Niraj Cement Structurals (BOM:532986) Days Payable: 16.72 (As of Mar. 2026) — 48% Below Median


BOM:532986 Niraj Cement Structurals Ltd BOM:532986
74 GF Score
Price ₹29.69
GF Value ₹32.50
Valuation Fairly Valued
! 5 Warning Signs
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What is Niraj Cement Structurals Days Payable?

Niraj Cement Structurals BOM:532986 +0.64% 74 Days Payable is 16.72 as of Mar. 2026, which is 48% below its 10-year median of 32.09. GuruFocus rates BOM:532986 with a GF Score™ of 74/100 and a GF Value™ of ₹32.50 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,713 Construction companies, Niraj Cement Structurals ranks worse than 92.82% on this metric.

Niraj Cement Structurals's average Accounts Payable for the three months ended in Mar. 2026 was ₹233 Mil. Niraj Cement Structurals's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,274 Mil. Hence, Niraj Cement Structurals's Days Payable for the three months ended in Mar. 2026 was 16.72.

The historical rank and industry rank for Niraj Cement Structurals's Days Payable or its related term are showing as below:

BOM:532986' s Days Payable Range Over the Past 10 Years
Min: 20.11   Med: 32.09   Max: 88.9
Current: 23.42

During the past 13 years, Niraj Cement Structurals's highest Days Payable was 88.90. The lowest was 20.11. And the median was 32.09.

BOM:532986's Days Payable is ranked worse than
92.82% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs BOM:532986: 23.42

Niraj Cement Structurals's Days Payable declined from Mar. 2025 (21.23) to Mar. 2026 (16.72). It may suggest that Niraj Cement Structurals accelerated paying its suppliers.


Niraj Cement Structurals Days Payable Historical Data

* Premium members only.

The historical data trend for Niraj Cement Structurals'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.

Niraj Cement Structurals Days Payable Chart

Niraj Cement Structurals 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 20.11 21.41 23.88 21.05 21.23

Niraj Cement Structurals 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 21.23 35.51 22.18 27.23 16.72

BOM:532986 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Niraj Cement Structurals'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.


Niraj Cement Structurals Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Niraj Cement Structurals's Days Payable distribution charts can be found below:

* The bar in red indicates where Niraj Cement Structurals's Days Payable falls into.


BOM:532986
74GF Score
Niraj Cement Structurals Ltd BOM:532986
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Niraj Cement Structurals 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.

Niraj Cement Structurals'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
=( (358.056 + 233.356) / 2 ) / 5083.93*365
=295.706 / 5083.93*365
=21.23

Niraj Cement Structurals'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 + 233.356) / 1 ) / 1273.882*365 / 4
=233.356 / 1273.882*365 / 4
=16.72

* 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 16.72 mean?
Niraj Cement Structurals (BOM:532986) has a Days Payable of 16.72 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 Niraj Cement Structurals and its competitors. This is 48% below median its historical median of 32.09. Over the past decade, Niraj Cement Structurals' Days Payable has ranged from 20.11 to 88.90. According to the industry distribution chart, Niraj Cement Structurals ranks #1590 out of 1713 companies in the Construction industry, placing it in the top 92.8%.
Is Niraj Cement Structurals' Days Payable too high?
Niraj Cement Structurals' current Days Payable of 16.72 is 48% below median its 10-year median of 32.09. Over the past 10 years, this metric has ranged from a low of 20.11 to a high of 88.90. The Construction industry median Days Payable is 76.49. Niraj Cement Structurals' value of 16.72 is 78.1% below this industry median. Based on the distribution chart, Niraj Cement Structurals ranks #1590 out of 1713 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Niraj Cement Structurals has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Niraj Cement Structurals' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Niraj Cement Structurals ranks #1590 out of 1713 companies for Days Payable. This places Niraj Cement Structurals in the lower half of its industry. The industry median Days Payable is 76.49. Niraj Cement Structurals' value of 16.72 is 78.1% below this benchmark. Historically, Niraj Cement Structurals' own Days Payable has ranged from 20.11 to 88.90 over the past decade. While the company's 10-year median is 32.09 vs. the industry median of 76.49, Niraj Cement Structurals 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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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. Niraj Cement Structurals's current Days Payable of 16.72 is 78.1% 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 Niraj Cement Structurals and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niraj Cement Structurals's current Days Payable is 16.72, which is 48% below median its own 10-year median of 32.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niraj Cement Structurals stock overvalued right now?
Based on GuruFocus' analysis, Niraj Cement Structurals (BOM:532986) is currently considered Fairly Valued. The stock's GF Value™ is ₹32.50, compared to a current price of ₹29.69 — trading 8.6% below its estimated fair value. The current Days Payable is 16.72, which is 48% below median its 10-year median of 32.09 and 78.1% below the Construction industry median of 76.49. Niraj Cement Structurals' overall GF Score™ is 74/100 with 5 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 Niraj Cement Structurals (BOM:532986), the current Days Payable is 16.72 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 Niraj Cement Structurals (BOM:532986) Overvalued in 2026?

Based on GuruFocus' analysis, Niraj Cement Structurals stock appears to be undervalued. The current stock price of ₹29.69 is trading 8.6% below its estimated GF Value™ of ₹32.50. GuruFocus considers Niraj Cement Structurals to be Fairly Valued.

Key valuation signals for BOM:532986:

  • Days Payable: 16.72 (48% below median its 10-year median of 32.09)
  • GF Value™: ₹32.50 vs. price of ₹29.69 (8.6% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 78.1% below the Construction median (#1590 of 1713)

No single metric tells the full story. See the BOM:532986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niraj Cement Structurals Business Description

Other Exchanges NIRAJ:India
Address D G patil Road, Pepsi Company, off. Sion Trombay Road, Unit No 820 to 825, The Epicentre, Commercial Building, Dukes Horizon, Near R K Studio, Mumbai, MH, IND, 400088
Niraj Cement Structurals Ltd is an India-based company. It is engaged in the business of civil construction and infrastructure, which is engaged in the construction of highways, expressways, turnkey projects roads, bridges, tunnels, etc.
74GF Score

Get the complete analysis for BOM:532986

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

₹29.69
Price
₹32.50
GF Value