Emerald Oil Industries (DHA:EMERALDOIL) Days Payable: 99.72 (As of Dec. 2023)


DHA:EMERALDOIL Emerald Oil Industries Ltd DHA:EMERALDOIL
30 GF Score
Price BDT21.10
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What is Emerald Oil Industries Days Payable?

Emerald Oil Industries DHA:EMERALDOIL -3.21% 30 Days Payable is 99.72 as of Dec. 2023. GuruFocus rates DHA:EMERALDOIL with a GF Score™ of 30/100.

Emerald Oil Industries's average Accounts Payable for the three months ended in Dec. 2023 was BDT157 Mil. Emerald Oil Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was BDT144 Mil. Hence, Emerald Oil Industries's Days Payable for the three months ended in Dec. 2023 was 99.72.

The historical rank and industry rank for Emerald Oil Industries's Days Payable or its related term are showing as below:

DHA:EMERALDOIL's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.14
* Ranked among companies with meaningful Days Payable only.

Emerald Oil Industries's Days Payable increased from Dec. 2022 (67.24) to Dec. 2023 (99.72). It may suggest that Emerald Oil Industries delayed paying its suppliers.

Emerald Oil Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Emerald Oil Industries'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.

Emerald Oil Industries Days Payable Chart

Emerald Oil Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,987.32 2,042.36 2,270.39 197.80 72.67

Emerald Oil Industries Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Jun18 Jun19 Jun20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 67.24 54.44 51.63 31.58 99.72

DHA:EMERALDOIL vs KHC, GIS, K: Days Payable Comparison

For the Packaged Foods subindustry, Emerald Oil Industries'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.

Emerald Oil Industries Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emerald Oil Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Emerald Oil Industries's Days Payable falls into.


DHA:EMERALDOIL
30GF Score
Emerald Oil Industries Ltd DHA:EMERALDOIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerald Oil Industries 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.

Emerald Oil Industries's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (204.603 + 196.398) / 2 ) / 1007.088*365
=200.5005 / 1007.088*365
=72.67

Emerald Oil Industries's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (185.398 + 129.042) / 2 ) / 143.865*365 / 4
=157.22 / 143.865*365 / 4
=99.72

* 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 99.72 mean?
Emerald Oil Industries (DHA:EMERALDOIL) has a Days Payable of 99.72 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Emerald Oil Industries and its competitors.
Is Emerald Oil Industries' Days Payable too high?
Emerald Oil Industries' current Days Payable is 99.72. The Consumer Packaged Goods industry median Days Payable is 44.14. Emerald Oil Industries' value of 99.72 is 125.9% above this industry median. Overall, Emerald Oil Industries has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Oil Industries' Days Payable compare to KHC and GIS?
Emerald Oil Industries' Days Payable of 99.72 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.14. Emerald Oil Industries' value of 99.72 is 125.9% 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 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. Emerald Oil Industries's current Days Payable of 99.72 is 125.9% 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 Emerald Oil Industries and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Oil Industries's current Days Payable is 99.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Oil Industries stock overvalued right now?
Emerald Oil Industries (DHA:EMERALDOIL) has a current Days Payable of 99.72. The current Days Payable is 99.72 and 125.9% above the Consumer Packaged Goods industry median of 44.14. Emerald Oil Industries' overall GF Score™ is 30/100. 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 Emerald Oil Industries (DHA:EMERALDOIL), the current Days Payable is 99.72 as of Dec. 2023. 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.

Emerald Oil Industries Business Description

Address Halimunnesa's Court (Floor-9), 23, Kakrail, Dhaka, BGD, 1000
Emerald Oil Industries Ltd engages in producing of rice bran oil by processing rice bran collected from local auto rice mills. The company markets its product in its own brand name Spondon Rice Bran Oil. The company offers rice bran oil for use in preparing fried foods, snacks, margarine, salad dressings, baking goods, soaps, and skin creams. The firm also produces various by-products, including De-Oil Rice Bran, Fatty Acid, Wax, Gum and Spent Earth.
30GF Score

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BDT21.10
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