Lakshmi Engineering and Warehousing (BOM:505302) Days Payable: 48.21 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:505302 Lakshmi Engineering and Warehousing Ltd BOM:505302
65 GF Score
Price ₹2,365.00
GF Value ₹2,242.04
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Lakshmi Engineering and Warehousing Days Payable?

Lakshmi Engineering and Warehousing BOM:505302 +0.64% 65 Days Payable is 48.21 as of Mar. 2026, which is 3% above its 10-year median of 46.62. GuruFocus rates BOM:505302 with a GF Score™ of 65/100 and a GF Value™ of ₹2,242.04 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Lakshmi Engineering and Warehousing ranks worse than 79% on this metric.

Lakshmi Engineering and Warehousing's average Accounts Payable for the three months ended in Mar. 2026 was ₹1.7 Mil. Lakshmi Engineering and Warehousing's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3.2 Mil. Hence, Lakshmi Engineering and Warehousing's Days Payable for the three months ended in Mar. 2026 was 48.21.

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

BOM:505302' s Days Payable Range Over the Past 10 Years
Min: 29.35   Med: 46.62   Max: 65.97
Current: 39.07

During the past 13 years, Lakshmi Engineering and Warehousing's highest Days Payable was 65.97. The lowest was 29.35. And the median was 46.62.

BOM:505302's Days Payable is ranked worse than
79% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs BOM:505302: 39.07

Lakshmi Engineering and Warehousing's Days Payable declined from Mar. 2025 (50.72) to Mar. 2026 (48.21). It may suggest that Lakshmi Engineering and Warehousing accelerated paying its suppliers.


Lakshmi Engineering and Warehousing Days Payable Related Terms


Lakshmi Engineering and Warehousing Days Payable Historical Data

* Premium members only.

The historical data trend for Lakshmi Engineering and Warehousing'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.

Lakshmi Engineering and Warehousing Days Payable Chart

Lakshmi Engineering and Warehousing 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 40.24 45.55 40.97 65.97 47.78

Lakshmi Engineering and Warehousing 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 50.72 49.94 16.29 30.08 48.21

BOM:505302 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Lakshmi Engineering and Warehousing'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.


Lakshmi Engineering and Warehousing Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lakshmi Engineering and Warehousing's Days Payable distribution charts can be found below:

* The bar in red indicates where Lakshmi Engineering and Warehousing's Days Payable falls into.


BOM:505302
65GF Score
Lakshmi Engineering and Warehousing Ltd BOM:505302
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lakshmi Engineering and Warehousing 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.

Lakshmi Engineering and Warehousing'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
=( (1.365 + 1.695) / 2 ) / 11.687*365
=1.53 / 11.687*365
=47.78

Lakshmi Engineering and Warehousing'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 + 1.695) / 1 ) / 3.208*365 / 4
=1.695 / 3.208*365 / 4
=48.21

* 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 48.21 mean?
Lakshmi Engineering and Warehousing (BOM:505302) has a Days Payable of 48.21 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 Lakshmi Engineering and Warehousing and its competitors. This is near median its historical median of 46.62. Over the past decade, Lakshmi Engineering and Warehousing's Days Payable has ranged from 29.35 to 65.97. According to the industry distribution chart, Lakshmi Engineering and Warehousing ranks #2363 out of 2991 companies in the Industrial Products industry, placing it in the top 79%.
Is Lakshmi Engineering and Warehousing's Days Payable too high?
Lakshmi Engineering and Warehousing's current Days Payable of 48.21 is near median its 10-year median of 46.62. Over the past 10 years, this metric has ranged from a low of 29.35 to a high of 65.97. The Industrial Products industry median Days Payable is 78.05. Lakshmi Engineering and Warehousing's value of 48.21 is 38.2% below this industry median. Based on the distribution chart, Lakshmi Engineering and Warehousing ranks #2363 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Lakshmi Engineering and Warehousing has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lakshmi Engineering and Warehousing's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Lakshmi Engineering and Warehousing ranks #2363 out of 2991 companies for Days Payable. This places Lakshmi Engineering and Warehousing in the lower half of its industry. The industry median Days Payable is 78.05. Lakshmi Engineering and Warehousing's value of 48.21 is 38.2% below this benchmark. Historically, Lakshmi Engineering and Warehousing's own Days Payable has ranged from 29.35 to 65.97 over the past decade. While the company's 10-year median is 46.62 vs. the industry median of 78.05, Lakshmi Engineering and Warehousing 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,991 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. Lakshmi Engineering and Warehousing's current Days Payable of 48.21 is 38.2% 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 Lakshmi Engineering and Warehousing and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakshmi Engineering and Warehousing's current Days Payable is 48.21, which is near median its own 10-year median of 46.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Engineering and Warehousing stock overvalued right now?
Based on GuruFocus' analysis, Lakshmi Engineering and Warehousing (BOM:505302) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,242.04, compared to a current price of ₹2,365.00 — trading 5.5% above its estimated fair value. The current Days Payable is 48.21, which is near median its 10-year median of 46.62 and 38.2% below the Industrial Products industry median of 78.05. Lakshmi Engineering and Warehousing's overall GF Score™ is 65/100 with 5 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 Lakshmi Engineering and Warehousing (BOM:505302), the current Days Payable is 48.21 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 Lakshmi Engineering and Warehousing (BOM:505302) Overvalued in 2026?

Based on GuruFocus' analysis, Lakshmi Engineering and Warehousing stock appears to be overvalued. The current stock price of ₹2,365.00 is trading 5.5% above its estimated GF Value™ of ₹2,242.04. GuruFocus considers Lakshmi Engineering and Warehousing to be Fairly Valued.

Key valuation signals for BOM:505302:

  • Days Payable: 48.21 (near median its 10-year median of 46.62)
  • GF Value™: ₹2,242.04 vs. price of ₹2,365.00 (5.5% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 38.2% below the Industrial Products median (#2363 of 2991)

No single metric tells the full story. See the BOM:505302 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lakshmi Engineering and Warehousing Business Description

Address 686, Avanashi Road, Pappanaickenpalayam, Coimbatore, TN, IND, 641037
Lakshmi Engineering and Warehousing Ltd manufactures textile machinery and related accessories. It is divided into two segments namely Warehousing Rental Services, and Other Engineering Services. The Warehousing Rental Services segment consists of Warehousing Rental income on the Land and Buildings at Hosur and the Engineering Services segment consists of the Manufacture and Sale of Accessories and Spares of Weaving and Knitting Machines and Parts and Accessories for Machine Tools. It gets a majority of its revenue from Warehousing Rental services.
65GF Score

Get the complete analysis for BOM:505302

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

₹2,365.00
Price
₹2,242.04
GF Value