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What is Modern Shares & Stockbrokers Days Payable?
Modern Shares & StockbrokersBOM:509760 -5.55%69 Days Payable is 62.50 as of Mar. 2026, which is 86% below its 10-year median of 458.62. GuruFocus rates BOM:509760 with a GF Score™ of 69/100 and a GF Value™ of ₹40.96 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 539 Capital Markets companies, Modern Shares & Stockbrokers ranks worse than 53.62% on this metric.
* 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.
BOM:509760 vs MS, GS, SCHW: Days Payable Comparison
For the Capital Markets subindustry, Modern Shares & Stockbrokers'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.
Modern Shares & Stockbrokers Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Modern Shares & Stockbrokers's Days Payable distribution charts can be found below:
* The bar in red indicates where Modern Shares & Stockbrokers's Days Payable falls into.
Modern Shares & Stockbrokers 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.
* 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.
Modern Shares & Stockbrokers (BOM:509760) has a Days Payable of 62.50 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 Modern Shares & Stockbrokers and its competitors. This is 86% below median its historical median of 458.62. Over the past decade, Modern Shares & Stockbrokers' Days Payable has ranged from 51.46 to 815.22. According to the industry distribution chart, Modern Shares & Stockbrokers ranks #289 out of 539 companies in the Capital Markets industry, placing it in the top 53.6%.
Is Modern Shares & Stockbrokers' Days Payable too high?
Modern Shares & Stockbrokers' current Days Payable of 62.50 is 86% below median its 10-year median of 458.62. Over the past 10 years, this metric has ranged from a low of 51.46 to a high of 815.22. The Capital Markets industry median Days Payable is 88.46. Modern Shares & Stockbrokers' value of 62.50 is 29.3% below this industry median. Based on the distribution chart, Modern Shares & Stockbrokers ranks #289 out of 539 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Modern Shares & Stockbrokers has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Shares & Stockbrokers' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Modern Shares & Stockbrokers ranks #289 out of 539 companies for Days Payable. This places Modern Shares & Stockbrokers in the lower half of its industry. The industry median Days Payable is 88.46. Modern Shares & Stockbrokers' value of 62.50 is 29.3% below this benchmark. Historically, Modern Shares & Stockbrokers' own Days Payable has ranged from 51.46 to 815.22 over the past decade. While the company's 10-year median is 458.62 vs. the industry median of 88.46, Modern Shares & Stockbrokers 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 88.46, based on 539 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. Modern Shares & Stockbrokers's current Days Payable of 62.50 is 29.3% 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 Modern Shares & Stockbrokers and its competitors. For the Capital Markets industry, the median Days Payable is 88.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Shares & Stockbrokers's current Days Payable is 62.50, which is 86% below median its own 10-year median of 458.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Shares & Stockbrokers stock overvalued right now?
Based on GuruFocus' analysis, Modern Shares & Stockbrokers (BOM:509760) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹40.96, compared to a current price of ₹33.01 — trading 19.4% below its estimated fair value. The current Days Payable is 62.50, which is 86% below median its 10-year median of 458.62 and 29.3% below the Capital Markets industry median of 88.46. Modern Shares & Stockbrokers' overall GF Score™ is 69/100 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 Modern Shares & Stockbrokers (BOM:509760), the current Days Payable is 62.50 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 Modern Shares & Stockbrokers (BOM:509760) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Shares & Stockbrokers stock appears to be undervalued.
The current stock price of ₹33.01 is trading 19.4% below its estimated GF Value™ of ₹40.96.
GuruFocus considers Modern Shares & Stockbrokers to be Modestly Undervalued.
Key valuation signals for BOM:509760:
Days Payable: 62.50 (86% below median its 10-year median of 458.62)
GF Value™: ₹40.96 vs. price of ₹33.01 (19.4% below fair value)
Industry Position: 29.3% below the Capital Markets median (#289 of 539)
No single metric tells the full story. See the BOM:509760 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modern Shares & Stockbrokers Ltd mainly provides stock broking services in India. It offers a range of services covering retail broking, mutual fund distribution, and research and advisory services.
69GF Score
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