Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Days Payable : 47.22 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Days Payable?

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺466 Mil. Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺900 Mil. Hence, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Days Payable for the three months ended in Dec. 2023 was 47.22.

The historical rank and industry rank for Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Days Payable or its related term are showing as below:

IST:PNLSN' s Days Payable Range Over the Past 10 Years
Min: 70.55 Med: 94.1 Max: 114.75
Current: 90.5

During the past 6 years, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's highest Days Payable was 114.75. The lowest was 70.55. And the median was 94.10.

IST:PNLSN's Days Payable is ranked better than
59.01% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs IST:PNLSN: 90.50

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Days Payable increased from Dec. 2022 (31.30) to Dec. 2023 (47.22). It may suggest that Panelsan Cati Cephe Sistemlerinayi VeTicaret AS delayed paying its suppliers.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Days Payable Historical Data

The historical data trend for Panelsan Cati Cephe Sistemlerinayi VeTicaret 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.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Days Payable Chart

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

106.40

100.76

114.75

70.55

87.44

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											31.30	135.89	119.26	121.89	47.22

Competitive Comparison of Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Days Payable

For the Building Products & Equipment subindustry, Panelsan Cati Cephe Sistemlerinayi VeTicaret 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.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Days Payable falls into.

Panelsan Cati Cephe Sistemlerinayi VeTicaret 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.

Panelsan Cati Cephe Sistemlerinayi VeTicaret 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
=	( (510.546	+	483.166)	/	2 )	/	2074.019	*	365
=	496.856					/	2074.019	*	365
=	87.44

Panelsan Cati Cephe Sistemlerinayi VeTicaret 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
=	( (448.632	+	483.166)	/	2 )	/	900.387	*	365 / 4
=	465.899					/	900.387	*	365 / 4
=	47.22

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS Days Payable Related Terms

Thank you for viewing the detailed overview of Panelsan Cati Cephe Sistemlerinayi VeTicaret AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Panelsan Cati Cephe Sistemleri Sanayi VeTicaret AS (IST:PNLSN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street No:4 A Block 3rd Floor Flat 18, Maidan Business and Life Center Mustafa Kemal Mahallesi 2118, Cankaya, Ankara, TUR

Website

https://www.panelsan.com

Panelsan Cati Cephe Sistemleri Sanayi VeTicaret AS is engaged in manufacturing of building materials.

Panelsan Cati Cephe Sistemlerinayi VeTicaret AS (IST:PNLSN) Headlines

No Headlines