Deshbandhu Polymer (DHA:DESHBANDHU) Days Payable : 1.53 (As of Dec. 2023)

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What is Deshbandhu Polymer Days Payable?

Deshbandhu Polymer's average Accounts Payable for the three months ended in Dec. 2023 was BDT3.6 Mil. Deshbandhu Polymer's Cost of Goods Sold for the three months ended in Dec. 2023 was BDT215.0 Mil. Hence, Deshbandhu Polymer's Days Payable for the three months ended in Dec. 2023 was 1.53.

The historical rank and industry rank for Deshbandhu Polymer's Days Payable or its related term are showing as below:

DHA:DESHBANDHU' s Days Payable Range Over the Past 10 Years
Min: 0.67 Med: 3.47 Max: 13.39
Current: 1.15

During the past 13 years, Deshbandhu Polymer's highest Days Payable was 13.39. The lowest was 0.67. And the median was 3.47.

DHA:DESHBANDHU's Days Payable is ranked worse than
99.73% of 367 companies
in the Packaging & Containers industry
Industry Median: 57.59 vs DHA:DESHBANDHU: 1.15

Deshbandhu Polymer's Days Payable increased from Dec. 2022 (0.39) to Dec. 2023 (1.53). It may suggest that Deshbandhu Polymer delayed paying its suppliers.

Deshbandhu Polymer Days Payable Historical Data

The historical data trend for Deshbandhu Polymer'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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Deshbandhu Polymer Days Payable Chart

Deshbandhu Polymer Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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3.56

2.33

1.57

0.80

0.67

Deshbandhu Polymer 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															0.39	0.91	1.09	0.73	1.53

Competitive Comparison of Deshbandhu Polymer's Days Payable

For the Packaging & Containers subindustry, Deshbandhu Polymer'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.

Deshbandhu Polymer's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Deshbandhu Polymer's Days Payable distribution charts can be found below:

* The bar in red indicates where Deshbandhu Polymer's Days Payable falls into.

Deshbandhu Polymer 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.

Deshbandhu Polymer'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
=	( (1.74	+	1.735)	/	2 )	/	951.191	*	365
=	1.7375					/	951.191	*	365
=	0.67

Deshbandhu Polymer'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
=	( (2.008	+	5.187)	/	2 )	/	215.039	*	365 / 4
=	3.5975					/	215.039	*	365 / 4
=	1.53

Deshbandhu Polymer Days Payable Related Terms

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Deshbandhu Polymer (DHA:DESHBANDHU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Deshbandhu Polymer Ltd (DHA:DESHBANDHU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road - 27, House - 59, Block - K, Mostafa Center, Banani, Dhaka, BGD, 1213

Website

https://www.deshbandhupolymer.com

Deshbandhu Polymer Ltd is a Bangladesh based manufacturer of PP woven bags and liner. The products are suitable for packing food grain, wheat flour, chemicals, cattle feed, fish feed, sugar, fertilizer and many more things.

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