Dhanlaxmi Cotex (BOM:512485) Days Payable: 0.45 (As of Mar. 2026) — 85% Below Median

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BOM:512485 Dhanlaxmi Cotex Ltd BOM:512485
50 GF Score
Price ₹113.60
GF Value ₹64.50
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Dhanlaxmi Cotex Days Payable?

Dhanlaxmi Cotex BOM:512485 50 Days Payable is 0.45 as of Mar. 2026, which is 85% below its 10-year median of 3.08. GuruFocus rates BOM:512485 with a GF Score™ of 50/100 and a GF Value™ of ₹64.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 541 Capital Markets companies, Dhanlaxmi Cotex ranks worse than 100% on this metric.

Dhanlaxmi Cotex's average Accounts Payable for the three months ended in Mar. 2026 was ₹0.1 Mil. Dhanlaxmi Cotex's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹28.4 Mil. Hence, Dhanlaxmi Cotex's Days Payable for the three months ended in Mar. 2026 was 0.45.

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

BOM:512485' s Days Payable Range Over the Past 10 Years
Min: -2.62   Med: 3.08   Max: 16.78
Current: -2.62

During the past 13 years, Dhanlaxmi Cotex's highest Days Payable was 16.78. The lowest was -2.62. And the median was 3.08.

BOM:512485's Days Payable is ranked worse than
100% of 541 companies
in the Capital Markets industry
Industry Median: 88.46 vs BOM:512485: -2.62

Dhanlaxmi Cotex's Days Payable declined from Mar. 2025 (4.67) to Mar. 2026 (0.45). It may suggest that Dhanlaxmi Cotex accelerated paying its suppliers.


Dhanlaxmi Cotex Days Payable Historical Data

* Premium members only.

The historical data trend for Dhanlaxmi Cotex'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.

Dhanlaxmi Cotex Days Payable Chart

Dhanlaxmi Cotex 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 5.52 7.43 6.29 3.08 1.19

Dhanlaxmi Cotex 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 4.67 3.66 -7.97 -7.76 0.45

BOM:512485 vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Dhanlaxmi Cotex'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.


Dhanlaxmi Cotex Days Payable vs Capital Markets Industry

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

* The bar in red indicates where Dhanlaxmi Cotex's Days Payable falls into.


BOM:512485
50GF Score
Dhanlaxmi Cotex Ltd BOM:512485
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dhanlaxmi Cotex 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.

Dhanlaxmi Cotex'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
=( (0.724 + 0.141) / 2 ) / 133.165*365
=0.4325 / 133.165*365
=1.19

Dhanlaxmi Cotex'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 + 0.141) / 1 ) / 28.449*365 / 4
=0.141 / 28.449*365 / 4
=0.45

* 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 0.45 mean?
Dhanlaxmi Cotex (BOM:512485) has a Days Payable of 0.45 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 Dhanlaxmi Cotex and its competitors. This is 85% below median its historical median of 3.08. According to the industry distribution chart, Dhanlaxmi Cotex ranks #541 out of 541 companies in the Capital Markets industry.
Is Dhanlaxmi Cotex's Days Payable too high?
Dhanlaxmi Cotex's current Days Payable of 0.45 is 85% below median its 10-year median of 3.08. The Capital Markets industry median Days Payable is 88.46. Dhanlaxmi Cotex's value of 0.45 is 99.5% below this industry median. Based on the distribution chart, Dhanlaxmi Cotex ranks #541 out of 541 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Dhanlaxmi Cotex has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dhanlaxmi Cotex's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Dhanlaxmi Cotex ranks #541 out of 541 companies for Days Payable. This places Dhanlaxmi Cotex in the lower half of its industry. The industry median Days Payable is 88.46. Dhanlaxmi Cotex's value of 0.45 is 99.5% below this benchmark. While the company's 10-year median is 3.08 vs. the industry median of 88.46, Dhanlaxmi Cotex 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 541 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. Dhanlaxmi Cotex's current Days Payable of 0.45 is 99.5% 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 Dhanlaxmi Cotex 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. Dhanlaxmi Cotex's current Days Payable is 0.45, which is 85% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanlaxmi Cotex stock overvalued right now?
Based on GuruFocus' analysis, Dhanlaxmi Cotex (BOM:512485) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹64.50, compared to a current price of ₹113.60 — trading 76.1% above its estimated fair value. The current Days Payable is 0.45, which is 85% below median its 10-year median of 3.08 and 99.5% below the Capital Markets industry median of 88.46. Dhanlaxmi Cotex's overall GF Score™ is 50/100 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 Dhanlaxmi Cotex (BOM:512485), the current Days Payable is 0.45 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 Dhanlaxmi Cotex (BOM:512485) Overvalued in 2026?

Based on GuruFocus' analysis, Dhanlaxmi Cotex stock appears to be overvalued. The current stock price of ₹113.60 is trading 76.1% above its estimated GF Value™ of ₹64.50. GuruFocus considers Dhanlaxmi Cotex to be Significantly Overvalued.

Key valuation signals for BOM:512485:

  • Days Payable: 0.45 (85% below median its 10-year median of 3.08)
  • GF Value™: ₹64.50 vs. price of ₹113.60 (76.1% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 99.5% below the Capital Markets median (#541 of 541)

No single metric tells the full story. See the BOM:512485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhanlaxmi Cotex Business Description

Address 285, Princess Street, 2nd Floor, Chaturbhuj Jivandas House, Mumbai, MH, IND, 400 002
Dhanlaxmi Cotex Ltd is an India-based company involved in trading shares and securities, investing in shares and securities, and financing activities. The group's reportable segments are Fabrics, Shares & Steel. It generates the majority of its revenue from share trading.
50GF Score

Get the complete analysis for BOM:512485

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

₹113.60
Price
₹64.50
GF Value