Devine Impex (BOM:531585) Days Payable: 1.05 (As of Mar. 2026) — 50% Below Median

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BOM:531585 Devine Impex Ltd BOM:531585
60 GF Score
Price ₹9.00
GF Value ₹7.07
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Devine Impex Days Payable?

Devine Impex BOM:531585 60 Days Payable is 1.05 as of Mar. 2026, which is 50% below its 10-year median of 2.10. GuruFocus rates BOM:531585 with a GF Score™ of 60/100 and a GF Value™ of ₹7.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,106 Retail - Cyclical companies, Devine Impex ranks worse than 92.22% on this metric.

Devine Impex's average Accounts Payable for the three months ended in Mar. 2026 was ₹0.10 Mil. Devine Impex's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹8.26 Mil. Hence, Devine Impex's Days Payable for the three months ended in Mar. 2026 was 1.05.

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

BOM:531585' s Days Payable Range Over the Past 10 Years
Min: 0.09   Med: 2.1   Max: 10.55
Current: 8.52

During the past 13 years, Devine Impex's highest Days Payable was 10.55. The lowest was 0.09. And the median was 2.10.

BOM:531585's Days Payable is ranked worse than
92.22% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 51.215 vs BOM:531585: 8.52

Devine Impex's Days Payable declined from Mar. 2025 (3.36) to Mar. 2026 (1.05). It may suggest that Devine Impex accelerated paying its suppliers.


Devine Impex Days Payable Historical Data

* Premium members only.

The historical data trend for Devine Impex'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.

Devine Impex Days Payable Chart

Devine Impex 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 3.76 4.15 0.44 6.64 5.15

Devine Impex 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 3.36 31.27 19.44 20.18 1.05

BOM:531585 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Devine Impex'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.


Devine Impex Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Devine Impex's Days Payable distribution charts can be found below:

* The bar in red indicates where Devine Impex's Days Payable falls into.


BOM:531585
60GF Score
Devine Impex Ltd BOM:531585
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Devine Impex 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.

Devine Impex'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
=( (0.328 + 0.095) / 2 ) / 14.988*365
=0.2115 / 14.988*365
=5.15

Devine Impex'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 + 0.095) / 1 ) / 8.262*365 / 4
=0.095 / 8.262*365 / 4
=1.05

* 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 1.05 mean?
Devine Impex (BOM:531585) has a Days Payable of 1.05 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 Devine Impex and its competitors. This is 50% below median its historical median of 2.10. Over the past decade, Devine Impex's Days Payable has ranged from 0.09 to 10.55. According to the industry distribution chart, Devine Impex ranks #1020 out of 1106 companies in the Retail - Cyclical industry, placing it in the top 92.2%.
Is Devine Impex's Days Payable too high?
Devine Impex's current Days Payable of 1.05 is 50% below median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 10.55. The Retail - Cyclical industry median Days Payable is 51.22. Devine Impex's value of 1.05 is 97.9% below this industry median. Based on the distribution chart, Devine Impex ranks #1020 out of 1106 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Devine Impex has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Devine Impex's Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Devine Impex ranks #1020 out of 1106 companies for Days Payable. This places Devine Impex in the lower half of its industry. The industry median Days Payable is 51.22. Devine Impex's value of 1.05 is 97.9% below this benchmark. Historically, Devine Impex's own Days Payable has ranged from 0.09 to 10.55 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 51.22, Devine Impex 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.22, based on 1,106 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. Devine Impex's current Days Payable of 1.05 is 97.9% 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 Devine Impex and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devine Impex's current Days Payable is 1.05, which is 50% below median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devine Impex stock overvalued right now?
Based on GuruFocus' analysis, Devine Impex (BOM:531585) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹7.07, compared to a current price of ₹9.00 — trading 27.3% above its estimated fair value. The current Days Payable is 1.05, which is 50% below median its 10-year median of 2.10 and 97.9% below the Retail - Cyclical industry median of 51.22. Devine Impex's overall GF Score™ is 60/100 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 Devine Impex (BOM:531585), the current Days Payable is 1.05 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 Devine Impex (BOM:531585) Overvalued in 2026?

Based on GuruFocus' analysis, Devine Impex stock appears to be overvalued. The current stock price of ₹9.00 is trading 27.3% above its estimated GF Value™ of ₹7.07. GuruFocus considers Devine Impex to be Modestly Overvalued.

Key valuation signals for BOM:531585:

  • Days Payable: 1.05 (50% below median its 10-year median of 2.10)
  • GF Value™: ₹7.07 vs. price of ₹9.00 (27.3% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 97.9% below the Retail - Cyclical median (#1020 of 1106)

No single metric tells the full story. See the BOM:531585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Devine Impex Business Description

Address Industrial Focal Point, The Groove, C-157, 1st Floor, Phase VII, Mohali, PB, IND, 160059
Devine Impex Ltd is engaged in the business of trading bullion, jewelry, and ornaments.
60GF Score

Get the complete analysis for BOM:531585

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

₹9.00
Price
₹7.07
GF Value