Shah Foods (BOM:519031) Days Payable: 597.76 (As of Mar. 2026) — 57% Above Median

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BOM:519031 Shah Foods Ltd BOM:519031
25 GF Score
Price ₹383.95
! 6 Warning Signs
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What is Shah Foods Days Payable?

Shah Foods BOM:519031 +1.97% 25 Days Payable is 597.76 as of Mar. 2026, which is 57% above its 10-year median of 380.73. GuruFocus rates BOM:519031 with a GF Score™ of 25/100. The stock has 6 warning signs investors should review. Among 1,891 Consumer Packaged Goods companies, Shah Foods ranks better than 98.78% on this metric.

Shah Foods's average Accounts Payable for the three months ended in Mar. 2026 was ₹229.47 Mil. Shah Foods's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹35.03 Mil. Hence, Shah Foods's Days Payable for the three months ended in Mar. 2026 was 597.76.

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

BOM:519031' s Days Payable Range Over the Past 10 Years
Min: 96.46   Med: 380.73   Max: 1291.46
Current: 887.77

During the past 13 years, Shah Foods's highest Days Payable was 1291.46. The lowest was 96.46. And the median was 380.73.

BOM:519031's Days Payable is ranked better than
98.78% of 1891 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs BOM:519031: 887.77

Shah Foods's Days Payable increased from Mar. 2025 (80.37) to Mar. 2026 (597.76). It may suggest that Shah Foods delayed paying its suppliers.


Shah Foods Days Payable Historical Data

* Premium members only.

The historical data trend for Shah Foods'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.

Shah Foods Days Payable Chart

Shah Foods 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 0.00 0.00 0.00 96.46 1,291.46

Shah Foods 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 80.37 0.00 0.00 0.00 597.76

BOM:519031 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Shah Foods'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.


Shah Foods Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shah Foods's Days Payable distribution charts can be found below:

* The bar in red indicates where Shah Foods's Days Payable falls into.


BOM:519031
25GF Score
Shah Foods Ltd BOM:519031
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shah Foods 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.

Shah Foods'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
=( (18.416 + 229.473) / 2 ) / 35.03*365
=123.9445 / 35.03*365
=1,291.46

Shah Foods'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 + 229.473) / 1 ) / 35.03*365 / 4
=229.473 / 35.03*365 / 4
=597.76

* 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 597.76 mean?
Shah Foods (BOM:519031) has a Days Payable of 597.76 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 Shah Foods and its competitors. This is 57% above median its historical median of 380.73. Over the past decade, Shah Foods' Days Payable has ranged from 96.46 to 1,291.46. According to the industry distribution chart, Shah Foods ranks #23 out of 1891 companies in the Consumer Packaged Goods industry, placing it in the top 1.2%.
Is Shah Foods' Days Payable too high?
Shah Foods' current Days Payable of 597.76 is 57% above median its 10-year median of 380.73. Over the past 10 years, this metric has ranged from a low of 96.46 to a high of 1,291.46. The Consumer Packaged Goods industry median Days Payable is 44.15. Shah Foods' value of 597.76 is 1253.9% above this industry median. Based on the distribution chart, Shah Foods ranks #23 out of 1891 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Shah Foods has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Shah Foods' Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shah Foods ranks #23 out of 1891 companies for Days Payable. This places Shah Foods in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 44.15. Shah Foods' value of 597.76 is 1253.9% above this benchmark. Historically, Shah Foods' own Days Payable has ranged from 96.46 to 1,291.46 over the past decade. While the company's 10-year median is 380.73 vs. the industry median of 44.15, Shah Foods 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,891 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. Shah Foods's current Days Payable of 597.76 is 1253.9% 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 Shah Foods and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shah Foods's current Days Payable is 597.76, which is 57% above median its own 10-year median of 380.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Foods stock overvalued right now?
Shah Foods (BOM:519031) has a current Days Payable of 597.76. The current Days Payable is 597.76, which is 57% above median its 10-year median of 380.73 and 1253.9% above the Consumer Packaged Goods industry median of 44.15. Shah Foods' overall GF Score™ is 25/100 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 Shah Foods (BOM:519031), the current Days Payable is 597.76 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.

Shah Foods Business Description

Address 301, Sarthik Square, S.G Highway, Bodakdev, Near Shapath, Ahmedabad, GJ, IND, 380054
Shah Foods Ltd operates as a manufacturer of biscuits for Britannia Industries Limited in India. It is also involved in the trading of shares and securities.
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