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Matin Spinning MillsDHA:MATINSPINN -1.34%95 Days Payable is 11.58 as of Mar. 2026, which is 34% above its 10-year median of 8.62. GuruFocus rates DHA:MATINSPINN with a GF Score™ of 95/100 and a GF Value™ of BDT53.97 (Fairly Valued). The stock has 12 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Matin Spinning Mills ranks worse than 91.92% on this metric.
The historical rank and industry rank for Matin Spinning Mills's Days Payable or its related term are showing as below:
DHA:MATINSPINN'
s Days Payable Range Over the Past 10 Years
Min: 4.88 Med: 8.62 Max: 30.29
Current: 13.58
During the past 13 years, Matin Spinning Mills's highest Days Payable was 30.29. The lowest was 4.88. And the median was 8.62.
DHA:MATINSPINN's Days Payable is ranked worse than 91.92% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs DHA:MATINSPINN: 13.58
Matin Spinning Mills's Days Payable
declined
from Mar. 2025 (15.13) to Mar. 2026 (11.58).
It may suggest that Matin Spinning Millsaccelerated paying its suppliers.
Matin Spinning Mills Days Payable Related Terms
Matin Spinning Mills Days Payable Historical Data
* Premium members only.
The historical data trend for Matin 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.
Matin Spinning Mills Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Matin 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.
Matin Spinning Mills Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Matin Spinning Mills's Days Payable distribution charts can be found below:
* The bar in red indicates where Matin Spinning Mills's Days Payable falls into.
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.
Matin Spinning Mills's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Matin Spinning Mills (DHA:MATINSPINN) has a Days Payable of 11.58 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 Matin Spinning Mills and its competitors. This is 34% above median its historical median of 8.62. Over the past decade, Matin Spinning Mills' Days Payable has ranged from 4.88 to 30.29. According to the industry distribution chart, Matin Spinning Mills ranks #933 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91.9%.
Is Matin Spinning Mills' Days Payable too high?
Matin Spinning Mills' current Days Payable of 11.58 is 34% above median its 10-year median of 8.62. Over the past 10 years, this metric has ranged from a low of 4.88 to a high of 30.29. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Matin Spinning Mills' value of 11.58 is 78.6% below this industry median. Based on the distribution chart, Matin Spinning Mills ranks #933 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Matin Spinning Mills has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Matin Spinning Mills' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Matin Spinning Mills ranks #933 out of 1015 companies for Days Payable. This places Matin Spinning Mills in the lower half of its industry. The industry median Days Payable is 54.22. Matin Spinning Mills' value of 11.58 is 78.6% below this benchmark. Historically, Matin Spinning Mills' own Days Payable has ranged from 4.88 to 30.29 over the past decade. While the company's 10-year median is 8.62 vs. the industry median of 54.22, Matin Spinning Mills 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 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. Matin Spinning Mills's current Days Payable of 11.58 is 78.6% 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 Matin 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. Matin Spinning Mills's current Days Payable is 11.58, which is 34% above median its own 10-year median of 8.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matin Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Matin Spinning Mills (DHA:MATINSPINN) is currently considered Fairly Valued. The stock's GF Value™ is BDT53.97, compared to a current price of BDT59.00 — trading 9.3% above its estimated fair value. The current Days Payable is 11.58, which is 34% above median its 10-year median of 8.62 and 78.6% below the Manufacturing - Apparel & Accessories industry median of 54.22. Matin Spinning Mills' overall GF Score™ is 95/100 with 12 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 Matin Spinning Mills (DHA:MATINSPINN), the current Days Payable is 11.58 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 Matin Spinning Mills (DHA:MATINSPINN) Overvalued in 2026?
Based on GuruFocus' analysis, Matin Spinning Mills stock appears to be overvalued.
The current stock price of BDT59.00 is trading 9.3% above its estimated GF Value™ of BDT53.97.
GuruFocus considers Matin Spinning Mills to be Fairly Valued.
Key valuation signals for DHA:MATINSPINN:
Days Payable: 11.58 (34% above median its 10-year median of 8.62)
GF Value™: BDT53.97 vs. price of BDT59.00 (9.3% above fair value)
Industry Position: 78.6% below the Manufacturing - Apparel & Accessories median (#933 of 1015)
No single metric tells the full story. See the DHA:MATINSPINN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matin Spinning Mills PLC manufactures and sells all types of cotton, viscose, polyester, melange, and their blends in Bangladesh. The company's manufacturing plant is located in Sardagonj, Dhaka, Bangladesh. Its products include regular yarn, sustainable yarn, melange yarn, slub yarn, blended yarn, injected yarn, neppy yarn, siro yarn, snow yarn, and post-spinning facilities and services.
95GF Score
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