Saiham Cotton Mills (DHA:SAIHAMCOT) Days Payable: 119.44 (As of Mar. 2026) — 482% Above Median

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DHA:SAIHAMCOT Saiham Cotton Mills Ltd DHA:SAIHAMCOT
83 GF Score
Price BDT23.40
GF Value BDT16.69
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Saiham Cotton Mills Days Payable?

Saiham Cotton Mills DHA:SAIHAMCOT +8.84% 83 Days Payable is 119.44 as of Mar. 2026, which is 482% above its 10-year median of 20.52. GuruFocus rates DHA:SAIHAMCOT with a GF Score™ of 83/100 and a GF Value™ of BDT16.69 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Saiham Cotton Mills ranks better than 62.22% on this metric.

Saiham Cotton Mills's average Accounts Payable for the three months ended in Mar. 2026 was BDT1,473 Mil. Saiham Cotton Mills's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT1,125 Mil. Hence, Saiham Cotton Mills's Days Payable for the three months ended in Mar. 2026 was 119.44.

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

DHA:SAIHAMCOT' s Days Payable Range Over the Past 10 Years
Min: 2.1   Med: 20.52   Max: 70.07
Current: 70.07

During the past 11 years, Saiham Cotton Mills's highest Days Payable was 70.07. The lowest was 2.10. And the median was 20.52.

DHA:SAIHAMCOT's Days Payable is ranked better than
62.22% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.32 vs DHA:SAIHAMCOT: 70.07

Saiham Cotton Mills's Days Payable increased from Mar. 2025 (22.78) to Mar. 2026 (119.44). It may suggest that Saiham Cotton Mills delayed paying its suppliers.


Saiham Cotton Mills Days Payable Historical Data

* Premium members only.

The historical data trend for Saiham Cotton 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.

Saiham Cotton Mills Days Payable Chart

Saiham Cotton Mills Annual Data
Trend Apr16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 2.10 20.00 52.73 35.60

Saiham Cotton Mills 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 22.78 19.10 57.78 78.11 119.44

Saiham Cotton Mills Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Saiham Cotton 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.


Saiham Cotton Mills Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Saiham Cotton Mills's Days Payable falls into.


DHA:SAIHAMCOT
83GF Score
Saiham Cotton Mills Ltd DHA:SAIHAMCOT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Saiham Cotton 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.

Saiham Cotton Mills'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
=( (778.745 + 259.141) / 2 ) / 5321.119*365
=518.943 / 5321.119*365
=35.60

Saiham Cotton Mills'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
=( (1189.447 + 1756.469) / 2 ) / 1125.339*365 / 4
=1472.958 / 1125.339*365 / 4
=119.44

* 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 119.44 mean?
Saiham Cotton Mills (DHA:SAIHAMCOT) has a Days Payable of 119.44 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 Saiham Cotton Mills and its competitors. This is 482% above median its historical median of 20.52. Over the past decade, Saiham Cotton Mills' Days Payable has ranged from 2.10 to 70.07. According to the industry distribution chart, Saiham Cotton Mills ranks #385 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 37.8%.
Is Saiham Cotton Mills' Days Payable too high?
Saiham Cotton Mills' current Days Payable of 119.44 is 482% above median its 10-year median of 20.52. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 70.07. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.32. Saiham Cotton Mills' value of 119.44 is 119.9% above this industry median. Based on the distribution chart, Saiham Cotton Mills ranks #385 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Saiham Cotton Mills has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saiham Cotton Mills' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Saiham Cotton Mills ranks #385 out of 1019 companies for Days Payable. This puts Saiham Cotton Mills in the upper half of its industry. The industry median Days Payable is 54.32. Saiham Cotton Mills' value of 119.44 is 119.9% above this benchmark. Historically, Saiham Cotton Mills' own Days Payable has ranged from 2.10 to 70.07 over the past decade. While the company's 10-year median is 20.52 vs. the industry median of 54.32, Saiham Cotton Mills 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.32, based on 1,019 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. Saiham Cotton Mills's current Days Payable of 119.44 is 119.9% 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 Saiham Cotton Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saiham Cotton Mills's current Days Payable is 119.44, which is 482% above median its own 10-year median of 20.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saiham Cotton Mills stock overvalued right now?
Based on GuruFocus' analysis, Saiham Cotton Mills (DHA:SAIHAMCOT) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT16.69, compared to a current price of BDT23.40 — trading 40.2% above its estimated fair value. The current Days Payable is 119.44, which is 482% above median its 10-year median of 20.52 and 119.9% above the Manufacturing - Apparel & Accessories industry median of 54.32. Saiham Cotton Mills' overall GF Score™ is 83/100 with 8 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 Saiham Cotton Mills (DHA:SAIHAMCOT), the current Days Payable is 119.44 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 Saiham Cotton Mills (DHA:SAIHAMCOT) Overvalued in 2026?

Based on GuruFocus' analysis, Saiham Cotton Mills stock appears to be overvalued. The current stock price of BDT23.40 is trading 40.2% above its estimated GF Value™ of BDT16.69. GuruFocus considers Saiham Cotton Mills to be Significantly Overvalued.

Key valuation signals for DHA:SAIHAMCOT:

  • Days Payable: 119.44 (482% above median its 10-year median of 20.52)
  • GF Value™: BDT16.69 vs. price of BDT23.40 (40.2% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 119.9% above the Manufacturing - Apparel & Accessories median (#385 of 1019)

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


Saiham Cotton Mills Business Description

Address House No. 34, Road No. 136, Gulshan-1, Saiham Tower, Block No. SE (C)-1, 11th Floor, Dhaka, BGD, 1212
Saiham Cotton Mills Ltd operates an industrial spinning plant with Bangladesh's modern cotton mills for export-oriented industries. The Company manufactures auto-coned electronically cleared cotton carded and combed grey yarn. Its products are Cotton Combed Yarn, Cotton Carded Yarn, Blended PC & CVC Yarn, Modal, and Others.
83GF Score

Get the complete analysis for DHA:SAIHAMCOT

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

BDT23.40
Price
BDT16.69
GF Value