Simplex Realty (BOM:503229) Days Payable: 1.26 (As of Mar. 2026) — 91% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

BOM:503229 Simplex Realty Ltd BOM:503229
58 GF Score
Price ₹120.20
GF Value ₹701.88
Valuation Possible Value Trap
! 3 Warning Signs
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What is Simplex Realty Days Payable?

Simplex Realty BOM:503229 -4.98% 58 Days Payable is 1.26 as of Mar. 2026, which is 91% below its 10-year median of 14.68. GuruFocus rates BOM:503229 with a GF Score™ of 58/100 and a GF Value™ of ₹701.88 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,572 Real Estate companies, Simplex Realty ranks worse than 98.28% on this metric.

Simplex Realty's average Accounts Payable for the three months ended in Mar. 2026 was ₹1.1 Mil. Simplex Realty's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹83.1 Mil. Hence, Simplex Realty's Days Payable for the three months ended in Mar. 2026 was 1.26.

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

BOM:503229' s Days Payable Range Over the Past 10 Years
Min: 1.23   Med: 14.68   Max: 57.28
Current: 2.17

During the past 13 years, Simplex Realty's highest Days Payable was 57.28. The lowest was 1.23. And the median was 14.68.

BOM:503229's Days Payable is ranked worse than
98.28% of 1572 companies
in the Real Estate industry
Industry Median: 93.66 vs BOM:503229: 2.17

Simplex Realty's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (1.26). It may suggest that Simplex Realty delayed paying its suppliers.


Simplex Realty Days Payable Historical Data

* Premium members only.

The historical data trend for Simplex Realty'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.

Simplex Realty Days Payable Chart

Simplex Realty 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 52.56 57.28 20.64 1.23 2.17

Simplex Realty 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 0.00 0.91 5.53 0.00 1.26

Simplex Realty Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Simplex Realty'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.


Simplex Realty Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Simplex Realty's Days Payable distribution charts can be found below:

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


BOM:503229
58GF Score
Simplex Realty Ltd BOM:503229
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simplex Realty 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.

Simplex Realty'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
=( (0.157 + 1.147) / 2 ) / 109.588*365
=0.652 / 109.588*365
=2.17

Simplex Realty'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 + 1.147) / 1 ) / 83.066*365 / 4
=1.147 / 83.066*365 / 4
=1.26

* 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 1.26 mean?
Simplex Realty (BOM:503229) has a Days Payable of 1.26 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 Simplex Realty and its competitors. This is 91% below median its historical median of 14.68. Over the past decade, Simplex Realty's Days Payable has ranged from 1.23 to 57.28. According to the industry distribution chart, Simplex Realty ranks #1545 out of 1572 companies in the Real Estate industry, placing it in the top 98.3%.
Is Simplex Realty's Days Payable too high?
Simplex Realty's current Days Payable of 1.26 is 91% below median its 10-year median of 14.68. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 57.28. The Real Estate industry median Days Payable is 93.66. Simplex Realty's value of 1.26 is 98.7% below this industry median. Based on the distribution chart, Simplex Realty ranks #1545 out of 1572 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Simplex Realty has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Simplex Realty's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Simplex Realty ranks #1545 out of 1572 companies for Days Payable. This places Simplex Realty in the lower half of its industry. The industry median Days Payable is 93.66. Simplex Realty's value of 1.26 is 98.7% below this benchmark. Historically, Simplex Realty's own Days Payable has ranged from 1.23 to 57.28 over the past decade. While the company's 10-year median is 14.68 vs. the industry median of 93.66, Simplex Realty 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.66, based on 1,572 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. Simplex Realty's current Days Payable of 1.26 is 98.7% 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 Simplex Realty and its competitors. For the Real Estate industry, the median Days Payable is 93.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simplex Realty's current Days Payable is 1.26, which is 91% below median its own 10-year median of 14.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simplex Realty stock overvalued right now?
Based on GuruFocus' analysis, Simplex Realty (BOM:503229) is currently considered Possible Value Trap. The stock's GF Value™ is ₹701.88, compared to a current price of ₹120.20 — trading 82.9% below its estimated fair value. The current Days Payable is 1.26, which is 91% below median its 10-year median of 14.68 and 98.7% below the Real Estate industry median of 93.66. Simplex Realty's overall GF Score™ is 58/100 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 Simplex Realty (BOM:503229), the current Days Payable is 1.26 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 Simplex Realty (BOM:503229) Overvalued in 2026?

Based on GuruFocus' analysis, Simplex Realty stock appears to be undervalued. The current stock price of ₹120.20 is trading 82.9% below its estimated GF Value™ of ₹701.88. GuruFocus considers Simplex Realty to be Possible Value Trap.

Key valuation signals for BOM:503229:

  • Days Payable: 1.26 (91% below median its 10-year median of 14.68)
  • GF Value™: ₹701.88 vs. price of ₹120.20 (82.9% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 98.7% below the Real Estate median (#1545 of 1572)

No single metric tells the full story. See the BOM:503229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Simplex Realty Business Description

Address 30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Jacob Circle, Mahalaxmi, Mumbai, MH, IND, 400 011
Simplex Realty Ltd is a real estate development company that develops residential as well as commercial properties. The company's primary business activity is real estate development, which represents its sole reporting segment. The company's projects include Planet Godrej and Simplex KhushAangan. It develops residential building complexes, schools, hospitals, office spaces, IT parks, retail, healthcare, industries, and Special Economic Zones.
58GF Score

Get the complete analysis for BOM:503229

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

₹120.20
Price
₹701.88
GF Value