Active Fine Chemicals (DHA:ACTIVEFINE) Days Payable: 0.00 (As of Mar. 2023)


DHA:ACTIVEFINE Active Fine Chemicals Ltd DHA:ACTIVEFINE
10 GF Score
Price BDT7.20
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What is Active Fine Chemicals Days Payable?

Active Fine Chemicals DHA:ACTIVEFINE +2.86% 10 Days Payable is 0.00 as of Mar. 2023. GuruFocus rates DHA:ACTIVEFINE with a GF Score™ of 10/100.

Active Fine Chemicals's average Accounts Payable for the three months ended in Mar. 2023 was BDT0 Mil. Active Fine Chemicals's Cost of Goods Sold for the three months ended in Mar. 2023 was BDT205 Mil. Hence, Active Fine Chemicals's Days Payable for the three months ended in Mar. 2023 was 0.00.

The historical rank and industry rank for Active Fine Chemicals's Days Payable or its related term are showing as below:

DHA:ACTIVEFINE's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.915
* Ranked among companies with meaningful Days Payable only.

Active Fine Chemicals's Days Payable stayed the same from Dec. 2021 (0.00) to Mar. 2023 (0.00). stayed the same

Active Fine Chemicals Days Payable Historical Data

* Premium members only.

The historical data trend for Active Fine Chemicals'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.

Active Fine Chemicals Days Payable Chart

Active Fine Chemicals Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Payable
Get a 7-Day Free Trial Premium Member Only 16.05 6.37 7.78 3.90 3.92

Active Fine Chemicals Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 0.00 0.00 3.45 8.84 0.00

DHA:ACTIVEFINE vs DOW, CE: Days Payable Comparison

For the Chemicals subindustry, Active Fine Chemicals'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.

Active Fine Chemicals Days Payable vs Chemicals Industry

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

* The bar in red indicates where Active Fine Chemicals's Days Payable falls into.


DHA:ACTIVEFINE
10GF Score
Active Fine Chemicals Ltd DHA:ACTIVEFINE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Active Fine Chemicals 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.

Active Fine Chemicals's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

Days Payable (A: Jun. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2021 ) + Accounts Payable (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (11.977 + 15.985) / 2 ) / 1300.282*365
=13.981 / 1300.282*365
=3.92

Active Fine Chemicals's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 205.133*365 / 4
=0 / 205.133*365 / 4
=0.00

* 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 0.00 mean?
Active Fine Chemicals (DHA:ACTIVEFINE) has a Days Payable of 0.00 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Active Fine Chemicals and its competitors.
Is Active Fine Chemicals' Days Payable too high?
Active Fine Chemicals' current Days Payable is 0.00. Overall, Active Fine Chemicals has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Active Fine Chemicals' Days Payable compare to DOW and CE?
Active Fine Chemicals' Days Payable of 0.00 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.92. 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.92, based on 1,560 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. 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 Active Fine Chemicals and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Active Fine Chemicals's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Active Fine Chemicals stock overvalued right now?
Active Fine Chemicals (DHA:ACTIVEFINE) has a current Days Payable of 0.00. The current Days Payable is 0.00. Active Fine Chemicals' overall GF Score™ is 10/100. 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 Active Fine Chemicals (DHA:ACTIVEFINE), the current Days Payable is 0.00 as of Mar. 2023. 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.

Active Fine Chemicals Business Description

Address House number 87-89, Road number 04, Block number B, Niketon, Gulshan-1, Dhaka, BGD, 1212
Active Fine Chemicals Ltd is a Bangladesh based chemical company engaged in manufacturing active pharmaceutical ingredients and laboratory reagents. Its product offerings include azithromycin dihydrate, erythromycin ethyl succinate, erythromycin stearate, pantoprazole sodium sesquihydrate, venlafaxine HCL, sitagliptin phosphate monohydrate, and pregabalin. While it also manufactures laboratory reagents including HPLC Grade solvents, solvents, and powder reagents.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT7.20
Price