Western Marine Shipyard (DHA:WMSHIPYARD) Days Payable : 60.17 (As of Jun. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Western Marine Shipyard Days Payable?

Western Marine Shipyard's average Accounts Payable for the six months ended in Jun. 2023 was BDT86.6 Mil. Western Marine Shipyard's Cost of Goods Sold for the six months ended in Jun. 2023 was BDT525.6 Mil. Hence, Western Marine Shipyard's Days Payable for the six months ended in Jun. 2023 was 30.09.

The historical rank and industry rank for Western Marine Shipyard's Days Payable or its related term are showing as below:

DHA:WMSHIPYARD' s Days Payable Range Over the Past 10 Years
Min: 17.01 Med: 22.37 Max: 60.17
Current: 60.17

During the past 9 years, Western Marine Shipyard's highest Days Payable was 60.17. The lowest was 17.01. And the median was 22.37.

DHA:WMSHIPYARD's Days Payable is ranked worse than
57.24% of 297 companies
in the Aerospace & Defense industry
Industry Median: 75.31 vs DHA:WMSHIPYARD: 60.17

Western Marine Shipyard's Days Payable increased from Jun. 2021 (51.42) to Jun. 2023 (60.17). It may suggest that Western Marine Shipyard delayed paying its suppliers.

Western Marine Shipyard Days Payable Historical Data

The historical data trend for Western Marine Shipyard'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.

* Premium members only.

Western Marine Shipyard Days Payable Chart

Western Marine Shipyard Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

17.01

22.07

51.42

54.56

60.17

Western Marine Shipyard Semi-Annual Data
	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Days Payable	Get a 7-Day Free Trial				17.01	22.07	51.42	54.56	60.17

Competitive Comparison of Western Marine Shipyard's Days Payable

For the Aerospace & Defense subindustry, Western Marine Shipyard'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.

Western Marine Shipyard's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's Days Payable distribution charts can be found below:

* The bar in red indicates where Western Marine Shipyard's Days Payable falls into.

Western Marine Shipyard 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.

Western Marine Shipyard's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (86.646	+	86.646)	/	2 )	/	525.571	*	365
=	86.646					/	525.571	*	365
=	60.17

Western Marine Shipyard's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (86.646	+	86.646)	/	2 )	/	525.571	*	365 / 2
=	86.646					/	525.571	*	365 / 2
=	30.09

Western Marine Shipyard Days Payable Related Terms

Thank you for viewing the detailed overview of Western Marine Shipyard's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Western Marine Shipyard (DHA:WMSHIPYARD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Western Marine Shipyard Ltd (DHA:WMSHIPYARD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1440/A Strand Road, Amin Future Park, 7th Floor, Chittagong, BGD, 4100

Website

http://www.wms.com.bd

Western Marine Shipyard Ltd operates its business in the maritime industry. The company specializes in ship repairing and export of marine supplies. Its other business activities are to establish, build, construct shipyard, dockyard, slipway and to undertake ownership/management of shipyard and dockyard. The company builds different types of ships such as bulk carrier, container, tanker, passenger, petrol vassal, and fishing trawler.

Western Marine Shipyard (DHA:WMSHIPYARD) Headlines

No Headlines