Shaheen Insurance Co (KAR:SHNI) Days Payable: 0.00 (As of . 20)

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.

What is Shaheen Insurance Co Days Payable?

Shaheen Insurance Co KAR:SHNI -1.14% Days Payable is 0.00 as of . 20.

Shaheen Insurance Co's average Accounts Payable for the three months ended in . 20 was ₨0.00 Mil. Shaheen Insurance Co's Cost of Goods Sold for the three months ended in . 20 was ₨0.00 Mil.

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

KAR:SHNI's Days Payable is not ranked *
in the Insurance industry.
Industry Median: 50.38
* Ranked among companies with meaningful Days Payable only.

Shaheen Insurance Co's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00). stayed the same

Shaheen Insurance Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shaheen Insurance 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.

Shaheen Insurance Co Days Payable Chart

Shaheen Insurance Co Annual Data
Trend
Days Payable

Shaheen Insurance Co Quarterly Data
Days Payable

KAR:SHNI vs ASIN, AFH, NSEC: Days Payable Comparison

For the Insurance - Property & Casualty subindustry, Shaheen Insurance 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.

Shaheen Insurance Co Days Payable vs Insurance Industry

For the Insurance industry and Financial Services sector, Shaheen Insurance Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaheen Insurance Co's Days Payable falls into.


Shaheen Insurance 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.

Shaheen Insurance Co'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

Shaheen Insurance Co'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?
Shaheen Insurance Co (KAR:SHNI) 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 Shaheen Insurance Co and its competitors.
Is Shaheen Insurance Co's Days Payable too high?
Shaheen Insurance Co's current Days Payable is 0.00.
How does Shaheen Insurance Co's Days Payable compare to ASIN and AFH?
Shaheen Insurance Co's Days Payable of 0.00 can be compared against companies in the Insurance industry. The industry median Days Payable is 50.38. 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 Insurance company?
The median Days Payable among Insurance companies is 50.38, based on 55 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 Shaheen Insurance Co and its competitors. For the Insurance industry, the median Days Payable is 50.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaheen Insurance Co'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 Shaheen Insurance Co stock overvalued right now?
Shaheen Insurance Co (KAR:SHNI) 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 Shaheen Insurance Co (KAR:SHNI), 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.

Shaheen Insurance Co Business Description

Address 10th Floor, M.R. Kayani Road, Shaheen Complex, Karachi, SD, PAK, 74200
Shaheen Insurance Co Ltd provides general insurance products and services. There are five business operating segments of the company are Fire, Marine, Motor Aviation and Transport, Accident and Health, and Miscellaneous. Fire insurance segment provides insurance covers against damages caused by fire, riot and strike, explosion, earthquake, atmospheric damage, flood, electric Fluctuation and impact. The marine insurance segment provides coverage against cargo risk, war risk and damages occurring in inland transit. Motor aviation and transport insurance provides comprehensive vehicle coverage and indemnity against third-party loss. Accident and health insurance provides cover against loss due to accidental injury or sickness.