Linde Bangladesh (DHA:LINDEBD) Days Payable : 66.56 (As of Sep. 2023)

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What is Linde Bangladesh Days Payable?

Linde Bangladesh's average Accounts Payable for the three months ended in Sep. 2023 was BDT554 Mil. Linde Bangladesh's Cost of Goods Sold for the three months ended in Sep. 2023 was BDT759 Mil. Hence, Linde Bangladesh's Days Payable for the three months ended in Sep. 2023 was 66.56.

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

DHA:LINDEBD' s Days Payable Range Over the Past 10 Years
Min: 8.53 Med: 20.65 Max: 61.24
Current: 61.24

During the past 10 years, Linde Bangladesh's highest Days Payable was 61.24. The lowest was 8.53. And the median was 20.65.

DHA:LINDEBD's Days Payable is ranked better than
50.6% of 1502 companies
in the Chemicals industry
Industry Median: 60.4 vs DHA:LINDEBD: 61.24

Linde Bangladesh's Days Payable increased from Sep. 2022 (32.74) to Sep. 2023 (66.56). It may suggest that Linde Bangladesh delayed paying its suppliers.

Linde Bangladesh Days Payable Historical Data

The historical data trend for Linde Bangladesh'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.

Linde Bangladesh Days Payable Chart

Linde Bangladesh Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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10.35

15.50

32.43

32.70

35.47

Linde Bangladesh Quarterly Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															32.74	39.56	60.86	91.33	66.56

Competitive Comparison of Linde Bangladesh's Days Payable

For the Specialty Chemicals subindustry, Linde Bangladesh'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.

Linde Bangladesh's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde Bangladesh's Days Payable distribution charts can be found below:

* The bar in red indicates where Linde Bangladesh's Days Payable falls into.

Linde Bangladesh 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.

Linde Bangladesh'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
=	( (241.15	+	316.011)	/	2 )	/	2866.641	*	365
=	278.5805					/	2866.641	*	365
=	35.47

Linde Bangladesh'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (601.093	+	506.209)	/	2 )	/	758.992	*	365 / 4
=	553.651					/	758.992	*	365 / 4
=	66.56

Linde Bangladesh Days Payable Related Terms

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

Linde Bangladesh (DHA:LINDEBD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Linde Bangladesh Ltd (DHA:LINDEBD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

285 Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

http://www.linde.com.bd

Linde Bangladesh Ltd is engaged in providing gas and engineering solutions. The company manufactures and supply of industrial and medical gases, welding products and equipment, and ancillary equipment. The company segments include Bulk gases, Package gases and products (PG&P), and Healthcare. The company generates maximum revenue from the Package gases and products segment through which it manufactures and supplies industrial compressed packaged gases and wielding goods which include compressed industrial oxygen, dissolved acetylene, nitrogen, argon, carbon dioxide, and electrodes. Its products include Industrial gases, Hardgoods filler materials and equipment, and medical gases and equipment.

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