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.
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.
Scan ProjectsBOM:531797 +2.75%77 Days Payable is 22.17 as of Dec. 2025, which is 83% below its 10-year median of 128.10. GuruFocus rates BOM:531797 with a GF Score™ of 77/100 and a GF Value™ of ₹101.25 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,991 Industrial Products companies, Scan Projects ranks worse than 88.83% on this metric.
The historical rank and industry rank for Scan Projects's Days Payable or its related term are showing as below:
BOM:531797'
s Days Payable Range Over the Past 10 Years
Min: 27.98 Med: 128.1 Max: 320.17
Current: 27.98
During the past 11 years, Scan Projects's highest Days Payable was 320.17. The lowest was 27.98. And the median was 128.10.
BOM:531797's Days Payable is ranked worse than 88.83% of 2991
companies
in the Industrial Products industry
Industry Median: 78.05
vs BOM:531797: 27.98
Scan Projects's Days Payable
increased
from Dec. 2024 (0.00) to Dec. 2025 (22.17).
It may suggest that Scan Projectsdelayed paying its suppliers.
Scan Projects Days Payable Related Terms
Scan Projects Days Payable Historical Data
* Premium members only.
The historical data trend for Scan 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.
BOM:531797 vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Scan 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.
Scan Projects Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Scan Projects's Days Payable distribution charts can be found below:
* The bar in red indicates where Scan Projects'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.
Scan Projects's Days Payable for the fiscal year that ended in Mar. 2025 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.
Scan Projects (BOM:531797) has a Days Payable of 22.17 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Scan Projects and its competitors. This is 83% below median its historical median of 128.10. Over the past decade, Scan Projects' Days Payable has ranged from 27.98 to 320.17. According to the industry distribution chart, Scan Projects ranks #2657 out of 2991 companies in the Industrial Products industry, placing it in the top 88.8%.
Is Scan Projects' Days Payable too high?
Scan Projects' current Days Payable of 22.17 is 83% below median its 10-year median of 128.10. Over the past 10 years, this metric has ranged from a low of 27.98 to a high of 320.17. The Industrial Products industry median Days Payable is 78.05. Scan Projects' value of 22.17 is 71.6% below this industry median. Based on the distribution chart, Scan Projects ranks #2657 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Scan Projects has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scan Projects' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Scan Projects ranks #2657 out of 2991 companies for Days Payable. This places Scan Projects in the lower half of its industry. The industry median Days Payable is 78.05. Scan Projects' value of 22.17 is 71.6% below this benchmark. Historically, Scan Projects' own Days Payable has ranged from 27.98 to 320.17 over the past decade. While the company's 10-year median is 128.10 vs. the industry median of 78.05, Scan 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, 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. Scan Projects's current Days Payable of 22.17 is 71.6% 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 Scan Projects and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scan Projects's current Days Payable is 22.17, which is 83% below median its own 10-year median of 128.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scan Projects stock overvalued right now?
Based on GuruFocus' analysis, Scan Projects (BOM:531797) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹101.25, compared to a current price of ₹115.95 — trading 14.5% above its estimated fair value. The current Days Payable is 22.17, which is 83% below median its 10-year median of 128.10 and 71.6% below the Industrial Products industry median of 78.05. Scan Projects' overall GF Score™ is 77/100 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 Scan Projects (BOM:531797), the current Days Payable is 22.17 as of Dec. 2025. 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 Scan Projects (BOM:531797) Overvalued in 2026?
Based on GuruFocus' analysis, Scan Projects stock appears to be overvalued.
The current stock price of ₹115.95 is trading 14.5% above its estimated GF Value™ of ₹101.25.
GuruFocus considers Scan Projects to be Modestly Overvalued.
Key valuation signals for BOM:531797:
Days Payable: 22.17 (83% below median its 10-year median of 128.10)
GF Value™: ₹101.25 vs. price of ₹115.95 (14.5% above fair value)
Industry Position: 71.6% below the Industrial Products median (#2657 of 2991)
No single metric tells the full story. See the BOM:531797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scan Projects Ltd is engaged in providing engineering services for erection, commissioning and supervision of custom designed and engineered critical equipment and systems to the core sector industries like cement, fertilizers and renewal power energy etc. and Trading of fabricating material, machinery parts and other items.
77GF Score
Get the complete analysis for BOM:531797
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:531797 has been successfully added to your 
