Progrex Ventures (BOM:531265) Days Payable: 36.50 (As of Mar. 2026) — 80% Below Median

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BOM:531265 Progrex Ventures Ltd BOM:531265
25 GF Score
Price ₹32.45
! 2 Warning Signs
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What is Progrex Ventures Days Payable?

Progrex Ventures BOM:531265 25 Days Payable is 36.50 as of Mar. 2026, which is 80% below its 10-year median of 178.14. GuruFocus rates BOM:531265 with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 78 Diversified Financial Services companies, Progrex Ventures ranks better than 61.54% on this metric.

Progrex Ventures's average Accounts Payable for the three months ended in Mar. 2026 was ₹0.14 Mil. Progrex Ventures's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹0.35 Mil. Hence, Progrex Ventures's Days Payable for the three months ended in Mar. 2026 was 36.50.

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

BOM:531265' s Days Payable Range Over the Past 10 Years
Min: 70.48   Med: 178.14   Max: 300.27
Current: 146

During the past 13 years, Progrex Ventures's highest Days Payable was 300.27. The lowest was 70.48. And the median was 178.14.

BOM:531265's Days Payable is ranked better than
61.54% of 78 companies
in the Diversified Financial Services industry
Industry Median: 80.825 vs BOM:531265: 146.00

Progrex Ventures's Days Payable declined from Mar. 2025 (40.56) to Mar. 2026 (36.50). It may suggest that Progrex Ventures accelerated paying its suppliers.


Progrex Ventures Days Payable Historical Data

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The historical data trend for Progrex Ventures'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.

Progrex Ventures Days Payable Chart

Progrex Ventures 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 187.94 134.66 102.77 74.60 70.48

Progrex Ventures 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 40.56 0.00 0.00 0.00 36.50

BOM:531265 vs XXI, CCXI, DMII: Days Payable Comparison

For the Shell Companies subindustry, Progrex Ventures'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.


Progrex Ventures Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Progrex Ventures's Days Payable distribution charts can be found below:

* The bar in red indicates where Progrex Ventures's Days Payable falls into.


BOM:531265
25GF Score
Progrex Ventures Ltd BOM:531265
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Progrex Ventures 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.

Progrex Ventures'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
=( (0.14 + 0.14) / 2 ) / 0.725*365
=0.14 / 0.725*365
=70.48

Progrex Ventures'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 + 0.14) / 1 ) / 0.35*365 / 4
=0.14 / 0.35*365 / 4
=36.50

* 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 36.50 mean?
Progrex Ventures (BOM:531265) has a Days Payable of 36.50 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 Progrex Ventures and its competitors. This is 80% below median its historical median of 178.14. Over the past decade, Progrex Ventures' Days Payable has ranged from 70.48 to 300.27. According to the industry distribution chart, Progrex Ventures ranks #30 out of 78 companies in the Diversified Financial Services industry, placing it in the top 38.5%.
Is Progrex Ventures' Days Payable too high?
Progrex Ventures' current Days Payable of 36.50 is 80% below median its 10-year median of 178.14. Over the past 10 years, this metric has ranged from a low of 70.48 to a high of 300.27. The Diversified Financial Services industry median Days Payable is 80.83. Progrex Ventures' value of 36.50 is 54.8% below this industry median. Based on the distribution chart, Progrex Ventures ranks #30 out of 78 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Progrex Ventures has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Progrex Ventures' Days Payable compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Progrex Ventures ranks #30 out of 78 companies for Days Payable. This puts Progrex Ventures in the upper half of its industry. The industry median Days Payable is 80.83. Progrex Ventures' value of 36.50 is 54.8% below this benchmark. Historically, Progrex Ventures' own Days Payable has ranged from 70.48 to 300.27 over the past decade. While the company's 10-year median is 178.14 vs. the industry median of 80.83, Progrex Ventures 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 80.83, based on 78 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. Progrex Ventures's current Days Payable of 36.50 is 54.8% 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 Progrex Ventures and its competitors. For the Diversified Financial Services industry, the median Days Payable is 80.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progrex Ventures's current Days Payable is 36.50, which is 80% below median its own 10-year median of 178.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progrex Ventures stock overvalued right now?
Progrex Ventures (BOM:531265) has a current Days Payable of 36.50. The current Days Payable is 36.50, which is 80% below median its 10-year median of 178.14 and 54.8% below the Diversified Financial Services industry median of 80.83. Progrex Ventures' overall GF Score™ is 25/100 with 2 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 Progrex Ventures (BOM:531265), the current Days Payable is 36.50 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.

Progrex Ventures Business Description

Address Number 232, Zone-I, MaharanaPratap Nagar, Shri Mohan Parisar, Bhopal, MP, IND, 462 011
Progrex Ventures Ltd does not have extensive ongoing operations currently. Earlier, the company was engaged in the manufacture, trade, and export of solvent extraction oils, refined oils, and soya meal. Its business activities were centered on oil refining and trading, but these operations have been suspended for several years. The company generates revenue from the trading of these refined oils and related products when active. It is based in Bhopal, India, but its business presence and operations have been minimal in recent times.
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