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Gorani IndustriesBOM:531608 62 Days Payable is 65.33 as of Mar. 2026, which is 21% above its 10-year median of 53.79. GuruFocus rates BOM:531608 with a GF Score™ of 62/100 and a GF Value™ of ₹86.19 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Gorani Industries ranks better than 50.96% on this metric.
The historical rank and industry rank for Gorani Industries's Days Payable or its related term are showing as below:
BOM:531608'
s Days Payable Range Over the Past 10 Years
Min: 24.37 Med: 53.79 Max: 161.42
Current: 64.8
During the past 13 years, Gorani Industries's highest Days Payable was 161.42. The lowest was 24.37. And the median was 53.79.
BOM:531608's Days Payable is ranked better than 50.96% of 416
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745
vs BOM:531608: 64.80
Gorani Industries's Days Payable
declined
from Mar. 2025 (117.75) to Mar. 2026 (65.33).
It may suggest that Gorani Industriesaccelerated paying its suppliers.
Gorani Industries Days Payable Related Terms
Gorani Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Gorani Industries'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.
BOM:531608 vs SN, SGI, MHK: Days Payable Comparison
For the Furnishings, Fixtures & Appliances subindustry, Gorani Industries'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.
Gorani Industries Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gorani Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Gorani Industries'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.
Gorani Industries'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.
Gorani Industries (BOM:531608) has a Days Payable of 65.33 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 Gorani Industries and its competitors. This is 21% above median its historical median of 53.79. Over the past decade, Gorani Industries' Days Payable has ranged from 24.37 to 161.42. According to the industry distribution chart, Gorani Industries ranks #204 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 49%.
Is Gorani Industries' Days Payable too high?
Gorani Industries' current Days Payable of 65.33 is 21% above median its 10-year median of 53.79. Over the past 10 years, this metric has ranged from a low of 24.37 to a high of 161.42. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Gorani Industries' value of 65.33 is 2.5% above this industry median. Based on the distribution chart, Gorani Industries ranks #204 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Gorani Industries has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gorani Industries' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Gorani Industries ranks #204 out of 416 companies for Days Payable. This puts Gorani Industries in the upper half of its industry. The industry median Days Payable is 63.75. Gorani Industries' value of 65.33 is 2.5% above this benchmark. Historically, Gorani Industries' own Days Payable has ranged from 24.37 to 161.42 over the past decade. While the company's 10-year median is 53.79 vs. the industry median of 63.75, Gorani Industries 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 a Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Gorani Industries's current Days Payable of 65.33 is 2.5% 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 Gorani Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gorani Industries's current Days Payable is 65.33, which is 21% above median its own 10-year median of 53.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gorani Industries stock overvalued right now?
Based on GuruFocus' analysis, Gorani Industries (BOM:531608) is currently considered Possible Value Trap. The stock's GF Value™ is ₹86.19, compared to a current price of ₹45.16 — trading 47.6% below its estimated fair value. The current Days Payable is 65.33, which is 21% above median its 10-year median of 53.79 and 2.5% above the Furnishings, Fixtures & Appliances industry median of 63.75. Gorani Industries' overall GF Score™ is 62/100 with 8 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 Gorani Industries (BOM:531608), the current Days Payable is 65.33 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 Gorani Industries (BOM:531608) Overvalued in 2026?
Based on GuruFocus' analysis, Gorani Industries stock appears to be undervalued.
The current stock price of ₹45.16 is trading 47.6% below its estimated GF Value™ of ₹86.19.
GuruFocus considers Gorani Industries to be Possible Value Trap.
Key valuation signals for BOM:531608:
Days Payable: 65.33 (21% above median its 10-year median of 53.79)
GF Value™: ₹86.19 vs. price of ₹45.16 (47.6% below fair value)
Industry Position: 2.5% above the Furnishings, Fixtures & Appliances median (#204 of 416)
No single metric tells the full story. See the BOM:531608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gorani Industries Ltd specializes in manufacturing kitchen and domestic appliances, including kitchen chimneys, gas hobs, gas stoves, gas geysers, and water heaters. The company has a long-standing presence in the Indian market, beginning with the popular Nutan kerosene wick stove and expanding to modern, energy-efficient products. Based in Indore, it combines innovation, quality, and design to offer a broad range of appliances that prioritize safety and customer satisfaction. Gorani Industries serves customers prominently across Central, North, and South India, and many of its products carry Indian Standards Institute certifications. Revenue comes from domestic sales and exports of kitchen and home appliances.
62GF Score
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