MRT (Marti Technologies) Days Payable: 29.84 (As of Jun. 2026) — Near Median

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MRT Marti Technologies Inc MRT
55 GF Score
Price $2.15
GF Value $4.12
Valuation Possible Value Trap
! 8 Warning Signs
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What is Marti Technologies Days Payable?

Marti Technologies MRT +5.91% 55 Days Payable is 29.84 as of Jun. 2026, which is 2% above its 10-year median of 29.36. GuruFocus rates MRT with a GF Score™ of 55/100 and a GF Value™ of $4.12 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,611 Software companies, Marti Technologies ranks worse than 70.62% on this metric.

Marti Technologies's average Accounts Payable for the six months ended in Jun. 2026 was $3.15 Mil. Marti Technologies's Cost of Goods Sold for the six months ended in Jun. 2026 was $19.29 Mil. Hence, Marti Technologies's Days Payable for the six months ended in Jun. 2026 was 29.84.

The historical rank and industry rank for Marti Technologies's Days Payable or its related term are showing as below:

MRT' s Days Payable Range Over the Past 10 Years
Min: 12.32   Med: 29.36   Max: 31.04
Current: 25.74

During the past 6 years, Marti Technologies's highest Days Payable was 31.04. The lowest was 12.32. And the median was 29.36.

MRT's Days Payable is ranked worse than
70.62% of 2611 companies
in the Software industry
Industry Median: 51.93 vs MRT: 25.74

Marti Technologies's Days Payable increased from Jun. 2025 (20.49) to Jun. 2026 (29.84). It may suggest that Marti Technologies delayed paying its suppliers.


Marti Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Marti Technologies'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.

Marti Technologies Days Payable Chart

Marti Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 0.00 31.04 12.32 29.36

Marti Technologies Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.17 6.74 20.49 27.90 29.84

MRT vs EGAN, THRY, SMRT: Days Payable Comparison

For the Software - Application subindustry, Marti Technologies'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.


Marti Technologies Days Payable vs Software Industry

For the Software industry and Technology sector, Marti Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Marti Technologies's Days Payable falls into.


MRT
55GF Score
Marti Technologies Inc MRT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Marti Technologies 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.

Marti Technologies'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
=( (1.651 + 4.077) / 2 ) / 35.6*365
=2.864 / 35.6*365
=29.36

Marti Technologies's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (4.077 + 2.23) / 2 ) / 19.285*365 / 2
=3.1535 / 19.285*365 / 2
=29.84

* 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 29.84 mean?
Marti Technologies (MRT) has a Days Payable of 29.84 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Marti Technologies and its competitors. This is near median its historical median of 29.36. Over the past decade, Marti Technologies' Days Payable has ranged from 12.32 to 31.04. According to the industry distribution chart, Marti Technologies ranks #1844 out of 2611 companies in the Software industry, placing it in the top 70.6%.
Is Marti Technologies' Days Payable too high?
Marti Technologies' current Days Payable of 29.84 is near median its 10-year median of 29.36. Over the past 10 years, this metric has ranged from a low of 12.32 to a high of 31.04. The Software industry median Days Payable is 51.93. Marti Technologies' value of 29.84 is 42.5% below this industry median. Based on the distribution chart, Marti Technologies ranks #1844 out of 2611 companies in the Software industry, which is below the industry midpoint. Overall, Marti Technologies has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Technologies' Days Payable compare to EGAN and THRY?
According to the Software industry distribution chart, Marti Technologies ranks #1844 out of 2611 companies for Days Payable. This places Marti Technologies in the lower half of its industry. The industry median Days Payable is 51.93. Marti Technologies' value of 29.84 is 42.5% below this benchmark. Historically, Marti Technologies' own Days Payable has ranged from 12.32 to 31.04 over the past decade. While the company's 10-year median is 29.36 vs. the industry median of 51.93, Marti Technologies 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 Software company?
The median Days Payable among Software companies is 51.93, based on 2,611 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. Marti Technologies's current Days Payable of 29.84 is 42.5% 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 Marti Technologies and its competitors. For the Software industry, the median Days Payable is 51.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marti Technologies's current Days Payable is 29.84, which is near median its own 10-year median of 29.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Technologies stock overvalued right now?
Based on GuruFocus' analysis, Marti Technologies (MRT) is currently considered Possible Value Trap. The stock's GF Value™ is $4.12, compared to a current price of $2.15 — trading 47.8% below its estimated fair value. The current Days Payable is 29.84, which is near median its 10-year median of 29.36 and 42.5% below the Software industry median of 51.93. Marti Technologies' overall GF Score™ is 55/100 with 8 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 Marti Technologies (MRT), the current Days Payable is 29.84 as of Jun. 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 Marti Technologies (MRT) Overvalued in 2026?

Based on GuruFocus' analysis, Marti Technologies stock appears to be undervalued. The current stock price of $2.15 is trading 47.8% below its estimated GF Value™ of $4.12. GuruFocus considers Marti Technologies to be Possible Value Trap.

Key valuation signals for MRT:

  • Days Payable: 29.84 (near median its 10-year median of 29.36)
  • GF Value™: $4.12 vs. price of $2.15 (47.8% below fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 42.5% below the Software median (#1844 of 2611)

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


Marti Technologies Business Description

Address Buyukdere Cd. No:237, Sariyer/Istanbul, Maslak, TUR, 34485
Marti Technologies Inc is Turkiye's urban mobility platform, helping to solve the country's transportation needs through tech-enabled services powered by a single mobility super app. The Group aims to offer tech-enabled urban transportation services to consumers across Turkiye through three service offerings: ride-hailing, delivery, and two-wheeled electric vehicle services. The Group's ride-hailing service matches consumers with car, motorcycle, and taxi drivers. The Group's delivery service provides same-hour package delivery by leveraging the Group's existing network of car and motorcycle drivers and consumer base.
55GF Score

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

$2.15
Price
$4.12
GF Value