ACI Formulations (DHA:ACIFORMULA) Days Payable: 12.79 (As of Mar. 2026) — Near Median

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DHA:ACIFORMULA ACI Formulations PLC DHA:ACIFORMULA
88 GF Score
Price BDT172.00
GF Value BDT149.51
Valuation Modestly Overvalued
! 8 Warning Signs
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What is ACI Formulations Days Payable?

ACI Formulations DHA:ACIFORMULA +1.42% 88 Days Payable is 12.79 as of Mar. 2026, which is 9% below its 10-year median of 13.99. GuruFocus rates DHA:ACIFORMULA with a GF Score™ of 88/100 and a GF Value™ of BDT149.51 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 245 Agriculture companies, ACI Formulations ranks worse than 93.88% on this metric.

ACI Formulations's average Accounts Payable for the three months ended in Mar. 2026 was BDT133 Mil. ACI Formulations's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT951 Mil. Hence, ACI Formulations's Days Payable for the three months ended in Mar. 2026 was 12.79.

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

DHA:ACIFORMULA' s Days Payable Range Over the Past 10 Years
Min: 8.64   Med: 13.99   Max: 20.45
Current: 11.69

During the past 13 years, ACI Formulations's highest Days Payable was 20.45. The lowest was 8.64. And the median was 13.99.

DHA:ACIFORMULA's Days Payable is ranked worse than
93.88% of 245 companies
in the Agriculture industry
Industry Median: 72.56 vs DHA:ACIFORMULA: 11.69

ACI Formulations's Days Payable increased from Mar. 2025 (10.53) to Mar. 2026 (12.79). It may suggest that ACI Formulations delayed paying its suppliers.


ACI Formulations Days Payable Historical Data

* Premium members only.

The historical data trend for ACI Formulations'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.

ACI Formulations Days Payable Chart

ACI Formulations Annual Data
Trend Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.11 13.19 8.64 15.83 20.45

ACI Formulations Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.53 13.58 14.41 10.05 12.79

DHA:ACIFORMULA vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, ACI Formulations'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.


ACI Formulations Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, ACI Formulations's Days Payable distribution charts can be found below:

* The bar in red indicates where ACI Formulations's Days Payable falls into.


DHA:ACIFORMULA
88GF Score
ACI Formulations PLC DHA:ACIFORMULA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ACI Formulations 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.

ACI Formulations's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (228.955 + 163.743) / 2 ) / 3504.811*365
=196.349 / 3504.811*365
=20.45

ACI Formulations's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (148.508 + 118.123) / 2 ) / 951.163*365 / 4
=133.3155 / 951.163*365 / 4
=12.79

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 12.79 mean?
ACI Formulations (DHA:ACIFORMULA) has a Days Payable of 12.79 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ACI Formulations and its competitors. This is near median its historical median of 13.99. Over the past decade, ACI Formulations' Days Payable has ranged from 8.64 to 20.45. According to the industry distribution chart, ACI Formulations ranks #230 out of 245 companies in the Agriculture industry, placing it in the top 93.9%.
Is ACI Formulations' Days Payable too high?
ACI Formulations' current Days Payable of 12.79 is near median its 10-year median of 13.99. Over the past 10 years, this metric has ranged from a low of 8.64 to a high of 20.45. The Agriculture industry median Days Payable is 72.56. ACI Formulations' value of 12.79 is 82.4% below this industry median. Based on the distribution chart, ACI Formulations ranks #230 out of 245 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, ACI Formulations has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACI Formulations' Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, ACI Formulations ranks #230 out of 245 companies for Days Payable. This places ACI Formulations in the lower half of its industry. The industry median Days Payable is 72.56. ACI Formulations' value of 12.79 is 82.4% below this benchmark. Historically, ACI Formulations' own Days Payable has ranged from 8.64 to 20.45 over the past decade. While the company's 10-year median is 13.99 vs. the industry median of 72.56, ACI Formulations has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Agriculture company?
The median Days Payable among Agriculture companies is 72.56, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ACI Formulations's current Days Payable of 12.79 is 82.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ACI Formulations and its competitors. For the Agriculture industry, the median Days Payable is 72.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACI Formulations's current Days Payable is 12.79, which is near median its own 10-year median of 13.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACI Formulations stock overvalued right now?
Based on GuruFocus' analysis, ACI Formulations (DHA:ACIFORMULA) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT149.51, compared to a current price of BDT172.00 — trading 15% above its estimated fair value. The current Days Payable is 12.79, which is near median its 10-year median of 13.99 and 82.4% below the Agriculture industry median of 72.56. ACI Formulations' overall GF Score™ is 88/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For ACI Formulations (DHA:ACIFORMULA), the current Days Payable is 12.79 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ACI Formulations (DHA:ACIFORMULA) Overvalued in 2026?

Based on GuruFocus' analysis, ACI Formulations stock appears to be overvalued. The current stock price of BDT172.00 is trading 15% above its estimated GF Value™ of BDT149.51. GuruFocus considers ACI Formulations to be Modestly Overvalued.

Key valuation signals for DHA:ACIFORMULA:

  • Days Payable: 12.79 (near median its 10-year median of 13.99)
  • GF Value™: BDT149.51 vs. price of BDT172.00 (15% above fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 82.4% below the Agriculture median (#230 of 245)

No single metric tells the full story. See the DHA:ACIFORMULA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACI Formulations Business Description

Address ACI Centre, 245, Tejgaon Industrial Area, Dhaka, BGD, 1208
ACI Formulations PLC is engaged in the manufacturing and marketing of several agrochemical and consumer products. The company offers a complete range of cost-effective solutions for farmers through formulating and marketing insecticides, herbicides, fungicides, miticides, etc. Its businesses are Pharmaceuticals, Salt, Skincare & Antiseptics, Kitchen Care, Fabric Care, Surface Care, Herbal Care, Lavatory Care, and Others. The group's reportable segments are Crop Care and Public Health (CC & PH), which include manufacturing and selling crop care and public health products; Mosquito coil (M. Coil) includes manufacturing and selling mosquito coil products; Aerosol provides manufacturing and selling aerosol and air freshener products; and Paint covers manufacture and sell paint products.
88GF Score

Get the complete analysis for DHA:ACIFORMULA

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT172.00
Price
BDT149.51
GF Value