JMI Syringes & Medical Devices (DHA:JMISMDL) Days Payable: 17.69 (As of Mar. 2025)


DHA:JMISMDL JMI Syringes & Medical Devices Ltd DHA:JMISMDL
75 GF Score
Price BDT156.10
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What is JMI Syringes & Medical Devices Days Payable?

JMI Syringes & Medical Devices DHA:JMISMDL +8.40% 75 Days Payable is 17.69 as of Mar. 2025. GuruFocus rates DHA:JMISMDL with a GF Score™ of 75/100.

JMI Syringes & Medical Devices's average Accounts Payable for the three months ended in Mar. 2025 was BDT76 Mil. JMI Syringes & Medical Devices's Cost of Goods Sold for the three months ended in Mar. 2025 was BDT390 Mil. Hence, JMI Syringes & Medical Devices's Days Payable for the three months ended in Mar. 2025 was 17.69.

The historical rank and industry rank for JMI Syringes & Medical Devices's Days Payable or its related term are showing as below:

DHA:JMISMDL's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 68.07
* Ranked among companies with meaningful Days Payable only.

JMI Syringes & Medical Devices's Days Payable declined from Mar. 2024 (29.48) to Mar. 2025 (17.69). It may suggest that JMI Syringes & Medical Devices accelerated paying its suppliers.

JMI Syringes & Medical Devices Days Payable Historical Data

* Premium members only.

The historical data trend for JMI Syringes & Medical Devices'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.

JMI Syringes & Medical Devices Days Payable Chart

JMI Syringes & Medical Devices Annual Data
Trend Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.71 28.79 16.15 26.08 19.07

JMI Syringes & Medical Devices Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 29.48 21.95 11.04 10.51 17.69

DHA:JMISMDL vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, JMI Syringes & Medical Devices'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.

JMI Syringes & Medical Devices Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JMI Syringes & Medical Devices's Days Payable distribution charts can be found below:

* The bar in red indicates where JMI Syringes & Medical Devices's Days Payable falls into.


DHA:JMISMDL
75GF Score
JMI Syringes & Medical Devices Ltd DHA:JMISMDL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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JMI Syringes & Medical Devices 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.

JMI Syringes & Medical Devices's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (99.992 + 57.064) / 2 ) / 1503.282*365
=78.528 / 1503.282*365
=19.07

JMI Syringes & Medical Devices's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (67.382 + 83.766) / 2 ) / 389.802*365 / 4
=75.574 / 389.802*365 / 4
=17.69

* 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 17.69 mean?
JMI Syringes & Medical Devices (DHA:JMISMDL) has a Days Payable of 17.69 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on JMI Syringes & Medical Devices and its competitors.
Is JMI Syringes & Medical Devices' Days Payable too high?
JMI Syringes & Medical Devices' current Days Payable is 17.69. The Medical Devices & Instruments industry median Days Payable is 68.07. JMI Syringes & Medical Devices' value of 17.69 is 74% below this industry median. Overall, JMI Syringes & Medical Devices has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does JMI Syringes & Medical Devices' Days Payable compare to ISRG and BDX?
JMI Syringes & Medical Devices' Days Payable of 17.69 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.07. JMI Syringes & Medical Devices' value of 17.69 is 74% below 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. JMI Syringes & Medical Devices's current Days Payable of 17.69 is 74% 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 JMI Syringes & Medical Devices and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JMI Syringes & Medical Devices's current Days Payable is 17.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JMI Syringes & Medical Devices stock overvalued right now?
JMI Syringes & Medical Devices (DHA:JMISMDL) has a current Days Payable of 17.69. The current Days Payable is 17.69 and 74% below the Medical Devices & Instruments industry median of 68.07. JMI Syringes & Medical Devices' overall GF Score™ is 75/100. 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 JMI Syringes & Medical Devices (DHA:JMISMDL), the current Days Payable is 17.69 as of Mar. 2025. 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.

JMI Syringes & Medical Devices Business Description

Address 117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Syringes & Medical Devices Ltd is a Bangladesh-based syringe and medical device manufacturing company. It manufactures and markets disposable syringe, auto-disable syringe, needle, infusion set, scalp vein set, urine drainage bag, insulin syringe, First AID bandage, riles tube, IV Cannula, feeding tube, and Blood Lancets, and other products.
75GF Score

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

BDT156.10
Price