

IST:ZERGY's Days Payable is ranked worse than
100% of 548 companies
in the REITs industry
Industry Median: 119.435 vs IST:ZERGY: 0.27

Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable increased from . 20 (0.00) to Dec. 2024 (0.27). It may suggest that Zeray Gayrimenkul Yatirim Ortakligi AS delayed paying its suppliers.

Zeray Gayrimenkul Yatirim Ortakligi AS Days Payable Related Terms

Zeray Gayrimenkul Yatirim Ortakligi AS Days Payable Historical Data

* Premium members only.

The historical data trend for Zeray Gayrimenkul Yatirim Ortakligi 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.

Zeray Gayrimenkul Yatirim Ortakligi AS Days Payable Chart

Zeray Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec23 Dec24
Days Payable
0.00 0.27

Zeray Gayrimenkul Yatirim Ortakligi AS Semi-Annual Data
Dec23 Dec24
Days Payable 0.00 0.27

IST:ZERGY vs AVB, EQR, ESS: Days Payable Comparison

For the REIT - Residential subindustry, Zeray Gayrimenkul Yatirim Ortakligi 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.

Zeray Gayrimenkul Yatirim Ortakligi AS Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable falls into.


Zeray Gayrimenkul Yatirim Ortakligi 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.

Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.636 + 2.867) / 2 ) / 2371.579*365
=1.7515 / 2371.579*365
=0.27

Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.636 + 2.867) / 2 ) / 2371.579*365 / 2
=1.7515 / 2371.579*365 / 2
=0.13

* 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 0.27 mean?
Zeray Gayrimenkul Yatirim Ortakligi AS (IST:ZERGY) has a Days Payable of 0.27 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zeray Gayrimenkul Yatirim Ortakligi AS and its competitors. This is near median its historical median of 0.27. Over the past decade, Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable has ranged from 0.27 to 0.27. According to the industry distribution chart, Zeray Gayrimenkul Yatirim Ortakligi AS ranks #548 out of 548 companies in the REITs industry.
Is Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable too high?
Zeray Gayrimenkul Yatirim Ortakligi AS's current Days Payable of 0.27 is near median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.27. The REITs industry median Days Payable is 119.44. Zeray Gayrimenkul Yatirim Ortakligi AS's value of 0.27 is 99.8% below this industry median. Based on the distribution chart, Zeray Gayrimenkul Yatirim Ortakligi AS ranks #548 out of 548 companies in the REITs industry, which is in the bottom quartile relative to peers.
How does Zeray Gayrimenkul Yatirim Ortakligi AS's Days Payable compare to AVB and EQR?
According to the REITs industry distribution chart, Zeray Gayrimenkul Yatirim Ortakligi AS ranks #548 out of 548 companies for Days Payable. This places Zeray Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Days Payable is 119.44. Zeray Gayrimenkul Yatirim Ortakligi AS's value of 0.27 is 99.8% below this benchmark. Historically, Zeray Gayrimenkul Yatirim Ortakligi AS's own Days Payable has ranged from 0.27 to 0.27 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 119.44, Zeray Gayrimenkul Yatirim Ortakligi 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 REITs company?
The median Days Payable among REITs companies is 119.44, based on 548 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. Zeray Gayrimenkul Yatirim Ortakligi AS's current Days Payable of 0.27 is 99.8% 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 Zeray Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Days Payable is 119.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeray Gayrimenkul Yatirim Ortakligi AS's current Days Payable is 0.27, which is near median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeray Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Zeray Gayrimenkul Yatirim Ortakligi AS (IST:ZERGY) has a current Days Payable of 0.27. The current Days Payable is 0.27, which is near median its 10-year median of 0.27 and 99.8% below the REITs industry median of 119.44. 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 Zeray Gayrimenkul Yatirim Ortakligi AS (IST:ZERGY), the current Days Payable is 0.27 as of Dec. 2024. 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.

Zeray Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Kocaeli, Kocaeli, TUR
Zeray Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust.