Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Days Payable : 63.16 (As of Dec. 2023)

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What is Alkim Kagitnayi ve Ticaret AS Days Payable?

Alkim Kagitnayi ve Ticaret AS's average Accounts Payable for the six months ended in Dec. 2023 was ₺319 Mil. Alkim Kagitnayi ve Ticaret AS's Cost of Goods Sold for the six months ended in Dec. 2023 was ₺1,844 Mil. Hence, Alkim Kagitnayi ve Ticaret AS's Days Payable for the six months ended in Dec. 2023 was 31.58.

The historical rank and industry rank for Alkim Kagitnayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:ALKA' s Days Payable Range Over the Past 10 Years
Min: 22.54 Med: 29.38 Max: 63.16
Current: 63.16

During the past 13 years, Alkim Kagitnayi ve Ticaret AS's highest Days Payable was 63.16. The lowest was 22.54. And the median was 29.38.

IST:ALKA's Days Payable is ranked better than
55.52% of 281 companies
in the Forest Products industry
Industry Median: 56.64 vs IST:ALKA: 63.16

Alkim Kagitnayi ve Ticaret AS's Days Payable increased from Dec. 2021 (58.86) to Dec. 2023 (63.16). It may suggest that Alkim Kagitnayi ve Ticaret AS delayed paying its suppliers.

Alkim Kagitnayi ve Ticaret AS Days Payable Historical Data

The historical data trend for Alkim Kagitnayi 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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Alkim Kagitnayi ve Ticaret AS Days Payable Chart

Alkim Kagitnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.34

41.82

58.86

31.78

63.16

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial														31.34	41.82	58.86	31.78	63.16

Competitive Comparison of Alkim Kagitnayi ve Ticaret AS's Days Payable

For the Paper & Paper Products subindustry, Alkim Kagitnayi 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.

Alkim Kagitnayi ve Ticaret AS's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Kagitnayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Alkim Kagitnayi ve Ticaret AS's Days Payable falls into.

Alkim Kagitnayi 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.

Alkim Kagitnayi 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
=	( (307.778	+	330.441)	/	2 )	/	1844.053	*	365
=	319.1095					/	1844.053	*	365
=	63.16

Alkim Kagitnayi 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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (307.778	+	330.441)	/	2 )	/	1844.053	*	365 / 2
=	319.1095					/	1844.053	*	365 / 2
=	31.58

Alkim Kagitnayi ve Ticaret AS Days Payable Related Terms

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Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Alkim Kagit Sanayi ve Ticaret AS (IST:ALKA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730

Website

http://www.alkimkagit.com.tr

Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Headlines

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