Tandhan Industries (BOM:512062) Days Payable: 23.46 (As of Jun. 2026) — 99% Below Median

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BOM:512062 Tandhan Industries Ltd BOM:512062
21 GF Score
Price ₹166.70
! 4 Warning Signs
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What is Tandhan Industries Days Payable?

Tandhan Industries BOM:512062 -2.80% 21 Days Payable is 23.46 as of Jun. 2026, which is 99% below its 10-year median of 1,566.30. GuruFocus rates BOM:512062 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 533 Capital Markets companies, Tandhan Industries ranks worse than 79.74% on this metric.

Tandhan Industries's average Accounts Payable for the three months ended in Jun. 2026 was ₹116 Mil. Tandhan Industries's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹452 Mil. Hence, Tandhan Industries's Days Payable for the three months ended in Jun. 2026 was 23.46.

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

BOM:512062' s Days Payable Range Over the Past 10 Years
Min: 12.51   Med: 1566.3   Max: 7673.42
Current: 12.51

During the past 13 years, Tandhan Industries's highest Days Payable was 7673.42. The lowest was 12.51. And the median was 1566.30.

BOM:512062's Days Payable is ranked worse than
79.74% of 533 companies
in the Capital Markets industry
Industry Median: 93.84 vs BOM:512062: 12.51

Tandhan Industries's Days Payable declined from Jun. 2025 (905.14) to Jun. 2026 (23.46). It may suggest that Tandhan Industries accelerated paying its suppliers.


Tandhan Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Tandhan Industries'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.

Tandhan Industries Days Payable Chart

Tandhan Industries 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 7,673.42 7,113.84 2,327.78 804.81 30.99

Tandhan Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 905.14 48.93 0.04 33.55 23.46

BOM:512062 vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Tandhan Industries'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.


Tandhan Industries Days Payable vs Capital Markets Industry

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

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


BOM:512062
21GF Score
Tandhan Industries Ltd BOM:512062
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tandhan Industries 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.

Tandhan Industries'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
=( (1.23 + 116.318) / 2 ) / 692.196*365
=58.774 / 692.196*365
=30.99

Tandhan Industries's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (116.318 + 0) / 1 ) / 452.37*365 / 4
=116.318 / 452.37*365 / 4
=23.46

* 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 23.46 mean?
Tandhan Industries (BOM:512062) has a Days Payable of 23.46 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tandhan Industries and its competitors. This is 99% below median its historical median of 1,566.30. Over the past decade, Tandhan Industries' Days Payable has ranged from 12.51 to 7,673.42. According to the industry distribution chart, Tandhan Industries ranks #425 out of 533 companies in the Capital Markets industry, placing it in the top 79.7%.
Is Tandhan Industries' Days Payable too high?
Tandhan Industries' current Days Payable of 23.46 is 99% below median its 10-year median of 1,566.30. Over the past 10 years, this metric has ranged from a low of 12.51 to a high of 7,673.42. The Capital Markets industry median Days Payable is 93.84. Tandhan Industries' value of 23.46 is 75% below this industry median. Based on the distribution chart, Tandhan Industries ranks #425 out of 533 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tandhan Industries has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Tandhan Industries' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Tandhan Industries ranks #425 out of 533 companies for Days Payable. This places Tandhan Industries in the lower half of its industry. The industry median Days Payable is 93.84. Tandhan Industries' value of 23.46 is 75% below this benchmark. Historically, Tandhan Industries' own Days Payable has ranged from 12.51 to 7,673.42 over the past decade. While the company's 10-year median is 1,566.30 vs. the industry median of 93.84, Tandhan Industries 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 93.84, based on 533 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. Tandhan Industries's current Days Payable of 23.46 is 75% 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 Tandhan Industries and its competitors. For the Capital Markets industry, the median Days Payable is 93.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tandhan Industries's current Days Payable is 23.46, which is 99% below median its own 10-year median of 1,566.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandhan Industries stock overvalued right now?
Tandhan Industries (BOM:512062) has a current Days Payable of 23.46. The current Days Payable is 23.46, which is 99% below median its 10-year median of 1,566.30 and 75% below the Capital Markets industry median of 93.84. Tandhan Industries' overall GF Score™ is 21/100 with 4 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 Tandhan Industries (BOM:512062), the current Days Payable is 23.46 as of Jun. 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.

Tandhan Industries Business Description

Address 71, Sir P. M. Road, Laxmi Building, 4th Floor, Mumbai, MH, IND, 400 001
Tandhan Industries Ltd, formerly Sanmitra Commercial Ltd provides securities trading services. It invests in shares, securities, and bonds and provides consultancy services. As of now, the company is not engaged in any activity, and the management is looking for the right opportunity to make the company operational.
21GF Score

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₹166.70
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