Oyak Yatirim Ortakligi AS (IST:OYAYO) Days Payable : 0.24 (As of Dec. 2023)

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What is Oyak Yatirim Ortakligi AS Days Payable?

Oyak Yatirim Ortakligi AS's average Accounts Payable for the three months ended in Dec. 2023 was ₺0.2 Mil. Oyak Yatirim Ortakligi AS's Cost of Goods Sold for the three months ended in Dec. 2023 was ₺94.4 Mil. Hence, Oyak Yatirim Ortakligi AS's Days Payable for the three months ended in Dec. 2023 was 0.24.

The historical rank and industry rank for Oyak Yatirim Ortakligi AS's Days Payable or its related term are showing as below:

IST:OYAYO' s Days Payable Range Over the Past 10 Years
Min: 0.05 Med: 1.39 Max: 4.97
Current: 1.2

During the past 13 years, Oyak Yatirim Ortakligi AS's highest Days Payable was 4.97. The lowest was 0.05. And the median was 1.39.

IST:OYAYO's Days Payable is ranked worse than
98.08% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs IST:OYAYO: 1.20

Oyak Yatirim Ortakligi AS's Days Payable declined from Dec. 2022 (0.86) to Dec. 2023 (0.24). It may suggest that Oyak Yatirim Ortakligi AS accelerated paying its suppliers.

Oyak Yatirim Ortakligi AS Days Payable Historical Data

The historical data trend for Oyak Yatirim Ortakligi 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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Oyak Yatirim Ortakligi AS Days Payable Chart

Oyak Yatirim Ortakligi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.43

0.29

2.80

2.68

2.35

Oyak Yatirim Ortakligi 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															0.86	2.94	0.43	0.33	0.24

Competitive Comparison of Oyak Yatirim Ortakligi AS's Days Payable

For the Asset Management subindustry, Oyak Yatirim Ortakligi 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.

Oyak Yatirim Ortakligi AS's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oyak Yatirim Ortakligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Oyak Yatirim Ortakligi AS's Days Payable falls into.

Oyak Yatirim Ortakligi 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.

Oyak Yatirim Ortakligi 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
=	( (4.66	+	0.142)	/	2 )	/	373.365	*	365
=	2.401					/	373.365	*	365
=	2.35

Oyak Yatirim Ortakligi 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
=	( (0.348	+	0.142)	/	2 )	/	94.407	*	365 / 4
=	0.245					/	94.407	*	365 / 4
=	0.24

Oyak Yatirim Ortakligi AS Days Payable Related Terms

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Oyak Yatirim Ortakligi AS (IST:OYAYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oyak Yatirim Ortakligi AS (IST:OYAYO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Akatlar Mahallesi Ebulula Mardin Caddesi, Maya Sitesi F2 C Block No: 24/3, Besiktas Levent, Istanbul, TUR, 34335

Website

http://www.oyakyatirimortakligi.com.tr

Oyak Yatirim Ortakligi AS is an investment trust. It is engaged in portfolio creation and management of gold and other precious metals traded in national and international stock exchanges or in non-exchange organized markets.

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