Patels Airtemp (India) (BOM:517417) Days Payable: 23.20 (As of Mar. 2026) — 78% Below Median

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BOM:517417 Patels Airtemp (India) Ltd BOM:517417
68 GF Score
Price ₹331.65
GF Value ₹305.16
Valuation Fairly Valued
! 6 Warning Signs
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What is Patels Airtemp (India) Days Payable?

Patels Airtemp (India) BOM:517417 -0.35% 68 Days Payable is 23.20 as of Mar. 2026, which is 78% below its 10-year median of 103.66. GuruFocus rates BOM:517417 with a GF Score™ of 68/100 and a GF Value™ of ₹305.16 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Patels Airtemp (India) ranks worse than 69.57% on this metric.

Patels Airtemp (India)'s average Accounts Payable for the three months ended in Mar. 2026 was ₹156 Mil. Patels Airtemp (India)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹613 Mil. Hence, Patels Airtemp (India)'s Days Payable for the three months ended in Mar. 2026 was 23.20.

The historical rank and industry rank for Patels Airtemp (India)'s Days Payable or its related term are showing as below:

BOM:517417' s Days Payable Range Over the Past 10 Years
Min: 49.27   Med: 103.66   Max: 143.9
Current: 49.89

During the past 13 years, Patels Airtemp (India)'s highest Days Payable was 143.90. The lowest was 49.27. And the median was 103.66.

BOM:517417's Days Payable is ranked worse than
69.57% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs BOM:517417: 49.89

Patels Airtemp (India)'s Days Payable declined from Mar. 2025 (34.42) to Mar. 2026 (23.20). It may suggest that Patels Airtemp (India) accelerated paying its suppliers.


Patels Airtemp (India) Days Payable Historical Data

* Premium members only.

The historical data trend for Patels Airtemp (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.

Patels Airtemp (India) Days Payable Chart

Patels Airtemp (India) 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 90.77 116.39 107.12 70.84 49.27

Patels Airtemp (India) 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 34.42 40.10 0.00 58.83 23.20

BOM:517417 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Patels Airtemp (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.


Patels Airtemp (India) Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Patels Airtemp (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Patels Airtemp (India)'s Days Payable falls into.


BOM:517417
68GF Score
Patels Airtemp (India) Ltd BOM:517417
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Patels Airtemp (India) 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.

Patels Airtemp (India)'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
=( (250.488 + 155.746) / 2 ) / 1504.856*365
=203.117 / 1504.856*365
=49.27

Patels Airtemp (India)'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 + 155.746) / 1 ) / 612.679*365 / 4
=155.746 / 612.679*365 / 4
=23.20

* 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 23.20 mean?
Patels Airtemp (India) (BOM:517417) has a Days Payable of 23.20 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 Patels Airtemp (India) and its competitors. This is 78% below median its historical median of 103.66. Over the past decade, Patels Airtemp (India)'s Days Payable has ranged from 49.27 to 143.90. According to the industry distribution chart, Patels Airtemp (India) ranks #2083 out of 2994 companies in the Industrial Products industry, placing it in the top 69.6%.
Is Patels Airtemp (India)'s Days Payable too high?
Patels Airtemp (India)'s current Days Payable of 23.20 is 78% below median its 10-year median of 103.66. Over the past 10 years, this metric has ranged from a low of 49.27 to a high of 143.90. The Industrial Products industry median Days Payable is 78.05. Patels Airtemp (India)'s value of 23.20 is 70.3% below this industry median. Based on the distribution chart, Patels Airtemp (India) ranks #2083 out of 2994 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Patels Airtemp (India) has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patels Airtemp (India)'s Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Patels Airtemp (India) ranks #2083 out of 2994 companies for Days Payable. This places Patels Airtemp (India) in the lower half of its industry. The industry median Days Payable is 78.05. Patels Airtemp (India)'s value of 23.20 is 70.3% below this benchmark. Historically, Patels Airtemp (India)'s own Days Payable has ranged from 49.27 to 143.90 over the past decade. While the company's 10-year median is 103.66 vs. the industry median of 78.05, Patels Airtemp (India) 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 2,994 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. Patels Airtemp (India)'s current Days Payable of 23.20 is 70.3% 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 Patels Airtemp (India) 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. Patels Airtemp (India)'s current Days Payable is 23.20, which is 78% below median its own 10-year median of 103.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patels Airtemp (India) stock overvalued right now?
Based on GuruFocus' analysis, Patels Airtemp (India) (BOM:517417) is currently considered Fairly Valued. The stock's GF Value™ is ₹305.16, compared to a current price of ₹331.65 — trading 8.7% above its estimated fair value. The current Days Payable is 23.20, which is 78% below median its 10-year median of 103.66 and 70.3% below the Industrial Products industry median of 78.05. Patels Airtemp (India)'s overall GF Score™ is 68/100 with 6 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 Patels Airtemp (India) (BOM:517417), the current Days Payable is 23.20 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 Patels Airtemp (India) (BOM:517417) Overvalued in 2026?

Based on GuruFocus' analysis, Patels Airtemp (India) stock appears to be overvalued. The current stock price of ₹331.65 is trading 8.7% above its estimated GF Value™ of ₹305.16. GuruFocus considers Patels Airtemp (India) to be Fairly Valued.

Key valuation signals for BOM:517417:

  • Days Payable: 23.20 (78% below median its 10-year median of 103.66)
  • GF Value™: ₹305.16 vs. price of ₹331.65 (8.7% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 70.3% below the Industrial Products median (#2083 of 2994)

No single metric tells the full story. See the BOM:517417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patels Airtemp (India) Business Description

Address Near Memnagar Fire Station, 5th Floor, Kalpana Complex, Navrangpura, Ahmedabad, GJ, IND, 380009
Patels Airtemp (India) Ltd is engaged in the manufacturing and selling of extensive range of Heat Exchangers such as Shell & Tube Type, Finned Tube Type and Air-Cooled Heat Exchangers, Pressure Vessels, Air-conditioning and Refrigeration equipments and Turnkey HVAC Projects in India & marketing of equipment's in and outside India. The products are supplied to Industrial sections like Power Projects, Refineries, Fertilizers, Cements, Petrochemicals, Pharmaceuticals, Textile and Chemical Industries make them a single window option for multiple products. The Company is operating in single segment business namely Engineering. Geographically, it has presenc within India, USA, Canada, Zambia, and Other countries. It generates the majority of its revenue from within Inida.
68GF Score

Get the complete analysis for BOM:517417

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

₹331.65
Price
₹305.16
GF Value