TFIG (TFI TAB Gida Yatirimlari AS) Days Payable: 80.15 (As of Dec. 2016)

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What is TFI TAB Gida Yatirimlari AS Days Payable?

TFI TAB Gida Yatirimlari AS TFIG Days Payable is 80.15 as of Dec. 2016.

TFI TAB Gida Yatirimlari AS's average Accounts Payable for the six months ended in Dec. 2016 was $158.50 Mil. TFI TAB Gida Yatirimlari AS's Cost of Goods Sold for the six months ended in Dec. 2016 was $721.81 Mil. Hence, TFI TAB Gida Yatirimlari AS's Days Payable for the six months ended in Dec. 2016 was 40.08.

The historical rank and industry rank for TFI TAB Gida Yatirimlari AS's Days Payable or its related term are showing as below:

TFIG's Days Payable is not ranked *
in the Restaurants industry.
Industry Median: 34.43
* Ranked among companies with meaningful Days Payable only.

TFI TAB Gida Yatirimlari AS's Days Payable increased from . 20 (0.00) to Dec. 2016 (80.15). It may suggest that TFI TAB Gida Yatirimlari AS delayed paying its suppliers.

TFI TAB Gida Yatirimlari AS Days Payable Historical Data

* Premium members only.

The historical data trend for TFI TAB Gida Yatirimlari 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.

TFI TAB Gida Yatirimlari AS Days Payable Chart

TFI TAB Gida Yatirimlari AS Annual Data
Trend Dec15 Dec16
Days Payable
82.42 80.15

TFI TAB Gida Yatirimlari AS Semi-Annual Data
Dec15 Dec16
Days Payable 82.42 80.15

TFIG vs : Days Payable Comparison

For the Restaurants subindustry, TFI TAB Gida Yatirimlari 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.

TFI TAB Gida Yatirimlari AS Days Payable vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TFI TAB Gida Yatirimlari AS's Days Payable distribution charts can be found below:

* The bar in red indicates where TFI TAB Gida Yatirimlari AS's Days Payable falls into.


TFI TAB Gida Yatirimlari 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.

TFI TAB Gida Yatirimlari AS's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (156.565 + 160.442) / 2 ) / 721.814*365
=158.5035 / 721.814*365
=80.15

TFI TAB Gida Yatirimlari AS's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable (Q: Dec. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2015 ) + Accounts Payable (Q: Dec. 2016 )) / count ) / Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=( (156.565 + 160.442) / 2 ) / 721.814*365 / 2
=158.5035 / 721.814*365 / 2
=40.08

* 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 80.15 mean?
TFI TAB Gida Yatirimlari AS (TFIG) has a Days Payable of 80.15 as of Dec. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TFI TAB Gida Yatirimlari AS and its competitors.
Is TFI TAB Gida Yatirimlari AS's Days Payable too high?
TFI TAB Gida Yatirimlari AS's current Days Payable is 80.15. The Restaurants industry median Days Payable is 34.43. TFI TAB Gida Yatirimlari AS's value of 80.15 is 132.8% above this industry median.
How does TFI TAB Gida Yatirimlari AS's Days Payable compare to ?
TFI TAB Gida Yatirimlari AS's Days Payable of 80.15 can be compared against companies in the Restaurants industry. The industry median Days Payable is 34.43. TFI TAB Gida Yatirimlari AS's value of 80.15 is 132.8% above 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 Restaurants company?
The median Days Payable among Restaurants companies is 34.43, based on 353 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. TFI TAB Gida Yatirimlari AS's current Days Payable of 80.15 is 132.8% 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 TFI TAB Gida Yatirimlari AS and its competitors. For the Restaurants industry, the median Days Payable is 34.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFI TAB Gida Yatirimlari AS's current Days Payable is 80.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFI TAB Gida Yatirimlari AS stock overvalued right now?
TFI TAB Gida Yatirimlari AS (TFIG) has a current Days Payable of 80.15. The current Days Payable is 80.15 and 132.8% above the Restaurants industry median of 34.43. 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 TFI TAB Gida Yatirimlari AS (TFIG), the current Days Payable is 80.15 as of Dec. 2016. 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.

TFI TAB Gida Yatirimlari AS Business Description

Comparable Companies
Address Dikilitas Mah. Emirhan Cad, No:109 Atakule Besiktas, Istanbul, TUR
TFI TAB Gida Yatirimlari AS acts as a restaurant operator. The company operates a broad range of quick service restaurants, (QSRs), mainly in Turkey and China. It provides a wide spectrum of restaurant concepts, encompassing hamburger, chicken, sandwich, Italian/pizza, and Turkish QSRs. The company operates more than 600 Burger King restaurants in Turkey. It acts as a franchisee of Popeyes, Arby's and Sbarro. It has developed its own fast food brand Usta Dönerci in Turkey. The company operates its restaurant in three channels namely mall, street in-line, and freestanding and airport. It operates through Quick service restaurants segment, Ecosystem, and Other segment. The majority of the company's revenue comes from Turkey.