Simplex Castings (BOM:513472) Days Payable: 39.46 (As of Mar. 2026) — 78% Below Median

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BOM:513472 Simplex Castings Ltd BOM:513472
65 GF Score
Price ₹527.30
GF Value ₹353.82
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Simplex Castings Days Payable?

Simplex Castings BOM:513472 -1.99% 65 Days Payable is 39.46 as of Mar. 2026, which is 78% below its 10-year median of 181.77. GuruFocus rates BOM:513472 with a GF Score™ of 65/100 and a GF Value™ of ₹353.82 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,991 Industrial Products companies, Simplex Castings ranks worse than 76.13% on this metric.

Simplex Castings's average Accounts Payable for the three months ended in Mar. 2026 was ₹155 Mil. Simplex Castings's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹359 Mil. Hence, Simplex Castings's Days Payable for the three months ended in Mar. 2026 was 39.46.

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

BOM:513472' s Days Payable Range Over the Past 10 Years
Min: 41.94   Med: 181.77   Max: 402.5
Current: 41.94

During the past 13 years, Simplex Castings's highest Days Payable was 402.50. The lowest was 41.94. And the median was 181.77.

BOM:513472's Days Payable is ranked worse than
76.13% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs BOM:513472: 41.94

Simplex Castings's Days Payable increased from Mar. 2025 (32.84) to Mar. 2026 (39.46). It may suggest that Simplex Castings delayed paying its suppliers.


Simplex Castings Days Payable Historical Data

* Premium members only.

The historical data trend for Simplex Castings'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.

Simplex Castings Days Payable Chart

Simplex Castings 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 240.76 187.76 139.30 60.51 44.89

Simplex Castings 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 32.84 54.46 31.40 39.51 39.46

BOM:513472 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Simplex Castings'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.


Simplex Castings Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Simplex Castings's Days Payable distribution charts can be found below:

* The bar in red indicates where Simplex Castings's Days Payable falls into.


BOM:513472
65GF Score
Simplex Castings Ltd BOM:513472
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Simplex Castings 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.

Simplex Castings'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
=( (177.874 + 155.247) / 2 ) / 1354.32*365
=166.5605 / 1354.32*365
=44.89

Simplex Castings'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 + 155.247) / 1 ) / 358.961*365 / 4
=155.247 / 358.961*365 / 4
=39.46

* 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 39.46 mean?
Simplex Castings (BOM:513472) has a Days Payable of 39.46 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 Simplex Castings and its competitors. This is 78% below median its historical median of 181.77. Over the past decade, Simplex Castings' Days Payable has ranged from 41.94 to 402.50. According to the industry distribution chart, Simplex Castings ranks #2277 out of 2991 companies in the Industrial Products industry, placing it in the top 76.1%.
Is Simplex Castings' Days Payable too high?
Simplex Castings' current Days Payable of 39.46 is 78% below median its 10-year median of 181.77. Over the past 10 years, this metric has ranged from a low of 41.94 to a high of 402.50. The Industrial Products industry median Days Payable is 78.05. Simplex Castings' value of 39.46 is 49.4% below this industry median. Based on the distribution chart, Simplex Castings ranks #2277 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Simplex Castings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Simplex Castings' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Simplex Castings ranks #2277 out of 2991 companies for Days Payable. This places Simplex Castings in the lower half of its industry. The industry median Days Payable is 78.05. Simplex Castings' value of 39.46 is 49.4% below this benchmark. Historically, Simplex Castings' own Days Payable has ranged from 41.94 to 402.50 over the past decade. While the company's 10-year median is 181.77 vs. the industry median of 78.05, Simplex Castings 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,991 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. Simplex Castings's current Days Payable of 39.46 is 49.4% 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 Simplex Castings and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simplex Castings's current Days Payable is 39.46, which is 78% below median its own 10-year median of 181.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simplex Castings stock overvalued right now?
Based on GuruFocus' analysis, Simplex Castings (BOM:513472) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹353.82, compared to a current price of ₹527.30 — trading 49% above its estimated fair value. The current Days Payable is 39.46, which is 78% below median its 10-year median of 181.77 and 49.4% below the Industrial Products industry median of 78.05. Simplex Castings' overall GF Score™ is 65/100 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 Simplex Castings (BOM:513472), the current Days Payable is 39.46 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 Simplex Castings (BOM:513472) Overvalued in 2026?

Based on GuruFocus' analysis, Simplex Castings stock appears to be overvalued. The current stock price of ₹527.30 is trading 49% above its estimated GF Value™ of ₹353.82. GuruFocus considers Simplex Castings to be Significantly Overvalued.

Key valuation signals for BOM:513472:

  • Days Payable: 39.46 (78% below median its 10-year median of 181.77)
  • GF Value™: ₹353.82 vs. price of ₹527.30 (49% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 49.4% below the Industrial Products median (#2277 of 2991)

No single metric tells the full story. See the BOM:513472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Simplex Castings Business Description

Address G.E. Road, Plot No. 32, Shivnath Complex, Supela, Durg District, Bhilai, CT, IND, 490023
Simplex Castings Ltd is an India-based company operating in the steel castings industry. It manufactures and sells iron cast equipment, fabricated equipment, steel, SG iron, special alloy cast equipment, forging quality ingots, and other related products. It has only one reportable segment which is Manufacturing of SG lron, Steel, Special Alloy Castings, C.l. Castings and Equipments. The company serves various industrial sectors like steel, railways, power, mining, cement, sugar, chemicals, earthmovers, machine tools, shipbuilding, oil and gas, and defense. Also, the firm offers work contract services. Some of its products include Coke Oven Doors & Assemblies, Sinter & Pallet Cars, Railway bogies, and Mould. The group sells its products in India and also exports internationally.
65GF Score

Get the complete analysis for BOM:513472

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

₹527.30
Price
₹353.82
GF Value