S Alam Cold Rolled Steels (DHA:SALAMCRST) Days Payable: 131.04 (As of Mar. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:SALAMCRST S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
10 GF Score
Price BDT12.70
View Full Analysis

What is S Alam Cold Rolled Steels Days Payable?

S Alam Cold Rolled Steels DHA:SALAMCRST -2.31% 10 Days Payable is 131.04 as of Mar. 2024. GuruFocus rates DHA:SALAMCRST with a GF Score™ of 10/100.

S Alam Cold Rolled Steels's average Accounts Payable for the three months ended in Mar. 2024 was BDT2,068 Mil. S Alam Cold Rolled Steels's Cost of Goods Sold for the three months ended in Mar. 2024 was BDT1,440 Mil. Hence, S Alam Cold Rolled Steels's Days Payable for the three months ended in Mar. 2024 was 131.04.

The historical rank and industry rank for S Alam Cold Rolled Steels's Days Payable or its related term are showing as below:

DHA:SALAMCRST's Days Payable is not ranked *
in the Steel industry.
Industry Median: 41.39
* Ranked among companies with meaningful Days Payable only.

S Alam Cold Rolled Steels's Days Payable declined from Mar. 2023 (176.21) to Mar. 2024 (131.04). It may suggest that S Alam Cold Rolled Steels accelerated paying its suppliers.


S Alam Cold Rolled Steels Days Payable Historical Data

* Premium members only.

The historical data trend for S Alam Cold Rolled Steels'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.

S Alam Cold Rolled Steels Days Payable Chart

S Alam Cold Rolled Steels Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170.65 396.33 249.49 198.95 194.12

S Alam Cold Rolled Steels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 176.21 241.24 204.24 154.57 131.04

DHA:SALAMCRST vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, S Alam Cold Rolled Steels'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.


S Alam Cold Rolled Steels Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, S Alam Cold Rolled Steels's Days Payable distribution charts can be found below:

* The bar in red indicates where S Alam Cold Rolled Steels's Days Payable falls into.


DHA:SALAMCRST
10GF Score
S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S Alam Cold Rolled Steels 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.

S Alam Cold Rolled Steels's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2469.34 + 2833.014) / 2 ) / 4985.044*365
=2651.177 / 4985.044*365
=194.12

S Alam Cold Rolled Steels's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2127.049 + 2008.898) / 2 ) / 1440.052*365 / 4
=2067.9735 / 1440.052*365 / 4
=131.04

* 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 131.04 mean?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a Days Payable of 131.04 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on S Alam Cold Rolled Steels and its competitors.
Is S Alam Cold Rolled Steels' Days Payable too high?
S Alam Cold Rolled Steels' current Days Payable is 131.04. The Steel industry median Days Payable is 41.39. S Alam Cold Rolled Steels' value of 131.04 is 216.6% above this industry median. Overall, S Alam Cold Rolled Steels has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does S Alam Cold Rolled Steels' Days Payable compare to NUE and STLD?
S Alam Cold Rolled Steels' Days Payable of 131.04 can be compared against companies in the Steel industry. The industry median Days Payable is 41.39. S Alam Cold Rolled Steels' value of 131.04 is 216.6% 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. S Alam Cold Rolled Steels's current Days Payable of 131.04 is 216.6% 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 S Alam Cold Rolled Steels and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S Alam Cold Rolled Steels's current Days Payable is 131.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Alam Cold Rolled Steels stock overvalued right now?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a current Days Payable of 131.04. The current Days Payable is 131.04 and 216.6% above the Steel industry median of 41.39. S Alam Cold Rolled Steels' overall GF Score™ is 10/100. 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 S Alam Cold Rolled Steels (DHA:SALAMCRST), the current Days Payable is 131.04 as of Mar. 2024. 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.

S Alam Cold Rolled Steels Business Description

Address S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119
S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.
10GF Score

Get the complete analysis for DHA:SALAMCRST

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

BDT12.70
Price