Damsan JSC (STC:ADS) Days Payable: 23.28 (As of Mar. 2026) — 15% Below Median

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.

STC:ADS Damsan JSC STC:ADS
71 GF Score
Price ₫8,090.00
GF Value ₫9,681.18
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Damsan JSC Days Payable?

Damsan JSC STC:ADS 71 Days Payable is 23.28 as of Mar. 2026, which is 15% below its 10-year median of 27.49. GuruFocus rates STC:ADS with a GF Score™ of 71/100 and a GF Value™ of ₫9,681.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Damsan JSC ranks worse than 88.83% on this metric.

Damsan JSC's average Accounts Payable for the three months ended in Mar. 2026 was ₫95,296 Mil. Damsan JSC's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫373,595 Mil. Hence, Damsan JSC's Days Payable for the three months ended in Mar. 2026 was 23.28.

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

STC:ADS' s Days Payable Range Over the Past 10 Years
Min: 13.61   Med: 27.49   Max: 63.58
Current: 16.34

During the past 11 years, Damsan JSC's highest Days Payable was 63.58. The lowest was 13.61. And the median was 27.49.

STC:ADS's Days Payable is ranked worse than
88.83% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.06 vs STC:ADS: 16.34

Damsan JSC's Days Payable increased from Mar. 2025 (22.03) to Mar. 2026 (23.28). It may suggest that Damsan JSC delayed paying its suppliers.


Damsan JSC Days Payable Historical Data

* Premium members only.

The historical data trend for Damsan JSC'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.

Damsan JSC Days Payable Chart

Damsan JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.15 22.88 19.63 17.33 13.61

Damsan JSC 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 22.03 14.64 13.18 8.35 23.28

STC:ADS vs AIN: Days Payable Comparison

For the Textile Manufacturing subindustry, Damsan JSC'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.


Damsan JSC Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Damsan JSC's Days Payable falls into.


STC:ADS
71GF Score
Damsan JSC STC:ADS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Damsan JSC 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.

Damsan JSC's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (85103.553 + 35554.016) / 2 ) / 1617759.728*365
=60328.7845 / 1617759.728*365
=13.61

Damsan JSC'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
=( (35554.016 + 155038.906) / 2 ) / 373595.237*365 / 4
=95296.461 / 373595.237*365 / 4
=23.28

* 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 23.28 mean?
Damsan JSC (STC:ADS) has a Days Payable of 23.28 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 Damsan JSC and its competitors. This is 15% below median its historical median of 27.49. Over the past decade, Damsan JSC's Days Payable has ranged from 13.61 to 63.58. According to the industry distribution chart, Damsan JSC ranks #907 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 88.8%.
Is Damsan JSC's Days Payable too high?
Damsan JSC's current Days Payable of 23.28 is 15% below median its 10-year median of 27.49. Over the past 10 years, this metric has ranged from a low of 13.61 to a high of 63.58. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.06. Damsan JSC's value of 23.28 is 56.9% below this industry median. Based on the distribution chart, Damsan JSC ranks #907 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Damsan JSC has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Damsan JSC's Days Payable compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Damsan JSC ranks #907 out of 1021 companies for Days Payable. This places Damsan JSC in the lower half of its industry. The industry median Days Payable is 54.06. Damsan JSC's value of 23.28 is 56.9% below this benchmark. Historically, Damsan JSC's own Days Payable has ranged from 13.61 to 63.58 over the past decade. While the company's 10-year median is 27.49 vs. the industry median of 54.06, Damsan JSC has consistently been below 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 54.06, based on 1,021 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. Damsan JSC's current Days Payable of 23.28 is 56.9% below 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 Damsan JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Damsan JSC's current Days Payable is 23.28, which is 15% below median its own 10-year median of 27.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Damsan JSC stock overvalued right now?
Based on GuruFocus' analysis, Damsan JSC (STC:ADS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫9,681.18, compared to a current price of ₫8,090.00 — trading 16.4% below its estimated fair value. The current Days Payable is 23.28, which is 15% below median its 10-year median of 27.49 and 56.9% below the Manufacturing - Apparel & Accessories industry median of 54.06. Damsan JSC's overall GF Score™ is 71/100 with 4 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 Damsan JSC (STC:ADS), the current Days Payable is 23.28 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 Damsan JSC (STC:ADS) Overvalued in 2026?

Based on GuruFocus' analysis, Damsan JSC stock appears to be undervalued. The current stock price of ₫8,090.00 is trading 16.4% below its estimated GF Value™ of ₫9,681.18. GuruFocus considers Damsan JSC to be Modestly Undervalued.

Key valuation signals for STC:ADS:

  • Days Payable: 23.28 (15% below median its 10-year median of 27.49)
  • GF Value™: ₫9,681.18 vs. price of ₫8,090.00 (16.4% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 56.9% below the Manufacturing - Apparel & Accessories median (#907 of 1021)

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


Damsan JSC Business Description

Address Lot A4, Bui Vien Street, Nguyen Duc Canh Industrial Zone, Tran Hung Dao Ward, Hung Yen Province, Thai Binh, VNM
Damsan JSC is a Vietnam-based company operating mainly in the textile manufacturing and real estate industries. It manufactures cotton yarns, coarse textiles, and finished textile products, and is also engaged in developing and trading apartments and other urban real estate projects. Additionally, the company manufactures solar panels for solar farms, rooftop and floating solar projects, street lights, and other applications. Its operating business segments are: Cotton, Yarn, Towel, Real Estate, and Other business operations. The majority of the company's revenue is generated from the manufacturing and sale of yarns. Geographically, it generates maximum revenue from the local market and also has business exposure to other countries.
71GF Score

Get the complete analysis for STC:ADS

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

₫8,090.00
Price
₫9,681.18
GF Value