Global Heavy Chemicals (DHA:GHCL) Days Payable: 644.14 (As of Mar. 2026) — 21960% Above Median


DHA:GHCL Global Heavy Chemicals Ltd DHA:GHCL
59 GF Score
Price BDT19.80
GF Value BDT5.07
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Global Heavy Chemicals Days Payable?

Global Heavy Chemicals DHA:GHCL 59 Days Payable is 644.14 as of Mar. 2026, which is 21960% above its 10-year median of 2.92. GuruFocus rates DHA:GHCL with a GF Score™ of 59/100 and a GF Value™ of BDT5.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,550 Chemicals companies, Global Heavy Chemicals ranks better than 98.32% on this metric.

Global Heavy Chemicals's average Accounts Payable for the three months ended in Mar. 2026 was BDT179.58 Mil. Global Heavy Chemicals's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT25.44 Mil. Hence, Global Heavy Chemicals's Days Payable for the three months ended in Mar. 2026 was 644.14.

The historical rank and industry rank for Global Heavy Chemicals's Days Payable or its related term are showing as below:

DHA:GHCL' s Days Payable Range Over the Past 10 Years
Min: 1.9   Med: 2.92   Max: 427.03
Current: 427.03

During the past 13 years, Global Heavy Chemicals's highest Days Payable was 427.03. The lowest was 1.90. And the median was 2.92.

DHA:GHCL's Days Payable is ranked better than
98.32% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs DHA:GHCL: 427.03

Global Heavy Chemicals's Days Payable declined from Mar. 2025 (744.90) to Mar. 2026 (644.14). It may suggest that Global Heavy Chemicals accelerated paying its suppliers.


Global Heavy Chemicals Days Payable Historical Data

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The historical data trend for Global Heavy Chemicals'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.

Global Heavy Chemicals Days Payable Chart

Global Heavy Chemicals 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 3.17 2.66 4.11 34.93 227.76

Global Heavy Chemicals 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 744.90 329.14 452.23 412.72 644.14

DHA:GHCL vs DOW: Days Payable Comparison

For the Chemicals subindustry, Global Heavy Chemicals'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.


Global Heavy Chemicals Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global Heavy Chemicals's Days Payable distribution charts can be found below:

* The bar in red indicates where Global Heavy Chemicals's Days Payable falls into.


DHA:GHCL
59GF Score
Global Heavy Chemicals Ltd DHA:GHCL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Heavy Chemicals 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.

Global Heavy Chemicals'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
=( (207.848 + 188.376) / 2 ) / 317.487*365
=198.112 / 317.487*365
=227.76

Global Heavy Chemicals'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
=( (177.493 + 181.66) / 2 ) / 25.439*365 / 4
=179.5765 / 25.439*365 / 4
=644.14

* 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 644.14 mean?
Global Heavy Chemicals (DHA:GHCL) has a Days Payable of 644.14 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 Global Heavy Chemicals and its competitors. This is 21960% above median its historical median of 2.92. Over the past decade, Global Heavy Chemicals' Days Payable has ranged from 1.90 to 427.03. According to the industry distribution chart, Global Heavy Chemicals ranks #26 out of 1550 companies in the Chemicals industry, placing it in the top 1.7%.
Is Global Heavy Chemicals' Days Payable too high?
Global Heavy Chemicals' current Days Payable of 644.14 is 21960% above median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 427.03. The Chemicals industry median Days Payable is 59.80. Global Heavy Chemicals' value of 644.14 is 977.2% above this industry median. Based on the distribution chart, Global Heavy Chemicals ranks #26 out of 1550 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Global Heavy Chemicals has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Heavy Chemicals' Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Global Heavy Chemicals ranks #26 out of 1550 companies for Days Payable. This places Global Heavy Chemicals in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.80. Global Heavy Chemicals' value of 644.14 is 977.2% above this benchmark. Historically, Global Heavy Chemicals' own Days Payable has ranged from 1.90 to 427.03 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 59.80, Global Heavy Chemicals has consistently been above 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 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. Global Heavy Chemicals's current Days Payable of 644.14 is 977.2% 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 Global Heavy Chemicals and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Heavy Chemicals's current Days Payable is 644.14, which is 21960% above median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Heavy Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Global Heavy Chemicals (DHA:GHCL) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT5.07, compared to a current price of BDT19.80 — trading 290.5% above its estimated fair value. The current Days Payable is 644.14, which is 21960% above median its 10-year median of 2.92 and 977.2% above the Chemicals industry median of 59.80. Global Heavy Chemicals' overall GF Score™ is 59/100 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 Global Heavy Chemicals (DHA:GHCL), the current Days Payable is 644.14 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 Global Heavy Chemicals (DHA:GHCL) Overvalued in 2026?

Based on GuruFocus' analysis, Global Heavy Chemicals stock appears to be overvalued. The current stock price of BDT19.80 is trading 290.5% above its estimated GF Value™ of BDT5.07. GuruFocus considers Global Heavy Chemicals to be Significantly Overvalued.

Key valuation signals for DHA:GHCL:

  • Days Payable: 644.14 (21960% above median its 10-year median of 2.92)
  • GF Value™: BDT5.07 vs. price of BDT19.80 (290.5% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 977.2% above the Chemicals median (#26 of 1550)

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


Global Heavy Chemicals Business Description

Address 37, Segun Bagicha, Dhaka, BGD, 1000
Global Heavy Chemicals Ltd is Bangladesh-Based a chemical manufacturing company. The principal business activity of the company is to manufacture and distribute Sodium hydroxide, Chlorine and other chemical products. Its product portfolio includes certain brands for retail purposes such as Clotech Liquid Bleach, Tuffclean Tiles Cleaner and others.
59GF Score

Get the complete analysis for DHA:GHCL

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

BDT19.80
Price
BDT5.07
GF Value