Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Days Payable: 101.60 (As of Mar. 2026) — 30% Above Median


IST:ZOREN Zorlu Enerji Elektrik Uretim AS IST:ZOREN
61 GF Score
Price ₺2.76
GF Value ₺3.23
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Zorlu Enerji Elektrik Uretim AS Days Payable?

Zorlu Enerji Elektrik Uretim AS IST:ZOREN -8.61% 61 Days Payable is 101.60 as of Mar. 2026, which is 30% above its 10-year median of 78.28. GuruFocus rates IST:ZOREN with a GF Score™ of 61/100 and a GF Value™ of ₺3.23 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Zorlu Enerji Elektrik Uretim AS ranks worse than 51.28% on this metric.

Zorlu Enerji Elektrik Uretim AS's average Accounts Payable for the three months ended in Mar. 2026 was ₺6,288 Mil. Zorlu Enerji Elektrik Uretim AS's Cost of Goods Sold for the three months ended in Mar. 2026 was ₺5,647 Mil. Hence, Zorlu Enerji Elektrik Uretim AS's Days Payable for the three months ended in Mar. 2026 was 101.60.

The historical rank and industry rank for Zorlu Enerji Elektrik Uretim AS's Days Payable or its related term are showing as below:

IST:ZOREN' s Days Payable Range Over the Past 10 Years
Min: 64.3   Med: 78.28   Max: 154.39
Current: 77.77

During the past 13 years, Zorlu Enerji Elektrik Uretim AS's highest Days Payable was 154.39. The lowest was 64.30. And the median was 78.28.

IST:ZOREN's Days Payable is ranked worse than
51.28% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs IST:ZOREN: 77.77

Zorlu Enerji Elektrik Uretim AS's Days Payable increased from Mar. 2025 (74.86) to Mar. 2026 (101.60). It may suggest that Zorlu Enerji Elektrik Uretim AS delayed paying its suppliers.


Zorlu Enerji Elektrik Uretim AS Days Payable Related Terms


Zorlu Enerji Elektrik Uretim AS Days Payable Historical Data

* Premium members only.

The historical data trend for Zorlu Enerji Elektrik Uretim 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.

Zorlu Enerji Elektrik Uretim AS Days Payable Chart

Zorlu Enerji Elektrik Uretim 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 74.79 64.30 81.10 65.81 74.02

Zorlu Enerji Elektrik Uretim 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 74.86 113.88 98.15 46.03 101.60

Zorlu Enerji Elektrik Uretim AS Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Zorlu Enerji Elektrik Uretim 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.


Zorlu Enerji Elektrik Uretim AS Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zorlu Enerji Elektrik Uretim AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Zorlu Enerji Elektrik Uretim AS's Days Payable falls into.


IST:ZOREN
61GF Score
Zorlu Enerji Elektrik Uretim AS IST:ZOREN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zorlu Enerji Elektrik Uretim 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.

Zorlu Enerji Elektrik Uretim 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
=( (6645.466 + 6796.515) / 2 ) / 33141.29*365
=6720.9905 / 33141.29*365
=74.02

Zorlu Enerji Elektrik Uretim 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
=( (6796.515 + 5778.831) / 2 ) / 5647.112*365 / 4
=6287.673 / 5647.112*365 / 4
=101.60

* 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 101.60 mean?
Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) has a Days Payable of 101.60 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 Zorlu Enerji Elektrik Uretim AS and its competitors. This is 30% above median its historical median of 78.28. Over the past decade, Zorlu Enerji Elektrik Uretim AS's Days Payable has ranged from 64.30 to 154.39. According to the industry distribution chart, Zorlu Enerji Elektrik Uretim AS ranks #200 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 51.3%.
Is Zorlu Enerji Elektrik Uretim AS's Days Payable too high?
Zorlu Enerji Elektrik Uretim AS's current Days Payable of 101.60 is 30% above median its 10-year median of 78.28. Over the past 10 years, this metric has ranged from a low of 64.30 to a high of 154.39. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Zorlu Enerji Elektrik Uretim AS's value of 101.60 is 27.2% above this industry median. Based on the distribution chart, Zorlu Enerji Elektrik Uretim AS ranks #200 out of 390 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Zorlu Enerji Elektrik Uretim AS has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zorlu Enerji Elektrik Uretim AS's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zorlu Enerji Elektrik Uretim AS ranks #200 out of 390 companies for Days Payable. This places Zorlu Enerji Elektrik Uretim AS in the lower half of its industry. The industry median Days Payable is 79.90. Zorlu Enerji Elektrik Uretim AS's value of 101.60 is 27.2% above this benchmark. Historically, Zorlu Enerji Elektrik Uretim AS's own Days Payable has ranged from 64.30 to 154.39 over the past decade. While the company's 10-year median is 78.28 vs. the industry median of 79.90, Zorlu Enerji Elektrik Uretim 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Zorlu Enerji Elektrik Uretim AS's current Days Payable of 101.60 is 27.2% 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 Zorlu Enerji Elektrik Uretim AS and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zorlu Enerji Elektrik Uretim AS's current Days Payable is 101.60, which is 30% above median its own 10-year median of 78.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zorlu Enerji Elektrik Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺3.23, compared to a current price of ₺2.76 — trading 14.6% below its estimated fair value. The current Days Payable is 101.60, which is 30% above median its 10-year median of 78.28 and 27.2% above the Utilities - Independent Power Producers industry median of 79.90. Zorlu Enerji Elektrik Uretim AS's overall GF Score™ is 61/100 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 Zorlu Enerji Elektrik Uretim AS (IST:ZOREN), the current Days Payable is 101.60 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 Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Overvalued in 2026?

Based on GuruFocus' analysis, Zorlu Enerji Elektrik Uretim AS stock appears to be undervalued. The current stock price of ₺2.76 is trading 14.6% below its estimated GF Value™ of ₺3.23. GuruFocus considers Zorlu Enerji Elektrik Uretim AS to be Modestly Undervalued.

Key valuation signals for IST:ZOREN:

  • Days Payable: 101.60 (30% above median its 10-year median of 78.28)
  • GF Value™: ₺3.23 vs. price of ₺2.76 (14.6% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 27.2% above the Utilities - Independent Power Producers median (#200 of 390)

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


Zorlu Enerji Elektrik Uretim AS Business Description

Address Buyukdere Caddesi, No: 199, Levent 199, Istanbul, TUR, 34394
Zorlu Enerji Elektrik Uretim AS together with its subsidiaries is engaged in establishing, renting and operating facilities of electrical energy production plant, producing electricity and trading electricity to the customers.
61GF Score

Get the complete analysis for IST:ZOREN

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

₺2.76
Price
₺3.23
GF Value