Shahjibazar Power Co (DHA:SPCL) Days Payable: 69.51 (As of Mar. 2026) — 670% Above Median


DHA:SPCL Shahjibazar Power Co Ltd DHA:SPCL
93 GF Score
Price BDT54.50
GF Value BDT56.70
Valuation Fairly Valued
! 7 Warning Signs
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What is Shahjibazar Power Co Days Payable?

Shahjibazar Power Co DHA:SPCL +1.11% 93 Days Payable is 69.51 as of Mar. 2026, which is 670% above its 10-year median of 9.03. GuruFocus rates DHA:SPCL with a GF Score™ of 93/100 and a GF Value™ of BDT56.70 (Fairly Valued). The stock has 7 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Shahjibazar Power Co ranks worse than 65.13% on this metric.

Shahjibazar Power Co's average Accounts Payable for the three months ended in Mar. 2026 was BDT2,245 Mil. Shahjibazar Power Co's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT2,947 Mil. Hence, Shahjibazar Power Co's Days Payable for the three months ended in Mar. 2026 was 69.51.

The historical rank and industry rank for Shahjibazar Power Co's Days Payable or its related term are showing as below:

DHA:SPCL' s Days Payable Range Over the Past 10 Years
Min: 5.01   Med: 9.03   Max: 48.42
Current: 48.42

During the past 10 years, Shahjibazar Power Co's highest Days Payable was 48.42. The lowest was 5.01. And the median was 9.03.

DHA:SPCL's Days Payable is ranked worse than
65.13% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs DHA:SPCL: 48.42

Shahjibazar Power Co's Days Payable increased from Mar. 2025 (27.52) to Mar. 2026 (69.51). It may suggest that Shahjibazar Power Co delayed paying its suppliers.


Shahjibazar Power Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shahjibazar Power Co'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.

Shahjibazar Power Co Days Payable Chart

Shahjibazar Power Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.97 9.09 28.06 21.10 17.48

Shahjibazar Power Co 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 27.52 32.28 40.13 49.43 69.51

DHA:SPCL vs CEG, VST, NRG: Days Payable Comparison

For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co'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.


Shahjibazar Power Co Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shahjibazar Power Co's Days Payable falls into.


DHA:SPCL
93GF Score
Shahjibazar Power Co Ltd DHA:SPCL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shahjibazar Power Co 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.

Shahjibazar Power Co'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
=( (33.067 + 1034.524) / 2 ) / 11146.316*365
=533.7955 / 11146.316*365
=17.48

Shahjibazar Power Co'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
=( (2097.317 + 2391.961) / 2 ) / 2946.602*365 / 4
=2244.639 / 2946.602*365 / 4
=69.51

* 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 69.51 mean?
Shahjibazar Power Co (DHA:SPCL) has a Days Payable of 69.51 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 Shahjibazar Power Co and its competitors. This is 670% above median its historical median of 9.03. Over the past decade, Shahjibazar Power Co's Days Payable has ranged from 5.01 to 48.42. According to the industry distribution chart, Shahjibazar Power Co ranks #254 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 65.1%.
Is Shahjibazar Power Co's Days Payable too high?
Shahjibazar Power Co's current Days Payable of 69.51 is 670% above median its 10-year median of 9.03. Over the past 10 years, this metric has ranged from a low of 5.01 to a high of 48.42. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Shahjibazar Power Co's value of 69.51 is 13% below this industry median. Based on the distribution chart, Shahjibazar Power Co ranks #254 out of 390 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Shahjibazar Power Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shahjibazar Power Co's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Shahjibazar Power Co ranks #254 out of 390 companies for Days Payable. This places Shahjibazar Power Co in the lower half of its industry. The industry median Days Payable is 79.90. Shahjibazar Power Co's value of 69.51 is 13% below this benchmark. Historically, Shahjibazar Power Co's own Days Payable has ranged from 5.01 to 48.42 over the past decade. While the company's 10-year median is 9.03 vs. the industry median of 79.90, Shahjibazar Power Co 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Shahjibazar Power Co's current Days Payable of 69.51 is 13% 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 Shahjibazar Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahjibazar Power Co's current Days Payable is 69.51, which is 670% above median its own 10-year median of 9.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahjibazar Power Co stock overvalued right now?
Based on GuruFocus' analysis, Shahjibazar Power Co (DHA:SPCL) is currently considered Fairly Valued. The stock's GF Value™ is BDT56.70, compared to a current price of BDT54.50 — trading 3.9% below its estimated fair value. The current Days Payable is 69.51, which is 670% above median its 10-year median of 9.03 and 13% below the Utilities - Independent Power Producers industry median of 79.90. Shahjibazar Power Co's overall GF Score™ is 93/100 with 7 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 Shahjibazar Power Co (DHA:SPCL), the current Days Payable is 69.51 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 Shahjibazar Power Co (DHA:SPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Shahjibazar Power Co stock appears to be undervalued. The current stock price of BDT54.50 is trading 3.9% below its estimated GF Value™ of BDT56.70. GuruFocus considers Shahjibazar Power Co to be Fairly Valued.

Key valuation signals for DHA:SPCL:

  • Days Payable: 69.51 (670% above median its 10-year median of 9.03)
  • GF Value™: BDT56.70 vs. price of BDT54.50 (3.9% below fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 13% below the Utilities - Independent Power Producers median (#254 of 390)

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


Shahjibazar Power Co Business Description

Address 822/2, Rokeya Sarani, Mirpur, Dhaka, BGD, 1216
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It is engaged in the production and supply of petroleum products like liquid petroleum gas, special boiling point solvent, mineral turpentine, high-speed diesel, octane, kerosene, and fuel gas to the Bangladesh Petroleum Corporation (BPC). It generates revenue from only power generation.
93GF Score

Get the complete analysis for DHA:SPCL

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

BDT54.50
Price
BDT56.70
GF Value