Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) Days Payable : 31.44 (As of Sep. 2023)

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What is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Payable?

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's average Accounts Payable for the three months ended in Sep. 2023 was ₺142 Mil. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Cost of Goods Sold for the three months ended in Sep. 2023 was ₺413 Mil. Hence, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable for the three months ended in Sep. 2023 was 31.44.

The historical rank and industry rank for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable or its related term are showing as below:

IST:HATSN' s Days Payable Range Over the Past 10 Years
Min: 46.01 Med: 56.35 Max: 60.75
Current: 59.33

During the past 3 years, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's highest Days Payable was 60.75. The lowest was 46.01. And the median was 56.35.

IST:HATSN's Days Payable is ranked worse than
58.25% of 297 companies
in the Aerospace & Defense industry
Industry Median: 75.31 vs IST:HATSN: 59.33

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable declined from Mar. 2022 (74.01) to Sep. 2023 (31.44). It may suggest that Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS accelerated paying its suppliers.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Payable Historical Data

The historical data trend for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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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Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Payable Chart

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

46.01

60.75

56.35

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			74.01	-	62.11	40.87	31.44

Competitive Comparison of Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable

For the Aerospace & Defense subindustry, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Days Payable falls into.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS'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
=	( (83.395	+	101.242)	/	2 )	/	597.978	*	365
=	92.3185					/	597.978	*	365
=	56.35

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS'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: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (104.287	+	180.147)	/	2 )	/	412.772	*	365 / 4
=	142.217					/	412.772	*	365 / 4
=	31.44

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Days Payable Related Terms

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Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS (IST:HATSN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Florya Cad. Florya Plaza, No: 88/2 Florya, Bakirkoy, Istanbul, TUR, 34153

Website

https://www.hat-san.com.tr

Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS is a company engaged in purchase of domestic and foreign shipbuilding facilities, shipyards, hotels, cruise ships and yachts of all tonnages. It also operates in special transformation projects. Extension projects on ships, special project installations related to new machinery, equipment or production, and heavy steel construction works are the expertise of HAT-SAN Shipyard.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) Headlines

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