Faisal Spinning Mills (KAR:FASM) Days Payable: 0.00 (As of . 20)


What is Faisal Spinning Mills Days Payable?

Faisal Spinning Mills KAR:FASM Days Payable is 0.00 as of . 20.

Faisal Spinning Mills's average Accounts Payable for the three months ended in . 20 was ₨0.00 Mil. Faisal Spinning Mills's Cost of Goods Sold for the three months ended in . 20 was ₨0.00 Mil.

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

KAR:FASM's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.045
* Ranked among companies with meaningful Days Payable only.

Faisal Spinning Mills's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00). stayed the same

Faisal Spinning Mills Days Payable Historical Data

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The historical data trend for Faisal Spinning 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.

Faisal Spinning Mills Days Payable Chart

Faisal Spinning Mills Annual Data
Trend
Days Payable

Faisal Spinning Mills Quarterly Data
Days Payable

Faisal Spinning Mills Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Faisal Spinning 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.

Faisal Spinning Mills Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Faisal Spinning Mills's Days Payable falls into.


Faisal Spinning 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.

Faisal Spinning Mills'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

Faisal Spinning Mills'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 / 4
=0 / *365 / 4
=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?
Faisal Spinning Mills (KAR:FASM) 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 Faisal Spinning Mills and its competitors.
Is Faisal Spinning Mills' Days Payable too high?
Faisal Spinning Mills' current Days Payable is 0.00.
How does Faisal Spinning Mills' Days Payable compare to competitors?
Faisal Spinning Mills' Days Payable of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.05. 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 54.05, based on 1,018 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 Faisal Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Faisal Spinning Mills'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 Faisal Spinning Mills stock overvalued right now?
Faisal Spinning Mills (KAR:FASM) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Faisal Spinning Mills (KAR:FASM), 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.

Faisal Spinning Mills Business Description

Address S.M. Farooq Road, Sector 23, 23/1, Umer House, Korangi Industrial Area, Karachi, SD, PAK
Faisal Spinning Mills Ltd is engaged in the manufacturing and sales of yarn, greige fabric, dyed fabric, and home textile products. The company's segments include Spinning; Weaving; and Finishing and Home Textile. Its production facilities are located at Nooriabad, District Dadu in the province of Sindh, and Feroz Watwan, District Sheikhpura in the province of Punjab.