Generation Next Fashions (DHA:GENNEXT) Days Payable : 10.37 (As of Dec. 2023)

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What is Generation Next Fashions Days Payable?

Generation Next Fashions's average Accounts Payable for the three months ended in Dec. 2023 was BDT101 Mil. Generation Next Fashions's Cost of Goods Sold for the three months ended in Dec. 2023 was BDT886 Mil. Hence, Generation Next Fashions's Days Payable for the three months ended in Dec. 2023 was 10.37.

The historical rank and industry rank for Generation Next Fashions's Days Payable or its related term are showing as below:

DHA:GENNEXT' s Days Payable Range Over the Past 10 Years
Min: 2.82 Med: 3.76 Max: 8.78
Current: 8.78

During the past 12 years, Generation Next Fashions's highest Days Payable was 8.78. The lowest was 2.82. And the median was 3.76.

DHA:GENNEXT's Days Payable is ranked worse than
95.31% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.345 vs DHA:GENNEXT: 8.78

Generation Next Fashions's Days Payable increased from Dec. 2022 (6.88) to Dec. 2023 (10.37). It may suggest that Generation Next Fashions delayed paying its suppliers.

Generation Next Fashions Days Payable Historical Data

The historical data trend for Generation Next Fashions'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.

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Generation Next Fashions Days Payable Chart

Generation Next Fashions Annual Data

Trend

Dec14

Dec15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

2.82

5.32

3.83

3.66

3.69

Generation Next Fashions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															6.88	6.09	9.40	11.99	10.37

Competitive Comparison of Generation Next Fashions's Days Payable

For the Apparel Manufacturing subindustry, Generation Next Fashions'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.

Generation Next Fashions's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Generation Next Fashions's Days Payable falls into.

Generation Next Fashions 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.

Generation Next Fashions'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
=	( (51.982	+	53.312)	/	2 )	/	5207.23	*	365
=	52.647					/	5207.23	*	365
=	3.69

Generation Next Fashions'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
=	( (107.382	+	93.826)	/	2 )	/	885.544	*	365 / 4
=	100.604					/	885.544	*	365 / 4
=	10.37

Generation Next Fashions Days Payable Related Terms

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Generation Next Fashions (DHA:GENNEXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Generation Next Fashions Ltd (DHA:GENNEXT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 348, Road No. 5, DOHS Baridhara, Dhaka, BGD, 1206

Website

https://www.gnf-bd.com

Generation Next Fashions Ltd is a textile and apparel company. The company is engaged in the knitting, dying, and manufacturing of textiles and readymade garments. The company offers wearable goods for Men, Women, and Kids. It offers products such as T-shirts, trousers, hoodies, jackets, nightwear, and others.

Generation Next Fashions (DHA:GENNEXT) Headlines

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