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Euro Trend Yatirim Ortakligi AS (IST:ETYAT) Days Payable : 0.64 (As of Dec. 2023)


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What is Euro Trend Yatirim Ortakligi AS Days Payable?

Euro Trend Yatirim Ortakligi AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺0.05 Mil. Euro Trend Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺7.21 Mil. Hence, Euro Trend Yatirim Ortakligi AS's Days Payable for the three months ended in Dec. 2023 was 0.64.

The historical rank and industry rank for Euro Trend Yatirim Ortakligi AS's Days Payable or its related term are showing as below:

IST:ETYAT' s Days Payable Range Over the Past 10 Years
Min: 0.08   Med: 0.44   Max: 2.31
Current: 1.47

During the past 13 years, Euro Trend Yatirim Ortakligi AS's highest Days Payable was 2.31. The lowest was 0.08. And the median was 0.44.

IST:ETYAT's Days Payable is ranked worse than
97.44% of 468 companies
in the Asset Management industry
Industry Median: 70.455 vs IST:ETYAT: 1.47

Euro Trend Yatirim Ortakligi AS's Days Payable increased from Dec. 2022 (0.13) to Dec. 2023 (0.64). It may suggest that Euro Trend Yatirim Ortakligi AS delayed paying its suppliers.


Euro Trend Yatirim Ortakligi AS Days Payable Historical Data

The historical data trend for Euro Trend Yatirim Ortakligi 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.

Euro Trend Yatirim Ortakligi AS Days Payable Chart

Euro Trend Yatirim Ortakligi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.11 0.08 0.50 2.31

Euro Trend Yatirim Ortakligi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 6.54 1.18 0.66 0.64

Competitive Comparison of Euro Trend Yatirim Ortakligi AS's Days Payable

For the Asset Management subindustry, Euro Trend Yatirim Ortakligi 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.


Euro Trend Yatirim Ortakligi AS's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Euro Trend Yatirim Ortakligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Euro Trend Yatirim Ortakligi AS's Days Payable falls into.



Euro Trend Yatirim Ortakligi 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.

Euro Trend Yatirim Ortakligi AS's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.238 + 0.05) / 2 ) / 22.728*365
=0.144 / 22.728*365
=2.31

Euro Trend Yatirim Ortakligi AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.051 + 0.05) / 2 ) / 7.209*365 / 4
=0.0505 / 7.209*365 / 4
=0.64

* 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.


Euro Trend Yatirim Ortakligi AS Days Payable Related Terms

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Euro Trend Yatirim Ortakligi AS (IST:ETYAT) Business Description

Traded in Other Exchanges
N/A
Address
Ceyhun Atif Kansu Cad No 66, Kat 2 Balgat, Ankara, TUR
Euro Trend Yatirim Ortakligi AS is an investment trust, involved in portfolio management activities. Its activities include the management of portfolio variation and investment risk, and the monitoring of stock exchanges, financial markets, institutions, and trusts.

Euro Trend Yatirim Ortakligi AS (IST:ETYAT) Headlines

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