Miracle Industries (DHA:MIRACLEIND) Days Payable: 0.00 (As of . 20)

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DHA:MIRACLEIND Miracle Industries Ltd DHA:MIRACLEIND
18 GF Score
Price BDT28.40
! 1 Warning Sign
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What is Miracle Industries Days Payable?

Miracle Industries DHA:MIRACLEIND 18 Days Payable is 0.00 as of . 20. GuruFocus rates DHA:MIRACLEIND with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 381 Packaging & Containers companies, Miracle Industries ranks worse than 262466.93% on this metric.

Miracle Industries's average Accounts Payable for the six months ended in . 20 was BDT0.00 Mil. Miracle Industries's Cost of Goods Sold for the six months ended in . 20 was BDT0.00 Mil.

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

DHA:MIRACLEIND's Days Payable is not ranked *
in the Packaging & Containers industry.
Industry Median: 57.27
* Ranked among companies with meaningful Days Payable only.

Miracle Industries's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

Miracle Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Miracle 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.

Miracle Industries Days Payable Chart

Miracle Industries Annual Data
Trend
Days Payable

Miracle Industries Semi-Annual Data
Days Payable

Miracle Industries Days Payable Competitor Comparison

For the Packaging & Containers subindustry, Miracle 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.

Miracle Industries Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Miracle Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Miracle Industries's Days Payable falls into.


DHA:MIRACLEIND
18GF Score
Miracle Industries Ltd DHA:MIRACLEIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Miracle 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.

Miracle Industries's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Miracle Industries's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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 0.00 mean?
Miracle Industries (DHA:MIRACLEIND) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Miracle Industries and its competitors. According to the industry distribution chart, Miracle Industries ranks #999999 out of 381 companies in the Packaging & Containers industry.
Is Miracle Industries' Days Payable too high?
Miracle Industries' current Days Payable is 0.00. Based on the distribution chart, Miracle Industries ranks #999999 out of 381 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Miracle Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Miracle Industries' Days Payable compare to competitors?
According to the Packaging & Containers industry distribution chart, Miracle Industries ranks #999999 out of 381 companies for Days Payable. This places Miracle Industries in the lower half of its industry. The industry median Days Payable is 57.27. 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 381 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. 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 Miracle Industries and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miracle Industries's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miracle Industries stock overvalued right now?
Miracle Industries (DHA:MIRACLEIND) has a current Days Payable of 0.00. The current Days Payable is 0.00. Miracle Industries' overall GF Score™ is 18/100 with 1 warning sign 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 Miracle Industries (DHA:MIRACLEIND), the current Days Payable is 0.00 as of . 20. 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.

Miracle Industries Business Description

Address Gulshan Avenue, 99, Rupayan Golden Age 7th Floor, Dhaka, BGD, 1212
Miracle Industries Ltd is a manufacturer and exporter of WPP and FIBC bags in the domestic market and abroad.
18GF Score

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

BDT28.40
Price