DHP India (BOM:531306) Days Payable: 17.04 (As of Mar. 2026) — 14% 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:531306 DHP India Ltd BOM:531306
73 GF Score
Price ₹517.10
GF Value ₹719.71
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is DHP India Days Payable?

DHP India BOM:531306 -0.58% 73 Days Payable is 17.04 as of Mar. 2026, which is 14% below its 10-year median of 19.76. GuruFocus rates BOM:531306 with a GF Score™ of 73/100 and a GF Value™ of ₹719.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, DHP India ranks worse than 88.9% on this metric.

DHP India's average Accounts Payable for the three months ended in Mar. 2026 was ₹21.8 Mil. DHP India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹116.6 Mil. Hence, DHP India's Days Payable for the three months ended in Mar. 2026 was 17.04.

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

BOM:531306' s Days Payable Range Over the Past 10 Years
Min: 14.02   Med: 19.76   Max: 35.21
Current: 27.83

During the past 13 years, DHP India's highest Days Payable was 35.21. The lowest was 14.02. And the median was 19.76.

BOM:531306's Days Payable is ranked worse than
88.9% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs BOM:531306: 27.83

DHP India's Days Payable declined from Mar. 2025 (32.83) to Mar. 2026 (17.04). It may suggest that DHP India accelerated paying its suppliers.


DHP India Days Payable Historical Data

* Premium members only.

The historical data trend for DHP India'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.

DHP India Days Payable Chart

DHP India 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 18.24 14.02 17.60 33.04 31.54

DHP India 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 32.83 33.44 27.36 30.02 17.04

BOM:531306 vs SNA, RBC, LECO: Days Payable Comparison

For the Tools & Accessories subindustry, DHP India'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.


DHP India Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DHP India's Days Payable distribution charts can be found below:

* The bar in red indicates where DHP India's Days Payable falls into.


BOM:531306
73GF Score
DHP India Ltd BOM:531306
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHP India 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.

DHP India'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
=( (35.739 + 21.781) / 2 ) / 332.778*365
=28.76 / 332.778*365
=31.54

DHP India'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 + 21.781) / 1 ) / 116.624*365 / 4
=21.781 / 116.624*365 / 4
=17.04

* 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 17.04 mean?
DHP India (BOM:531306) has a Days Payable of 17.04 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 DHP India and its competitors. This is 14% below median its historical median of 19.76. Over the past decade, DHP India's Days Payable has ranged from 14.02 to 35.21. According to the industry distribution chart, DHP India ranks #2659 out of 2991 companies in the Industrial Products industry, placing it in the top 88.9%.
Is DHP India's Days Payable too high?
DHP India's current Days Payable of 17.04 is 14% below median its 10-year median of 19.76. Over the past 10 years, this metric has ranged from a low of 14.02 to a high of 35.21. The Industrial Products industry median Days Payable is 77.97. DHP India's value of 17.04 is 78.1% below this industry median. Based on the distribution chart, DHP India ranks #2659 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, DHP India has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DHP India's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, DHP India ranks #2659 out of 2991 companies for Days Payable. This places DHP India in the lower half of its industry. The industry median Days Payable is 77.97. DHP India's value of 17.04 is 78.1% below this benchmark. Historically, DHP India's own Days Payable has ranged from 14.02 to 35.21 over the past decade. While the company's 10-year median is 19.76 vs. the industry median of 77.97, DHP India 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. DHP India's current Days Payable of 17.04 is 78.1% 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 DHP India and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHP India's current Days Payable is 17.04, which is 14% below median its own 10-year median of 19.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHP India stock overvalued right now?
Based on GuruFocus' analysis, DHP India (BOM:531306) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹719.71, compared to a current price of ₹517.10 — trading 28.2% below its estimated fair value. The current Days Payable is 17.04, which is 14% below median its 10-year median of 19.76 and 78.1% below the Industrial Products industry median of 77.97. DHP India's overall GF Score™ is 73/100 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 DHP India (BOM:531306), the current Days Payable is 17.04 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 DHP India (BOM:531306) Overvalued in 2026?

Based on GuruFocus' analysis, DHP India stock appears to be undervalued. The current stock price of ₹517.10 is trading 28.2% below its estimated GF Value™ of ₹719.71. GuruFocus considers DHP India to be Modestly Undervalued.

Key valuation signals for BOM:531306:

  • Days Payable: 17.04 (14% below median its 10-year median of 19.76)
  • GF Value™: ₹719.71 vs. price of ₹517.10 (28.2% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 78.1% below the Industrial Products median (#2659 of 2991)

No single metric tells the full story. See the BOM:531306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DHP India Business Description

Address 42A, Park Street, 7B, Shreelekha, 7th Floor, Kolkata, WB, IND, 700 016
DHP India Ltd is an India-based company, which is engaged in the manufacturing of engineering goods, such as liquefied petroleum gas (LPG) regulators, accessories, and related brass items. The company's products include Propane Regulators, Butane Regulators, LPG Regulators, Hose Assemblies, and Brass Fittings. It sells its products in the domestic, as well as export markets.
73GF Score

Get the complete analysis for BOM:531306

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

₹517.10
Price
₹719.71
GF Value