Pinar Su Ve Iceceknayi Ve Ticaret AS (IST:PINSU) Days Payable : 83.63 (As of Dec. 2023)

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What is Pinar Su Ve Iceceknayi Ve Ticaret AS Days Payable?

Pinar Su Ve Iceceknayi Ve Ticaret AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺284 Mil. Pinar Su Ve Iceceknayi Ve Ticaret AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺310 Mil. Hence, Pinar Su Ve Iceceknayi Ve Ticaret AS's Days Payable for the three months ended in Dec. 2023 was 83.63.

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

IST:PINSU' s Days Payable Range Over the Past 10 Years
Min: 93.36 Med: 143.57 Max: 188.87
Current: 136.82

During the past 13 years, Pinar Su Ve Iceceknayi Ve Ticaret AS's highest Days Payable was 188.87. The lowest was 93.36. And the median was 143.57.

IST:PINSU's Days Payable is ranked better than
82.57% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.92 vs IST:PINSU: 136.82

Pinar Su Ve Iceceknayi Ve Ticaret AS's Days Payable increased from Dec. 2022 (45.07) to Dec. 2023 (83.63). It may suggest that Pinar Su Ve Iceceknayi Ve Ticaret AS delayed paying its suppliers.

Pinar Su Ve Iceceknayi Ve Ticaret AS Days Payable Historical Data

The historical data trend for Pinar Su Ve Iceceknayi 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.

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Pinar Su Ve Iceceknayi Ve Ticaret AS Days Payable Chart

Pinar Su Ve Iceceknayi Ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

154.72

160.81

142.36

93.36

144.78

Pinar Su Ve Iceceknayi Ve Ticaret 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															45.07	215.90	172.35	157.75	83.63

Competitive Comparison of Pinar Su Ve Iceceknayi Ve Ticaret AS's Days Payable

For the Beverages - Non-Alcoholic subindustry, Pinar Su Ve Iceceknayi 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.

Pinar Su Ve Iceceknayi Ve Ticaret AS's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Pinar Su Ve Iceceknayi Ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Pinar Su Ve Iceceknayi Ve Ticaret AS's Days Payable falls into.

Pinar Su Ve Iceceknayi 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.

Pinar Su Ve Iceceknayi Ve Ticaret 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
=	( (273.747	+	268.271)	/	2 )	/	683.232	*	365
=	271.009					/	683.232	*	365
=	144.78

Pinar Su Ve Iceceknayi Ve Ticaret 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
=	( (300.581	+	268.271)	/	2 )	/	310.343	*	365 / 4
=	284.426					/	310.343	*	365 / 4
=	83.63

Pinar Su Ve Iceceknayi Ve Ticaret AS Days Payable Related Terms

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

Pinar Su Ve Iceceknayi Ve Ticaret AS (IST:PINSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Pinar Su Ve Icecek Sanayi Ve Ticaret AS (IST:PINSU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kemalpasa Cad. No: 262, Pinarbasi, Izmir, TUR, 35060

Website

http://www.pinarsu.com.tr

Pinar Su Ve Icecek Sanayi Ve Ticaret AS is engaged in bottling & distribution of fresh spring water under Pinar Yasam Pinarim brand. It offers its products in a plastic bottle from 0.5 liters to 19 liters, glass bottles from 0.5 & 0.75 liters in turkey. Its products include packaged water, flavoured mineral water, and lemonade.

Pinar Su Ve Iceceknayi Ve Ticaret AS (IST:PINSU) Headlines

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