Saiham Cotton Mills (DHA:SAIHAMCOT) Days Payable : 47.96 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Saiham Cotton Mills Days Payable?

Saiham Cotton Mills's average Accounts Payable for the three months ended in Mar. 2024 was BDT682 Mil. Saiham Cotton Mills's Cost of Goods Sold for the three months ended in Mar. 2024 was BDT1,298 Mil. Hence, Saiham Cotton Mills's Days Payable for the three months ended in Mar. 2024 was 47.96.

The historical rank and industry rank for Saiham Cotton Mills's Days Payable or its related term are showing as below:

DHA:SAIHAMCOT' s Days Payable Range Over the Past 10 Years
Min: 2.1 Med: 14.14 Max: 43.3
Current: 32.39

During the past 9 years, Saiham Cotton Mills's highest Days Payable was 43.30. The lowest was 2.10. And the median was 14.14.

DHA:SAIHAMCOT's Days Payable is ranked worse than
72.87% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs DHA:SAIHAMCOT: 32.39

Saiham Cotton Mills's Days Payable increased from Mar. 2023 (4.61) to Mar. 2024 (47.96). It may suggest that Saiham Cotton Mills delayed paying its suppliers.

Saiham Cotton Mills Days Payable Historical Data

The historical data trend for Saiham Cotton Mills'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.

Saiham Cotton Mills Days Payable Chart

Saiham Cotton Mills Annual Data

Trend

Apr15

Apr16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

43.30

21.03

5.50

2.10

20.00

Saiham Cotton Mills Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															4.61	14.56	34.76	49.25	47.96

Competitive Comparison of Saiham Cotton Mills's Days Payable

For the Textile Manufacturing subindustry, Saiham Cotton Mills'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.

Saiham Cotton Mills's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Saiham Cotton Mills's Days Payable distribution charts can be found below:

* The bar in red indicates where Saiham Cotton Mills's Days Payable falls into.

Saiham Cotton Mills 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.

Saiham Cotton Mills's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (13.041	+	537.156)	/	2 )	/	5020.362	*	365
=	275.0985					/	5020.362	*	365
=	20.00

Saiham Cotton Mills's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (623.929	+	740.439)	/	2 )	/	1297.926	*	365 / 4
=	682.184					/	1297.926	*	365 / 4
=	47.96

Saiham Cotton Mills Days Payable Related Terms

Thank you for viewing the detailed overview of Saiham Cotton Mills's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Saiham Cotton Mills (DHA:SAIHAMCOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Saiham Cotton Mills Ltd (DHA:SAIHAMCOT) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

House No. 34, Road No. 136, Gulshan-1, Saiham Tower, Block No. SE (C)-1, 11th Floor, Dhaka, BGD, 1212

Website

https://www.saihamcotton.com

Saiham Cotton Mills Ltd manufactures and sells cotton yarns for the export-oriented knitting industry. It offers auto coned electronically cleared cotton carded and combed grey yarn in Bangladesh. Carded, Combed, Organic KH, Organic CH, and CMIA are among the company's products.

Saiham Cotton Mills (DHA:SAIHAMCOT) Headlines

No Headlines