Shivagrico Implements (BOM:522237) Days Payable: 5.68 (As of Mar. 2026) — 75% Below Median

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BOM:522237 Shivagrico Implements Ltd BOM:522237
65 GF Score
Price ₹26.99
GF Value ₹28.98
Valuation Fairly Valued
! 4 Warning Signs
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What is Shivagrico Implements Days Payable?

Shivagrico Implements BOM:522237 +9.14% 65 Days Payable is 5.68 as of Mar. 2026, which is 75% below its 10-year median of 22.37. GuruFocus rates BOM:522237 with a GF Score™ of 65/100 and a GF Value™ of ₹28.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Shivagrico Implements ranks worse than 98.93% on this metric.

Shivagrico Implements's average Accounts Payable for the three months ended in Mar. 2026 was ₹5.8 Mil. Shivagrico Implements's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹92.6 Mil. Hence, Shivagrico Implements's Days Payable for the three months ended in Mar. 2026 was 5.68.

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

BOM:522237' s Days Payable Range Over the Past 10 Years
Min: 6.85   Med: 22.37   Max: 41.92
Current: 7.29

During the past 13 years, Shivagrico Implements's highest Days Payable was 41.92. The lowest was 6.85. And the median was 22.37.

BOM:522237's Days Payable is ranked worse than
98.93% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs BOM:522237: 7.29

Shivagrico Implements's Days Payable declined from Mar. 2025 (7.80) to Mar. 2026 (5.68). It may suggest that Shivagrico Implements accelerated paying its suppliers.


Shivagrico Implements Days Payable Historical Data

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The historical data trend for Shivagrico Implements'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.

Shivagrico Implements Days Payable Chart

Shivagrico Implements 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 16.44 22.34 18.73 8.14 6.85

Shivagrico Implements 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 7.80 7.84 9.02 7.65 5.68

BOM:522237 vs SNA, RBC, LECO: Days Payable Comparison

For the Tools & Accessories subindustry, Shivagrico Implements'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.


Shivagrico Implements Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Shivagrico Implements's Days Payable falls into.


BOM:522237
65GF Score
Shivagrico Implements Ltd BOM:522237
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shivagrico Implements 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.

Shivagrico Implements'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
=( (8.074 + 5.763) / 2 ) / 368.68*365
=6.9185 / 368.68*365
=6.85

Shivagrico Implements'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 + 5.763) / 1 ) / 92.554*365 / 4
=5.763 / 92.554*365 / 4
=5.68

* 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 5.68 mean?
Shivagrico Implements (BOM:522237) has a Days Payable of 5.68 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 Shivagrico Implements and its competitors. This is 75% below median its historical median of 22.37. Over the past decade, Shivagrico Implements' Days Payable has ranged from 6.85 to 41.92. According to the industry distribution chart, Shivagrico Implements ranks #2961 out of 2993 companies in the Industrial Products industry, placing it in the top 98.9%.
Is Shivagrico Implements' Days Payable too high?
Shivagrico Implements' current Days Payable of 5.68 is 75% below median its 10-year median of 22.37. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 41.92. The Industrial Products industry median Days Payable is 78.04. Shivagrico Implements' value of 5.68 is 92.7% below this industry median. Based on the distribution chart, Shivagrico Implements ranks #2961 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shivagrico Implements has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shivagrico Implements' Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Shivagrico Implements ranks #2961 out of 2993 companies for Days Payable. This places Shivagrico Implements in the lower half of its industry. The industry median Days Payable is 78.04. Shivagrico Implements' value of 5.68 is 92.7% below this benchmark. Historically, Shivagrico Implements' own Days Payable has ranged from 6.85 to 41.92 over the past decade. While the company's 10-year median is 22.37 vs. the industry median of 78.04, Shivagrico Implements 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 78.04, based on 2,993 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. Shivagrico Implements's current Days Payable of 5.68 is 92.7% 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 Shivagrico Implements and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivagrico Implements's current Days Payable is 5.68, which is 75% below median its own 10-year median of 22.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivagrico Implements stock overvalued right now?
Based on GuruFocus' analysis, Shivagrico Implements (BOM:522237) is currently considered Fairly Valued. The stock's GF Value™ is ₹28.98, compared to a current price of ₹26.99 — trading 6.9% below its estimated fair value. The current Days Payable is 5.68, which is 75% below median its 10-year median of 22.37 and 92.7% below the Industrial Products industry median of 78.04. Shivagrico Implements' overall GF Score™ is 65/100 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 Shivagrico Implements (BOM:522237), the current Days Payable is 5.68 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 Shivagrico Implements (BOM:522237) Overvalued in 2026?

Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued. The current stock price of ₹26.99 is trading 6.9% below its estimated GF Value™ of ₹28.98. GuruFocus considers Shivagrico Implements to be Fairly Valued.

Key valuation signals for BOM:522237:

  • Days Payable: 5.68 (75% below median its 10-year median of 22.37)
  • GF Value™: ₹28.98 vs. price of ₹26.99 (6.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 92.7% below the Industrial Products median (#2961 of 2993)

No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shivagrico Implements Business Description

Address 281, Tardeo Road, A-1, Ground Floor, Adinath Apartments, Mumbai, MH, IND, 400 007
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
65GF Score

Get the complete analysis for BOM:522237

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

₹26.99
Price
₹28.98
GF Value