Gratex IndustriesBOM:526751 71 Days Payable is 61.38 as of Mar. 2026, which is 3% above its 10-year median of 59.73. GuruFocus rates BOM:526751 with a GF Score™ of 71/100 and a GF Value™ of ₹24.72 (Fairly Valued). The stock has 8 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, Gratex Industries ranks worse than 52.66% on this metric.
The historical rank and industry rank for Gratex Industries's Days Payable or its related term are showing as below:
BOM:526751'
s Days Payable Range Over the Past 10 Years
Min: 21.64 Med: 59.73 Max: 88.91
Current: 61.43
During the past 13 years, Gratex Industries's highest Days Payable was 88.91. The lowest was 21.64. And the median was 59.73.
BOM:526751's Days Payable is ranked worse than 52.66% of 414
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.24
vs BOM:526751: 61.43
Gratex Industries's Days Payable
increased
from Mar. 2025 (39.80) to Mar. 2026 (61.38).
It may suggest that Gratex Industriesdelayed paying its suppliers.
Gratex Industries Days Payable Related Terms
Gratex Industries Days Payable Historical Data
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The historical data trend for Gratex 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.
BOM:526751 vs SN, SGI, MHK: Days Payable Comparison
For the Furnishings, Fixtures & Appliances subindustry, Gratex 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.
Gratex Industries Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gratex Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Gratex 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.
Gratex 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.
Gratex Industries (BOM:526751) has a Days Payable of 61.38 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 Gratex Industries and its competitors. This is near median its historical median of 59.73. Over the past decade, Gratex Industries' Days Payable has ranged from 21.64 to 88.91. According to the industry distribution chart, Gratex Industries ranks #218 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 52.7%.
Is Gratex Industries' Days Payable too high?
Gratex Industries' current Days Payable of 61.38 is near median its 10-year median of 59.73. Over the past 10 years, this metric has ranged from a low of 21.64 to a high of 88.91. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.24. Gratex Industries' value of 61.38 is 4.5% below this industry median. Based on the distribution chart, Gratex Industries ranks #218 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Gratex Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gratex Industries' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Gratex Industries ranks #218 out of 414 companies for Days Payable. This places Gratex Industries in the lower half of its industry. The industry median Days Payable is 64.24. Gratex Industries' value of 61.38 is 4.5% below this benchmark. Historically, Gratex Industries' own Days Payable has ranged from 21.64 to 88.91 over the past decade. While the company's 10-year median is 59.73 vs. the industry median of 64.24, Gratex Industries 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.24, based on 414 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. Gratex Industries's current Days Payable of 61.38 is 4.5% 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 Gratex Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gratex Industries's current Days Payable is 61.38, which is near median its own 10-year median of 59.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gratex Industries stock overvalued right now?
Based on GuruFocus' analysis, Gratex Industries (BOM:526751) is currently considered Fairly Valued. The stock's GF Value™ is ₹24.72, compared to a current price of ₹26.13 — trading 5.7% above its estimated fair value. The current Days Payable is 61.38, which is near median its 10-year median of 59.73 and 4.5% below the Furnishings, Fixtures & Appliances industry median of 64.24. Gratex Industries' overall GF Score™ is 71/100 with 8 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 Gratex Industries (BOM:526751), the current Days Payable is 61.38 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 Gratex Industries (BOM:526751) Overvalued in 2026?
Based on GuruFocus' analysis, Gratex Industries stock appears to be overvalued.
The current stock price of ₹26.13 is trading 5.7% above its estimated GF Value™ of ₹24.72.
GuruFocus considers Gratex Industries to be Fairly Valued.
Key valuation signals for BOM:526751:
Days Payable: 61.38 (near median its 10-year median of 59.73)
GF Value™: ₹24.72 vs. price of ₹26.13 (5.7% above fair value)
Industry Position: 4.5% below the Furnishings, Fixtures & Appliances median (#218 of 414)
No single metric tells the full story. See the BOM:526751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gratex Industries Ltd engages in the business of trading, reselling and wholesale of wallpapers and related products. Geographically all business activities of the firm are carried out in India. It operates in single business segment: Manufacturing and Trading of Profiles, Catalogues, Digital Posters, Furnitures and Wall coverings.
71GF Score
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