TTRKF (Turk Traktor ve Ziraat Makineleri AS) Days Payable: 56.67 (As of Mar. 2026) — 11% Below Median


TTRKF Turk Traktor ve Ziraat Makineleri AS TTRKF
88 GF Score
Price $4.33
GF Value $4.79
! 9 Warning Signs
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What is Turk Traktor ve Ziraat Makineleri AS Days Payable?

Turk Traktor ve Ziraat Makineleri AS TTRKF 88 Days Payable is 56.67 as of Mar. 2026, which is 11% below its 10-year median of 63.35. GuruFocus rates TTRKF with a GF Score™ of 88/100 and a GF Value™ of $4.79. The stock has 9 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Turk Traktor ve Ziraat Makineleri AS ranks worse than 67.94% on this metric.

Turk Traktor ve Ziraat Makineleri AS's average Accounts Payable for the three months ended in Mar. 2026 was $132 Mil. Turk Traktor ve Ziraat Makineleri AS's Cost of Goods Sold for the three months ended in Mar. 2026 was $213 Mil. Hence, Turk Traktor ve Ziraat Makineleri AS's Days Payable for the three months ended in Mar. 2026 was 56.67.

The historical rank and industry rank for Turk Traktor ve Ziraat Makineleri AS's Days Payable or its related term are showing as below:

TTRKF' s Days Payable Range Over the Past 10 Years
Min: 52.59   Med: 63.35   Max: 77.17
Current: 52.59

During the past 13 years, Turk Traktor ve Ziraat Makineleri AS's highest Days Payable was 77.17. The lowest was 52.59. And the median was 63.35.

TTRKF's Days Payable is ranked worse than
67.94% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.7 vs TTRKF: 52.59

Turk Traktor ve Ziraat Makineleri AS's Days Payable increased from Mar. 2025 (53.36) to Mar. 2026 (56.67). It may suggest that Turk Traktor ve Ziraat Makineleri AS delayed paying its suppliers.


Turk Traktor ve Ziraat Makineleri AS Days Payable Related Terms


Turk Traktor ve Ziraat Makineleri AS Days Payable Historical Data

* Premium members only.

The historical data trend for Turk Traktor ve Ziraat Makineleri 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.

Turk Traktor ve Ziraat Makineleri AS Days Payable Chart

Turk Traktor ve Ziraat Makineleri 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 96.09 59.69 74.72 64.25 65.24

Turk Traktor ve Ziraat Makineleri 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 53.36 60.38 60.74 36.88 56.67

TTRKF vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Turk Traktor ve Ziraat Makineleri 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.


Turk Traktor ve Ziraat Makineleri AS Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Turk Traktor ve Ziraat Makineleri AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Turk Traktor ve Ziraat Makineleri AS's Days Payable falls into.


TTRKF
88GF Score
Turk Traktor ve Ziraat Makineleri AS TTRKF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Turk Traktor ve Ziraat Makineleri 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.

Turk Traktor ve Ziraat Makineleri 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
=( (276.329 + 112.884) / 2 ) / 1088.852*365
=194.6065 / 1088.852*365
=65.24

Turk Traktor ve Ziraat Makineleri 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
=( (112.884 + 151.418) / 2 ) / 212.787*365 / 4
=132.151 / 212.787*365 / 4
=56.67

* 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 56.67 mean?
Turk Traktor ve Ziraat Makineleri AS (TTRKF) has a Days Payable of 56.67 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 Turk Traktor ve Ziraat Makineleri AS and its competitors. This is 11% below median its historical median of 63.35. Over the past decade, Turk Traktor ve Ziraat Makineleri AS's Days Payable has ranged from 52.59 to 77.17. According to the industry distribution chart, Turk Traktor ve Ziraat Makineleri AS ranks #142 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 67.9%.
Is Turk Traktor ve Ziraat Makineleri AS's Days Payable too high?
Turk Traktor ve Ziraat Makineleri AS's current Days Payable of 56.67 is 11% below median its 10-year median of 63.35. Over the past 10 years, this metric has ranged from a low of 52.59 to a high of 77.17. The Farm & Heavy Construction Machinery industry median Days Payable is 70.70. Turk Traktor ve Ziraat Makineleri AS's value of 56.67 is 19.8% below this industry median. Based on the distribution chart, Turk Traktor ve Ziraat Makineleri AS ranks #142 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Turk Traktor ve Ziraat Makineleri AS has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Turk Traktor ve Ziraat Makineleri AS's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Turk Traktor ve Ziraat Makineleri AS ranks #142 out of 209 companies for Days Payable. This places Turk Traktor ve Ziraat Makineleri AS in the lower half of its industry. The industry median Days Payable is 70.70. Turk Traktor ve Ziraat Makineleri AS's value of 56.67 is 19.8% below this benchmark. Historically, Turk Traktor ve Ziraat Makineleri AS's own Days Payable has ranged from 52.59 to 77.17 over the past decade. While the company's 10-year median is 63.35 vs. the industry median of 70.70, Turk Traktor ve Ziraat Makineleri 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 70.70, based on 209 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. Turk Traktor ve Ziraat Makineleri AS's current Days Payable of 56.67 is 19.8% 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 Turk Traktor ve Ziraat Makineleri AS and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 70.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Traktor ve Ziraat Makineleri AS's current Days Payable is 56.67, which is 11% below median its own 10-year median of 63.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Traktor ve Ziraat Makineleri AS stock overvalued right now?
Turk Traktor ve Ziraat Makineleri AS (TTRKF) has a current Days Payable of 56.67. The stock's GF Value™ is $4.79, compared to a current price of $4.33 — trading 9.7% below its estimated fair value. The current Days Payable is 56.67, which is 11% below median its 10-year median of 63.35 and 19.8% below the Farm & Heavy Construction Machinery industry median of 70.70. Turk Traktor ve Ziraat Makineleri AS's overall GF Score™ is 88/100 with 9 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 Turk Traktor ve Ziraat Makineleri AS (TTRKF), the current Days Payable is 56.67 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 Turk Traktor ve Ziraat Makineleri AS (TTRKF) Overvalued in 2026?

Based on GuruFocus' analysis, Turk Traktor ve Ziraat Makineleri AS stock appears to be undervalued. The current stock price of $4.33 is trading 9.7% below its estimated GF Value™ of $4.79.

Key valuation signals for TTRKF:

  • Days Payable: 56.67 (11% below median its 10-year median of 63.35)
  • GF Value™: $4.79 vs. price of $4.33 (9.7% below fair value)
  • GF Score™: 88/100 with 9 warning signs
  • Industry Position: 19.8% below the Farm & Heavy Construction Machinery median (#142 of 209)

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


Turk Traktor ve Ziraat Makineleri AS Business Description

Other Exchanges TTRAK:Turkey
Address Gazi Mahallesi Anadolu Boulevard No: 52 - 52A, Yenimahalle, Ankara, TUR, 06560
Turk Traktor ve Ziraat Makineleri AS is one of the largest tractor manufacturers in Turkey. It sells tractors, combine harvesters, planters, cotton pickers, and other agricultural machinery and equipment. The company's worldwide sales and marketing network generates recurring aftermarket sales and showcases new features in product development. Plants are equipped with gear and heat treatment facilities, specialized machines, engine manufacturing facilities, paint shops, and assembly lines. The company also operates quality control labs, testing equipment, and incorporates research and development to design and produce innovative solutions. Most parts and components are manufactured internally, but the company may use third parties to meet international quality standards.
88GF Score

Get the complete analysis for TTRKF

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

$4.33
Price
$4.79
GF Value