Forbes (BOM:502865) Days Payable: 212.29 (As of Mar. 2026) — 50% Above Median

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BOM:502865 Forbes & Co Ltd BOM:502865
32 GF Score
Price ₹288.95
! 3 Warning Signs
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What is Forbes Days Payable?

Forbes BOM:502865 +0.02% 32 Days Payable is 212.29 as of Mar. 2026, which is 50% above its 10-year median of 141.34. GuruFocus rates BOM:502865 with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Forbes ranks better than 97.84% on this metric.

Forbes's average Accounts Payable for the three months ended in Mar. 2026 was ₹146.3 Mil. Forbes's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹62.9 Mil. Hence, Forbes's Days Payable for the three months ended in Mar. 2026 was 212.29.

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

BOM:502865' s Days Payable Range Over the Past 10 Years
Min: 68.17   Med: 141.34   Max: 839.07
Current: 233.92

During the past 13 years, Forbes's highest Days Payable was 839.07. The lowest was 68.17. And the median was 141.34.

BOM:502865's Days Payable is ranked better than
97.84% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745 vs BOM:502865: 233.92

Forbes's Days Payable increased from Mar. 2025 (33.59) to Mar. 2026 (212.29). It may suggest that Forbes delayed paying its suppliers.


Forbes Days Payable Historical Data

* Premium members only.

The historical data trend for Forbes'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.

Forbes Days Payable Chart

Forbes 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 181.37 839.07 143.21 68.17 210.29

Forbes 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 33.59 190.69 293.51 291.84 212.29

BOM:502865 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Forbes'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.


Forbes Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Forbes's Days Payable distribution charts can be found below:

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


BOM:502865
32GF Score
Forbes & Co Ltd BOM:502865
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbes 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.

Forbes'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
=( (243.671 + 146.336) / 2 ) / 338.475*365
=195.0035 / 338.475*365
=210.29

Forbes'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 + 146.336) / 1 ) / 62.9*365 / 4
=146.336 / 62.9*365 / 4
=212.29

* 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 212.29 mean?
Forbes (BOM:502865) has a Days Payable of 212.29 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 Forbes and its competitors. This is 50% above median its historical median of 141.34. Over the past decade, Forbes' Days Payable has ranged from 68.17 to 839.07. According to the industry distribution chart, Forbes ranks #9 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 2.2%.
Is Forbes' Days Payable too high?
Forbes' current Days Payable of 212.29 is 50% above median its 10-year median of 141.34. Over the past 10 years, this metric has ranged from a low of 68.17 to a high of 839.07. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Forbes' value of 212.29 is 233% above this industry median. Based on the distribution chart, Forbes ranks #9 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Forbes has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Forbes' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Forbes ranks #9 out of 416 companies for Days Payable. This places Forbes in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 63.75. Forbes' value of 212.29 is 233% above this benchmark. Historically, Forbes' own Days Payable has ranged from 68.17 to 839.07 over the past decade. While the company's 10-year median is 141.34 vs. the industry median of 63.75, Forbes 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Forbes's current Days Payable of 212.29 is 233% 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 Forbes and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forbes's current Days Payable is 212.29, which is 50% above median its own 10-year median of 141.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbes stock overvalued right now?
Forbes (BOM:502865) has a current Days Payable of 212.29. The current Days Payable is 212.29, which is 50% above median its 10-year median of 141.34 and 233% above the Furnishings, Fixtures & Appliances industry median of 63.75. Forbes' overall GF Score™ is 32/100 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 Forbes (BOM:502865), the current Days Payable is 212.29 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.

Forbes Business Description

Address Forbes Building, Charanjit Rai Marg, Fort, Mumbai, MH, IND, 400001
Forbes & Co Ltd is mainly active in producing engineering tools. The company is engaged in the manufacturing and trading of engineering products, real estate development projects, and leasing of premises. The company has Business segments that include Coding and Industrial Automation, Real Estate, and others. The majority of revenue is generated from Real Estate.
32GF Score

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