VMS Industries (BOM:533427) Days Payable: 63.43 (As of Mar. 2026) — 38% Below Median

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BOM:533427 VMS Industries Ltd BOM:533427
66 GF Score
Price ₹22.29
GF Value ₹21.12
Valuation Fairly Valued
! 7 Warning Signs
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What is VMS Industries Days Payable?

VMS Industries BOM:533427 -2.07% 66 Days Payable is 63.43 as of Mar. 2026, which is 38% below its 10-year median of 102.16. GuruFocus rates BOM:533427 with a GF Score™ of 66/100 and a GF Value™ of ₹21.12 (Fairly Valued). The stock has 7 warning signs investors should review. Among 230 Waste Management companies, VMS Industries ranks better than 61.74% on this metric.

VMS Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹340 Mil. VMS Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹489 Mil. Hence, VMS Industries's Days Payable for the three months ended in Mar. 2026 was 63.43.

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

BOM:533427' s Days Payable Range Over the Past 10 Years
Min: 59.39   Med: 102.16   Max: 175.96
Current: 99.53

During the past 13 years, VMS Industries's highest Days Payable was 175.96. The lowest was 59.39. And the median was 102.16.

BOM:533427's Days Payable is ranked better than
61.74% of 230 companies
in the Waste Management industry
Industry Median: 64.295 vs BOM:533427: 99.53

VMS Industries's Days Payable declined from Mar. 2025 (76.05) to Mar. 2026 (63.43). It may suggest that VMS Industries accelerated paying its suppliers.


VMS Industries Days Payable Historical Data

* Premium members only.

The historical data trend for VMS Industries'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.

VMS Industries Days Payable Chart

VMS Industries 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 83.48 61.53 59.39 80.52 85.21

VMS Industries 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 76.05 89.13 117.64 205.16 63.43

BOM:533427 vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, VMS Industries'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.


VMS Industries Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, VMS Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where VMS Industries's Days Payable falls into.


BOM:533427
66GF Score
VMS Industries Ltd BOM:533427
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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VMS Industries 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.

VMS Industries'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
=( (364.844 + 340.254) / 2 ) / 1510.158*365
=352.549 / 1510.158*365
=85.21

VMS Industries'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 + 340.254) / 1 ) / 489.471*365 / 4
=340.254 / 489.471*365 / 4
=63.43

* 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 63.43 mean?
VMS Industries (BOM:533427) has a Days Payable of 63.43 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 VMS Industries and its competitors. This is 38% below median its historical median of 102.16. Over the past decade, VMS Industries' Days Payable has ranged from 59.39 to 175.96. According to the industry distribution chart, VMS Industries ranks #88 out of 230 companies in the Waste Management industry, placing it in the top 38.3%.
Is VMS Industries' Days Payable too high?
VMS Industries' current Days Payable of 63.43 is 38% below median its 10-year median of 102.16. Over the past 10 years, this metric has ranged from a low of 59.39 to a high of 175.96. The Waste Management industry median Days Payable is 64.30. VMS Industries' value of 63.43 is 1.3% below this industry median. Based on the distribution chart, VMS Industries ranks #88 out of 230 companies in the Waste Management industry, which is above the industry midpoint. Overall, VMS Industries has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VMS Industries' Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, VMS Industries ranks #88 out of 230 companies for Days Payable. This puts VMS Industries in the upper half of its industry. The industry median Days Payable is 64.30. VMS Industries' value of 63.43 is 1.3% below this benchmark. Historically, VMS Industries' own Days Payable has ranged from 59.39 to 175.96 over the past decade. While the company's 10-year median is 102.16 vs. the industry median of 64.30, VMS Industries 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 Waste Management company?
The median Days Payable among Waste Management companies is 64.30, based on 230 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. VMS Industries's current Days Payable of 63.43 is 1.3% 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 VMS Industries and its competitors. For the Waste Management industry, the median Days Payable is 64.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VMS Industries's current Days Payable is 63.43, which is 38% below median its own 10-year median of 102.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VMS Industries stock overvalued right now?
Based on GuruFocus' analysis, VMS Industries (BOM:533427) is currently considered Fairly Valued. The stock's GF Value™ is ₹21.12, compared to a current price of ₹22.29 — trading 5.5% above its estimated fair value. The current Days Payable is 63.43, which is 38% below median its 10-year median of 102.16 and 1.3% below the Waste Management industry median of 64.30. VMS Industries' overall GF Score™ is 66/100 with 7 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 VMS Industries (BOM:533427), the current Days Payable is 63.43 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 VMS Industries (BOM:533427) Overvalued in 2026?

Based on GuruFocus' analysis, VMS Industries stock appears to be overvalued. The current stock price of ₹22.29 is trading 5.5% above its estimated GF Value™ of ₹21.12. GuruFocus considers VMS Industries to be Fairly Valued.

Key valuation signals for BOM:533427:

  • Days Payable: 63.43 (38% below median its 10-year median of 102.16)
  • GF Value™: ₹21.12 vs. price of ₹22.29 (5.5% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 1.3% below the Waste Management median (#88 of 230)

No single metric tells the full story. See the BOM:533427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VMS Industries Business Description

Address Corporate Road, 808-C, Pinnacle Business Park, Prahladnagar, Ahmedabad, GJ, IND, 380015
VMS Industries Ltd provides ship recycling and offshore services. The Company is engaged in the business of breaking old and used ships. On the basis of the dominant source, the nature of risks and returns, and the internal organization, the company has identified two operating segments: Manufacturing and Trading. Manufacturing in respect of Ship-Breaking business activities and Trading in respect of trading in Ferrous and Non-Ferrous metals. The majority of income is from the Manufacturing segment.
66GF Score

Get the complete analysis for BOM:533427

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

₹22.29
Price
₹21.12
GF Value