Fortune Shoes (DHA:FORTUNE) Days Payable: 0.00 (As of . 20)


DHA:FORTUNE Fortune Shoes Ltd DHA:FORTUNE
28 GF Score
Price BDT17.40
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What is Fortune Shoes Days Payable?

Fortune Shoes DHA:FORTUNE -0.57% 28 Days Payable is 0.00 as of . 20. GuruFocus rates DHA:FORTUNE with a GF Score™ of 28/100. Among 1,016 Manufacturing - Apparel & Accessories companies, Fortune Shoes ranks worse than 98425.1% on this metric.

Fortune Shoes's average Accounts Payable for the six months ended in . 20 was BDT0.00 Mil. Fortune Shoes's Cost of Goods Sold for the six months ended in . 20 was BDT0.00 Mil.

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

DHA:FORTUNE's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.045
* Ranked among companies with meaningful Days Payable only.

Fortune Shoes's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

Fortune Shoes Days Payable Historical Data

* Premium members only.

The historical data trend for Fortune Shoes'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.

Fortune Shoes Days Payable Chart

Fortune Shoes Annual Data
Trend
Days Payable

Fortune Shoes Semi-Annual Data
Days Payable

Fortune Shoes Days Payable Competitor Comparison

For the Footwear & Accessories subindustry, Fortune Shoes'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.

Fortune Shoes Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Fortune Shoes's Days Payable falls into.


DHA:FORTUNE
28GF Score
Fortune Shoes Ltd DHA:FORTUNE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Shoes 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.

Fortune Shoes's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Fortune Shoes's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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 0.00 mean?
Fortune Shoes (DHA:FORTUNE) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fortune Shoes and its competitors. According to the industry distribution chart, Fortune Shoes ranks #999999 out of 1016 companies in the Manufacturing - Apparel & Accessories industry.
Is Fortune Shoes' Days Payable too high?
Fortune Shoes' current Days Payable is 0.00. Based on the distribution chart, Fortune Shoes ranks #999999 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Fortune Shoes has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Shoes' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fortune Shoes ranks #999999 out of 1016 companies for Days Payable. This places Fortune Shoes in the lower half of its industry. The industry median Days Payable is 54.05. 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 1,016 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. 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 Fortune Shoes 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. Fortune Shoes's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Shoes stock overvalued right now?
Fortune Shoes (DHA:FORTUNE) has a current Days Payable of 0.00. The current Days Payable is 0.00. Fortune Shoes' overall GF Score™ is 28/100. 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 Fortune Shoes (DHA:FORTUNE), the current Days Payable is 0.00 as of . 20. 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.

Fortune Shoes Business Description

Address Road No. 08, Plot No. 34 & 36, Block E, Suite C-3, Moon Island, Gulshan-1, Niketon, Dhaka, BGD, 1212
Fortune Shoes Ltd is engaged in manufacturing and exporting leather shoes and footwear.
28GF Score

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

BDT17.40
Price