Modern Dairies (BOM:519287) Days Payable: 53.65 (As of Mar. 2026) — 154% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:519287 Modern Dairies Ltd BOM:519287
57 GF Score
Price ₹27.44
GF Value ₹40.10
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Modern Dairies Days Payable?

Modern Dairies BOM:519287 -2.66% 57 Days Payable is 53.65 as of Mar. 2026, which is 154% above its 10-year median of 21.15. GuruFocus rates BOM:519287 with a GF Score™ of 57/100 and a GF Value™ of ₹40.10 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Modern Dairies ranks better than 64.84% on this metric.

Modern Dairies's average Accounts Payable for the three months ended in Mar. 2026 was ₹436 Mil. Modern Dairies's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹742 Mil. Hence, Modern Dairies's Days Payable for the three months ended in Mar. 2026 was 53.65.

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

BOM:519287' s Days Payable Range Over the Past 10 Years
Min: 15.62   Med: 21.15   Max: 58.99
Current: 58.99

During the past 13 years, Modern Dairies's highest Days Payable was 58.99. The lowest was 15.62. And the median was 21.15.

BOM:519287's Days Payable is ranked better than
64.84% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 43.945 vs BOM:519287: 58.99

Modern Dairies's Days Payable declined from Mar. 2025 (53.76) to Mar. 2026 (53.65). It may suggest that Modern Dairies accelerated paying its suppliers.


Modern Dairies Days Payable Historical Data

* Premium members only.

The historical data trend for Modern Dairies'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.

Modern Dairies Days Payable Chart

Modern Dairies 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 19.52 43.18 47.35 56.88 58.95

Modern Dairies 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 53.76 65.19 62.21 56.35 53.65

BOM:519287 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Modern Dairies'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.


Modern Dairies Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Modern Dairies's Days Payable falls into.


BOM:519287
57GF Score
Modern Dairies Ltd BOM:519287
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modern Dairies 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.

Modern Dairies'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
=( (437.988 + 436.278) / 2 ) / 2706.499*365
=437.133 / 2706.499*365
=58.95

Modern Dairies'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 + 436.278) / 1 ) / 742.01*365 / 4
=436.278 / 742.01*365 / 4
=53.65

* 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 53.65 mean?
Modern Dairies (BOM:519287) has a Days Payable of 53.65 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 Modern Dairies and its competitors. This is 154% above median its historical median of 21.15. Over the past decade, Modern Dairies' Days Payable has ranged from 15.62 to 58.99. According to the industry distribution chart, Modern Dairies ranks #666 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 35.2%.
Is Modern Dairies' Days Payable too high?
Modern Dairies' current Days Payable of 53.65 is 154% above median its 10-year median of 21.15. Over the past 10 years, this metric has ranged from a low of 15.62 to a high of 58.99. The Consumer Packaged Goods industry median Days Payable is 43.95. Modern Dairies' value of 53.65 is 22.1% above this industry median. Based on the distribution chart, Modern Dairies ranks #666 out of 1894 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Modern Dairies has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Modern Dairies' Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Dairies ranks #666 out of 1894 companies for Days Payable. This puts Modern Dairies in the upper half of its industry. The industry median Days Payable is 43.95. Modern Dairies' value of 53.65 is 22.1% above this benchmark. Historically, Modern Dairies' own Days Payable has ranged from 15.62 to 58.99 over the past decade. While the company's 10-year median is 21.15 vs. the industry median of 43.95, Modern Dairies 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 43.95, based on 1,894 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. Modern Dairies's current Days Payable of 53.65 is 22.1% 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 Modern Dairies and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Dairies's current Days Payable is 53.65, which is 154% above median its own 10-year median of 21.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Dairies stock overvalued right now?
Based on GuruFocus' analysis, Modern Dairies (BOM:519287) is currently considered Possible Value Trap. The stock's GF Value™ is ₹40.10, compared to a current price of ₹27.44 — trading 31.6% below its estimated fair value. The current Days Payable is 53.65, which is 154% above median its 10-year median of 21.15 and 22.1% above the Consumer Packaged Goods industry median of 43.95. Modern Dairies' overall GF Score™ is 57/100 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 Modern Dairies (BOM:519287), the current Days Payable is 53.65 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 Modern Dairies (BOM:519287) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Dairies stock appears to be undervalued. The current stock price of ₹27.44 is trading 31.6% below its estimated GF Value™ of ₹40.10. GuruFocus considers Modern Dairies to be Possible Value Trap.

Key valuation signals for BOM:519287:

  • Days Payable: 53.65 (154% above median its 10-year median of 21.15)
  • GF Value™: ₹40.10 vs. price of ₹27.44 (31.6% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 22.1% above the Consumer Packaged Goods median (#666 of 1894)

No single metric tells the full story. See the BOM:519287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modern Dairies Business Description

Address SCO 98-99, Sub City Centre, Sector 34, Chandigarh, IND, 160022
Modern Dairies Ltd is engaged in the business of manufacturing and processing milk and milk products. Its products include casein, lactose, skimmed milk powder, cheese, butter, pure ghee, and premix. The company caters to both domestic and international markets. It has also launched fresh dairy products like milk in sachets, Curd, fermented milk products, and cheese in its own brand.
57GF Score

Get the complete analysis for BOM:519287

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

₹27.44
Price
₹40.10
GF Value