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Goyal AssociatesBOM:530663 32 Days Payable is 69.05 as of Mar. 2026, which is 57% above its 10-year median of 43.93. GuruFocus rates BOM:530663 with a GF Score™ of 32/100 and a GF Value™ of ₹0.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 302 Credit Services companies, Goyal Associates ranks better than 68.54% on this metric.
The historical rank and industry rank for Goyal Associates's Days Payable or its related term are showing as below:
BOM:530663'
s Days Payable Range Over the Past 10 Years
Min: -1.24 Med: 43.93 Max: 1738.62
Current: 92.24
During the past 13 years, Goyal Associates's highest Days Payable was 1738.62. The lowest was -1.24. And the median was 43.93.
BOM:530663's Days Payable is ranked better than 68.54% of 302
companies
in the Credit Services industry
Industry Median: 32.59
vs BOM:530663: 92.24
Goyal Associates's Days Payable
increased
from Mar. 2025 (68.08) to Mar. 2026 (69.05).
It may suggest that Goyal Associatesdelayed paying its suppliers.
The historical data trend for Goyal Associates'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.
For the Credit Services subindustry, Goyal Associates'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.
Goyal Associates Days Payable vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Goyal Associates's Days Payable distribution charts can be found below:
* The bar in red indicates where Goyal Associates'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.
Goyal Associates'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.
Goyal Associates (BOM:530663) has a Days Payable of 69.05 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 Goyal Associates and its competitors. This is 57% above median its historical median of 43.93. According to the industry distribution chart, Goyal Associates ranks #95 out of 302 companies in the Credit Services industry, placing it in the top 31.5%.
Is Goyal Associates' Days Payable too high?
Goyal Associates' current Days Payable of 69.05 is 57% above median its 10-year median of 43.93. The Credit Services industry median Days Payable is 32.59. Goyal Associates' value of 69.05 is 111.9% above this industry median. Based on the distribution chart, Goyal Associates ranks #95 out of 302 companies in the Credit Services industry, which is above the industry midpoint. Overall, Goyal Associates has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goyal Associates' Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Goyal Associates ranks #95 out of 302 companies for Days Payable. This puts Goyal Associates in the upper half of its industry. The industry median Days Payable is 32.59. Goyal Associates' value of 69.05 is 111.9% above this benchmark. While the company's 10-year median is 43.93 vs. the industry median of 32.59, Goyal Associates 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 Credit Services company?
The median Days Payable among Credit Services companies is 32.59, based on 302 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. Goyal Associates's current Days Payable of 69.05 is 111.9% 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 Goyal Associates and its competitors. For the Credit Services industry, the median Days Payable is 32.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goyal Associates's current Days Payable is 69.05, which is 57% above median its own 10-year median of 43.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goyal Associates stock overvalued right now?
Based on GuruFocus' analysis, Goyal Associates (BOM:530663) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.43, compared to a current price of ₹1.07 — trading 148.8% above its estimated fair value. The current Days Payable is 69.05, which is 57% above median its 10-year median of 43.93 and 111.9% above the Credit Services industry median of 32.59. Goyal Associates' overall GF Score™ is 32/100 with 7 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 Goyal Associates (BOM:530663), the current Days Payable is 69.05 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 Goyal Associates (BOM:530663) Overvalued in 2026?
Based on GuruFocus' analysis, Goyal Associates stock appears to be overvalued.
The current stock price of ₹1.07 is trading 148.8% above its estimated GF Value™ of ₹0.43.
GuruFocus considers Goyal Associates to be Significantly Overvalued.
Key valuation signals for BOM:530663:
Days Payable: 69.05 (57% above median its 10-year median of 43.93)
GF Value™: ₹0.43 vs. price of ₹1.07 (148.8% above fair value)
Industry Position: 111.9% above the Credit Services median (#95 of 302)
No single metric tells the full story. See the BOM:530663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goyal Associates Ltd is an India-based non-banking financial company. The company is classified as a non-deposit-taking company and is engaged mainly in Investment, financing activities, and other related services. The company generates its revenue from its operations. Geographically, it operates in India.
32GF Score
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