Relic Technologies (BOM:511712) Days Payable: 41.21 (As of Mar. 2026) — 1715% Above Median

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BOM:511712 Relic Technologies Ltd BOM:511712
53 GF Score
Price ₹65.55
GF Value ₹25.13
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Relic Technologies Days Payable?

Relic Technologies BOM:511712 -6.53% 53 Days Payable is 41.21 as of Mar. 2026, which is 1715% above its 10-year median of 2.27. GuruFocus rates BOM:511712 with a GF Score™ of 53/100 and a GF Value™ of ₹25.13 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 539 Capital Markets companies, Relic Technologies ranks worse than 68.27% on this metric.

Relic Technologies's average Accounts Payable for the three months ended in Mar. 2026 was ₹5.21 Mil. Relic Technologies's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹11.53 Mil. Hence, Relic Technologies's Days Payable for the three months ended in Mar. 2026 was 41.21.

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

BOM:511712' s Days Payable Range Over the Past 10 Years
Min: 1.74   Med: 2.27   Max: 45.76
Current: 28.71

During the past 13 years, Relic Technologies's highest Days Payable was 45.76. The lowest was 1.74. And the median was 2.27.

BOM:511712's Days Payable is ranked worse than
68.27% of 539 companies
in the Capital Markets industry
Industry Median: 91.67 vs BOM:511712: 28.71

Relic Technologies's Days Payable increased from Mar. 2025 (19.66) to Mar. 2026 (41.21). It may suggest that Relic Technologies delayed paying its suppliers.


Relic Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Relic Technologies'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.

Relic Technologies Days Payable Chart

Relic Technologies 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 0.00 0.00 0.00 45.76 25.71

Relic Technologies 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 19.66 6.28 61.19 40.09 41.21

BOM:511712 vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Relic Technologies'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.


Relic Technologies Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Relic Technologies's Days Payable distribution charts can be found below:

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


BOM:511712
53GF Score
Relic Technologies Ltd BOM:511712
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Relic Technologies 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.

Relic Technologies'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
=( (1.303 + 5.208) / 2 ) / 46.219*365
=3.2555 / 46.219*365
=25.71

Relic Technologies'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 + 5.208) / 1 ) / 11.533*365 / 4
=5.208 / 11.533*365 / 4
=41.21

* 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 41.21 mean?
Relic Technologies (BOM:511712) has a Days Payable of 41.21 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 Relic Technologies and its competitors. This is 1715% above median its historical median of 2.27. Over the past decade, Relic Technologies' Days Payable has ranged from 1.74 to 45.76. According to the industry distribution chart, Relic Technologies ranks #368 out of 539 companies in the Capital Markets industry, placing it in the top 68.3%.
Is Relic Technologies' Days Payable too high?
Relic Technologies' current Days Payable of 41.21 is 1715% above median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 45.76. The Capital Markets industry median Days Payable is 91.67. Relic Technologies' value of 41.21 is 55% below this industry median. Based on the distribution chart, Relic Technologies ranks #368 out of 539 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Relic Technologies has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Relic Technologies' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Relic Technologies ranks #368 out of 539 companies for Days Payable. This places Relic Technologies in the lower half of its industry. The industry median Days Payable is 91.67. Relic Technologies' value of 41.21 is 55% below this benchmark. Historically, Relic Technologies' own Days Payable has ranged from 1.74 to 45.76 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 91.67, Relic Technologies 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 91.67, 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. Relic Technologies's current Days Payable of 41.21 is 55% 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 Relic Technologies and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Relic Technologies's current Days Payable is 41.21, which is 1715% above median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Relic Technologies stock overvalued right now?
Based on GuruFocus' analysis, Relic Technologies (BOM:511712) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹25.13, compared to a current price of ₹65.55 — trading 160.8% above its estimated fair value. The current Days Payable is 41.21, which is 1715% above median its 10-year median of 2.27 and 55% below the Capital Markets industry median of 91.67. Relic Technologies' overall GF Score™ is 53/100 with 7 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 Relic Technologies (BOM:511712), the current Days Payable is 41.21 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 Relic Technologies (BOM:511712) Overvalued in 2026?

Based on GuruFocus' analysis, Relic Technologies stock appears to be overvalued. The current stock price of ₹65.55 is trading 160.8% above its estimated GF Value™ of ₹25.13. GuruFocus considers Relic Technologies to be Significantly Overvalued.

Key valuation signals for BOM:511712:

  • Days Payable: 41.21 (1715% above median its 10-year median of 2.27)
  • GF Value™: ₹25.13 vs. price of ₹65.55 (160.8% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 55% below the Capital Markets median (#368 of 539)

No single metric tells the full story. See the BOM:511712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Relic Technologies Business Description

Address Kalbadevi Road, J-Block, Bhangwadi Shopping Centre, Mumbai, MH, IND, 400002
Relic Technologies Ltd is engaged in the share broking business in India. It serves institutional clients.
53GF Score

Get the complete analysis for BOM:511712

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

₹65.55
Price
₹25.13
GF Value