Sovereign Diamonds (BOM:523826) Days Payable: 1.79 (As of Mar. 2026) — 95% Below Median

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BOM:523826 Sovereign Diamonds Ltd BOM:523826
45 GF Score
Price ₹26.54
GF Value ₹14.22
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sovereign Diamonds Days Payable?

Sovereign Diamonds BOM:523826 +0.91% 45 Days Payable is 1.79 as of Mar. 2026, which is 95% below its 10-year median of 38.73. GuruFocus rates BOM:523826 with a GF Score™ of 45/100 and a GF Value™ of ₹14.22 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Sovereign Diamonds ranks worse than 91.88% on this metric.

Sovereign Diamonds's average Accounts Payable for the three months ended in Mar. 2026 was ₹0.3 Mil. Sovereign Diamonds's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹16.1 Mil. Hence, Sovereign Diamonds's Days Payable for the three months ended in Mar. 2026 was 1.79.

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

BOM:523826' s Days Payable Range Over the Past 10 Years
Min: 8.61   Med: 38.73   Max: 108.05
Current: 9.22

During the past 13 years, Sovereign Diamonds's highest Days Payable was 108.05. The lowest was 8.61. And the median was 38.73.

BOM:523826's Days Payable is ranked worse than
91.88% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 50.645 vs BOM:523826: 9.22

Sovereign Diamonds's Days Payable declined from Mar. 2025 (36.38) to Mar. 2026 (1.79). It may suggest that Sovereign Diamonds accelerated paying its suppliers.


Sovereign Diamonds Days Payable Historical Data

* Premium members only.

The historical data trend for Sovereign Diamonds'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.

Sovereign Diamonds Days Payable Chart

Sovereign Diamonds 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 39.76 42.38 40.35 37.70 12.89

Sovereign Diamonds 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 36.38 8.64 6.29 3.03 1.79

BOM:523826 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Sovereign Diamonds'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.


Sovereign Diamonds Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sovereign Diamonds's Days Payable distribution charts can be found below:

* The bar in red indicates where Sovereign Diamonds's Days Payable falls into.


BOM:523826
45GF Score
Sovereign Diamonds Ltd BOM:523826
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sovereign Diamonds 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.

Sovereign Diamonds'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
=( (11.087 + 0.316) / 2 ) / 161.505*365
=5.7015 / 161.505*365
=12.89

Sovereign Diamonds'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 + 0.316) / 1 ) / 16.109*365 / 4
=0.316 / 16.109*365 / 4
=1.79

* 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 1.79 mean?
Sovereign Diamonds (BOM:523826) has a Days Payable of 1.79 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 Sovereign Diamonds and its competitors. This is 95% below median its historical median of 38.73. Over the past decade, Sovereign Diamonds' Days Payable has ranged from 8.61 to 108.05. According to the industry distribution chart, Sovereign Diamonds ranks #1018 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 91.9%.
Is Sovereign Diamonds' Days Payable too high?
Sovereign Diamonds' current Days Payable of 1.79 is 95% below median its 10-year median of 38.73. Over the past 10 years, this metric has ranged from a low of 8.61 to a high of 108.05. The Retail - Cyclical industry median Days Payable is 50.65. Sovereign Diamonds' value of 1.79 is 96.5% below this industry median. Based on the distribution chart, Sovereign Diamonds ranks #1018 out of 1108 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Sovereign Diamonds has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sovereign Diamonds' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Sovereign Diamonds ranks #1018 out of 1108 companies for Days Payable. This places Sovereign Diamonds in the lower half of its industry. The industry median Days Payable is 50.65. Sovereign Diamonds' value of 1.79 is 96.5% below this benchmark. Historically, Sovereign Diamonds' own Days Payable has ranged from 8.61 to 108.05 over the past decade. While the company's 10-year median is 38.73 vs. the industry median of 50.65, Sovereign Diamonds 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 a Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.65, based on 1,108 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. Sovereign Diamonds's current Days Payable of 1.79 is 96.5% 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 Sovereign Diamonds and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sovereign Diamonds's current Days Payable is 1.79, which is 95% below median its own 10-year median of 38.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sovereign Diamonds stock overvalued right now?
Based on GuruFocus' analysis, Sovereign Diamonds (BOM:523826) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹14.22, compared to a current price of ₹26.54 — trading 86.6% above its estimated fair value. The current Days Payable is 1.79, which is 95% below median its 10-year median of 38.73 and 96.5% below the Retail - Cyclical industry median of 50.65. Sovereign Diamonds' overall GF Score™ is 45/100 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 Sovereign Diamonds (BOM:523826), the current Days Payable is 1.79 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 Sovereign Diamonds (BOM:523826) Overvalued in 2026?

Based on GuruFocus' analysis, Sovereign Diamonds stock appears to be overvalued. The current stock price of ₹26.54 is trading 86.6% above its estimated GF Value™ of ₹14.22. GuruFocus considers Sovereign Diamonds to be Significantly Overvalued.

Key valuation signals for BOM:523826:

  • Days Payable: 1.79 (95% below median its 10-year median of 38.73)
  • GF Value™: ₹14.22 vs. price of ₹26.54 (86.6% above fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 96.5% below the Retail - Cyclical median (#1018 of 1108)

No single metric tells the full story. See the BOM:523826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sovereign Diamonds Business Description

Address Mahakali Caves Road, Mahal Industrial Estate, 11-A,Sovereign House, Andheri East, Mumbai, MH, IND, 400093
Sovereign Diamonds Ltd is engaged in manufacturing, selling of Gold Jewellery, Diamond Studded Jewellery and Silver item. The company supplies its products to retail brands and retail chains. It has only one operating segment Jewellery Business.
45GF Score

Get the complete analysis for BOM:523826

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

₹26.54
Price
₹14.22
GF Value