Aftab Automobiles (DHA:AFTABAUTO) Days Payable: 106.13 (As of Mar. 2026) — 60% Above Median


DHA:AFTABAUTO Aftab Automobiles Ltd DHA:AFTABAUTO
66 GF Score
Price BDT30.70
GF Value BDT37.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Aftab Automobiles Days Payable?

Aftab Automobiles DHA:AFTABAUTO -2.23% 66 Days Payable is 106.13 as of Mar. 2026, which is 60% above its 10-year median of 66.48. GuruFocus rates DHA:AFTABAUTO with a GF Score™ of 66/100 and a GF Value™ of BDT37.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Aftab Automobiles ranks better than 63.21% on this metric.

Aftab Automobiles's average Accounts Payable for the three months ended in Mar. 2026 was BDT184.6 Mil. Aftab Automobiles's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT158.8 Mil. Hence, Aftab Automobiles's Days Payable for the three months ended in Mar. 2026 was 106.13.

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

DHA:AFTABAUTO' s Days Payable Range Over the Past 10 Years
Min: 64.72   Med: 66.48   Max: 87.65
Current: 87.65

During the past 13 years, Aftab Automobiles's highest Days Payable was 87.65. The lowest was 64.72. And the median was 66.48.

DHA:AFTABAUTO's Days Payable is ranked better than
63.21% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs DHA:AFTABAUTO: 87.65

Aftab Automobiles's Days Payable increased from Mar. 2025 (4.12) to Mar. 2026 (106.13). It may suggest that Aftab Automobiles delayed paying its suppliers.


Aftab Automobiles Days Payable Historical Data

* Premium members only.

The historical data trend for Aftab Automobiles'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.

Aftab Automobiles Days Payable Chart

Aftab Automobiles Annual Data
Trend Aug15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 64.72 68.24

Aftab Automobiles 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 4.12 46.17 137.68 104.61 106.13

DHA:AFTABAUTO vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Aftab Automobiles'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.


Aftab Automobiles Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aftab Automobiles's Days Payable distribution charts can be found below:

* The bar in red indicates where Aftab Automobiles's Days Payable falls into.


DHA:AFTABAUTO
66GF Score
Aftab Automobiles Ltd DHA:AFTABAUTO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aftab Automobiles 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.

Aftab Automobiles'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
=( (61.976 + 170.7) / 2 ) / 622.262*365
=116.338 / 622.262*365
=68.24

Aftab Automobiles'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
=( (174.442 + 194.852) / 2 ) / 158.756*365 / 4
=184.647 / 158.756*365 / 4
=106.13

* 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 106.13 mean?
Aftab Automobiles (DHA:AFTABAUTO) has a Days Payable of 106.13 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 Aftab Automobiles and its competitors. This is 60% above median its historical median of 66.48. Over the past decade, Aftab Automobiles' Days Payable has ranged from 64.72 to 87.65. According to the industry distribution chart, Aftab Automobiles ranks #482 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 36.8%.
Is Aftab Automobiles' Days Payable too high?
Aftab Automobiles' current Days Payable of 106.13 is 60% above median its 10-year median of 66.48. Over the past 10 years, this metric has ranged from a low of 64.72 to a high of 87.65. The Vehicles & Parts industry median Days Payable is 67.02. Aftab Automobiles' value of 106.13 is 58.4% above this industry median. Based on the distribution chart, Aftab Automobiles ranks #482 out of 1310 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Aftab Automobiles has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aftab Automobiles' Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Aftab Automobiles ranks #482 out of 1310 companies for Days Payable. This puts Aftab Automobiles in the upper half of its industry. The industry median Days Payable is 67.02. Aftab Automobiles' value of 106.13 is 58.4% above this benchmark. Historically, Aftab Automobiles' own Days Payable has ranged from 64.72 to 87.65 over the past decade. While the company's 10-year median is 66.48 vs. the industry median of 67.02, Aftab Automobiles has consistently been above 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Aftab Automobiles's current Days Payable of 106.13 is 58.4% above 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 Aftab Automobiles and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aftab Automobiles's current Days Payable is 106.13, which is 60% above median its own 10-year median of 66.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aftab Automobiles stock overvalued right now?
Based on GuruFocus' analysis, Aftab Automobiles (DHA:AFTABAUTO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT37.42, compared to a current price of BDT30.70 — trading 18% below its estimated fair value. The current Days Payable is 106.13, which is 60% above median its 10-year median of 66.48 and 58.4% above the Vehicles & Parts industry median of 67.02. Aftab Automobiles' overall GF Score™ is 66/100 with 4 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 Aftab Automobiles (DHA:AFTABAUTO), the current Days Payable is 106.13 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 Aftab Automobiles (DHA:AFTABAUTO) Overvalued in 2026?

Based on GuruFocus' analysis, Aftab Automobiles stock appears to be undervalued. The current stock price of BDT30.70 is trading 18% below its estimated GF Value™ of BDT37.42. GuruFocus considers Aftab Automobiles to be Modestly Undervalued.

Key valuation signals for DHA:AFTABAUTO:

  • Days Payable: 106.13 (60% above median its 10-year median of 66.48)
  • GF Value™: BDT37.42 vs. price of BDT30.70 (18% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 58.4% above the Vehicles & Parts median (#482 of 1310)

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


Aftab Automobiles Business Description

Address 205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208
Aftab Automobiles Ltd is mainly a vehicle assembler and bus body fabricator operating in Bangladesh. The company has been assembling Toyota and Hino vehicles. Its activities include assembling Toyota Land Cruiser soft top and pick up, Land Cruiser Prado, Hino bus, and Hino mini bus and truck chassis, with a yearly production capacity in three shifts. Presently, the company is mainly engaged in assembling Hino bus chassis and bus body fabrication, including luxury buses that operate on routes across the country as well as international routes. The company operates through three operating segments, namely the assembling unit, motorcycle unit, and body unit, with the majority of revenue generated from the assembling unit. The company operates in Bangladesh.
66GF Score

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

BDT30.70
Price
BDT37.42
GF Value