Maksons Spinning Mills (DHA:MAKSONSPIN) Days Payable: 95.01 (As of Mar. 2025)


DHA:MAKSONSPIN Maksons Spinning Mills PLC DHA:MAKSONSPIN
45 GF Score
Price BDT5.70
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What is Maksons Spinning Mills Days Payable?

Maksons Spinning Mills DHA:MAKSONSPIN -5.00% 45 Days Payable is 95.01 as of Mar. 2025. GuruFocus rates DHA:MAKSONSPIN with a GF Score™ of 45/100.

Maksons Spinning Mills's average Accounts Payable for the three months ended in Mar. 2025 was BDT391 Mil. Maksons Spinning Mills's Cost of Goods Sold for the three months ended in Mar. 2025 was BDT375 Mil. Hence, Maksons Spinning Mills's Days Payable for the three months ended in Mar. 2025 was 95.01.

The historical rank and industry rank for Maksons Spinning Mills's Days Payable or its related term are showing as below:

DHA:MAKSONSPIN's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.22
* Ranked among companies with meaningful Days Payable only.

Maksons Spinning Mills's Days Payable increased from Dec. 2023 (60.24) to Mar. 2025 (95.01). It may suggest that Maksons Spinning Mills delayed paying its suppliers.

Maksons Spinning Mills Days Payable Historical Data

* Premium members only.

The historical data trend for Maksons Spinning Mills'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.

Maksons Spinning Mills Days Payable Chart

Maksons Spinning Mills Annual Data
Trend Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 0.68 0.41 0.34 0.37

Maksons Spinning Mills Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 60.24 74.40 42.78 48.07 95.01

Maksons Spinning Mills Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Maksons Spinning Mills'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.

Maksons Spinning Mills Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Maksons Spinning Mills's Days Payable falls into.


DHA:MAKSONSPIN
45GF Score
Maksons Spinning Mills PLC DHA:MAKSONSPIN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maksons Spinning Mills 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.

Maksons Spinning Mills'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
=( (3.767 + 6.871) / 2 ) / 5237.255*365
=5.319 / 5237.255*365
=0.37

Maksons Spinning Mills'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
=( (432.074 + 349.193) / 2 ) / 375.174*365 / 4
=390.6335 / 375.174*365 / 4
=95.01

* 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 95.01 mean?
Maksons Spinning Mills (DHA:MAKSONSPIN) has a Days Payable of 95.01 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 Maksons Spinning Mills and its competitors.
Is Maksons Spinning Mills' Days Payable too high?
Maksons Spinning Mills' current Days Payable is 95.01. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Maksons Spinning Mills' value of 95.01 is 75.2% above this industry median. Overall, Maksons Spinning Mills has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Maksons Spinning Mills' Days Payable compare to competitors?
Maksons Spinning Mills' Days Payable of 95.01 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.22. Maksons Spinning Mills' value of 95.01 is 75.2% above 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,015 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. Maksons Spinning Mills's current Days Payable of 95.01 is 75.2% 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 Maksons Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maksons Spinning Mills's current Days Payable is 95.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maksons Spinning Mills stock overvalued right now?
Maksons Spinning Mills (DHA:MAKSONSPIN) has a current Days Payable of 95.01. The current Days Payable is 95.01 and 75.2% above the Manufacturing - Apparel & Accessories industry median of 54.22. Maksons Spinning Mills' overall GF Score™ is 45/100. 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 Maksons Spinning Mills (DHA:MAKSONSPIN), the current Days Payable is 95.01 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.

Maksons Spinning Mills Business Description

Address House No. 17, Road No. 6, Sector No. 1, Uttara Model Town, Dhaka, BGD, 1230
Maksons Spinning Mills PLC is a Bangladesh-based company in the production and sale of cotton yarn and also it offers cotton combed and carded yarn to the export-oriented readymade garments and knitting industries. The company's specialties are following Carded Yarn, Organic Yarn (Carded, Combed, Slub, Grey melange), Combed Yarn, Slub Yarn, BCI Yarn, Compact Combed Yarn, Grey Melange Yarn, and slub yarn.
45GF Score

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

BDT5.70
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