Coromandel Engineering Co (BOM:533167) Days Payable: 205.20 (As of Mar. 2026) — 82% Above Median

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BOM:533167 Coromandel Engineering Co Ltd BOM:533167
34 GF Score
Price ₹49.69
GF Value ₹29.95
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Coromandel Engineering Co Days Payable?

Coromandel Engineering Co BOM:533167 -2.76% 34 Days Payable is 205.20 as of Mar. 2026, which is 82% above its 10-year median of 112.87. GuruFocus rates BOM:533167 with a GF Score™ of 34/100 and a GF Value™ of ₹29.95 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,714 Construction companies, Coromandel Engineering Co ranks better than 88.8% on this metric.

Coromandel Engineering Co's average Accounts Payable for the three months ended in Mar. 2026 was ₹278.5 Mil. Coromandel Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹123.8 Mil. Hence, Coromandel Engineering Co's Days Payable for the three months ended in Mar. 2026 was 205.20.

The historical rank and industry rank for Coromandel Engineering Co's Days Payable or its related term are showing as below:

BOM:533167' s Days Payable Range Over the Past 10 Years
Min: 43.07   Med: 112.87   Max: 755.26
Current: 304.16

During the past 13 years, Coromandel Engineering Co's highest Days Payable was 755.26. The lowest was 43.07. And the median was 112.87.

BOM:533167's Days Payable is ranked better than
88.8% of 1714 companies
in the Construction industry
Industry Median: 76.41 vs BOM:533167: 304.16

Coromandel Engineering Co's Days Payable declined from Mar. 2025 (11,932.71) to Mar. 2026 (205.20). It may suggest that Coromandel Engineering Co accelerated paying its suppliers.


Coromandel Engineering Co Days Payable Historical Data

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The historical data trend for Coromandel Engineering Co'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.

Coromandel Engineering Co Days Payable Chart

Coromandel Engineering Co 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 55.23 66.18 124.79 755.26 316.25

Coromandel Engineering Co 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 11,932.71 416.51 221.91 686.86 205.20

BOM:533167 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Coromandel Engineering Co'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.


Coromandel Engineering Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Coromandel Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Coromandel Engineering Co's Days Payable falls into.


BOM:533167
34GF Score
Coromandel Engineering Co Ltd BOM:533167
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Coromandel Engineering Co 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.

Coromandel Engineering Co'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
=( (284.764 + 278.505) / 2 ) / 325.044*365
=281.6345 / 325.044*365
=316.25

Coromandel Engineering Co'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 + 278.505) / 1 ) / 123.847*365 / 4
=278.505 / 123.847*365 / 4
=205.20

* 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 205.20 mean?
Coromandel Engineering Co (BOM:533167) has a Days Payable of 205.20 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 Coromandel Engineering Co and its competitors. This is 82% above median its historical median of 112.87. Over the past decade, Coromandel Engineering Co's Days Payable has ranged from 43.07 to 755.26. According to the industry distribution chart, Coromandel Engineering Co ranks #192 out of 1714 companies in the Construction industry, placing it in the top 11.2%.
Is Coromandel Engineering Co's Days Payable too high?
Coromandel Engineering Co's current Days Payable of 205.20 is 82% above median its 10-year median of 112.87. Over the past 10 years, this metric has ranged from a low of 43.07 to a high of 755.26. The Construction industry median Days Payable is 76.41. Coromandel Engineering Co's value of 205.20 is 168.6% above this industry median. Based on the distribution chart, Coromandel Engineering Co ranks #192 out of 1714 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Coromandel Engineering Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coromandel Engineering Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Coromandel Engineering Co ranks #192 out of 1714 companies for Days Payable. This places Coromandel Engineering Co in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.41. Coromandel Engineering Co's value of 205.20 is 168.6% above this benchmark. Historically, Coromandel Engineering Co's own Days Payable has ranged from 43.07 to 755.26 over the past decade. While the company's 10-year median is 112.87 vs. the industry median of 76.41, Coromandel Engineering Co 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 a Construction company?
The median Days Payable among Construction companies is 76.41, based on 1,714 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. Coromandel Engineering Co's current Days Payable of 205.20 is 168.6% 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 Coromandel Engineering Co and its competitors. For the Construction industry, the median Days Payable is 76.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coromandel Engineering Co's current Days Payable is 205.20, which is 82% above median its own 10-year median of 112.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coromandel Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Coromandel Engineering Co (BOM:533167) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹29.95, compared to a current price of ₹49.69 — trading 65.9% above its estimated fair value. The current Days Payable is 205.20, which is 82% above median its 10-year median of 112.87 and 168.6% above the Construction industry median of 76.41. Coromandel Engineering Co's overall GF Score™ is 34/100 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 Coromandel Engineering Co (BOM:533167), the current Days Payable is 205.20 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 Coromandel Engineering Co (BOM:533167) Overvalued in 2026?

Based on GuruFocus' analysis, Coromandel Engineering Co stock appears to be overvalued. The current stock price of ₹49.69 is trading 65.9% above its estimated GF Value™ of ₹29.95. GuruFocus considers Coromandel Engineering Co to be Significantly Overvalued.

Key valuation signals for BOM:533167:

  • Days Payable: 205.20 (82% above median its 10-year median of 112.87)
  • GF Value™: ₹29.95 vs. price of ₹49.69 (65.9% above fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 168.6% above the Construction median (#192 of 1714)

No single metric tells the full story. See the BOM:533167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coromandel Engineering Co Business Description

Address No 10/2, Old No.56L, Venkatanarayana Road, Bascon Futura, T.Nagar, Chennai, TN, IND, 600017
Coromandel Engineering Co Ltd is an India-based construction and property development company. It is involved in the construction of industrial, commercial, and residential properties. The firm generates the majority of revenue from the proceeds of contracts, followed by Property development.
34GF Score

Get the complete analysis for BOM:533167

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

₹49.69
Price
₹29.95
GF Value