Munjal Auto Industries (BOM:520059) Days Payable: 74.57 (As of Mar. 2026) — 23% Above Median

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BOM:520059 Munjal Auto Industries Ltd BOM:520059
67 GF Score
Price ₹103.49
GF Value ₹93.57
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Munjal Auto Industries Days Payable?

Munjal Auto Industries BOM:520059 +0.72% 67 Days Payable is 74.57 as of Mar. 2026, which is 23% above its 10-year median of 60.79. GuruFocus rates BOM:520059 with a GF Score™ of 67/100 and a GF Value™ of ₹93.57 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,304 Vehicles & Parts companies, Munjal Auto Industries ranks better than 51.15% on this metric.

Munjal Auto Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹3,680 Mil. Munjal Auto Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,503 Mil. Hence, Munjal Auto Industries's Days Payable for the three months ended in Mar. 2026 was 74.57.

The historical rank and industry rank for Munjal Auto Industries's Days Payable or its related term are showing as below:

BOM:520059' s Days Payable Range Over the Past 10 Years
Min: 51.49   Med: 60.79   Max: 79.37
Current: 68.57

During the past 13 years, Munjal Auto Industries's highest Days Payable was 79.37. The lowest was 51.49. And the median was 60.79.

BOM:520059's Days Payable is ranked better than
51.15% of 1304 companies
in the Vehicles & Parts industry
Industry Median: 67.35 vs BOM:520059: 68.57

Munjal Auto Industries's Days Payable increased from Mar. 2025 (67.30) to Mar. 2026 (74.57). It may suggest that Munjal Auto Industries delayed paying its suppliers.


Munjal Auto Industries Days Payable Historical Data

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The historical data trend for Munjal Auto Industries'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.

Munjal Auto Industries Days Payable Chart

Munjal Auto Industries 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 57.46 64.70 72.08 64.12 69.04

Munjal Auto Industries 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 67.30 69.67 66.31 62.96 74.57

BOM:520059 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Munjal Auto Industries'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.


Munjal Auto Industries Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Munjal Auto Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Munjal Auto Industries's Days Payable falls into.


BOM:520059
67GF Score
Munjal Auto Industries Ltd BOM:520059
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Munjal Auto Industries 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.

Munjal Auto Industries'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
=( (2660.246 + 3679.778) / 2 ) / 16758.528*365
=3170.012 / 16758.528*365
=69.04

Munjal Auto Industries'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 + 3679.778) / 1 ) / 4502.807*365 / 4
=3679.778 / 4502.807*365 / 4
=74.57

* 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 74.57 mean?
Munjal Auto Industries (BOM:520059) has a Days Payable of 74.57 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 Munjal Auto Industries and its competitors. This is 23% above median its historical median of 60.79. Over the past decade, Munjal Auto Industries' Days Payable has ranged from 51.49 to 79.37. According to the industry distribution chart, Munjal Auto Industries ranks #637 out of 1304 companies in the Vehicles & Parts industry, placing it in the top 48.8%.
Is Munjal Auto Industries' Days Payable too high?
Munjal Auto Industries' current Days Payable of 74.57 is 23% above median its 10-year median of 60.79. Over the past 10 years, this metric has ranged from a low of 51.49 to a high of 79.37. The Vehicles & Parts industry median Days Payable is 67.35. Munjal Auto Industries' value of 74.57 is 10.7% above this industry median. Based on the distribution chart, Munjal Auto Industries ranks #637 out of 1304 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Munjal Auto Industries has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Munjal Auto Industries' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Munjal Auto Industries ranks #637 out of 1304 companies for Days Payable. This puts Munjal Auto Industries in the upper half of its industry. The industry median Days Payable is 67.35. Munjal Auto Industries' value of 74.57 is 10.7% above this benchmark. Historically, Munjal Auto Industries' own Days Payable has ranged from 51.49 to 79.37 over the past decade. While the company's 10-year median is 60.79 vs. the industry median of 67.35, Munjal Auto Industries 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.35, based on 1,304 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. Munjal Auto Industries's current Days Payable of 74.57 is 10.7% 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 Munjal Auto Industries and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munjal Auto Industries's current Days Payable is 74.57, which is 23% above median its own 10-year median of 60.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munjal Auto Industries stock overvalued right now?
Based on GuruFocus' analysis, Munjal Auto Industries (BOM:520059) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹93.57, compared to a current price of ₹103.49 — trading 10.6% above its estimated fair value. The current Days Payable is 74.57, which is 23% above median its 10-year median of 60.79 and 10.7% above the Vehicles & Parts industry median of 67.35. Munjal Auto Industries' overall GF Score™ is 67/100 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 Munjal Auto Industries (BOM:520059), the current Days Payable is 74.57 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 Munjal Auto Industries (BOM:520059) Overvalued in 2026?

Based on GuruFocus' analysis, Munjal Auto Industries stock appears to be overvalued. The current stock price of ₹103.49 is trading 10.6% above its estimated GF Value™ of ₹93.57. GuruFocus considers Munjal Auto Industries to be Modestly Overvalued.

Key valuation signals for BOM:520059:

  • Days Payable: 74.57 (23% above median its 10-year median of 60.79)
  • GF Value™: ₹93.57 vs. price of ₹103.49 (10.6% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 10.7% above the Vehicles & Parts median (#637 of 1304)

No single metric tells the full story. See the BOM:520059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munjal Auto Industries Business Description

Other Exchanges MUNJALAU:India
Address Unitech Business Zone, 2nd Floor, Tower C, Nirvana Country, South City - 2, Sector - 50, Gurugram, HR, IND, 122018
Munjal Auto Industries Ltd is an India-based company. It offers an exhaust system or mufflers for two-wheelers. The company is engaged in the manufacture of wheels, rims, fuel tanks, and other components for auto industries. Its product range for 2-3 wheelers includes Steel Wheel Rim and Spoke Wheel Rim. Its product range for four-wheelers includes fuel tank assembly, seat structure system, side step assembly, and other products. Some of the company's facilities offered by the company include an engineering and tool room, which includes a central tool room and technical center, a tool design center and tool manufacturing, and a fuel tank manufacturing line. Its operations fall under a single segment namely Manufacturing of Auto Components. The company generates majority revenue from India.
67GF Score

Get the complete analysis for BOM:520059

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

₹103.49
Price
₹93.57
GF Value