Technofab Engineering (BOM:533216) Days Payable: 1,716.64 (As of Mar. 2025)

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What is Technofab Engineering Days Payable?

Technofab Engineering BOM:533216 Days Payable is 1,716.64 as of Mar. 2025.

Technofab Engineering's average Accounts Payable for the three months ended in Mar. 2025 was ₹885.5 Mil. Technofab Engineering's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹47.1 Mil. Hence, Technofab Engineering's Days Payable for the three months ended in Mar. 2025 was 1,716.64.

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

BOM:533216's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.595
* Ranked among companies with meaningful Days Payable only.

Technofab Engineering's Days Payable increased from Mar. 2024 (829.65) to Mar. 2025 (1,716.64). It may suggest that Technofab Engineering delayed paying its suppliers.

Technofab Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Technofab Engineering'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.

Technofab Engineering Days Payable Chart

Technofab Engineering Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 950.00 265.84 287.05 569.73 1,413.91

Technofab Engineering Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 829.65 885.90 1,572.19 2,093.40 1,716.64

BOM:533216 vs JCI, J: Days Payable Comparison

For the Engineering & Construction subindustry, Technofab Engineering'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.

Technofab Engineering Days Payable vs Construction Industry

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

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


Technofab Engineering 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.

Technofab Engineering's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (831.168 + 885.505) / 2 ) / 221.579*365
=858.3365 / 221.579*365
=1,413.91

Technofab Engineering's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (0 + 885.505) / 1 ) / 47.07*365 / 4
=885.505 / 47.07*365 / 4
=1,716.64

* 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 1,716.64 mean?
Technofab Engineering (BOM:533216) has a Days Payable of 1,716.64 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Technofab Engineering and its competitors.
Is Technofab Engineering's Days Payable too high?
Technofab Engineering's current Days Payable is 1,716.64. The Construction industry median Days Payable is 76.60. Technofab Engineering's value of 1,716.64 is 2141.2% above this industry median.
How does Technofab Engineering's Days Payable compare to JCI and J?
Technofab Engineering's Days Payable of 1,716.64 can be compared against companies in the Construction industry. The industry median Days Payable is 76.60. Technofab Engineering's value of 1,716.64 is 2141.2% above this benchmark. 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 76.60, based on 1,716 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. Technofab Engineering's current Days Payable of 1,716.64 is 2141.2% 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 Technofab Engineering and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technofab Engineering's current Days Payable is 1,716.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technofab Engineering stock overvalued right now?
Technofab Engineering (BOM:533216) has a current Days Payable of 1,716.64. The current Days Payable is 1,716.64 and 2141.2% above the Construction industry median of 76.60. 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 Technofab Engineering (BOM:533216), the current Days Payable is 1,716.64 as of Mar. 2025. 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.

Technofab Engineering Business Description

Address Mathura Road, Plot No.5, Sector-27C, Faridabad, HR, IND, 121003
Technofab Engineering Ltd is engaged majorly in the business of construction and engineering. In addition, the company provides long-distance pipelines, communication and power line and construction services. It serves both domestic and overseas clients, who operate in diverse sectors like thermal power, nuclear power, electrical, oil and gas, and industrial. It has operations in India, Ghana, Ethiopia, Kenya, Zambia, Fiji, Malawi, Liberia, and Zimbabwe. The Company is engaged in one primary business segment of engineering procurement contracts for electricity, water infrastructure, oil handling systems etc.