Shanthi Gears (BOM:522034) Days Payable: 96.40 (As of Mar. 2026) — Near Median

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BOM:522034 Shanthi Gears Ltd BOM:522034
85 GF Score
Price ₹431.60
GF Value ₹495.81
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Shanthi Gears Days Payable?

Shanthi Gears BOM:522034 -1.69% 85 Days Payable is 96.40 as of Mar. 2026, which is 9% above its 10-year median of 88.71. GuruFocus rates BOM:522034 with a GF Score™ of 85/100 and a GF Value™ of ₹495.81 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,991 Industrial Products companies, Shanthi Gears ranks better than 59.21% on this metric.

Shanthi Gears's average Accounts Payable for the three months ended in Mar. 2026 was ₹725 Mil. Shanthi Gears's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹686 Mil. Hence, Shanthi Gears's Days Payable for the three months ended in Mar. 2026 was 96.40.

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

BOM:522034' s Days Payable Range Over the Past 10 Years
Min: 64.19   Med: 88.71   Max: 137.92
Current: 96.68

During the past 13 years, Shanthi Gears's highest Days Payable was 137.92. The lowest was 64.19. And the median was 88.71.

BOM:522034's Days Payable is ranked better than
59.21% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs BOM:522034: 96.68

Shanthi Gears's Days Payable increased from Mar. 2025 (79.77) to Mar. 2026 (96.40). It may suggest that Shanthi Gears delayed paying its suppliers.


Shanthi Gears Days Payable Historical Data

* Premium members only.

The historical data trend for Shanthi Gears'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.

Shanthi Gears Days Payable Chart

Shanthi Gears 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 100.59 69.13 64.19 69.85 92.54

Shanthi Gears 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 79.77 93.14 86.55 103.65 96.40

BOM:522034 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Shanthi Gears'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.


Shanthi Gears Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Shanthi Gears's Days Payable falls into.


BOM:522034
85GF Score
Shanthi Gears Ltd BOM:522034
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanthi Gears 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.

Shanthi Gears'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
=( (627 + 724.5) / 2 ) / 2665.4*365
=675.75 / 2665.4*365
=92.54

Shanthi Gears'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 + 724.5) / 1 ) / 685.8*365 / 4
=724.5 / 685.8*365 / 4
=96.40

* 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 96.40 mean?
Shanthi Gears (BOM:522034) has a Days Payable of 96.40 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 Shanthi Gears and its competitors. This is near median its historical median of 88.71. Over the past decade, Shanthi Gears' Days Payable has ranged from 64.19 to 137.92. According to the industry distribution chart, Shanthi Gears ranks #1220 out of 2991 companies in the Industrial Products industry, placing it in the top 40.8%.
Is Shanthi Gears' Days Payable too high?
Shanthi Gears' current Days Payable of 96.40 is near median its 10-year median of 88.71. Over the past 10 years, this metric has ranged from a low of 64.19 to a high of 137.92. The Industrial Products industry median Days Payable is 78.05. Shanthi Gears' value of 96.40 is 23.5% above this industry median. Based on the distribution chart, Shanthi Gears ranks #1220 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanthi Gears has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanthi Gears' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanthi Gears ranks #1220 out of 2991 companies for Days Payable. This puts Shanthi Gears in the upper half of its industry. The industry median Days Payable is 78.05. Shanthi Gears' value of 96.40 is 23.5% above this benchmark. Historically, Shanthi Gears' own Days Payable has ranged from 64.19 to 137.92 over the past decade. While the company's 10-year median is 88.71 vs. the industry median of 78.05, Shanthi Gears 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 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. Shanthi Gears's current Days Payable of 96.40 is 23.5% 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 Shanthi Gears 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. Shanthi Gears's current Days Payable is 96.40, which is near median its own 10-year median of 88.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanthi Gears stock overvalued right now?
Based on GuruFocus' analysis, Shanthi Gears (BOM:522034) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹495.81, compared to a current price of ₹431.60 — trading 13% below its estimated fair value. The current Days Payable is 96.40, which is near median its 10-year median of 88.71 and 23.5% above the Industrial Products industry median of 78.05. Shanthi Gears' overall GF Score™ is 85/100 with 1 warning sign 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 Shanthi Gears (BOM:522034), the current Days Payable is 96.40 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 Shanthi Gears (BOM:522034) Overvalued in 2026?

Based on GuruFocus' analysis, Shanthi Gears stock appears to be undervalued. The current stock price of ₹431.60 is trading 13% below its estimated GF Value™ of ₹495.81. GuruFocus considers Shanthi Gears to be Modestly Undervalued.

Key valuation signals for BOM:522034:

  • Days Payable: 96.40 (near median its 10-year median of 88.71)
  • GF Value™: ₹495.81 vs. price of ₹431.60 (13% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 23.5% above the Industrial Products median (#1220 of 2991)

No single metric tells the full story. See the BOM:522034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanthi Gears Business Description

Other Exchanges SHANTIGEAR:India
Address 304-A, Trichy Road, Singanallur, Coimbatore, TN, IND, 641005
Shanthi Gears Ltd is an India-based company, that engages in the design, manufacture, supply, and servicing of gears and gearboxes. It offers standard worm gearboxes; helical and bevel helical gearboxes; geared motors; cooling tower, extruder, and rolling mill gearboxes; textile gears, and gear assemblies among others. Geographically the company generates maximum revenue within India and the rest from its customers in America, Europe, and other regions.
85GF Score

Get the complete analysis for BOM:522034

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

₹431.60
Price
₹495.81
GF Value