Gokul Refoils & Solvent (BOM:532980) Days Payable: 12.54 (As of Mar. 2026) — 25% Above 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:532980 Gokul Refoils & Solvent Ltd BOM:532980
76 GF Score
Price ₹40.33
GF Value ₹55.30
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Gokul Refoils & Solvent Days Payable?

Gokul Refoils & Solvent BOM:532980 -1.22% 76 Days Payable is 12.54 as of Mar. 2026, which is 25% above its 10-year median of 10.07. GuruFocus rates BOM:532980 with a GF Score™ of 76/100 and a GF Value™ of ₹55.30 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,890 Consumer Packaged Goods companies, Gokul Refoils & Solvent ranks worse than 92.17% on this metric.

Gokul Refoils & Solvent's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,410 Mil. Gokul Refoils & Solvent's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹10,259 Mil. Hence, Gokul Refoils & Solvent's Days Payable for the three months ended in Mar. 2026 was 12.54.

The historical rank and industry rank for Gokul Refoils & Solvent's Days Payable or its related term are showing as below:

BOM:532980' s Days Payable Range Over the Past 10 Years
Min: 4.17   Med: 10.07   Max: 14.81
Current: 13.68

During the past 13 years, Gokul Refoils & Solvent's highest Days Payable was 14.81. The lowest was 4.17. And the median was 10.07.

BOM:532980's Days Payable is ranked worse than
92.17% of 1890 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs BOM:532980: 13.68

Gokul Refoils & Solvent's Days Payable increased from Mar. 2025 (10.13) to Mar. 2026 (12.54). It may suggest that Gokul Refoils & Solvent delayed paying its suppliers.


Gokul Refoils & Solvent Days Payable Historical Data

* Premium members only.

The historical data trend for Gokul Refoils & Solvent'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.

Gokul Refoils & Solvent Days Payable Chart

Gokul Refoils & Solvent 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 14.81 12.92 11.39 12.96 12.17

Gokul Refoils & Solvent 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 10.13 12.83 16.15 15.97 12.54

BOM:532980 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Gokul Refoils & Solvent'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.


Gokul Refoils & Solvent Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gokul Refoils & Solvent's Days Payable distribution charts can be found below:

* The bar in red indicates where Gokul Refoils & Solvent's Days Payable falls into.


BOM:532980
76GF Score
Gokul Refoils & Solvent Ltd BOM:532980
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gokul Refoils & Solvent 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.

Gokul Refoils & Solvent'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
=( (1246.232 + 1410.369) / 2 ) / 39847.206*365
=1328.3005 / 39847.206*365
=12.17

Gokul Refoils & Solvent'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 + 1410.369) / 1 ) / 10259.296*365 / 4
=1410.369 / 10259.296*365 / 4
=12.54

* 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 12.54 mean?
Gokul Refoils & Solvent (BOM:532980) has a Days Payable of 12.54 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 Gokul Refoils & Solvent and its competitors. This is 25% above median its historical median of 10.07. Over the past decade, Gokul Refoils & Solvent's Days Payable has ranged from 4.17 to 14.81. According to the industry distribution chart, Gokul Refoils & Solvent ranks #1742 out of 1890 companies in the Consumer Packaged Goods industry, placing it in the top 92.2%.
Is Gokul Refoils & Solvent's Days Payable too high?
Gokul Refoils & Solvent's current Days Payable of 12.54 is 25% above median its 10-year median of 10.07. Over the past 10 years, this metric has ranged from a low of 4.17 to a high of 14.81. The Consumer Packaged Goods industry median Days Payable is 44.15. Gokul Refoils & Solvent's value of 12.54 is 71.6% below this industry median. Based on the distribution chart, Gokul Refoils & Solvent ranks #1742 out of 1890 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Gokul Refoils & Solvent has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gokul Refoils & Solvent's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Gokul Refoils & Solvent ranks #1742 out of 1890 companies for Days Payable. This places Gokul Refoils & Solvent in the lower half of its industry. The industry median Days Payable is 44.15. Gokul Refoils & Solvent's value of 12.54 is 71.6% below this benchmark. Historically, Gokul Refoils & Solvent's own Days Payable has ranged from 4.17 to 14.81 over the past decade. While the company's 10-year median is 10.07 vs. the industry median of 44.15, Gokul Refoils & Solvent 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,890 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. Gokul Refoils & Solvent's current Days Payable of 12.54 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 Gokul Refoils & Solvent and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gokul Refoils & Solvent's current Days Payable is 12.54, which is 25% above median its own 10-year median of 10.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gokul Refoils & Solvent stock overvalued right now?
Based on GuruFocus' analysis, Gokul Refoils & Solvent (BOM:532980) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹55.30, compared to a current price of ₹40.33 — trading 27.1% below its estimated fair value. The current Days Payable is 12.54, which is 25% above median its 10-year median of 10.07 and 71.6% below the Consumer Packaged Goods industry median of 44.15. Gokul Refoils & Solvent's overall GF Score™ is 76/100 with 4 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 Gokul Refoils & Solvent (BOM:532980), the current Days Payable is 12.54 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 Gokul Refoils & Solvent (BOM:532980) Overvalued in 2026?

Based on GuruFocus' analysis, Gokul Refoils & Solvent stock appears to be undervalued. The current stock price of ₹40.33 is trading 27.1% below its estimated GF Value™ of ₹55.30. GuruFocus considers Gokul Refoils & Solvent to be Modestly Undervalued.

Key valuation signals for BOM:532980:

  • Days Payable: 12.54 (25% above median its 10-year median of 10.07)
  • GF Value™: ₹55.30 vs. price of ₹40.33 (27.1% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 71.6% below the Consumer Packaged Goods median (#1742 of 1890)

No single metric tells the full story. See the BOM:532980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gokul Refoils & Solvent Business Description

Other Exchanges GOKUL:India
Address Near Tapovan Circle, Gandhinagar Highway, Office No. 501, Fifth Floor, Block A, Gokul Pratham, Ahmedabad, GJ, IND, 382424
Gokul Refoils & Solvent Ltd is an India-based company engaged in agro-based commodities. It is engaged in the business of seed processing, solvent extraction, and refining of edible oils such as soya bean oil, cottonseed oil, palm oil (palm olein), sunflower oil, mustard oil, groundnut oil, vanaspati, and industrial oil such as castor oil. The company has one operating segment, which is dealing in edible-non-edible oils and related activities.
76GF Score

Get the complete analysis for BOM:532980

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

₹40.33
Price
₹55.30
GF Value