Narmada Macplast Drip Irrigation Systems (BOM:517431) Days Payable: 239.37 (As of Mar. 2026) — 188% Above Median

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BOM:517431 Narmada Macplast Drip Irrigation Systems Ltd BOM:517431
74 GF Score
Price ₹20.05
GF Value ₹25.56
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Narmada Macplast Drip Irrigation Systems Days Payable?

Narmada Macplast Drip Irrigation Systems BOM:517431 +0.25% 74 Days Payable is 239.37 as of Mar. 2026, which is 188% above its 10-year median of 83.13. GuruFocus rates BOM:517431 with a GF Score™ of 74/100 and a GF Value™ of ₹25.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Narmada Macplast Drip Irrigation Systems ranks better than 74.64% on this metric.

Narmada Macplast Drip Irrigation Systems's average Accounts Payable for the three months ended in Mar. 2026 was ₹79.1 Mil. Narmada Macplast Drip Irrigation Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹30.2 Mil. Hence, Narmada Macplast Drip Irrigation Systems's Days Payable for the three months ended in Mar. 2026 was 239.37.

The historical rank and industry rank for Narmada Macplast Drip Irrigation Systems's Days Payable or its related term are showing as below:

BOM:517431' s Days Payable Range Over the Past 10 Years
Min: 14.5   Med: 83.13   Max: 228900.63
Current: 145.93

During the past 13 years, Narmada Macplast Drip Irrigation Systems's highest Days Payable was 228900.63. The lowest was 14.50. And the median was 83.13.

BOM:517431's Days Payable is ranked better than
74.64% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.13 vs BOM:517431: 145.93

Narmada Macplast Drip Irrigation Systems's Days Payable increased from Mar. 2025 (1.09) to Mar. 2026 (239.37). It may suggest that Narmada Macplast Drip Irrigation Systems delayed paying its suppliers.


Narmada Macplast Drip Irrigation Systems Days Payable Related Terms


Narmada Macplast Drip Irrigation Systems Days Payable Historical Data

* Premium members only.

The historical data trend for Narmada Macplast Drip Irrigation Systems'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.

Narmada Macplast Drip Irrigation Systems Days Payable Chart

Narmada Macplast Drip Irrigation Systems 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 94.60 71.65 105.80 14.50 136.30

Narmada Macplast Drip Irrigation Systems 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 1.09 0.86 173.41 170.99 239.37

BOM:517431 vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Narmada Macplast Drip Irrigation Systems'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.


Narmada Macplast Drip Irrigation Systems Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Narmada Macplast Drip Irrigation Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Narmada Macplast Drip Irrigation Systems's Days Payable falls into.


BOM:517431
74GF Score
Narmada Macplast Drip Irrigation Systems Ltd BOM:517431
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmada Macplast Drip Irrigation Systems 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.

Narmada Macplast Drip Irrigation Systems'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
=( (0.236 + 79.131) / 2 ) / 106.27*365
=39.6835 / 106.27*365
=136.30

Narmada Macplast Drip Irrigation Systems'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 + 79.131) / 1 ) / 30.165*365 / 4
=79.131 / 30.165*365 / 4
=239.37

* 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 239.37 mean?
Narmada Macplast Drip Irrigation Systems (BOM:517431) has a Days Payable of 239.37 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 Narmada Macplast Drip Irrigation Systems and its competitors. This is 188% above median its historical median of 83.13. Over the past decade, Narmada Macplast Drip Irrigation Systems' Days Payable has ranged from 14.50 to 228,900.63. According to the industry distribution chart, Narmada Macplast Drip Irrigation Systems ranks #53 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 25.4%.
Is Narmada Macplast Drip Irrigation Systems' Days Payable too high?
Narmada Macplast Drip Irrigation Systems' current Days Payable of 239.37 is 188% above median its 10-year median of 83.13. Over the past 10 years, this metric has ranged from a low of 14.50 to a high of 228,900.63. The Farm & Heavy Construction Machinery industry median Days Payable is 68.13. Narmada Macplast Drip Irrigation Systems' value of 239.37 is 251.3% above this industry median. Based on the distribution chart, Narmada Macplast Drip Irrigation Systems ranks #53 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Narmada Macplast Drip Irrigation Systems has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Macplast Drip Irrigation Systems' Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Narmada Macplast Drip Irrigation Systems ranks #53 out of 209 companies for Days Payable. This puts Narmada Macplast Drip Irrigation Systems in the upper half of its industry. The industry median Days Payable is 68.13. Narmada Macplast Drip Irrigation Systems' value of 239.37 is 251.3% above this benchmark. Historically, Narmada Macplast Drip Irrigation Systems' own Days Payable has ranged from 14.50 to 228,900.63 over the past decade. While the company's 10-year median is 83.13 vs. the industry median of 68.13, Narmada Macplast Drip Irrigation Systems 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.13, based on 209 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. Narmada Macplast Drip Irrigation Systems's current Days Payable of 239.37 is 251.3% 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 Narmada Macplast Drip Irrigation Systems and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Macplast Drip Irrigation Systems's current Days Payable is 239.37, which is 188% above median its own 10-year median of 83.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Macplast Drip Irrigation Systems stock overvalued right now?
Based on GuruFocus' analysis, Narmada Macplast Drip Irrigation Systems (BOM:517431) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹25.56, compared to a current price of ₹20.05 — trading 21.6% below its estimated fair value. The current Days Payable is 239.37, which is 188% above median its 10-year median of 83.13 and 251.3% above the Farm & Heavy Construction Machinery industry median of 68.13. Narmada Macplast Drip Irrigation Systems' overall GF Score™ is 74/100 with 2 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 Narmada Macplast Drip Irrigation Systems (BOM:517431), the current Days Payable is 239.37 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 Narmada Macplast Drip Irrigation Systems (BOM:517431) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Macplast Drip Irrigation Systems stock appears to be undervalued. The current stock price of ₹20.05 is trading 21.6% below its estimated GF Value™ of ₹25.56. GuruFocus considers Narmada Macplast Drip Irrigation Systems to be Modestly Undervalued.

Key valuation signals for BOM:517431:

  • Days Payable: 239.37 (188% above median its 10-year median of 83.13)
  • GF Value™: ₹25.56 vs. price of ₹20.05 (21.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 251.3% above the Farm & Heavy Construction Machinery median (#53 of 209)

No single metric tells the full story. See the BOM:517431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Macplast Drip Irrigation Systems Business Description

Address Plot Number 119-120, Santej-Vadsar Road, At and Post Santej, Taluka - Kalol, Gandhi Nagar, GJ, IND, 382721
Narmada Macplast Drip Irrigation Systems Ltd is engaged in the trading of drip irrigation systems. Its products include Spray Nozzles, Spray bodies, Rotors 3500 series, among others. It is also engaged in the business of import-export, consultancy of plastic products and raw materials, government Supplies, and liaison work.
74GF Score

Get the complete analysis for BOM:517431

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

₹20.05
Price
₹25.56
GF Value