Frontier Springs (BOM:522195) Days Payable: 33.39 (As of Mar. 2026) — 64% Below 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:522195 Frontier Springs Ltd BOM:522195
92 GF Score
Price ₹1,355.70
GF Value ₹1,299.49
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Frontier Springs Days Payable?

Frontier Springs BOM:522195 +3.11% 92 Days Payable is 33.39 as of Mar. 2026, which is 64% below its 10-year median of 92.39. GuruFocus rates BOM:522195 with a GF Score™ of 92/100 and a GF Value™ of ₹1,299.49 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,994 Industrial Products companies, Frontier Springs ranks worse than 74.98% on this metric.

Frontier Springs's average Accounts Payable for the three months ended in Mar. 2026 was ₹135 Mil. Frontier Springs's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹369 Mil. Hence, Frontier Springs's Days Payable for the three months ended in Mar. 2026 was 33.39.

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

BOM:522195' s Days Payable Range Over the Past 10 Years
Min: 43.49   Med: 92.39   Max: 153.76
Current: 43.49

During the past 13 years, Frontier Springs's highest Days Payable was 153.76. The lowest was 43.49. And the median was 92.39.

BOM:522195's Days Payable is ranked worse than
74.98% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs BOM:522195: 43.49

Frontier Springs's Days Payable declined from Mar. 2025 (80.11) to Mar. 2026 (33.39). It may suggest that Frontier Springs accelerated paying its suppliers.


Frontier Springs Days Payable Historical Data

* Premium members only.

The historical data trend for Frontier Springs'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.

Frontier Springs Days Payable Chart

Frontier Springs 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 76.73 94.21 90.56 81.15 52.81

Frontier Springs 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 80.11 76.52 23.66 24.58 33.39

BOM:522195 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Frontier Springs'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.


Frontier Springs Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Frontier Springs's Days Payable falls into.


BOM:522195
92GF Score
Frontier Springs Ltd BOM:522195
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontier Springs 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.

Frontier Springs'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
=( (297.257 + 135.166) / 2 ) / 1494.427*365
=216.2115 / 1494.427*365
=52.81

Frontier Springs'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 + 135.166) / 1 ) / 369.355*365 / 4
=135.166 / 369.355*365 / 4
=33.39

* 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 33.39 mean?
Frontier Springs (BOM:522195) has a Days Payable of 33.39 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 Frontier Springs and its competitors. This is 64% below median its historical median of 92.39. Over the past decade, Frontier Springs' Days Payable has ranged from 43.49 to 153.76. According to the industry distribution chart, Frontier Springs ranks #2245 out of 2994 companies in the Industrial Products industry, placing it in the top 75%.
Is Frontier Springs' Days Payable too high?
Frontier Springs' current Days Payable of 33.39 is 64% below median its 10-year median of 92.39. Over the past 10 years, this metric has ranged from a low of 43.49 to a high of 153.76. The Industrial Products industry median Days Payable is 78.05. Frontier Springs' value of 33.39 is 57.2% below this industry median. Based on the distribution chart, Frontier Springs ranks #2245 out of 2994 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Frontier Springs has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frontier Springs' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Frontier Springs ranks #2245 out of 2994 companies for Days Payable. This places Frontier Springs in the lower half of its industry. The industry median Days Payable is 78.05. Frontier Springs' value of 33.39 is 57.2% below this benchmark. Historically, Frontier Springs' own Days Payable has ranged from 43.49 to 153.76 over the past decade. While the company's 10-year median is 92.39 vs. the industry median of 78.05, Frontier Springs 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 2,994 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. Frontier Springs's current Days Payable of 33.39 is 57.2% 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 Frontier Springs 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. Frontier Springs's current Days Payable is 33.39, which is 64% below median its own 10-year median of 92.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Springs stock overvalued right now?
Based on GuruFocus' analysis, Frontier Springs (BOM:522195) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,299.49, compared to a current price of ₹1,355.70 — trading 4.3% above its estimated fair value. The current Days Payable is 33.39, which is 64% below median its 10-year median of 92.39 and 57.2% below the Industrial Products industry median of 78.05. Frontier Springs' overall GF Score™ is 92/100 with 2 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 Frontier Springs (BOM:522195), the current Days Payable is 33.39 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 Frontier Springs (BOM:522195) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Springs stock appears to be overvalued. The current stock price of ₹1,355.70 is trading 4.3% above its estimated GF Value™ of ₹1,299.49. GuruFocus considers Frontier Springs to be Fairly Valued.

Key valuation signals for BOM:522195:

  • Days Payable: 33.39 (64% below median its 10-year median of 92.39)
  • GF Value™: ₹1,299.49 vs. price of ₹1,355.70 (4.3% above fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 57.2% below the Industrial Products median (#2245 of 2994)

No single metric tells the full story. See the BOM:522195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frontier Springs Business Description

Address E-14, Panki Industrial Area, Site-1, Kanpur, UP, IND, 208 022
Frontier Springs Ltd is engaged in the manufacturing of hot Coiled springs and forging items for transportation, industrial, and government applications. The product offering of the company includes L.B.Springs and Hot Coiled Compression Spring and forging items for Wagon, Locomotives, and Carriages, among others. The company supplies its products to railways, bogie manufacturers, Chittaranjan locomotive works, diesel locomotive works, integrated coach factories, and rail coach factories. In addition to the supply to the railways, the company is also supplying the springs to heavy engineering industries and original earth movers equipment manufacturers.
92GF Score

Get the complete analysis for BOM:522195

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

₹1,355.70
Price
₹1,299.49
GF Value