LGB Forge (BOM:533007) Days Payable: 87.82 (As of Mar. 2026) — 36% Below 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:533007 LGB Forge Ltd BOM:533007
50 GF Score
Price ₹5.55
GF Value ₹11.97
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is LGB Forge Days Payable?

LGB Forge BOM:533007 50 Days Payable is 87.82 as of Mar. 2026, which is 36% below its 10-year median of 136.82. GuruFocus rates BOM:533007 with a GF Score™ of 50/100 and a GF Value™ of ₹11.97 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, LGB Forge ranks better than 59.45% on this metric.

LGB Forge's average Accounts Payable for the three months ended in Mar. 2026 was ₹107 Mil. LGB Forge's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹111 Mil. Hence, LGB Forge's Days Payable for the three months ended in Mar. 2026 was 87.82.

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

BOM:533007' s Days Payable Range Over the Past 10 Years
Min: 69.95   Med: 136.82   Max: 186.69
Current: 97.81

During the past 13 years, LGB Forge's highest Days Payable was 186.69. The lowest was 69.95. And the median was 136.82.

BOM:533007's Days Payable is ranked better than
59.45% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs BOM:533007: 97.81

LGB Forge's Days Payable increased from Mar. 2025 (87.54) to Mar. 2026 (87.82). It may suggest that LGB Forge delayed paying its suppliers.


LGB Forge Days Payable Historical Data

* Premium members only.

The historical data trend for LGB Forge'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.

LGB Forge Days Payable Chart

LGB Forge 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 138.32 168.41 163.17 112.68 69.95

LGB Forge 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 87.54 69.54 130.21 141.15 87.82

BOM:533007 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, LGB Forge'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.


LGB Forge Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, LGB Forge's Days Payable distribution charts can be found below:

* The bar in red indicates where LGB Forge's Days Payable falls into.


BOM:533007
50GF Score
LGB Forge Ltd BOM:533007
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LGB Forge 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.

LGB Forge'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
=( (92.323 + 106.85) / 2 ) / 519.672*365
=99.5865 / 519.672*365
=69.95

LGB Forge'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 + 106.85) / 1 ) / 111.018*365 / 4
=106.85 / 111.018*365 / 4
=87.82

* 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 87.82 mean?
LGB Forge (BOM:533007) has a Days Payable of 87.82 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 LGB Forge and its competitors. This is 36% below median its historical median of 136.82. Over the past decade, LGB Forge's Days Payable has ranged from 69.95 to 186.69. According to the industry distribution chart, LGB Forge ranks #1214 out of 2994 companies in the Industrial Products industry, placing it in the top 40.5%.
Is LGB Forge's Days Payable too high?
LGB Forge's current Days Payable of 87.82 is 36% below median its 10-year median of 136.82. Over the past 10 years, this metric has ranged from a low of 69.95 to a high of 186.69. The Industrial Products industry median Days Payable is 78.07. LGB Forge's value of 87.82 is 12.5% above this industry median. Based on the distribution chart, LGB Forge ranks #1214 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, LGB Forge has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LGB Forge's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, LGB Forge ranks #1214 out of 2994 companies for Days Payable. This puts LGB Forge in the upper half of its industry. The industry median Days Payable is 78.07. LGB Forge's value of 87.82 is 12.5% above this benchmark. Historically, LGB Forge's own Days Payable has ranged from 69.95 to 186.69 over the past decade. While the company's 10-year median is 136.82 vs. the industry median of 78.07, LGB Forge 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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. LGB Forge's current Days Payable of 87.82 is 12.5% 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 LGB Forge and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LGB Forge's current Days Payable is 87.82, which is 36% below median its own 10-year median of 136.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LGB Forge stock overvalued right now?
Based on GuruFocus' analysis, LGB Forge (BOM:533007) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹11.97, compared to a current price of ₹5.55 — trading 53.6% below its estimated fair value. The current Days Payable is 87.82, which is 36% below median its 10-year median of 136.82 and 12.5% above the Industrial Products industry median of 78.07. LGB Forge's overall GF Score™ is 50/100 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 LGB Forge (BOM:533007), the current Days Payable is 87.82 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 LGB Forge (BOM:533007) Overvalued in 2026?

Based on GuruFocus' analysis, LGB Forge stock appears to be undervalued. The current stock price of ₹5.55 is trading 53.6% below its estimated GF Value™ of ₹11.97. GuruFocus considers LGB Forge to be Significantly Undervalued.

Key valuation signals for BOM:533007:

  • Days Payable: 87.82 (36% below median its 10-year median of 136.82)
  • GF Value™: ₹11.97 vs. price of ₹5.55 (53.6% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 12.5% above the Industrial Products median (#1214 of 2994)

No single metric tells the full story. See the BOM:533007 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LGB Forge Business Description

Address 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore, TN, IND, 641006
LGB Forge Ltd is engaged in the manufacturing of cold and hot forged components, and machined components. It is engaged in manufacturing auto, electrical and transmission forged components for automobiles, and non-automotive segments, such as the valve industry and infrastructure equipment industry. The firm's product categories include hot forging, hot and warm forging, and cold forging. The hot forging products include valve bonnets, rocker arms, and bucket tooths. The hot and warm forging products include bell, body starter clutch, tulip, and claw. The cold forging products include ball pins, ball rods, boss rotors, fuel pump components, and others. The Company operates in only one segment viz., Forging and Machining. Geographically, the company derives its key revenue from India.
50GF Score

Get the complete analysis for BOM:533007

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

₹5.55
Price
₹11.97
GF Value