Bangladesh Shipping (DHA:BSC) Days Payable: 64.48 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:BSC Bangladesh Shipping Corp DHA:BSC
90 GF Score
Price BDT113.80
GF Value BDT125.98
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Bangladesh Shipping Days Payable?

Bangladesh Shipping DHA:BSC +1.61% 90 Days Payable is 64.48 as of Mar. 2026. GuruFocus rates DHA:BSC with a GF Score™ of 90/100 and a GF Value™ of BDT125.98 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 979 Transportation companies, Bangladesh Shipping ranks worse than 102144.94% on this metric.

Bangladesh Shipping's average Accounts Payable for the three months ended in Mar. 2026 was BDT507 Mil. Bangladesh Shipping's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT718 Mil. Hence, Bangladesh Shipping's Days Payable for the three months ended in Mar. 2026 was 64.48.

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

DHA:BSC's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.24
* Ranked among companies with meaningful Days Payable only.

Bangladesh Shipping's Days Payable declined from Mar. 2025 (181.99) to Mar. 2026 (64.48). It may suggest that Bangladesh Shipping accelerated paying its suppliers.


Bangladesh Shipping Days Payable Historical Data

* Premium members only.

The historical data trend for Bangladesh Shipping'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.

Bangladesh Shipping Days Payable Chart

Bangladesh Shipping 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 - 159.97 97.41 227.21 150.84

Bangladesh Shipping 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 181.99 102.33 156.55 103.60 64.48

Bangladesh Shipping Days Payable Competitor Comparison

For the Marine Shipping subindustry, Bangladesh Shipping'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.


Bangladesh Shipping Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Bangladesh Shipping's Days Payable distribution charts can be found below:

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


DHA:BSC
90GF Score
Bangladesh Shipping Corp DHA:BSC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangladesh Shipping 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.

Bangladesh Shipping'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
=( (1467.761255 + 863.497326) / 2 ) / 2820.647041*365
=1165.6292905 / 2820.647041*365
=150.84

Bangladesh Shipping'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
=( (533.375853 + 480.969994) / 2 ) / 717.725492*365 / 4
=507.1729235 / 717.725492*365 / 4
=64.48

* 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 64.48 mean?
Bangladesh Shipping (DHA:BSC) has a Days Payable of 64.48 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 Bangladesh Shipping and its competitors. According to the industry distribution chart, Bangladesh Shipping ranks #999999 out of 979 companies in the Transportation industry.
Is Bangladesh Shipping's Days Payable too high?
Bangladesh Shipping's current Days Payable is 64.48. The Transportation industry median Days Payable is 38.24. Bangladesh Shipping's value of 64.48 is 68.6% above this industry median. Based on the distribution chart, Bangladesh Shipping ranks #999999 out of 979 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Bangladesh Shipping has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangladesh Shipping's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Bangladesh Shipping ranks #999999 out of 979 companies for Days Payable. This places Bangladesh Shipping in the lower half of its industry. The industry median Days Payable is 38.24. Bangladesh Shipping's value of 64.48 is 68.6% above this benchmark. 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 Transportation company?
The median Days Payable among Transportation companies is 38.24, based on 979 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. Bangladesh Shipping's current Days Payable of 64.48 is 68.6% 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 Bangladesh Shipping and its competitors. For the Transportation industry, the median Days Payable is 38.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangladesh Shipping's current Days Payable is 64.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangladesh Shipping stock overvalued right now?
Based on GuruFocus' analysis, Bangladesh Shipping (DHA:BSC) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT125.98, compared to a current price of BDT113.80 — trading 9.7% below its estimated fair value. The current Days Payable is 64.48 and 68.6% above the Transportation industry median of 38.24. Bangladesh Shipping's overall GF Score™ is 90/100 with 1 warning sign 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 Bangladesh Shipping (DHA:BSC), the current Days Payable is 64.48 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 Bangladesh Shipping (DHA:BSC) Overvalued in 2026?

Based on GuruFocus' analysis, Bangladesh Shipping stock appears to be undervalued. The current stock price of BDT113.80 is trading 9.7% below its estimated GF Value™ of BDT125.98. GuruFocus considers Bangladesh Shipping to be Modestly Undervalued.

Key valuation signals for DHA:BSC:

  • Days Payable: 64.48
  • GF Value™: BDT125.98 vs. price of BDT113.80 (9.7% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 68.6% above the Transportation median (#999999 of 979)

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


Bangladesh Shipping Business Description

Address Saltgola Road, P.O. Box no. 641, BSC Bhaban, Chattogram, BGD, 4100
Bangladesh Shipping Corp is the national flag carrier engaged in shipping and ancillary businesses on International routes. Its Services are Liner Service, Chartering & Tramping service, Feeder Service, Crude Oil Carrying, Crude Oil Lightening, Food Grain Carrying, Food Grain Lightening, Agency Service, and Ship Repair.
90GF Score

Get the complete analysis for DHA:BSC

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

BDT113.80
Price
BDT125.98
GF Value