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JTL DefenceBOM:537254 36 Days Payable is 137.53 as of Mar. 2026, which is 96% above its 10-year median of 70.30. GuruFocus rates BOM:537254 with a GF Score™ of 36/100 and a GF Value™ of ₹53.95 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,065 Metals & Mining companies, JTL Defence ranks better than 61.97% on this metric.
JTL Defence's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹143.9 Mil. JTL Defence's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹95.5 Mil.
Hence, JTL Defence's Days Payable for the
three
months ended in Mar. 2026 was 137.53.
The historical rank and industry rank for JTL Defence's Days Payable or its related term are showing as below:
BOM:537254'
s Days Payable Range Over the Past 10 Years
Min: 25.74 Med: 70.3 Max: 16807.15
Current: 418.13
During the past 13 years, JTL Defence's highest Days Payable was 16807.15. The lowest was 25.74. And the median was 70.30.
BOM:537254's Days Payable is ranked better than 61.97% of 1065
companies
in the Metals & Mining industry
Industry Median: 125.6
vs BOM:537254: 418.13
JTL Defence's Days Payable
declined
from Dec. 2024 (4,977.93) to Mar. 2026 (137.53).
It may suggest that JTL Defenceaccelerated paying its suppliers.
JTL Defence Days Payable Related Terms
JTL Defence Days Payable Historical Data
* Premium members only.
The historical data trend for JTL Defence'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.
For the Copper subindustry, JTL Defence'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.
JTL Defence Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, JTL Defence's Days Payable distribution charts can be found below:
* The bar in red indicates where JTL Defence's Days Payable falls into.
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.
JTL Defence's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
JTL Defence (BOM:537254) has a Days Payable of 137.53 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 JTL Defence and its competitors. This is 96% above median its historical median of 70.30. Over the past decade, JTL Defence's Days Payable has ranged from 25.74 to 16,807.15. According to the industry distribution chart, JTL Defence ranks #405 out of 1065 companies in the Metals & Mining industry, placing it in the top 38%.
Is JTL Defence's Days Payable too high?
JTL Defence's current Days Payable of 137.53 is 96% above median its 10-year median of 70.30. Over the past 10 years, this metric has ranged from a low of 25.74 to a high of 16,807.15. The Metals & Mining industry median Days Payable is 125.60. JTL Defence's value of 137.53 is 9.5% above this industry median. Based on the distribution chart, JTL Defence ranks #405 out of 1065 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, JTL Defence has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTL Defence's Days Payable compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, JTL Defence ranks #405 out of 1065 companies for Days Payable. This puts JTL Defence in the upper half of its industry. The industry median Days Payable is 125.60. JTL Defence's value of 137.53 is 9.5% above this benchmark. Historically, JTL Defence's own Days Payable has ranged from 25.74 to 16,807.15 over the past decade. While the company's 10-year median is 70.30 vs. the industry median of 125.60, JTL Defence 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.60, based on 1,065 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. JTL Defence's current Days Payable of 137.53 is 9.5% 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 JTL Defence and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTL Defence's current Days Payable is 137.53, which is 96% above median its own 10-year median of 70.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Defence stock overvalued right now?
Based on GuruFocus' analysis, JTL Defence (BOM:537254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹53.95, compared to a current price of ₹646.65 — trading 1098.6% above its estimated fair value. The current Days Payable is 137.53, which is 96% above median its 10-year median of 70.30 and 9.5% above the Metals & Mining industry median of 125.60. JTL Defence's overall GF Score™ is 36/100 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 JTL Defence (BOM:537254), the current Days Payable is 137.53 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 JTL Defence (BOM:537254) Overvalued in 2026?
Based on GuruFocus' analysis, JTL Defence stock appears to be overvalued.
The current stock price of ₹646.65 is trading 1098.6% above its estimated GF Value™ of ₹53.95.
GuruFocus considers JTL Defence to be Significantly Overvalued.
Key valuation signals for BOM:537254:
Days Payable: 137.53 (96% above median its 10-year median of 70.30)
GF Value™: ₹53.95 vs. price of ₹646.65 (1098.6% above fair value)
Industry Position: 9.5% above the Metals & Mining median (#405 of 1065)
No single metric tells the full story. See the BOM:537254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JTL Defence Ltd, formerly RCI Industries & Technologies Ltd is principally engaged in the manufacturing of copper and copper products. The main objective of the company is to manufacture, import, export, trade, and deal in all types of metal and metal products. Its product range includes Round and Flat Rolled Copper and Copper Alloys, which are used for various electrical and industrial applications in different industries, such as automobile, engineering, defense, construction, electronics, and others. The majority of the company's revenue is derived from the sales of its products in the domestic market.
36GF Score
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