Minal IndustriesBOM:522235 +1.71%54 Days Payable is 140.40 as of Mar. 2026, which is 19% above its 10-year median of 117.94. GuruFocus rates BOM:522235 with a GF Score™ of 54/100 and a GF Value™ of ₹3.97 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Minal Industries ranks better than 88.54% on this metric.
The historical rank and industry rank for Minal Industries's Days Payable or its related term are showing as below:
BOM:522235'
s Days Payable Range Over the Past 10 Years
Min: 41.52 Med: 117.94 Max: 1186713.27
Current: 164.49
During the past 13 years, Minal Industries's highest Days Payable was 1186713.27. The lowest was 41.52. And the median was 117.94.
BOM:522235's Days Payable is ranked better than 88.54% of 1099
companies
in the Retail - Cyclical industry
Industry Median: 51.88
vs BOM:522235: 164.49
Minal Industries's Days Payable
increased
from Mar. 2025 (72.88) to Mar. 2026 (140.40).
It may suggest that Minal Industriesdelayed paying its suppliers.
Minal Industries Days Payable Related Terms
Minal Industries Days Payable Historical Data
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The historical data trend for Minal 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.
For the Luxury Goods subindustry, Minal 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.
Minal Industries Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Minal Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Minal Industries's Days Payable falls into.
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.
Minal Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Minal Industries (BOM:522235) has a Days Payable of 140.40 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 Minal Industries and its competitors. This is 19% above median its historical median of 117.94. Over the past decade, Minal Industries' Days Payable has ranged from 41.52 to 1,186,713.27. According to the industry distribution chart, Minal Industries ranks #126 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 11.5%.
Is Minal Industries' Days Payable too high?
Minal Industries' current Days Payable of 140.40 is 19% above median its 10-year median of 117.94. Over the past 10 years, this metric has ranged from a low of 41.52 to a high of 1,186,713.27. The Retail - Cyclical industry median Days Payable is 51.88. Minal Industries' value of 140.40 is 170.6% above this industry median. Based on the distribution chart, Minal Industries ranks #126 out of 1099 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Minal Industries has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Minal Industries' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Minal Industries ranks #126 out of 1099 companies for Days Payable. This places Minal Industries in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.88. Minal Industries' value of 140.40 is 170.6% above this benchmark. Historically, Minal Industries' own Days Payable has ranged from 41.52 to 1,186,713.27 over the past decade. While the company's 10-year median is 117.94 vs. the industry median of 51.88, Minal 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.88, based on 1,099 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. Minal Industries's current Days Payable of 140.40 is 170.6% 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 Minal Industries and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minal Industries's current Days Payable is 140.40, which is 19% above median its own 10-year median of 117.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minal Industries stock overvalued right now?
Based on GuruFocus' analysis, Minal Industries (BOM:522235) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3.97, compared to a current price of ₹2.38 — trading 40.1% below its estimated fair value. The current Days Payable is 140.40, which is 19% above median its 10-year median of 117.94 and 170.6% above the Retail - Cyclical industry median of 51.88. Minal Industries' overall GF Score™ is 54/100 with 3 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 Minal Industries (BOM:522235), the current Days Payable is 140.40 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 Minal Industries (BOM:522235) Overvalued in 2026?
Based on GuruFocus' analysis, Minal Industries stock appears to be undervalued.
The current stock price of ₹2.38 is trading 40.1% below its estimated GF Value™ of ₹3.97.
GuruFocus considers Minal Industries to be Significantly Undervalued.
Key valuation signals for BOM:522235:
Days Payable: 140.40 (19% above median its 10-year median of 117.94)
GF Value™: ₹3.97 vs. price of ₹2.38 (40.1% below fair value)
Industry Position: 170.6% above the Retail - Cyclical median (#126 of 1099)
No single metric tells the full story. See the BOM:522235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minal Industries Ltd is a diamantaire, jewelry, and engineering company. The company is engaged in the business of manufacturing and selling gold jewelry, diamond-studded jewelry, and silver articles. Geographically, it derives a majority of its revenue from India. The company has one reportable segment, which is Manufacturing and Trading of Gems and Jewelry.
54GF Score
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