Punjab Communications (BOM:500346) Days Payable: 383.38 (As of Mar. 2026) — 21% Below Median

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BOM:500346 Punjab Communications Ltd BOM:500346
56 GF Score
Price ₹49.75
GF Value ₹88.62
Valuation Possible Value Trap
! 3 Warning Signs
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What is Punjab Communications Days Payable?

Punjab Communications BOM:500346 -0.42% 56 Days Payable is 383.38 as of Mar. 2026, which is 21% below its 10-year median of 485.45. GuruFocus rates BOM:500346 with a GF Score™ of 56/100 and a GF Value™ of ₹88.62 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,443 Hardware companies, Punjab Communications ranks better than 98.2% on this metric.

Punjab Communications's average Accounts Payable for the three months ended in Mar. 2026 was ₹156.3 Mil. Punjab Communications's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹37.2 Mil. Hence, Punjab Communications's Days Payable for the three months ended in Mar. 2026 was 383.38.

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

BOM:500346' s Days Payable Range Over the Past 10 Years
Min: 246.91   Med: 485.45   Max: 1274.83
Current: 478.09

During the past 13 years, Punjab Communications's highest Days Payable was 1274.83. The lowest was 246.91. And the median was 485.45.

BOM:500346's Days Payable is ranked better than
98.2% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs BOM:500346: 478.09

Punjab Communications's Days Payable declined from Mar. 2025 (803.29) to Mar. 2026 (383.38). It may suggest that Punjab Communications accelerated paying its suppliers.


Punjab Communications Days Payable Historical Data

* Premium members only.

The historical data trend for Punjab Communications'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.

Punjab Communications Days Payable Chart

Punjab Communications 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 1,274.83 932.74 755.87 633.23 494.69

Punjab Communications 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 803.29 463.51 404.45 833.13 383.38

BOM:500346 vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, Punjab Communications'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.


Punjab Communications Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Punjab Communications's Days Payable distribution charts can be found below:

* The bar in red indicates where Punjab Communications's Days Payable falls into.


BOM:500346
56GF Score
Punjab Communications Ltd BOM:500346
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Punjab Communications 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.

Punjab Communications'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
=( (144.91 + 156.34) / 2 ) / 111.136*365
=150.625 / 111.136*365
=494.69

Punjab Communications'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 + 156.34) / 1 ) / 37.211*365 / 4
=156.34 / 37.211*365 / 4
=383.38

* 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 383.38 mean?
Punjab Communications (BOM:500346) has a Days Payable of 383.38 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 Punjab Communications and its competitors. This is 21% below median its historical median of 485.45. Over the past decade, Punjab Communications' Days Payable has ranged from 246.91 to 1,274.83. According to the industry distribution chart, Punjab Communications ranks #44 out of 2443 companies in the Hardware industry, placing it in the top 1.8%.
Is Punjab Communications' Days Payable too high?
Punjab Communications' current Days Payable of 383.38 is 21% below median its 10-year median of 485.45. Over the past 10 years, this metric has ranged from a low of 246.91 to a high of 1,274.83. The Hardware industry median Days Payable is 69.89. Punjab Communications' value of 383.38 is 448.5% above this industry median. Based on the distribution chart, Punjab Communications ranks #44 out of 2443 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Punjab Communications has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Punjab Communications' Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Punjab Communications ranks #44 out of 2443 companies for Days Payable. This places Punjab Communications in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Punjab Communications' value of 383.38 is 448.5% above this benchmark. Historically, Punjab Communications' own Days Payable has ranged from 246.91 to 1,274.83 over the past decade. While the company's 10-year median is 485.45 vs. the industry median of 69.89, Punjab Communications 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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. Punjab Communications's current Days Payable of 383.38 is 448.5% 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 Punjab Communications and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Punjab Communications's current Days Payable is 383.38, which is 21% below median its own 10-year median of 485.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Punjab Communications stock overvalued right now?
Based on GuruFocus' analysis, Punjab Communications (BOM:500346) is currently considered Possible Value Trap. The stock's GF Value™ is ₹88.62, compared to a current price of ₹49.75 — trading 43.9% below its estimated fair value. The current Days Payable is 383.38, which is 21% below median its 10-year median of 485.45 and 448.5% above the Hardware industry median of 69.89. Punjab Communications' overall GF Score™ is 56/100 with 3 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 Punjab Communications (BOM:500346), the current Days Payable is 383.38 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 Punjab Communications (BOM:500346) Overvalued in 2026?

Based on GuruFocus' analysis, Punjab Communications stock appears to be undervalued. The current stock price of ₹49.75 is trading 43.9% below its estimated GF Value™ of ₹88.62. GuruFocus considers Punjab Communications to be Possible Value Trap.

Key valuation signals for BOM:500346:

  • Days Payable: 383.38 (21% below median its 10-year median of 485.45)
  • GF Value™: ₹88.62 vs. price of ₹49.75 (43.9% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 448.5% above the Hardware median (#44 of 2443)

No single metric tells the full story. See the BOM:500346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Punjab Communications Business Description

Address B-91, Phase-VIII, Industrial Area, S.A.S. Nagar, Mohali, PB, IND, 160071
Punjab Communications Ltd is a Telecom and IT equipment and solution provider. Its activities span across various areas such as; Telecom equipment manufacturing, IT and Software Solutions, Turnkey Projects, and Repair and Maintenance. Its product portfolio includes power line carrier communication, line matching unit, control communication equipment, and drop multiplexer among others. The company also provides contract manufacturing services, IT solutions, and takes up turnkey projects, involving installation, commissioning, and maintenance of complete range of telecommunications equipment on a pan-India level. It operates in a single segment which is the manufacturing of telecom products.
56GF Score

Get the complete analysis for BOM:500346

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

₹49.75
Price
₹88.62
GF Value