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Hemang ResourcesBOM:531178 59 Days Payable is 245.00 as of Mar. 2026, which is 34% below its 10-year median of 371.13. GuruFocus rates BOM:531178 with a GF Score™ of 59/100 and a GF Value™ of ₹14.42 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 128 Other Energy Sources companies, Hemang Resources ranks better than 93.75% on this metric.
The historical rank and industry rank for Hemang Resources's Days Payable or its related term are showing as below:
BOM:531178'
s Days Payable Range Over the Past 10 Years
Min: 55.93 Med: 371.13 Max: 10369.87
Current: 847.68
During the past 13 years, Hemang Resources's highest Days Payable was 10369.87. The lowest was 55.93. And the median was 371.13.
BOM:531178's Days Payable is ranked better than 93.75% of 128
companies
in the Other Energy Sources industry
Industry Median: 66.315
vs BOM:531178: 847.68
Hemang Resources's Days Payable
declined
from Mar. 2025 (425.27) to Mar. 2026 (245.00).
It may suggest that Hemang Resourcesaccelerated paying its suppliers.
Hemang Resources Days Payable Related Terms
Hemang Resources Days Payable Historical Data
* Premium members only.
The historical data trend for Hemang Resources'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 Thermal Coal subindustry, Hemang Resources'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.
Hemang Resources Days Payable vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Hemang Resources's Days Payable distribution charts can be found below:
* The bar in red indicates where Hemang Resources'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.
Hemang Resources'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.
Hemang Resources (BOM:531178) has a Days Payable of 245.00 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 Hemang Resources and its competitors. This is 34% below median its historical median of 371.13. Over the past decade, Hemang Resources' Days Payable has ranged from 55.93 to 10,369.87. According to the industry distribution chart, Hemang Resources ranks #8 out of 128 companies in the Other Energy Sources industry, placing it in the top 6.2%.
Is Hemang Resources' Days Payable too high?
Hemang Resources' current Days Payable of 245.00 is 34% below median its 10-year median of 371.13. Over the past 10 years, this metric has ranged from a low of 55.93 to a high of 10,369.87. The Other Energy Sources industry median Days Payable is 66.32. Hemang Resources' value of 245.00 is 269.4% above this industry median. Based on the distribution chart, Hemang Resources ranks #8 out of 128 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Hemang Resources has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hemang Resources' Days Payable compare to CNR?
According to the Other Energy Sources industry distribution chart, Hemang Resources ranks #8 out of 128 companies for Days Payable. This places Hemang Resources in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.32. Hemang Resources' value of 245.00 is 269.4% above this benchmark. Historically, Hemang Resources' own Days Payable has ranged from 55.93 to 10,369.87 over the past decade. While the company's 10-year median is 371.13 vs. the industry median of 66.32, Hemang Resources 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 an Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 66.32, based on 128 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. Hemang Resources's current Days Payable of 245.00 is 269.4% 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 Hemang Resources and its competitors. For the Other Energy Sources industry, the median Days Payable is 66.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hemang Resources's current Days Payable is 245.00, which is 34% below median its own 10-year median of 371.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemang Resources stock overvalued right now?
Based on GuruFocus' analysis, Hemang Resources (BOM:531178) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹14.42, compared to a current price of ₹12.58 — trading 12.8% below its estimated fair value. The current Days Payable is 245.00, which is 34% below median its 10-year median of 371.13 and 269.4% above the Other Energy Sources industry median of 66.32. Hemang Resources' overall GF Score™ is 59/100 with 3 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 Hemang Resources (BOM:531178), the current Days Payable is 245.00 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 Hemang Resources (BOM:531178) Overvalued in 2026?
Based on GuruFocus' analysis, Hemang Resources stock appears to be undervalued.
The current stock price of ₹12.58 is trading 12.8% below its estimated GF Value™ of ₹14.42.
GuruFocus considers Hemang Resources to be Modestly Undervalued.
Key valuation signals for BOM:531178:
Days Payable: 245.00 (34% below median its 10-year median of 371.13)
GF Value™: ₹14.42 vs. price of ₹12.58 (12.8% below fair value)
Industry Position: 269.4% above the Other Energy Sources median (#8 of 128)
No single metric tells the full story. See the BOM:531178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hemang Resources Ltd is a company principally engaged in coal trading, stevedoring, logistic services, and land trading. The company's operating segments consist of the Coal Trading Division and the Infrastructure Division. The Coal Trading Division focuses on trading both imported and indigenous coal, selling to various industries in India. The Infrastructure Division operates in the real estate sector. The company generates the majority of its revenue from the sale of imported coal within the Coal Trading Division segment.
59GF Score
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