Aksu Enerji Ve Ticaret AS (IST:AKSUE) Days Payable : 23.95 (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Aksu Enerji Ve Ticaret AS Days Payable?

Aksu Enerji Ve Ticaret AS's average Accounts Payable for the three months ended in Sep. 2023 was ₺1.43 Mil. Aksu Enerji Ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺5.45 Mil. Hence, Aksu Enerji Ve Ticaret AS's Days Payable for the three months ended in Sep. 2023 was 23.95.

The historical rank and industry rank for Aksu Enerji Ve Ticaret AS's Days Payable or its related term are showing as below:

IST:AKSUE' s Days Payable Range Over the Past 10 Years
Min: 3.05 Med: 14.77 Max: 51.86
Current: 24.2

During the past 13 years, Aksu Enerji Ve Ticaret AS's highest Days Payable was 51.86. The lowest was 3.05. And the median was 14.77.

IST:AKSUE's Days Payable is ranked worse than
83.63% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs IST:AKSUE: 24.20

Aksu Enerji Ve Ticaret AS's Days Payable increased from Sep. 2022 (23.19) to Sep. 2023 (23.95). It may suggest that Aksu Enerji Ve Ticaret AS delayed paying its suppliers.

Aksu Enerji Ve Ticaret AS Days Payable Historical Data

The historical data trend for Aksu Enerji Ve Ticaret 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.

* Premium members only.

Aksu Enerji Ve Ticaret AS Days Payable Chart

Aksu Enerji Ve Ticaret AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

51.86

28.07

12.27

18.18

17.24

Aksu Enerji Ve Ticaret AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															23.19	23.12	23.33	27.66	23.95

Competitive Comparison of Aksu Enerji Ve Ticaret AS's Days Payable

For the Utilities - Renewable subindustry, Aksu Enerji Ve Ticaret 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.

Aksu Enerji Ve Ticaret AS's Days Payable Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Aksu Enerji Ve Ticaret AS's Days Payable falls into.

Aksu Enerji Ve Ticaret 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.

Aksu Enerji Ve Ticaret AS's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.382	+	0.595)	/	2 )	/	10.343	*	365
=	0.4885					/	10.343	*	365
=	17.24

Aksu Enerji Ve Ticaret AS's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.601	+	1.26)	/	2 )	/	5.451	*	365 / 4
=	1.4305					/	5.451	*	365 / 4
=	23.95

Aksu Enerji Ve Ticaret AS Days Payable Related Terms

Thank you for viewing the detailed overview of Aksu Enerji Ve Ticaret AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Aksu Enerji Ve Ticaret AS (IST:AKSUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Aksu Enerji Ve Ticaret AS (IST:AKSUE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Piri Mehmet Mah, Mimarsinan Cad, Miralay Office Building, Floor 2 Number 77, Isparta, TUR

Website

http://www.aksuenerji.com.tr

Aksu Enerji Ve Ticaret AS a Turkey-based company involved in generation and distribution of electricity. It generates Hydroelectric Energy by taking its source from the rivers, Solar energy and Wind energy generated by the construction of turbines in high zones.

Aksu Enerji Ve Ticaret AS (IST:AKSUE) Headlines

No Headlines