Apex Spinning & Knitting Mills (DHA:APEXSPINN) Days Payable: 71.37 (As of Mar. 2026) — 14% Below Median


DHA:APEXSPINN Apex Spinning & Knitting Mills Ltd DHA:APEXSPINN
64 GF Score
Price BDT383.70
GF Value BDT118.69
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Apex Spinning & Knitting Mills Days Payable?

Apex Spinning & Knitting Mills DHA:APEXSPINN -3.93% 64 Days Payable is 71.37 as of Mar. 2026, which is 14% below its 10-year median of 83.21. GuruFocus rates DHA:APEXSPINN with a GF Score™ of 64/100 and a GF Value™ of BDT118.69 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, Apex Spinning & Knitting Mills ranks better than 63.31% on this metric.

Apex Spinning & Knitting Mills's average Accounts Payable for the three months ended in Mar. 2026 was BDT959 Mil. Apex Spinning & Knitting Mills's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT1,227 Mil. Hence, Apex Spinning & Knitting Mills's Days Payable for the three months ended in Mar. 2026 was 71.37.

The historical rank and industry rank for Apex Spinning & Knitting Mills's Days Payable or its related term are showing as below:

DHA:APEXSPINN' s Days Payable Range Over the Past 10 Years
Min: 62.83   Med: 83.21   Max: 95.54
Current: 71.36

During the past 13 years, Apex Spinning & Knitting Mills's highest Days Payable was 95.54. The lowest was 62.83. And the median was 83.21.

DHA:APEXSPINN's Days Payable is ranked better than
63.31% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs DHA:APEXSPINN: 71.36

Apex Spinning & Knitting Mills's Days Payable declined from Mar. 2025 (84.00) to Mar. 2026 (71.37). It may suggest that Apex Spinning & Knitting Mills accelerated paying its suppliers.


Apex Spinning & Knitting Mills Days Payable Historical Data

* Premium members only.

The historical data trend for Apex Spinning & Knitting Mills'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.

Apex Spinning & Knitting Mills Days Payable Chart

Apex Spinning & Knitting Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.83 67.61 95.54 84.77 65.43

Apex Spinning & Knitting Mills 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 84.00 78.71 72.42 62.29 71.37

DHA:APEXSPINN vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Apex Spinning & Knitting Mills'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.


Apex Spinning & Knitting Mills Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Apex Spinning & Knitting Mills's Days Payable distribution charts can be found below:

* The bar in red indicates where Apex Spinning & Knitting Mills's Days Payable falls into.


DHA:APEXSPINN
64GF Score
Apex Spinning & Knitting Mills Ltd DHA:APEXSPINN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex Spinning & Knitting Mills 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.

Apex Spinning & Knitting Mills'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
=( (896.621 + 884.451) / 2 ) / 4967.767*365
=890.536 / 4967.767*365
=65.43

Apex Spinning & Knitting Mills'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
=( (949.713 + 969.258) / 2 ) / 1226.801*365 / 4
=959.4855 / 1226.801*365 / 4
=71.37

* 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 71.37 mean?
Apex Spinning & Knitting Mills (DHA:APEXSPINN) has a Days Payable of 71.37 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 Apex Spinning & Knitting Mills and its competitors. This is 14% below median its historical median of 83.21. Over the past decade, Apex Spinning & Knitting Mills' Days Payable has ranged from 62.83 to 95.54. According to the industry distribution chart, Apex Spinning & Knitting Mills ranks #372 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.7%.
Is Apex Spinning & Knitting Mills' Days Payable too high?
Apex Spinning & Knitting Mills' current Days Payable of 71.37 is 14% below median its 10-year median of 83.21. Over the past 10 years, this metric has ranged from a low of 62.83 to a high of 95.54. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Apex Spinning & Knitting Mills' value of 71.37 is 32.1% above this industry median. Based on the distribution chart, Apex Spinning & Knitting Mills ranks #372 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Apex Spinning & Knitting Mills has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Spinning & Knitting Mills' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Apex Spinning & Knitting Mills ranks #372 out of 1014 companies for Days Payable. This puts Apex Spinning & Knitting Mills in the upper half of its industry. The industry median Days Payable is 54.05. Apex Spinning & Knitting Mills' value of 71.37 is 32.1% above this benchmark. Historically, Apex Spinning & Knitting Mills' own Days Payable has ranged from 62.83 to 95.54 over the past decade. While the company's 10-year median is 83.21 vs. the industry median of 54.05, Apex Spinning & Knitting Mills 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,014 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. Apex Spinning & Knitting Mills's current Days Payable of 71.37 is 32.1% 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 Apex Spinning & Knitting Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Spinning & Knitting Mills's current Days Payable is 71.37, which is 14% below median its own 10-year median of 83.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Spinning & Knitting Mills stock overvalued right now?
Based on GuruFocus' analysis, Apex Spinning & Knitting Mills (DHA:APEXSPINN) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT118.69, compared to a current price of BDT383.70 — trading 223.3% above its estimated fair value. The current Days Payable is 71.37, which is 14% below median its 10-year median of 83.21 and 32.1% above the Manufacturing - Apparel & Accessories industry median of 54.05. Apex Spinning & Knitting Mills' overall GF Score™ is 64/100 with 3 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 Apex Spinning & Knitting Mills (DHA:APEXSPINN), the current Days Payable is 71.37 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 Apex Spinning & Knitting Mills (DHA:APEXSPINN) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Spinning & Knitting Mills stock appears to be overvalued. The current stock price of BDT383.70 is trading 223.3% above its estimated GF Value™ of BDT118.69. GuruFocus considers Apex Spinning & Knitting Mills to be Significantly Overvalued.

Key valuation signals for DHA:APEXSPINN:

  • Days Payable: 71.37 (14% below median its 10-year median of 83.21)
  • GF Value™: BDT118.69 vs. price of BDT383.70 (223.3% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 32.1% above the Manufacturing - Apparel & Accessories median (#372 of 1014)

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


Apex Spinning & Knitting Mills Business Description

Address 18 Gulshan Avenue, Shanta Skymark, Levels 8-13, Gulshan, Dhaka, BGD, 1212
Apex Spinning & Knitting Mills Ltd is a Bangladesh-based company that operates as a manufacturer and exporter of all kinds of textiles and knitted garments. The company is an integrated knitting, dyeing and finishing and garment factory. The company specialises in infant, children's, and women's wear using fabrics produced in-house. ASKML is equipped to produce a wide range of solid dyed, yarn dyed, and all-over printed fabrics using a variety of designs provided by the customer.
64GF Score

Get the complete analysis for DHA:APEXSPINN

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

BDT383.70
Price
BDT118.69
GF Value