Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Days Payable : 93.09 (As of Dec. 2022)

View and export this data going back to 1991. Start your Free Trial

What is Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Days Payable?

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's average Accounts Payable for the six months ended in Dec. 2022 was ₺1,622 Mil. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Cost of Goods Sold for the six months ended in Dec. 2022 was ₺6,360 Mil. Hence, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Payable for the six months ended in Dec. 2022 was 46.54.

The historical rank and industry rank for Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Payable or its related term are showing as below:

IST:MNDTR' s Days Payable Range Over the Past 10 Years
Min: 26.8 Med: 69.09 Max: 103.2
Current: 93.09

During the past 10 years, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's highest Days Payable was 103.20. The lowest was 26.80. And the median was 69.09.

IST:MNDTR's Days Payable is ranked better than
74.53% of 369 companies
in the Packaging & Containers industry
Industry Median: 57.59 vs IST:MNDTR: 93.09

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Payable increased from Dec. 2013 (66.16) to Dec. 2022 (93.09). It may suggest that Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS delayed paying its suppliers.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Days Payable Historical Data

The historical data trend for Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Days Payable Chart

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

80.85

72.02

66.16

103.20

93.09

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial					80.85	72.02	66.16	103.20	93.09

Competitive Comparison of Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Payable

For the Packaging & Containers subindustry, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Payable falls into.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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
=	( (1647.835	+	1596.311)	/	2 )	/	6360.228	*	365
=	1622.073					/	6360.228	*	365
=	93.09

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (1647.835	+	1596.311)	/	2 )	/	6360.228	*	365 / 2
=	1622.073					/	6360.228	*	365 / 2
=	46.54

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Days Payable Related Terms

Thank you for viewing the detailed overview of Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mondi Turkey Oluklu Mukavva Kagit ve Ambalaj Sanayi AS (IST:MNDTR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yolu Uzeri No:28, Toki Mahallesi, Odemis, Tire, Izmir, TUR, 35900

Website

https://www.mondigroup.com.tr

Mondi Turkey Oluklu Mukavva Kagit ve Ambalaj Sanayi AS is engaged in the supply of paper and its packaging with operations across different countries. The company has experience in packaging design and print/materials choice.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Headlines

No Headlines