Bagir Group (LSE:BAGR) Days Payable: 55.76 (As of Jun. 2019) — 49% Above Median


What is Bagir Group Days Payable?

Bagir Group LSE:BAGR Days Payable is 55.76 as of Jun. 2019, which is 49% above its 10-year median of 37.37. The stock has 4 warning signs investors should review.

Bagir Group's average Accounts Payable for the six months ended in Jun. 2019 was £6.96 Mil. Bagir Group's Cost of Goods Sold for the six months ended in Jun. 2019 was £22.79 Mil. Hence, Bagir Group's Days Payable for the six months ended in Jun. 2019 was 55.76.

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

LSE:BAGR' s Days Payable Range Over the Past 10 Years
Min: 26.19   Med: 37.37   Max: 63.39
Current: 63.39

During the past 8 years, Bagir Group's highest Days Payable was 63.39. The lowest was 26.19. And the median was 37.37.

LSE:BAGR's Days Payable is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.045 vs LSE:BAGR: 63.39

Bagir Group's Days Payable increased from Jun. 2018 (53.12) to Jun. 2019 (55.76). It may suggest that Bagir Group delayed paying its suppliers.


Bagir Group Days Payable Historical Data

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The historical data trend for Bagir Group'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.

Bagir Group Days Payable Chart

Bagir Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial 31.66 33.35 28.47 38.06 44.65

Bagir Group Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 34.11 45.65 53.12 52.41 55.76

LSE:BAGR vs KBSF: Days Payable Comparison

For the Apparel Manufacturing subindustry, Bagir Group'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.


Bagir Group Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bagir Group's Days Payable falls into.



Bagir Group 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.

Bagir Group's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (3.68 + 6.157) / 2 ) / 40.211*365
=4.9185 / 40.211*365
=44.65

Bagir Group's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable (Q: Jun. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (6.157 + 7.768) / 2 ) / 22.786*365 / 2
=6.9625 / 22.786*365 / 2
=55.76

* 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 55.76 mean?
Bagir Group (LSE:BAGR) has a Days Payable of 55.76 as of Jun. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bagir Group and its competitors. This is 49% above median its historical median of 37.37. Over the past decade, Bagir Group's Days Payable has ranged from 26.19 to 63.39.
Is Bagir Group's Days Payable too high?
Bagir Group's current Days Payable of 55.76 is 49% above median its 10-year median of 37.37. Over the past 10 years, this metric has ranged from a low of 26.19 to a high of 63.39. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Bagir Group's value of 55.76 is 3.2% above this industry median.
How does Bagir Group's Days Payable compare to KBSF?
Bagir Group's Days Payable of 55.76 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.05. Bagir Group's value of 55.76 is 3.2% above this benchmark. Historically, Bagir Group's own Days Payable has ranged from 26.19 to 63.39 over the past decade. While the company's 10-year median is 37.37 vs. the industry median of 54.05, Bagir Group 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 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. Bagir Group's current Days Payable of 55.76 is 3.2% 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 Bagir Group 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. Bagir Group's current Days Payable is 55.76, which is 49% above median its own 10-year median of 37.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bagir Group stock overvalued right now?
Bagir Group (LSE:BAGR) has a current Days Payable of 55.76. The current Days Payable is 55.76, which is 49% above median its 10-year median of 37.37 and 3.2% above the Manufacturing - Apparel & Accessories industry median of 54.05. 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 Bagir Group (LSE:BAGR), the current Days Payable is 55.76 as of Jun. 2019. 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.

Bagir Group Business Description

Address 44 Israel Pollack Road, Kiryat Gat, ISR, 82101
Bagir Group Ltd is a tailoring provider engaged in developing, manufacturing and marketing of men and women's tailored fashions. The company markets its suits, jackets, and trousers under retail private labels such as GIR Collection, AR-RED, and Jay Godfrey. Its products are marketed under two geographical segments Europe and the United States of America of which the US generates maximum revenue. Its activities in Europe are concentrated in the United Kingdom.