Altin Yunus Cesme AS (IST:AYCES) Days Payable : 22.78 (As of Dec. 2023)

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What is Altin Yunus Cesme AS Days Payable?

Altin Yunus Cesme AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺16.9 Mil. Altin Yunus Cesme AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺67.6 Mil. Hence, Altin Yunus Cesme AS's Days Payable for the three months ended in Dec. 2023 was 22.78.

The historical rank and industry rank for Altin Yunus Cesme AS's Days Payable or its related term are showing as below:

IST:AYCES' s Days Payable Range Over the Past 10 Years
Min: 32.13 Med: 56.88 Max: 69.39
Current: 36.22

During the past 13 years, Altin Yunus Cesme AS's highest Days Payable was 69.39. The lowest was 32.13. And the median was 56.88.

IST:AYCES's Days Payable is ranked worse than
67.15% of 758 companies
in the Travel & Leisure industry
Industry Median: 58.07 vs IST:AYCES: 36.22

Altin Yunus Cesme AS's Days Payable increased from Dec. 2022 (16.41) to Dec. 2023 (22.78). It may suggest that Altin Yunus Cesme AS delayed paying its suppliers.

Altin Yunus Cesme AS Days Payable Historical Data

The historical data trend for Altin Yunus Cesme 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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Altin Yunus Cesme AS Days Payable Chart

Altin Yunus Cesme AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.58

69.39

61.86

32.13

38.40

Altin Yunus Cesme 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															16.41	64.98	49.99	34.64	22.78

Competitive Comparison of Altin Yunus Cesme AS's Days Payable

For the Resorts & Casinos subindustry, Altin Yunus Cesme 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.

Altin Yunus Cesme AS's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Altin Yunus Cesme AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Altin Yunus Cesme AS's Days Payable falls into.

Altin Yunus Cesme 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.

Altin Yunus Cesme 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
=	( (17.86	+	16.517)	/	2 )	/	163.383	*	365
=	17.1885					/	163.383	*	365
=	38.40

Altin Yunus Cesme 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
=	( (17.233	+	16.517)	/	2 )	/	67.608	*	365 / 4
=	16.875					/	67.608	*	365 / 4
=	22.78

Altin Yunus Cesme AS Days Payable Related Terms

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Altin Yunus Cesme AS (IST:AYCES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Altin Yunus Cesme AS (IST:AYCES) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 120/101 Konak, Akdeniz Mah. sehit Fethi Bey Caddesi, Izmir, TUR

Website

http://www.altinyunus.com.tr

Altin Yunus Cesme AS operates as a resort. It provides various hotel facilities such as tennis courts, outdoor and indoor swimming pools, a surf club, a diving school, beach volleyball, basketball, mini football and a movie theatre.

Altin Yunus Cesme AS (IST:AYCES) Headlines

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