Deshbandhu Polymer (DHA:DESHBANDHU) Days Payable: 4.02 (As of Mar. 2026) — 106% Above Median

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:DESHBANDHU Deshbandhu Polymer Ltd DHA:DESHBANDHU
51 GF Score
Price BDT18.90
GF Value BDT4.11
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Deshbandhu Polymer Days Payable?

Deshbandhu Polymer DHA:DESHBANDHU -1.05% 51 Days Payable is 4.02 as of Mar. 2026, which is 106% above its 10-year median of 1.95. GuruFocus rates DHA:DESHBANDHU with a GF Score™ of 51/100 and a GF Value™ of BDT4.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 390 Packaging & Containers companies, Deshbandhu Polymer ranks worse than 99.74% on this metric.

Deshbandhu Polymer's average Accounts Payable for the three months ended in Mar. 2026 was BDT1.0 Mil. Deshbandhu Polymer's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT23.1 Mil. Hence, Deshbandhu Polymer's Days Payable for the three months ended in Mar. 2026 was 4.02.

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

DHA:DESHBANDHU' s Days Payable Range Over the Past 10 Years
Min: 0.67   Med: 1.95   Max: 9.46
Current: 2.59

During the past 13 years, Deshbandhu Polymer's highest Days Payable was 9.46. The lowest was 0.67. And the median was 1.95.

DHA:DESHBANDHU's Days Payable is ranked worse than
99.74% of 390 companies
in the Packaging & Containers industry
Industry Median: 57.94 vs DHA:DESHBANDHU: 2.59

Deshbandhu Polymer's Days Payable declined from Mar. 2025 (59.73) to Mar. 2026 (4.02). It may suggest that Deshbandhu Polymer accelerated paying its suppliers.


Deshbandhu Polymer Days Payable Historical Data

* Premium members only.

The historical data trend for Deshbandhu Polymer'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.

Deshbandhu Polymer Days Payable Chart

Deshbandhu Polymer 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 1.57 0.80 0.67 0.99 1.34

Deshbandhu Polymer 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 59.73 1.67 2.73 3.25 4.02

DHA:DESHBANDHU vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Deshbandhu Polymer'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.


Deshbandhu Polymer Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Deshbandhu Polymer's Days Payable distribution charts can be found below:

* The bar in red indicates where Deshbandhu Polymer's Days Payable falls into.


DHA:DESHBANDHU
51GF Score
Deshbandhu Polymer Ltd DHA:DESHBANDHU
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deshbandhu Polymer 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.

Deshbandhu Polymer'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
=( (1.118 + 1.074) / 2 ) / 299.369*365
=1.096 / 299.369*365
=1.34

Deshbandhu Polymer'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
=( (1.181 + 0.853) / 2 ) / 23.084*365 / 4
=1.017 / 23.084*365 / 4
=4.02

* 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 4.02 mean?
Deshbandhu Polymer (DHA:DESHBANDHU) has a Days Payable of 4.02 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 Deshbandhu Polymer and its competitors. This is 106% above median its historical median of 1.95. Over the past decade, Deshbandhu Polymer's Days Payable has ranged from 0.67 to 9.46. According to the industry distribution chart, Deshbandhu Polymer ranks #389 out of 390 companies in the Packaging & Containers industry, placing it in the top 99.7%.
Is Deshbandhu Polymer's Days Payable too high?
Deshbandhu Polymer's current Days Payable of 4.02 is 106% above median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 9.46. The Packaging & Containers industry median Days Payable is 57.94. Deshbandhu Polymer's value of 4.02 is 93.1% below this industry median. Based on the distribution chart, Deshbandhu Polymer ranks #389 out of 390 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Deshbandhu Polymer has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deshbandhu Polymer's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Deshbandhu Polymer ranks #389 out of 390 companies for Days Payable. This places Deshbandhu Polymer in the lower half of its industry. The industry median Days Payable is 57.94. Deshbandhu Polymer's value of 4.02 is 93.1% below this benchmark. Historically, Deshbandhu Polymer's own Days Payable has ranged from 0.67 to 9.46 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 57.94, Deshbandhu Polymer has consistently been below 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.94, based on 390 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. Deshbandhu Polymer's current Days Payable of 4.02 is 93.1% below 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 Deshbandhu Polymer and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deshbandhu Polymer's current Days Payable is 4.02, which is 106% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deshbandhu Polymer stock overvalued right now?
Based on GuruFocus' analysis, Deshbandhu Polymer (DHA:DESHBANDHU) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT4.11, compared to a current price of BDT18.90 — trading 359.9% above its estimated fair value. The current Days Payable is 4.02, which is 106% above median its 10-year median of 1.95 and 93.1% below the Packaging & Containers industry median of 57.94. Deshbandhu Polymer's overall GF Score™ is 51/100 with 6 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 Deshbandhu Polymer (DHA:DESHBANDHU), the current Days Payable is 4.02 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 Deshbandhu Polymer (DHA:DESHBANDHU) Overvalued in 2026?

Based on GuruFocus' analysis, Deshbandhu Polymer stock appears to be overvalued. The current stock price of BDT18.90 is trading 359.9% above its estimated GF Value™ of BDT4.11. GuruFocus considers Deshbandhu Polymer to be Significantly Overvalued.

Key valuation signals for DHA:DESHBANDHU:

  • Days Payable: 4.02 (106% above median its 10-year median of 1.95)
  • GF Value™: BDT4.11 vs. price of BDT18.90 (359.9% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 93.1% below the Packaging & Containers median (#389 of 390)

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


Deshbandhu Polymer Business Description

Address Road - 27, House - 59, Block - K, Mostafa Center, Banani, Dhaka, BGD, 1213
Deshbandhu Polymer Ltd is a Bangladesh based manufacturer of PP woven bags and liners. The products are suitable for packing food grain, wheat flour, chemicals, cattle feed, fish feed, sugar, fertilizer, and many more things.
51GF Score

Get the complete analysis for DHA:DESHBANDHU

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

BDT18.90
Price
BDT4.11
GF Value