Magna Electro Castings (BOM:517449) Days Payable: 69.21 (As of Mar. 2026) — 13% Below Median

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BOM:517449 Magna Electro Castings Ltd BOM:517449
75 GF Score
Price ₹1,171.70
GF Value ₹962.64
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Magna Electro Castings Days Payable?

Magna Electro Castings BOM:517449 -4.58% 75 Days Payable is 69.21 as of Mar. 2026, which is 13% below its 10-year median of 79.33. GuruFocus rates BOM:517449 with a GF Score™ of 75/100 and a GF Value™ of ₹962.64 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Magna Electro Castings ranks worse than 51.86% on this metric.

Magna Electro Castings's average Accounts Payable for the three months ended in Mar. 2026 was ₹222 Mil. Magna Electro Castings's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹293 Mil. Hence, Magna Electro Castings's Days Payable for the three months ended in Mar. 2026 was 69.21.

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

BOM:517449' s Days Payable Range Over the Past 10 Years
Min: 41.08   Med: 79.33   Max: 141.83
Current: 74.19

During the past 13 years, Magna Electro Castings's highest Days Payable was 141.83. The lowest was 41.08. And the median was 79.33.

BOM:517449's Days Payable is ranked worse than
51.86% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs BOM:517449: 74.19

Magna Electro Castings's Days Payable declined from Mar. 2025 (90.60) to Mar. 2026 (69.21). It may suggest that Magna Electro Castings accelerated paying its suppliers.


Magna Electro Castings Days Payable Historical Data

* Premium members only.

The historical data trend for Magna Electro 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.

Magna Electro Castings Days Payable Chart

Magna Electro 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 41.08 41.91 50.97 68.58 76.80

Magna Electro 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 90.60 90.27 65.89 67.66 69.21

BOM:517449 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Magna Electro 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.


Magna Electro Castings Days Payable vs Industrial Products Industry

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

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


BOM:517449
75GF Score
Magna Electro Castings Ltd BOM:517449
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Magna Electro 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.

Magna Electro 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
=( (273.049 + 222.016) / 2 ) / 1176.467*365
=247.5325 / 1176.467*365
=76.80

Magna Electro 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 + 222.016) / 1 ) / 292.716*365 / 4
=222.016 / 292.716*365 / 4
=69.21

* 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 69.21 mean?
Magna Electro Castings (BOM:517449) has a Days Payable of 69.21 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 Magna Electro Castings and its competitors. This is 13% below median its historical median of 79.33. Over the past decade, Magna Electro Castings' Days Payable has ranged from 41.08 to 141.83. According to the industry distribution chart, Magna Electro Castings ranks #1551 out of 2991 companies in the Industrial Products industry, placing it in the top 51.9%.
Is Magna Electro Castings' Days Payable too high?
Magna Electro Castings' current Days Payable of 69.21 is 13% below median its 10-year median of 79.33. Over the past 10 years, this metric has ranged from a low of 41.08 to a high of 141.83. The Industrial Products industry median Days Payable is 78.05. Magna Electro Castings' value of 69.21 is 11.3% below this industry median. Based on the distribution chart, Magna Electro Castings ranks #1551 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Magna Electro Castings has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna Electro Castings' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Magna Electro Castings ranks #1551 out of 2991 companies for Days Payable. This places Magna Electro Castings in the lower half of its industry. The industry median Days Payable is 78.05. Magna Electro Castings' value of 69.21 is 11.3% below this benchmark. Historically, Magna Electro Castings' own Days Payable has ranged from 41.08 to 141.83 over the past decade. While the company's 10-year median is 79.33 vs. the industry median of 78.05, Magna Electro 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. Magna Electro Castings's current Days Payable of 69.21 is 11.3% 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 Magna Electro 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. Magna Electro Castings's current Days Payable is 69.21, which is 13% below median its own 10-year median of 79.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Electro Castings stock overvalued right now?
Based on GuruFocus' analysis, Magna Electro Castings (BOM:517449) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹962.64, compared to a current price of ₹1,171.70 — trading 21.7% above its estimated fair value. The current Days Payable is 69.21, which is 13% below median its 10-year median of 79.33 and 11.3% below the Industrial Products industry median of 78.05. Magna Electro Castings' overall GF Score™ is 75/100 with 5 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 Magna Electro Castings (BOM:517449), the current Days Payable is 69.21 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 Magna Electro Castings (BOM:517449) Overvalued in 2026?

Based on GuruFocus' analysis, Magna Electro Castings stock appears to be overvalued. The current stock price of ₹1,171.70 is trading 21.7% above its estimated GF Value™ of ₹962.64. GuruFocus considers Magna Electro Castings to be Modestly Overvalued.

Key valuation signals for BOM:517449:

  • Days Payable: 69.21 (13% below median its 10-year median of 79.33)
  • GF Value™: ₹962.64 vs. price of ₹1,171.70 (21.7% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 11.3% below the Industrial Products median (#1551 of 2991)

No single metric tells the full story. See the BOM:517449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magna Electro Castings Business Description

Address 43, Balasundaram Road, Coimbatore, TN, IND, 641018
Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.
75GF Score

Get the complete analysis for BOM:517449

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

₹1,171.70
Price
₹962.64
GF Value