Maximaa Systems (BOM:526538) Days Payable: 0.00 (As of Sep. 2021)

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BOM:526538 Maximaa Systems Ltd BOM:526538
4 GF Score
Price ₹0.84
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What is Maximaa Systems Days Payable?

Maximaa Systems BOM:526538 4 Days Payable is 0.00 as of Sep. 2021. GuruFocus rates BOM:526538 with a GF Score™ of 4/100.

Maximaa Systems's average Accounts Payable for the three months ended in Sep. 2021 was ₹60.69 Mil. Maximaa Systems's Cost of Goods Sold for the three months ended in Sep. 2021 was ₹0.00 Mil.

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

BOM:526538's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.455
* Ranked among companies with meaningful Days Payable only.

Maximaa Systems's Days Payable declined from Sep. 2020 (142.33) to Sep. 2021 (0.00). It may suggest that Maximaa Systems accelerated paying its suppliers.

Maximaa Systems Days Payable Historical Data

* Premium members only.

The historical data trend for Maximaa Systems'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.

Maximaa Systems Days Payable Chart

Maximaa Systems Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 350.80 254.33 234.61 102.24 413.55

Maximaa Systems Quarterly Data
Mar16 Jun16 Sep16 Mar17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 142.33 422.78 0.00 0.00 0.00

BOM:526538 vs ZTS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Maximaa Systems'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.

Maximaa Systems Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Maximaa Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Maximaa Systems's Days Payable falls into.


BOM:526538
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Maximaa Systems Ltd BOM:526538
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maximaa Systems 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.

Maximaa Systems's Days Payable for the fiscal year that ended in Mar. 2021 is calculated as

Days Payable (A: Mar. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2020 ) + Accounts Payable (A: Mar. 2021 )) / count ) / Cost of Goods Sold (A: Mar. 2021 )*Days in Period
=( (64.218 + 60.685) / 2 ) / 55.12*365
=62.4515 / 55.12*365
=413.55

Maximaa Systems's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

Days Payable (Q: Sep. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2021 ) + Accounts Payable (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (0 + 60.685) / 1 ) / 0*365 / 4
=60.685 / 0*365 / 4
=N/A

* 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 0.00 mean?
Maximaa Systems (BOM:526538) has a Days Payable of 0.00 as of Sep. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Maximaa Systems and its competitors.
Is Maximaa Systems' Days Payable too high?
Maximaa Systems' current Days Payable is 0.00. Overall, Maximaa Systems has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Maximaa Systems' Days Payable compare to ZTS?
Maximaa Systems' Days Payable of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.46. 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.46, based on 926 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. 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 Maximaa Systems and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maximaa Systems's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximaa Systems stock overvalued right now?
Maximaa Systems (BOM:526538) has a current Days Payable of 0.00. The current Days Payable is 0.00. Maximaa Systems' overall GF Score™ is 4/100. 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 Maximaa Systems (BOM:526538), the current Days Payable is 0.00 as of Sep. 2021. 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.

Maximaa Systems Business Description

Address Tithal Road, B-1, Yashkamal, Valsad, GJ, IND, 396 001
Maximaa Systems Ltd is an India-based company engaged in the business divisions of Storage systems and the Pharma division. The company provides a heavy-duty pallet racking system, medium duty racking system, drive in the storage system, slotted angle rack, two-tier, three-tier racking system, mobile storage system, compactors, furniture storages, and others. Additionally, the company offers healthcare products for bone and joint care, hair care, neuro care, skincare, and other products.
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