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Veritas (India)BOM:512229 +1.19%62 Days Payable is 208.13 as of Mar. 2026, which is 161% above its 10-year median of 79.62. GuruFocus rates BOM:512229 with a GF Score™ of 62/100 and a GF Value™ of ₹332.13 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 509 Conglomerates companies, Veritas (India) ranks better than 80.75% on this metric.
The historical rank and industry rank for Veritas (India)'s Days Payable or its related term are showing as below:
BOM:512229'
s Days Payable Range Over the Past 10 Years
Min: 27.26 Med: 79.62 Max: 175.25
Current: 120.55
During the past 13 years, Veritas (India)'s highest Days Payable was 175.25. The lowest was 27.26. And the median was 79.62.
BOM:512229's Days Payable is ranked better than 80.75% of 509
companies
in the Conglomerates industry
Industry Median: 56.18
vs BOM:512229: 120.55
Veritas (India)'s Days Payable
increased
from Mar. 2025 (83.76) to Mar. 2026 (208.13).
It may suggest that Veritas (India)delayed paying its suppliers.
Veritas (India) Days Payable Related Terms
Veritas (India) Days Payable Historical Data
* Premium members only.
The historical data trend for Veritas (India)'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.
For the Conglomerates subindustry, Veritas (India)'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.
Veritas (India) Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Veritas (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Veritas (India)'s Days Payable falls into.
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.
Veritas (India)'s Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Veritas (India) (BOM:512229) has a Days Payable of 208.13 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 Veritas (India) and its competitors. This is 161% above median its historical median of 79.62. Over the past decade, Veritas (India)'s Days Payable has ranged from 27.26 to 175.25. According to the industry distribution chart, Veritas (India) ranks #98 out of 509 companies in the Conglomerates industry, placing it in the top 19.3%.
Is Veritas (India)'s Days Payable too high?
Veritas (India)'s current Days Payable of 208.13 is 161% above median its 10-year median of 79.62. Over the past 10 years, this metric has ranged from a low of 27.26 to a high of 175.25. The Conglomerates industry median Days Payable is 56.18. Veritas (India)'s value of 208.13 is 270.5% above this industry median. Based on the distribution chart, Veritas (India) ranks #98 out of 509 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Veritas (India) has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Veritas (India)'s Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Veritas (India) ranks #98 out of 509 companies for Days Payable. This places Veritas (India) in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.18. Veritas (India)'s value of 208.13 is 270.5% above this benchmark. Historically, Veritas (India)'s own Days Payable has ranged from 27.26 to 175.25 over the past decade. While the company's 10-year median is 79.62 vs. the industry median of 56.18, Veritas (India) has consistently been above 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.18, based on 509 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. Veritas (India)'s current Days Payable of 208.13 is 270.5% above 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 Veritas (India) and its competitors. For the Conglomerates industry, the median Days Payable is 56.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veritas (India)'s current Days Payable is 208.13, which is 161% above median its own 10-year median of 79.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veritas (India) stock overvalued right now?
Based on GuruFocus' analysis, Veritas (India) (BOM:512229) is currently considered Possible Value Trap. The stock's GF Value™ is ₹332.13, compared to a current price of ₹183.55 — trading 44.7% below its estimated fair value. The current Days Payable is 208.13, which is 161% above median its 10-year median of 79.62 and 270.5% above the Conglomerates industry median of 56.18. Veritas (India)'s overall GF Score™ is 62/100 with 9 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 Veritas (India) (BOM:512229), the current Days Payable is 208.13 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 Veritas (India) (BOM:512229) Overvalued in 2026?
Based on GuruFocus' analysis, Veritas (India) stock appears to be undervalued.
The current stock price of ₹183.55 is trading 44.7% below its estimated GF Value™ of ₹332.13.
GuruFocus considers Veritas (India) to be Possible Value Trap.
Key valuation signals for BOM:512229:
Days Payable: 208.13 (161% above median its 10-year median of 79.62)
GF Value™: ₹332.13 vs. price of ₹183.55 (44.7% below fair value)
Industry Position: 270.5% above the Conglomerates median (#98 of 509)
No single metric tells the full story. See the BOM:512229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veritas (India) Ltd is engaged in the business of imports, exports, trading, and distribution of chemicals, polymers, paper & paper boards, rubber, heavy distillates, development of software, etc., and also in the generation of wind energy. The operating business segments of the company are Chemicals & Petrochemicals, Polymers and Fertilizers.
62GF Score
Get the complete analysis for BOM:512229
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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