Berger Paints Bangladesh (DHA:BERGERPBL) Days Payable: 106.62 (As of Sep. 2025) — 113% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:BERGERPBL Berger Paints Bangladesh Ltd DHA:BERGERPBL
91 GF Score
Price BDT1,406.50
GF Value BDT2,008.60
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Berger Paints Bangladesh Days Payable?

Berger Paints Bangladesh DHA:BERGERPBL -0.14% 91 Days Payable is 106.62 as of Sep. 2025, which is 113% above its 10-year median of 50.07. GuruFocus rates DHA:BERGERPBL with a GF Score™ of 91/100 and a GF Value™ of BDT2,008.60 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,554 Chemicals companies, Berger Paints Bangladesh ranks better than 76.64% on this metric.

Berger Paints Bangladesh's average Accounts Payable for the three months ended in Sep. 2025 was BDT4,961 Mil. Berger Paints Bangladesh's Cost of Goods Sold for the three months ended in Sep. 2025 was BDT4,246 Mil. Hence, Berger Paints Bangladesh's Days Payable for the three months ended in Sep. 2025 was 106.62.

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

DHA:BERGERPBL' s Days Payable Range Over the Past 10 Years
Min: 21.86   Med: 50.07   Max: 102.01
Current: 102.01

During the past 10 years, Berger Paints Bangladesh's highest Days Payable was 102.01. The lowest was 21.86. And the median was 50.07.

DHA:BERGERPBL's Days Payable is ranked better than
76.64% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs DHA:BERGERPBL: 102.01

Berger Paints Bangladesh's Days Payable declined from Sep. 2024 (160.77) to Sep. 2025 (106.62). It may suggest that Berger Paints Bangladesh accelerated paying its suppliers.


Berger Paints Bangladesh Days Payable Historical Data

* Premium members only.

The historical data trend for Berger Paints 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.

Berger Paints Bangladesh Days Payable Chart

Berger Paints Bangladesh Annual Data
Trend Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.55 46.98 48.58 87.71 85.03

Berger Paints Bangladesh Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 160.77 126.14 87.58 70.88 106.62

DHA:BERGERPBL vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Berger Paints 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.


Berger Paints Bangladesh Days Payable vs Chemicals Industry

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

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


DHA:BERGERPBL
91GF Score
Berger Paints Bangladesh Ltd DHA:BERGERPBL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Berger Paints 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.

Berger Paints Bangladesh's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (5803.118 + 3246.624) / 2 ) / 19424.481*365
=4524.871 / 19424.481*365
=85.03

Berger Paints Bangladesh's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (4283.064 + 5638.828) / 2 ) / 4245.755*365 / 4
=4960.946 / 4245.755*365 / 4
=106.62

* 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 106.62 mean?
Berger Paints Bangladesh (DHA:BERGERPBL) has a Days Payable of 106.62 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Berger Paints Bangladesh and its competitors. This is 113% above median its historical median of 50.07. Over the past decade, Berger Paints Bangladesh's Days Payable has ranged from 21.86 to 102.01. According to the industry distribution chart, Berger Paints Bangladesh ranks #363 out of 1554 companies in the Chemicals industry, placing it in the top 23.4%.
Is Berger Paints Bangladesh's Days Payable too high?
Berger Paints Bangladesh's current Days Payable of 106.62 is 113% above median its 10-year median of 50.07. Over the past 10 years, this metric has ranged from a low of 21.86 to a high of 102.01. The Chemicals industry median Days Payable is 59.57. Berger Paints Bangladesh's value of 106.62 is 79% above this industry median. Based on the distribution chart, Berger Paints Bangladesh ranks #363 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Berger Paints Bangladesh has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints Bangladesh's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Berger Paints Bangladesh ranks #363 out of 1554 companies for Days Payable. This places Berger Paints Bangladesh in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Berger Paints Bangladesh's value of 106.62 is 79% above this benchmark. Historically, Berger Paints Bangladesh's own Days Payable has ranged from 21.86 to 102.01 over the past decade. While the company's 10-year median is 50.07 vs. the industry median of 59.57, Berger Paints Bangladesh 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. Berger Paints Bangladesh's current Days Payable of 106.62 is 79% 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 Berger Paints Bangladesh and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berger Paints Bangladesh's current Days Payable is 106.62, which is 113% above median its own 10-year median of 50.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berger Paints Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Berger Paints Bangladesh (DHA:BERGERPBL) is currently considered Significantly Undervalued. The stock's GF Value™ is BDT2,008.60, compared to a current price of BDT1,406.50 — trading 30% below its estimated fair value. The current Days Payable is 106.62, which is 113% above median its 10-year median of 50.07 and 79% above the Chemicals industry median of 59.57. Berger Paints Bangladesh's overall GF Score™ is 91/100 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 Berger Paints Bangladesh (DHA:BERGERPBL), the current Days Payable is 106.62 as of Sep. 2025. 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 Berger Paints Bangladesh (DHA:BERGERPBL) Overvalued in 2026?

Based on GuruFocus' analysis, Berger Paints Bangladesh stock appears to be undervalued. The current stock price of BDT1,406.50 is trading 30% below its estimated GF Value™ of BDT2,008.60. GuruFocus considers Berger Paints Bangladesh to be Significantly Undervalued.

Key valuation signals for DHA:BERGERPBL:

  • Days Payable: 106.62 (113% above median its 10-year median of 50.07)
  • GF Value™: BDT2,008.60 vs. price of BDT1,406.50 (30% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 79% above the Chemicals median (#363 of 1554)

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


Berger Paints Bangladesh Business Description

Address Road No. 2, Sector 3, Berger House, House No. 8, Uttara Model Town, Dhaka, BGD, 1230
Berger Paints Bangladesh Ltd is in the paint industry. The principal activities of the company are manufacturing and marketing of liquid and non-liquid paints and varnishes, emulsion and coating, and trading of painting tools. The company also provides decorative and painting-related services. The product range includes specialized outdoor paints to protect against adverse weather conditions, ColorBank, Superior Marine Paints, Textured Coatings, Adhesive, Pre-treatment chemicals, Heat Resistant Paints, Roofing Compounds, and other related products.
91GF Score

Get the complete analysis for DHA:BERGERPBL

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

BDT1,406.50
Price
BDT2,008.60
GF Value