Titas Gas Transmission and Distribution (DHA:TITASGAS) Days Payable: 174.39 (As of Mar. 2026) — 86% Above Median


DHA:TITASGAS Titas Gas Transmission and Distribution PLC DHA:TITASGAS
68 GF Score
Price BDT17.80
GF Value BDT23.36
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Titas Gas Transmission and Distribution Days Payable?

Titas Gas Transmission and Distribution DHA:TITASGAS -0.56% 68 Days Payable is 174.39 as of Mar. 2026, which is 86% above its 10-year median of 93.62. GuruFocus rates DHA:TITASGAS with a GF Score™ of 68/100 and a GF Value™ of BDT23.36 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 483 Utilities - Regulated companies, Titas Gas Transmission and Distribution ranks better than 80.12% on this metric.

Titas Gas Transmission and Distribution's average Accounts Payable for the three months ended in Mar. 2026 was BDT166,601 Mil. Titas Gas Transmission and Distribution's Cost of Goods Sold for the three months ended in Mar. 2026 was BDT87,173 Mil. Hence, Titas Gas Transmission and Distribution's Days Payable for the three months ended in Mar. 2026 was 174.39.

The historical rank and industry rank for Titas Gas Transmission and Distribution's Days Payable or its related term are showing as below:

DHA:TITASGAS' s Days Payable Range Over the Past 10 Years
Min: 63.38   Med: 93.62   Max: 164.02
Current: 164.02

During the past 13 years, Titas Gas Transmission and Distribution's highest Days Payable was 164.02. The lowest was 63.38. And the median was 93.62.

DHA:TITASGAS's Days Payable is ranked better than
80.12% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs DHA:TITASGAS: 164.02

Titas Gas Transmission and Distribution's Days Payable increased from Mar. 2025 (156.46) to Mar. 2026 (174.39). It may suggest that Titas Gas Transmission and Distribution delayed paying its suppliers.


Titas Gas Transmission and Distribution Days Payable Related Terms


Titas Gas Transmission and Distribution Days Payable Historical Data

* Premium members only.

The historical data trend for Titas Gas Transmission and Distribution'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.

Titas Gas Transmission and Distribution Days Payable Chart

Titas Gas Transmission and Distribution 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 104.58 0.00 0.00 0.00 0.00

Titas Gas Transmission and Distribution 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 156.46 169.75 152.08 161.14 174.39

DHA:TITASGAS vs ATO, NI, UGI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Titas Gas Transmission and Distribution'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.


Titas Gas Transmission and Distribution Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Titas Gas Transmission and Distribution's Days Payable distribution charts can be found below:

* The bar in red indicates where Titas Gas Transmission and Distribution's Days Payable falls into.


DHA:TITASGAS
68GF Score
Titas Gas Transmission and Distribution PLC DHA:TITASGAS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Titas Gas Transmission and Distribution 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.

Titas Gas Transmission and Distribution'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
=( (0 + 0) / 1 ) / 354077.652*365
=0 / 354077.652*365
=0.00

Titas Gas Transmission and Distribution'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
=( (168396.046 + 164806.052) / 2 ) / 87172.683*365 / 4
=166601.049 / 87172.683*365 / 4
=174.39

* 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 174.39 mean?
Titas Gas Transmission and Distribution (DHA:TITASGAS) has a Days Payable of 174.39 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 Titas Gas Transmission and Distribution and its competitors. This is 86% above median its historical median of 93.62. Over the past decade, Titas Gas Transmission and Distribution's Days Payable has ranged from 63.38 to 164.02. According to the industry distribution chart, Titas Gas Transmission and Distribution ranks #96 out of 483 companies in the Utilities - Regulated industry, placing it in the top 19.9%.
Is Titas Gas Transmission and Distribution's Days Payable too high?
Titas Gas Transmission and Distribution's current Days Payable of 174.39 is 86% above median its 10-year median of 93.62. Over the past 10 years, this metric has ranged from a low of 63.38 to a high of 164.02. The Utilities - Regulated industry median Days Payable is 70.35. Titas Gas Transmission and Distribution's value of 174.39 is 147.9% above this industry median. Based on the distribution chart, Titas Gas Transmission and Distribution ranks #96 out of 483 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Titas Gas Transmission and Distribution has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Titas Gas Transmission and Distribution's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Titas Gas Transmission and Distribution ranks #96 out of 483 companies for Days Payable. This places Titas Gas Transmission and Distribution in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.35. Titas Gas Transmission and Distribution's value of 174.39 is 147.9% above this benchmark. Historically, Titas Gas Transmission and Distribution's own Days Payable has ranged from 63.38 to 164.02 over the past decade. While the company's 10-year median is 93.62 vs. the industry median of 70.35, Titas Gas Transmission and Distribution 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Titas Gas Transmission and Distribution's current Days Payable of 174.39 is 147.9% 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 Titas Gas Transmission and Distribution and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titas Gas Transmission and Distribution's current Days Payable is 174.39, which is 86% above median its own 10-year median of 93.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titas Gas Transmission and Distribution stock overvalued right now?
Based on GuruFocus' analysis, Titas Gas Transmission and Distribution (DHA:TITASGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT23.36, compared to a current price of BDT17.80 — trading 23.8% below its estimated fair value. The current Days Payable is 174.39, which is 86% above median its 10-year median of 93.62 and 147.9% above the Utilities - Regulated industry median of 70.35. Titas Gas Transmission and Distribution's overall GF Score™ is 68/100 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 Titas Gas Transmission and Distribution (DHA:TITASGAS), the current Days Payable is 174.39 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 Titas Gas Transmission and Distribution (DHA:TITASGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Titas Gas Transmission and Distribution stock appears to be undervalued. The current stock price of BDT17.80 is trading 23.8% below its estimated GF Value™ of BDT23.36. GuruFocus considers Titas Gas Transmission and Distribution to be Modestly Undervalued.

Key valuation signals for DHA:TITASGAS:

  • Days Payable: 174.39 (86% above median its 10-year median of 93.62)
  • GF Value™: BDT23.36 vs. price of BDT17.80 (23.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 147.9% above the Utilities - Regulated median (#96 of 483)

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


Titas Gas Transmission and Distribution Business Description

Address 105, Kazi Nazrul Islam Avenue, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215
Titas Gas Transmission and Distribution PLC is principally engaged in the business of natural gas distribution. The company aims to transmit natural gas from the gas fields to different areas to distribute the same to the consumers in power, fertilizer, industrial, commercial, captive power, feed gas for CNG, and domestic categories within its franchise areas, viz. greater Dhaka & Mymensingh districts. The company supplies gas to power stations, fertilizer factories, industries, commercial users, captive power plants, compressed natural gas stations, and households through an extensive pipeline network.
68GF Score

Get the complete analysis for DHA:TITASGAS

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

BDT17.80
Price
BDT23.36
GF Value