Maan Aluminium (BOM:532906) Days Payable: 8.53 (As of Mar. 2026) — 20% Below Median

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BOM:532906 Maan Aluminium Ltd BOM:532906
73 GF Score
Price ₹118.30
GF Value ₹110.36
Valuation Fairly Valued
! 7 Warning Signs
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What is Maan Aluminium Days Payable?

Maan Aluminium BOM:532906 -0.38% 73 Days Payable is 8.53 as of Mar. 2026, which is 20% below its 10-year median of 10.62. GuruFocus rates BOM:532906 with a GF Score™ of 73/100 and a GF Value™ of ₹110.36 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,066 Metals & Mining companies, Maan Aluminium ranks worse than 96.9% on this metric.

Maan Aluminium's average Accounts Payable for the three months ended in Mar. 2026 was ₹218 Mil. Maan Aluminium's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,336 Mil. Hence, Maan Aluminium's Days Payable for the three months ended in Mar. 2026 was 8.53.

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

BOM:532906' s Days Payable Range Over the Past 10 Years
Min: 2.83   Med: 10.62   Max: 15.19
Current: 10.43

During the past 13 years, Maan Aluminium's highest Days Payable was 15.19. The lowest was 2.83. And the median was 10.62.

BOM:532906's Days Payable is ranked worse than
96.9% of 1066 companies
in the Metals & Mining industry
Industry Median: 126.885 vs BOM:532906: 10.43

Maan Aluminium's Days Payable increased from Mar. 2025 (8.17) to Mar. 2026 (8.53). It may suggest that Maan Aluminium delayed paying its suppliers.


Maan Aluminium Days Payable Historical Data

* Premium members only.

The historical data trend for Maan Aluminium'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.

Maan Aluminium Days Payable Chart

Maan Aluminium 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 9.25 11.56 11.00 10.52 10.72

Maan Aluminium 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 8.17 9.58 10.88 13.84 8.53

BOM:532906 vs AA: Days Payable Comparison

For the Aluminum subindustry, Maan Aluminium'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.


Maan Aluminium Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maan Aluminium's Days Payable distribution charts can be found below:

* The bar in red indicates where Maan Aluminium's Days Payable falls into.


BOM:532906
73GF Score
Maan Aluminium Ltd BOM:532906
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maan Aluminium 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.

Maan Aluminium'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
=( (198.509 + 218.2) / 2 ) / 7096.8*365
=208.3545 / 7096.8*365
=10.72

Maan Aluminium'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 + 218.2) / 1 ) / 2335.5*365 / 4
=218.2 / 2335.5*365 / 4
=8.53

* 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 8.53 mean?
Maan Aluminium (BOM:532906) has a Days Payable of 8.53 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 Maan Aluminium and its competitors. This is 20% below median its historical median of 10.62. Over the past decade, Maan Aluminium's Days Payable has ranged from 2.83 to 15.19. According to the industry distribution chart, Maan Aluminium ranks #1033 out of 1066 companies in the Metals & Mining industry, placing it in the top 96.9%.
Is Maan Aluminium's Days Payable too high?
Maan Aluminium's current Days Payable of 8.53 is 20% below median its 10-year median of 10.62. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 15.19. The Metals & Mining industry median Days Payable is 126.89. Maan Aluminium's value of 8.53 is 93.3% below this industry median. Based on the distribution chart, Maan Aluminium ranks #1033 out of 1066 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Maan Aluminium has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maan Aluminium's Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, Maan Aluminium ranks #1033 out of 1066 companies for Days Payable. This places Maan Aluminium in the lower half of its industry. The industry median Days Payable is 126.89. Maan Aluminium's value of 8.53 is 93.3% below this benchmark. Historically, Maan Aluminium's own Days Payable has ranged from 2.83 to 15.19 over the past decade. While the company's 10-year median is 10.62 vs. the industry median of 126.89, Maan Aluminium 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,066 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. Maan Aluminium's current Days Payable of 8.53 is 93.3% 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 Maan Aluminium and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maan Aluminium's current Days Payable is 8.53, which is 20% below median its own 10-year median of 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maan Aluminium stock overvalued right now?
Based on GuruFocus' analysis, Maan Aluminium (BOM:532906) is currently considered Fairly Valued. The stock's GF Value™ is ₹110.36, compared to a current price of ₹118.30 — trading 7.2% above its estimated fair value. The current Days Payable is 8.53, which is 20% below median its 10-year median of 10.62 and 93.3% below the Metals & Mining industry median of 126.89. Maan Aluminium's overall GF Score™ is 73/100 with 7 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 Maan Aluminium (BOM:532906), the current Days Payable is 8.53 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 Maan Aluminium (BOM:532906) Overvalued in 2026?

Based on GuruFocus' analysis, Maan Aluminium stock appears to be overvalued. The current stock price of ₹118.30 is trading 7.2% above its estimated GF Value™ of ₹110.36. GuruFocus considers Maan Aluminium to be Fairly Valued.

Key valuation signals for BOM:532906:

  • Days Payable: 8.53 (20% below median its 10-year median of 10.62)
  • GF Value™: ₹110.36 vs. price of ₹118.30 (7.2% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 93.3% below the Metals & Mining median (#1033 of 1066)

No single metric tells the full story. See the BOM:532906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maan Aluminium Business Description

Other Exchanges MAANALU:India
Address Asaf Ali Road, 4/5, 1st Floor, New Delhi, IND, 110002
Maan Aluminium Ltd manufactures and supplies aluminum-extruded products in India. The company is engaged in the manufacturing of aluminium profiles, anodizing & fabrication of profiles, aluminium ingots, aluminium billets etc. and other related activities.
73GF Score

Get the complete analysis for BOM:532906

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

₹118.30
Price
₹110.36
GF Value