CIL Securities (BOM:530829) Days Payable: 2,239.57 (As of Mar. 2026) — 17% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:530829 CIL Securities Ltd BOM:530829
78 GF Score
Price ₹35.43
GF Value ₹38.54
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is CIL Securities Days Payable?

CIL Securities BOM:530829 -6.52% 78 Days Payable is 2,239.57 as of Mar. 2026, which is 17% below its 10-year median of 2,700.24. GuruFocus rates BOM:530829 with a GF Score™ of 78/100 and a GF Value™ of ₹38.54 (Fairly Valued). The stock has 5 warning signs investors should review. Among 540 Capital Markets companies, CIL Securities ranks better than 89.81% on this metric.

CIL Securities's average Accounts Payable for the three months ended in Mar. 2026 was ₹136.85 Mil. CIL Securities's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹5.58 Mil. Hence, CIL Securities's Days Payable for the three months ended in Mar. 2026 was 2,239.57.

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

BOM:530829' s Days Payable Range Over the Past 10 Years
Min: 1192.93   Med: 2700.24   Max: 3647.16
Current: 2833.68

During the past 13 years, CIL Securities's highest Days Payable was 3647.16. The lowest was 1192.93. And the median was 2700.24.

BOM:530829's Days Payable is ranked better than
89.81% of 540 companies
in the Capital Markets industry
Industry Median: 92.71 vs BOM:530829: 2833.68

CIL Securities's Days Payable declined from Mar. 2025 (3,640.90) to Mar. 2026 (2,239.57). It may suggest that CIL Securities accelerated paying its suppliers.


CIL Securities Days Payable Historical Data

* Premium members only.

The historical data trend for CIL Securities'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.

CIL Securities Days Payable Chart

CIL Securities 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 3,240.64 1,862.49 2,639.18 3,647.16 2,761.30

CIL Securities 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 3,640.90 3,032.95 3,137.68 3,043.76 2,239.57

BOM:530829 vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, CIL Securities'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.


CIL Securities Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CIL Securities's Days Payable distribution charts can be found below:

* The bar in red indicates where CIL Securities's Days Payable falls into.


BOM:530829
78GF Score
CIL Securities Ltd BOM:530829
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIL Securities 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.

CIL Securities'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
=( (214.384 + 136.853) / 2 ) / 23.214*365
=175.6185 / 23.214*365
=2,761.30

CIL Securities'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 + 136.853) / 1 ) / 5.576*365 / 4
=136.853 / 5.576*365 / 4
=2,239.57

* 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 2,239.57 mean?
CIL Securities (BOM:530829) has a Days Payable of 2,239.57 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 CIL Securities and its competitors. This is 17% below median its historical median of 2,700.24. Over the past decade, CIL Securities' Days Payable has ranged from 1,192.93 to 3,647.16. According to the industry distribution chart, CIL Securities ranks #55 out of 540 companies in the Capital Markets industry, placing it in the top 10.2%.
Is CIL Securities' Days Payable too high?
CIL Securities' current Days Payable of 2,239.57 is 17% below median its 10-year median of 2,700.24. Over the past 10 years, this metric has ranged from a low of 1,192.93 to a high of 3,647.16. The Capital Markets industry median Days Payable is 92.71. CIL Securities' value of 2,239.57 is 2315.7% above this industry median. Based on the distribution chart, CIL Securities ranks #55 out of 540 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, CIL Securities has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CIL Securities' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, CIL Securities ranks #55 out of 540 companies for Days Payable. This places CIL Securities in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.71. CIL Securities' value of 2,239.57 is 2315.7% above this benchmark. Historically, CIL Securities' own Days Payable has ranged from 1,192.93 to 3,647.16 over the past decade. While the company's 10-year median is 2,700.24 vs. the industry median of 92.71, CIL Securities 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.71, based on 540 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. CIL Securities's current Days Payable of 2,239.57 is 2315.7% 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 CIL Securities and its competitors. For the Capital Markets industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIL Securities's current Days Payable is 2,239.57, which is 17% below median its own 10-year median of 2,700.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIL Securities stock overvalued right now?
Based on GuruFocus' analysis, CIL Securities (BOM:530829) is currently considered Fairly Valued. The stock's GF Value™ is ₹38.54, compared to a current price of ₹35.43 — trading 8.1% below its estimated fair value. The current Days Payable is 2,239.57, which is 17% below median its 10-year median of 2,700.24 and 2315.7% above the Capital Markets industry median of 92.71. CIL Securities' overall GF Score™ is 78/100 with 5 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 CIL Securities (BOM:530829), the current Days Payable is 2,239.57 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 CIL Securities (BOM:530829) Overvalued in 2026?

Based on GuruFocus' analysis, CIL Securities stock appears to be undervalued. The current stock price of ₹35.43 is trading 8.1% below its estimated GF Value™ of ₹38.54. GuruFocus considers CIL Securities to be Fairly Valued.

Key valuation signals for BOM:530829:

  • Days Payable: 2,239.57 (17% below median its 10-year median of 2,700.24)
  • GF Value™: ₹38.54 vs. price of ₹35.43 (8.1% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 2315.7% above the Capital Markets median (#55 of 540)

No single metric tells the full story. See the BOM:530829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIL Securities Business Description

Address Chirag Ali Lane, 214, Raghava Ratna Towers, Abids, Hyderabad, TG, IND, 500 001
CIL Securities Ltd is a diversified financial company. The company's operating segment includes Securities Dealing and Broking; Merchant Banking Fees; Consultancy Fees; Registrar and Share Transfer agents; and Demat and Depository. It generates maximum revenue from the Securities Dealing and Broking segment.
78GF Score

Get the complete analysis for BOM:530829

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

₹35.43
Price
₹38.54
GF Value