Thakkers Developers (BOM:526654) Days Payable: 2.09 (As of Mar. 2026) — 96% Below Median


BOM:526654 Thakkers Developers Ltd BOM:526654
72 GF Score
Price ₹122.00
GF Value ₹168.02
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Thakkers Developers Days Payable?

Thakkers Developers BOM:526654 +4.99% 72 Days Payable is 2.09 as of Mar. 2026, which is 96% below its 10-year median of 48.33. GuruFocus rates BOM:526654 with a GF Score™ of 72/100 and a GF Value™ of ₹168.02 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,568 Real Estate companies, Thakkers Developers ranks worse than 97.83% on this metric.

Thakkers Developers's average Accounts Payable for the three months ended in Mar. 2026 was ₹0.7 Mil. Thakkers Developers's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹30.2 Mil. Hence, Thakkers Developers's Days Payable for the three months ended in Mar. 2026 was 2.09.

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

BOM:526654' s Days Payable Range Over the Past 10 Years
Min: 3.14   Med: 48.33   Max: 330.07
Current: 3.14

During the past 13 years, Thakkers Developers's highest Days Payable was 330.07. The lowest was 3.14. And the median was 48.33.

BOM:526654's Days Payable is ranked worse than
97.83% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs BOM:526654: 3.14

Thakkers Developers's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (2.09). It may suggest that Thakkers Developers delayed paying its suppliers.


Thakkers Developers Days Payable Historical Data

* Premium members only.

The historical data trend for Thakkers Developers'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.

Thakkers Developers Days Payable Chart

Thakkers Developers 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 43.89 12.29 21.67 17.34 4.41

Thakkers Developers 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 0.00 5.96 3.00 0.56 2.09

Thakkers Developers Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Thakkers Developers'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.


Thakkers Developers Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thakkers Developers's Days Payable distribution charts can be found below:

* The bar in red indicates where Thakkers Developers's Days Payable falls into.


BOM:526654
72GF Score
Thakkers Developers Ltd BOM:526654
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thakkers Developers 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.

Thakkers Developers'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
=( (3.731 + 0.939) / 2 ) / 193.351*365
=2.335 / 193.351*365
=4.41

Thakkers Developers'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
=( (0.445 + 0.939) / 2 ) / 30.221*365 / 4
=0.692 / 30.221*365 / 4
=2.09

* 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 2.09 mean?
Thakkers Developers (BOM:526654) has a Days Payable of 2.09 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 Thakkers Developers and its competitors. This is 96% below median its historical median of 48.33. Over the past decade, Thakkers Developers' Days Payable has ranged from 3.14 to 330.07. According to the industry distribution chart, Thakkers Developers ranks #1534 out of 1568 companies in the Real Estate industry, placing it in the top 97.8%.
Is Thakkers Developers' Days Payable too high?
Thakkers Developers' current Days Payable of 2.09 is 96% below median its 10-year median of 48.33. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 330.07. The Real Estate industry median Days Payable is 94.21. Thakkers Developers' value of 2.09 is 97.8% below this industry median. Based on the distribution chart, Thakkers Developers ranks #1534 out of 1568 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Thakkers Developers has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thakkers Developers' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Thakkers Developers ranks #1534 out of 1568 companies for Days Payable. This places Thakkers Developers in the lower half of its industry. The industry median Days Payable is 94.21. Thakkers Developers' value of 2.09 is 97.8% below this benchmark. Historically, Thakkers Developers' own Days Payable has ranged from 3.14 to 330.07 over the past decade. While the company's 10-year median is 48.33 vs. the industry median of 94.21, Thakkers Developers 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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. Thakkers Developers's current Days Payable of 2.09 is 97.8% 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 Thakkers Developers and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thakkers Developers's current Days Payable is 2.09, which is 96% below median its own 10-year median of 48.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thakkers Developers stock overvalued right now?
Based on GuruFocus' analysis, Thakkers Developers (BOM:526654) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹168.02, compared to a current price of ₹122.00 — trading 27.4% below its estimated fair value. The current Days Payable is 2.09, which is 96% below median its 10-year median of 48.33 and 97.8% below the Real Estate industry median of 94.21. Thakkers Developers' overall GF Score™ is 72/100 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 Thakkers Developers (BOM:526654), the current Days Payable is 2.09 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 Thakkers Developers (BOM:526654) Overvalued in 2026?

Based on GuruFocus' analysis, Thakkers Developers stock appears to be undervalued. The current stock price of ₹122.00 is trading 27.4% below its estimated GF Value™ of ₹168.02. GuruFocus considers Thakkers Developers to be Modestly Undervalued.

Key valuation signals for BOM:526654:

  • Days Payable: 2.09 (96% below median its 10-year median of 48.33)
  • GF Value™: ₹168.02 vs. price of ₹122.00 (27.4% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 97.8% below the Real Estate median (#1534 of 1568)

No single metric tells the full story. See the BOM:526654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thakkers Developers Business Description

Address Modi Street, 37/39, Kantol Niwas, Fort, Mumbai, MH, IND, 400 001
Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo Park, Purab Pashchim Plaza, and Thakkers Majesty are a few of the company's projects. It generates key revenue from the Construction and Contract Related Activity.
72GF Score

Get the complete analysis for BOM:526654

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

₹122.00
Price
₹168.02
GF Value