Golden Harvest Agro Industries (DHA:GHAIL) Days Payable: 3.42 (As of Mar. 2026) — 84% Below Median

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DHA:GHAIL Golden Harvest Agro Industries Ltd DHA:GHAIL
76 GF Score
Price BDT15.10
GF Value BDT14.47
Valuation Fairly Valued
! 7 Warning Signs
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What is Golden Harvest Agro Industries Days Payable?

Golden Harvest Agro Industries DHA:GHAIL -1.95% 76 Days Payable is 3.42 as of Mar. 2026, which is 84% below its 10-year median of 21.78. GuruFocus rates DHA:GHAIL with a GF Score™ of 76/100 and a GF Value™ of BDT14.47 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Golden Harvest Agro Industries ranks better than 51.37% on this metric.

Golden Harvest Agro Industries's average Accounts Payable for the three months ended in Mar. 2026 was BDT3.6 Mil. Golden Harvest Agro Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT97.3 Mil. Hence, Golden Harvest Agro Industries's Days Payable for the three months ended in Mar. 2026 was 3.42.

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

DHA:GHAIL' s Days Payable Range Over the Past 10 Years
Min: 13.82   Med: 21.78   Max: 45.26
Current: 45.26

During the past 12 years, Golden Harvest Agro Industries's highest Days Payable was 45.26. The lowest was 13.82. And the median was 21.78.

DHA:GHAIL's Days Payable is ranked better than
51.37% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs DHA:GHAIL: 45.26

Golden Harvest Agro Industries's Days Payable declined from Mar. 2025 (94.91) to Mar. 2026 (3.42). It may suggest that Golden Harvest Agro Industries accelerated paying its suppliers.


Golden Harvest Agro Industries Days Payable Historical Data

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The historical data trend for Golden Harvest Agro 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.

Golden Harvest Agro Industries Days Payable Chart

Golden Harvest Agro Industries 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 30.22 17.56 13.82 13.88 30.31

Golden Harvest Agro Industries 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 94.91 64.06 47.08 35.51 3.42

DHA:GHAIL vs KHC, GIS, HRL: Days Payable Comparison

For the Packaged Foods subindustry, Golden Harvest Agro 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.


Golden Harvest Agro Industries Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Golden Harvest Agro Industries's Days Payable falls into.


DHA:GHAIL
76GF Score
Golden Harvest Agro Industries Ltd DHA:GHAIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Harvest Agro 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.

Golden Harvest Agro Industries'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
=( (19.14 + 63.436) / 2 ) / 497.214*365
=41.288 / 497.214*365
=30.31

Golden Harvest Agro Industries'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
=( (4.254 + 3.03) / 2 ) / 97.297*365 / 4
=3.642 / 97.297*365 / 4
=3.42

* 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 3.42 mean?
Golden Harvest Agro Industries (DHA:GHAIL) has a Days Payable of 3.42 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 Golden Harvest Agro Industries and its competitors. This is 84% below median its historical median of 21.78. Over the past decade, Golden Harvest Agro Industries' Days Payable has ranged from 13.82 to 45.26. According to the industry distribution chart, Golden Harvest Agro Industries ranks #921 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 48.6%.
Is Golden Harvest Agro Industries' Days Payable too high?
Golden Harvest Agro Industries' current Days Payable of 3.42 is 84% below median its 10-year median of 21.78. Over the past 10 years, this metric has ranged from a low of 13.82 to a high of 45.26. The Consumer Packaged Goods industry median Days Payable is 44.15. Golden Harvest Agro Industries' value of 3.42 is 92.3% below this industry median. Based on the distribution chart, Golden Harvest Agro Industries ranks #921 out of 1894 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Golden Harvest Agro Industries has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Golden Harvest Agro Industries' Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Golden Harvest Agro Industries ranks #921 out of 1894 companies for Days Payable. This puts Golden Harvest Agro Industries in the upper half of its industry. The industry median Days Payable is 44.15. Golden Harvest Agro Industries' value of 3.42 is 92.3% below this benchmark. Historically, Golden Harvest Agro Industries' own Days Payable has ranged from 13.82 to 45.26 over the past decade. While the company's 10-year median is 21.78 vs. the industry median of 44.15, Golden Harvest Agro Industries 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,894 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. Golden Harvest Agro Industries's current Days Payable of 3.42 is 92.3% 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 Golden Harvest Agro Industries and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Harvest Agro Industries's current Days Payable is 3.42, which is 84% below median its own 10-year median of 21.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Harvest Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Golden Harvest Agro Industries (DHA:GHAIL) is currently considered Fairly Valued. The stock's GF Value™ is BDT14.47, compared to a current price of BDT15.10 — trading 4.4% above its estimated fair value. The current Days Payable is 3.42, which is 84% below median its 10-year median of 21.78 and 92.3% below the Consumer Packaged Goods industry median of 44.15. Golden Harvest Agro Industries' overall GF Score™ is 76/100 with 7 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 Golden Harvest Agro Industries (DHA:GHAIL), the current Days Payable is 3.42 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 Golden Harvest Agro Industries (DHA:GHAIL) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Harvest Agro Industries stock appears to be overvalued. The current stock price of BDT15.10 is trading 4.4% above its estimated GF Value™ of BDT14.47. GuruFocus considers Golden Harvest Agro Industries to be Fairly Valued.

Key valuation signals for DHA:GHAIL:

  • Days Payable: 3.42 (84% below median its 10-year median of 21.78)
  • GF Value™: BDT14.47 vs. price of BDT15.10 (4.4% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 92.3% below the Consumer Packaged Goods median (#921 of 1894)

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


Golden Harvest Agro Industries Business Description

Address 186, Gulshan -Tejgaon Link Road, S/501 & 502, Shanta Western Tower, Level-5, Tejgoan Industrial Area, Dhaka, BGD, 1208
Golden Harvest Agro Industries Ltd engages in owning and controlling a frozen food processing plant. The company offers frozen food products, including vegetables, ready-to-eat foods, finger foods, and other products, as well as ice cream and milk. It is also involved in vegetable processing activities. The company's business activities include growing, procuring, purchasing, processing, packaging, warehousing, transporting, exporting, importing, distributing, and selling its products. The company operates in two segments: frozen snacks and dairy, with the majority of its revenue derived from the frozen snacks segment.
76GF Score

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

BDT15.10
Price
BDT14.47
GF Value