Ghani Glass (KAR:GHGL) Days Payable: 114.44 (As of Mar. 2026) — 201% Above Median


KAR:GHGL Ghani Glass Ltd KAR:GHGL
84 GF Score
Price ₨41.01
GF Value ₨32.36
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Ghani Glass Days Payable?

Ghani Glass KAR:GHGL 84 Days Payable is 114.44 as of Mar. 2026, which is 201% above its 10-year median of 38.01. GuruFocus rates KAR:GHGL with a GF Score™ of 84/100 and a GF Value™ of ₨32.36 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 378 Packaging & Containers companies, Ghani Glass ranks better than 76.98% on this metric.

Ghani Glass's average Accounts Payable for the three months ended in Mar. 2026 was ₨11,103 Mil. Ghani Glass's Cost of Goods Sold for the three months ended in Mar. 2026 was ₨8,853 Mil. Hence, Ghani Glass's Days Payable for the three months ended in Mar. 2026 was 114.44.

The historical rank and industry rank for Ghani Glass's Days Payable or its related term are showing as below:

KAR:GHGL' s Days Payable Range Over the Past 10 Years
Min: 23.4   Med: 38.01   Max: 110.7
Current: 95.81

During the past 13 years, Ghani Glass's highest Days Payable was 110.70. The lowest was 23.40. And the median was 38.01.

KAR:GHGL's Days Payable is ranked better than
76.98% of 378 companies
in the Packaging & Containers industry
Industry Median: 57.265 vs KAR:GHGL: 95.81

Ghani Glass's Days Payable declined from Mar. 2025 (128.28) to Mar. 2026 (114.44). It may suggest that Ghani Glass accelerated paying its suppliers.


Ghani Glass Days Payable Historical Data

* Premium members only.

The historical data trend for Ghani Glass'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.

Ghani Glass Days Payable Chart

Ghani Glass 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 38.60 35.24 37.41 41.59 31.20

Ghani Glass 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 128.28 63.51 70.56 110.18 114.44

KAR:GHGL vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Ghani Glass'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.


Ghani Glass Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ghani Glass's Days Payable distribution charts can be found below:

* The bar in red indicates where Ghani Glass's Days Payable falls into.


KAR:GHGL
84GF Score
Ghani Glass Ltd KAR:GHGL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghani Glass 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.

Ghani Glass'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
=( (3824.738 + 1869.607) / 2 ) / 33309.084*365
=2847.1725 / 33309.084*365
=31.20

Ghani Glass'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
=( (10462.396 + 11744.6) / 2 ) / 8853.175*365 / 4
=11103.498 / 8853.175*365 / 4
=114.44

* 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 114.44 mean?
Ghani Glass (KAR:GHGL) has a Days Payable of 114.44 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 Ghani Glass and its competitors. This is 201% above median its historical median of 38.01. Over the past decade, Ghani Glass' Days Payable has ranged from 23.40 to 110.70. According to the industry distribution chart, Ghani Glass ranks #87 out of 378 companies in the Packaging & Containers industry, placing it in the top 23%.
Is Ghani Glass' Days Payable too high?
Ghani Glass' current Days Payable of 114.44 is 201% above median its 10-year median of 38.01. Over the past 10 years, this metric has ranged from a low of 23.40 to a high of 110.70. The Packaging & Containers industry median Days Payable is 57.27. Ghani Glass' value of 114.44 is 99.8% above this industry median. Based on the distribution chart, Ghani Glass ranks #87 out of 378 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Ghani Glass has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghani Glass' Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Ghani Glass ranks #87 out of 378 companies for Days Payable. This places Ghani Glass in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.27. Ghani Glass' value of 114.44 is 99.8% above this benchmark. Historically, Ghani Glass' own Days Payable has ranged from 23.40 to 110.70 over the past decade. While the company's 10-year median is 38.01 vs. the industry median of 57.27, Ghani Glass 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 378 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. Ghani Glass's current Days Payable of 114.44 is 99.8% 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 Ghani Glass and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghani Glass's current Days Payable is 114.44, which is 201% above median its own 10-year median of 38.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghani Glass stock overvalued right now?
Based on GuruFocus' analysis, Ghani Glass (KAR:GHGL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨32.36, compared to a current price of ₨41.01 — trading 26.7% above its estimated fair value. The current Days Payable is 114.44, which is 201% above median its 10-year median of 38.01 and 99.8% above the Packaging & Containers industry median of 57.27. Ghani Glass' overall GF Score™ is 84/100 with 1 warning sign 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 Ghani Glass (KAR:GHGL), the current Days Payable is 114.44 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 Ghani Glass (KAR:GHGL) Overvalued in 2026?

Based on GuruFocus' analysis, Ghani Glass stock appears to be overvalued. The current stock price of ₨41.01 is trading 26.7% above its estimated GF Value™ of ₨32.36. GuruFocus considers Ghani Glass to be Modestly Overvalued.

Key valuation signals for KAR:GHGL:

  • Days Payable: 114.44 (201% above median its 10-year median of 38.01)
  • GF Value™: ₨32.36 vs. price of ₨41.01 (26.7% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 99.8% above the Packaging & Containers median (#87 of 378)

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


Ghani Glass Business Description

Address 40-L Model Town Extension, Ghani Complex, Lahore, PB, PAK
Ghani Glass Ltd is involved in manufacturing and selling float and container glass products in Pakistan. The company offers clear, green, brown, reflective, blue, grey, and figured glass products. It also provides amber and clear pharmaceutical glass containers, flint and green beverages glass containers, and clear food glass containers. Geographically, it derives a majority of its revenue from Pakistan.
84GF Score

Get the complete analysis for KAR:GHGL

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

₨41.01
Price
₨32.36
GF Value