Eco Recycling (BOM:530643) Days Payable: 182.81 (As of Mar. 2026) — 129% Above Median

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BOM:530643 Eco Recycling Ltd BOM:530643
85 GF Score
Price ₹506.50
GF Value ₹744.70
Valuation Possible Value Trap
! 4 Warning Signs
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What is Eco Recycling Days Payable?

Eco Recycling BOM:530643 +1.37% 85 Days Payable is 182.81 as of Mar. 2026, which is 129% above its 10-year median of 79.70. GuruFocus rates BOM:530643 with a GF Score™ of 85/100 and a GF Value™ of ₹744.70 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 230 Waste Management companies, Eco Recycling ranks better than 56.96% on this metric.

Eco Recycling's average Accounts Payable for the three months ended in Mar. 2026 was ₹58.3 Mil. Eco Recycling's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹29.1 Mil. Hence, Eco Recycling's Days Payable for the three months ended in Mar. 2026 was 182.81.

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

BOM:530643' s Days Payable Range Over the Past 10 Years
Min: 6.85   Med: 79.7   Max: 406.46
Current: 87.06

During the past 13 years, Eco Recycling's highest Days Payable was 406.46. The lowest was 6.85. And the median was 79.70.

BOM:530643's Days Payable is ranked better than
56.96% of 230 companies
in the Waste Management industry
Industry Median: 64.295 vs BOM:530643: 87.06

Eco Recycling's Days Payable increased from Mar. 2025 (96.13) to Mar. 2026 (182.81). It may suggest that Eco Recycling delayed paying its suppliers.


Eco Recycling Days Payable Historical Data

* Premium members only.

The historical data trend for Eco Recycling'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.

Eco Recycling Days Payable Chart

Eco Recycling 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 61.34 387.70 349.44 41.15 101.10

Eco Recycling 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 96.13 37.54 30.67 252.79 182.81

BOM:530643 vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Eco Recycling'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.


Eco Recycling Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Eco Recycling's Days Payable distribution charts can be found below:

* The bar in red indicates where Eco Recycling's Days Payable falls into.


BOM:530643
85GF Score
Eco Recycling Ltd BOM:530643
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Eco Recycling 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.

Eco Recycling'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
=( (12.22 + 58.3) / 2 ) / 127.3*365
=35.26 / 127.3*365
=101.10

Eco Recycling'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 + 58.3) / 1 ) / 29.1*365 / 4
=58.3 / 29.1*365 / 4
=182.81

* 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 182.81 mean?
Eco Recycling (BOM:530643) has a Days Payable of 182.81 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 Eco Recycling and its competitors. This is 129% above median its historical median of 79.70. Over the past decade, Eco Recycling's Days Payable has ranged from 6.85 to 406.46. According to the industry distribution chart, Eco Recycling ranks #99 out of 230 companies in the Waste Management industry, placing it in the top 43%.
Is Eco Recycling's Days Payable too high?
Eco Recycling's current Days Payable of 182.81 is 129% above median its 10-year median of 79.70. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 406.46. The Waste Management industry median Days Payable is 64.30. Eco Recycling's value of 182.81 is 184.3% above this industry median. Based on the distribution chart, Eco Recycling ranks #99 out of 230 companies in the Waste Management industry, which is above the industry midpoint. Overall, Eco Recycling has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eco Recycling's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Eco Recycling ranks #99 out of 230 companies for Days Payable. This puts Eco Recycling in the upper half of its industry. The industry median Days Payable is 64.30. Eco Recycling's value of 182.81 is 184.3% above this benchmark. Historically, Eco Recycling's own Days Payable has ranged from 6.85 to 406.46 over the past decade. While the company's 10-year median is 79.70 vs. the industry median of 64.30, Eco Recycling has consistently been above 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 Waste Management company?
The median Days Payable among Waste Management companies is 64.30, based on 230 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. Eco Recycling's current Days Payable of 182.81 is 184.3% above 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 Eco Recycling and its competitors. For the Waste Management industry, the median Days Payable is 64.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco Recycling's current Days Payable is 182.81, which is 129% above median its own 10-year median of 79.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Recycling stock overvalued right now?
Based on GuruFocus' analysis, Eco Recycling (BOM:530643) is currently considered Possible Value Trap. The stock's GF Value™ is ₹744.70, compared to a current price of ₹506.50 — trading 32% below its estimated fair value. The current Days Payable is 182.81, which is 129% above median its 10-year median of 79.70 and 184.3% above the Waste Management industry median of 64.30. Eco Recycling's overall GF Score™ is 85/100 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 Eco Recycling (BOM:530643), the current Days Payable is 182.81 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 Eco Recycling (BOM:530643) Overvalued in 2026?

Based on GuruFocus' analysis, Eco Recycling stock appears to be undervalued. The current stock price of ₹506.50 is trading 32% below its estimated GF Value™ of ₹744.70. GuruFocus considers Eco Recycling to be Possible Value Trap.

Key valuation signals for BOM:530643:

  • Days Payable: 182.81 (129% above median its 10-year median of 79.70)
  • GF Value™: ₹744.70 vs. price of ₹506.50 (32% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 184.3% above the Waste Management median (#99 of 230)

No single metric tells the full story. See the BOM:530643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eco Recycling Business Description

Address Andheri Kurla Road, Unit No. 422, 4th Floor, The Summit Business Bay, Opposite Cine Max Theater, Near WEH Metro Station, Andheri (East), Mumbai, IND, 400093
Eco Recycling Ltd is an Indian-based e-waste management company engaged in the business of recycling of electrical & electronic waste and affiliated services. It operates through a single segment: Operations of e-waste recycling. The company provides an end-to-end integrated solution for e-waste management to Multi-National Companies (MNC), Retailers, Original Equipment Manufacturers (OEM), Government Departments, NGOs, Households, Educational Institutions, and all other entities. The company earns revenue by the sale of scrap as well as by providing services.
85GF Score

Get the complete analysis for BOM:530643

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

₹506.50
Price
₹744.70
GF Value