Artefact Projects (BOM:531297) Days Payable: 58.71 (As of Mar. 2026) — 58% Below Median

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BOM:531297 Artefact Projects Ltd BOM:531297
63 GF Score
Price ₹56.61
GF Value ₹102.57
Valuation Possible Value Trap
! 3 Warning Signs
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What is Artefact Projects Days Payable?

Artefact Projects BOM:531297 +0.60% 63 Days Payable is 58.71 as of Mar. 2026, which is 58% below its 10-year median of 139.66. GuruFocus rates BOM:531297 with a GF Score™ of 63/100 and a GF Value™ of ₹102.57 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,716 Construction companies, Artefact Projects ranks better than 79.49% on this metric.

Artefact Projects's average Accounts Payable for the three months ended in Mar. 2026 was ₹62.9 Mil. Artefact Projects's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹97.7 Mil. Hence, Artefact Projects's Days Payable for the three months ended in Mar. 2026 was 58.71.

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

BOM:531297' s Days Payable Range Over the Past 10 Years
Min: 56.43   Med: 139.66   Max: 243.51
Current: 180.13

During the past 13 years, Artefact Projects's highest Days Payable was 243.51. The lowest was 56.43. And the median was 139.66.

BOM:531297's Days Payable is ranked better than
79.49% of 1716 companies
in the Construction industry
Industry Median: 76.595 vs BOM:531297: 180.13

Artefact Projects's Days Payable declined from Mar. 2025 (109.69) to Mar. 2026 (58.71). It may suggest that Artefact Projects accelerated paying its suppliers.


Artefact Projects Days Payable Historical Data

* Premium members only.

The historical data trend for Artefact Projects'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.

Artefact Projects Days Payable Chart

Artefact Projects 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 128.97 194.19 150.35 198.65 173.23

Artefact Projects 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 109.69 0.00 137.46 201.98 58.71

BOM:531297 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Artefact Projects'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.


Artefact Projects Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Artefact Projects's Days Payable distribution charts can be found below:

* The bar in red indicates where Artefact Projects's Days Payable falls into.


BOM:531297
63GF Score
Artefact Projects Ltd BOM:531297
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Artefact Projects 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.

Artefact Projects'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
=( (56.54 + 62.894) / 2 ) / 125.827*365
=59.717 / 125.827*365
=173.23

Artefact Projects'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 + 62.894) / 1 ) / 97.747*365 / 4
=62.894 / 97.747*365 / 4
=58.71

* 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 58.71 mean?
Artefact Projects (BOM:531297) has a Days Payable of 58.71 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 Artefact Projects and its competitors. This is 58% below median its historical median of 139.66. Over the past decade, Artefact Projects' Days Payable has ranged from 56.43 to 243.51. According to the industry distribution chart, Artefact Projects ranks #352 out of 1716 companies in the Construction industry, placing it in the top 20.5%.
Is Artefact Projects' Days Payable too high?
Artefact Projects' current Days Payable of 58.71 is 58% below median its 10-year median of 139.66. Over the past 10 years, this metric has ranged from a low of 56.43 to a high of 243.51. The Construction industry median Days Payable is 76.60. Artefact Projects' value of 58.71 is 23.4% below this industry median. Based on the distribution chart, Artefact Projects ranks #352 out of 1716 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Artefact Projects has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Artefact Projects' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Artefact Projects ranks #352 out of 1716 companies for Days Payable. This places Artefact Projects in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.60. Artefact Projects' value of 58.71 is 23.4% below this benchmark. Historically, Artefact Projects' own Days Payable has ranged from 56.43 to 243.51 over the past decade. While the company's 10-year median is 139.66 vs. the industry median of 76.60, Artefact Projects 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,716 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. Artefact Projects's current Days Payable of 58.71 is 23.4% 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 Artefact Projects and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artefact Projects's current Days Payable is 58.71, which is 58% below median its own 10-year median of 139.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artefact Projects stock overvalued right now?
Based on GuruFocus' analysis, Artefact Projects (BOM:531297) is currently considered Possible Value Trap. The stock's GF Value™ is ₹102.57, compared to a current price of ₹56.61 — trading 44.8% below its estimated fair value. The current Days Payable is 58.71, which is 58% below median its 10-year median of 139.66 and 23.4% below the Construction industry median of 76.60. Artefact Projects' overall GF Score™ is 63/100 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 Artefact Projects (BOM:531297), the current Days Payable is 58.71 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 Artefact Projects (BOM:531297) Overvalued in 2026?

Based on GuruFocus' analysis, Artefact Projects stock appears to be undervalued. The current stock price of ₹56.61 is trading 44.8% below its estimated GF Value™ of ₹102.57. GuruFocus considers Artefact Projects to be Possible Value Trap.

Key valuation signals for BOM:531297:

  • Days Payable: 58.71 (58% below median its 10-year median of 139.66)
  • GF Value™: ₹102.57 vs. price of ₹56.61 (44.8% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 23.4% below the Construction median (#352 of 1716)

No single metric tells the full story. See the BOM:531297 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artefact Projects Business Description

Address 54/3, Wardha Road, Block No. 105, 2nd Floor, Chhatrapati Square, Artefact Towers, Nagpur, MH, IND, 440015
Artefact Projects Ltd is engaged in architectural and engineering activities and related technical consultancy. It provides project management services for Highways, Urban Infrastructure, Airports, and Social Contribution as focus areas of expertise. The company operates only in India.
63GF Score

Get the complete analysis for BOM:531297

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

₹56.61
Price
₹102.57
GF Value