Mid India Industries (BOM:500277) Days Payable: 111.88 (As of Mar. 2026) — 57% Below Median

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BOM:500277 Mid India Industries Ltd BOM:500277
47 GF Score
Price ₹6.38
GF Value ₹17.48
Valuation Possible Value Trap
! 2 Warning Signs
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What is Mid India Industries Days Payable?

Mid India Industries BOM:500277 +4.59% 47 Days Payable is 111.88 as of Mar. 2026, which is 57% below its 10-year median of 259.53. GuruFocus rates BOM:500277 with a GF Score™ of 47/100 and a GF Value™ of ₹17.48 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,571 Real Estate companies, Mid India Industries ranks better than 71.93% on this metric.

Mid India Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹72.1 Mil. Mid India Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹58.8 Mil. Hence, Mid India Industries's Days Payable for the three months ended in Mar. 2026 was 111.88.

The historical rank and industry rank for Mid India Industries's Days Payable or its related term are showing as below:

BOM:500277' s Days Payable Range Over the Past 10 Years
Min: 95.59   Med: 259.53   Max: 3018.67
Current: 214.43

During the past 13 years, Mid India Industries's highest Days Payable was 3018.67. The lowest was 95.59. And the median was 259.53.

BOM:500277's Days Payable is ranked better than
71.93% of 1571 companies
in the Real Estate industry
Industry Median: 94.03 vs BOM:500277: 214.43

Mid India Industries's Days Payable declined from Mar. 2025 (426.94) to Mar. 2026 (111.88). It may suggest that Mid India Industries accelerated paying its suppliers.


Mid India Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Mid India Industries'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.

Mid India Industries Days Payable Chart

Mid India Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 228.49 290.56 495.98 449.90 210.78

Mid India Industries 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 426.94 392.76 548.72 213.06 111.88

Mid India Industries Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Mid India Industries'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.


Mid India Industries Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mid India Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Mid India Industries's Days Payable falls into.


BOM:500277
47GF Score
Mid India Industries Ltd BOM:500277
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mid India Industries 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.

Mid India Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (59.033 + 72.138) / 2 ) / 113.57*365
=65.5855 / 113.57*365
=210.78

Mid India Industries'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
=( (0 + 72.138) / 1 ) / 58.834*365 / 4
=72.138 / 58.834*365 / 4
=111.88

* 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 111.88 mean?
Mid India Industries (BOM:500277) has a Days Payable of 111.88 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 Mid India Industries and its competitors. This is 57% below median its historical median of 259.53. Over the past decade, Mid India Industries' Days Payable has ranged from 95.59 to 3,018.67. According to the industry distribution chart, Mid India Industries ranks #441 out of 1571 companies in the Real Estate industry, placing it in the top 28.1%.
Is Mid India Industries' Days Payable too high?
Mid India Industries' current Days Payable of 111.88 is 57% below median its 10-year median of 259.53. Over the past 10 years, this metric has ranged from a low of 95.59 to a high of 3,018.67. The Real Estate industry median Days Payable is 94.03. Mid India Industries' value of 111.88 is 19% above this industry median. Based on the distribution chart, Mid India Industries ranks #441 out of 1571 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mid India Industries has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mid India Industries' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Mid India Industries ranks #441 out of 1571 companies for Days Payable. This puts Mid India Industries in the upper half of its industry. The industry median Days Payable is 94.03. Mid India Industries' value of 111.88 is 19% above this benchmark. Historically, Mid India Industries' own Days Payable has ranged from 95.59 to 3,018.67 over the past decade. While the company's 10-year median is 259.53 vs. the industry median of 94.03, Mid India Industries 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,571 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. Mid India Industries's current Days Payable of 111.88 is 19% 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 Mid India Industries and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mid India Industries's current Days Payable is 111.88, which is 57% below median its own 10-year median of 259.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mid India Industries stock overvalued right now?
Based on GuruFocus' analysis, Mid India Industries (BOM:500277) is currently considered Possible Value Trap. The stock's GF Value™ is ₹17.48, compared to a current price of ₹6.38 — trading 63.5% below its estimated fair value. The current Days Payable is 111.88, which is 57% below median its 10-year median of 259.53 and 19% above the Real Estate industry median of 94.03. Mid India Industries' overall GF Score™ is 47/100 with 2 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 Mid India Industries (BOM:500277), the current Days Payable is 111.88 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 Mid India Industries (BOM:500277) Overvalued in 2026?

Based on GuruFocus' analysis, Mid India Industries stock appears to be undervalued. The current stock price of ₹6.38 is trading 63.5% below its estimated GF Value™ of ₹17.48. GuruFocus considers Mid India Industries to be Possible Value Trap.

Key valuation signals for BOM:500277:

  • Days Payable: 111.88 (57% below median its 10-year median of 259.53)
  • GF Value™: ₹17.48 vs. price of ₹6.38 (63.5% below fair value)
  • GF Score™: 47/100 with 2 warning signs
  • Industry Position: 19% above the Real Estate median (#441 of 1571)

No single metric tells the full story. See the BOM:500277 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mid India Industries Business Description

Address 401, Princess Centre, 6/3, New Palasia, Indore, MP, IND, 452003
Mid India Industries Ltd is is engaged in Trading business. Its primary focus will be on real estate business. The company has received approval to develop the residential colony with project names Agrasen Enclave-2 colony.
47GF Score

Get the complete analysis for BOM:500277

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

₹6.38
Price
₹17.48
GF Value