Qua Granite (IST:QUAGR) Days Payable : 84.73 (As of Sep. 2023)

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What is Qua Granite Days Payable?

Qua Granite's average Accounts Payable for the three months ended in Sep. 2023 was ₺1,029 Mil. Qua Granite's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺1,108 Mil. Hence, Qua Granite's Days Payable for the three months ended in Sep. 2023 was 84.73.

The historical rank and industry rank for Qua Granite's Days Payable or its related term are showing as below:

IST:QUAGR' s Days Payable Range Over the Past 10 Years
Min: 98.72 Med: 148.41 Max: 243.85
Current: 98.72

During the past 5 years, Qua Granite's highest Days Payable was 243.85. The lowest was 98.72. And the median was 148.41.

IST:QUAGR's Days Payable is ranked better than
62.59% of 1604 companies
in the Construction industry
Industry Median: 74.965 vs IST:QUAGR: 98.72

Qua Granite's Days Payable declined from Sep. 2022 (124.80) to Sep. 2023 (84.73). It may suggest that Qua Granite accelerated paying its suppliers.

Qua Granite Days Payable Historical Data

The historical data trend for Qua Granite'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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Qua Granite Days Payable Chart

Qua Granite Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

243.85

148.41

104.65

212.94

127.21

Qua Granite Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial											124.80	113.31	118.23	97.45	84.73

Competitive Comparison of Qua Granite's Days Payable

For the Building Products & Equipment subindustry, Qua Granite'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.

Qua Granite's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Qua Granite's Days Payable distribution charts can be found below:

* The bar in red indicates where Qua Granite's Days Payable falls into.

Qua Granite 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.

Qua Granite'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
=	( (534.821	+	1122.723)	/	2 )	/	2377.926	*	365
=	828.772					/	2377.926	*	365
=	127.21

Qua Granite'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
=	( (1084.91	+	973.277)	/	2 )	/	1108.22	*	365 / 4
=	1029.0935					/	1108.22	*	365 / 4
=	84.73

Qua Granite Days Payable Related Terms

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Qua Granite (IST:QUAGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Qua Granite (IST:QUAGR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soke Organize Sanayi Bölgesi Mah, 4. Sokak No. 1 Söke, Aydin, TUR

Website

https://www.qua.com.tr

Qua Granite is involved in the activity of production and sale of ceramics tiles, floor tiles, granite and other faience materials.

Qua Granite (IST:QUAGR) Headlines

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