Laxmipati Engineering Works (BOM:537669) Days Payable: 32.45 (As of Mar. 2026) — 34% Below Median

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BOM:537669 Laxmipati Engineering Works Ltd BOM:537669
66 GF Score
Price ₹523.90
GF Value ₹320.31
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Laxmipati Engineering Works Days Payable?

Laxmipati Engineering Works BOM:537669 66 Days Payable is 32.45 as of Mar. 2026, which is 34% below its 10-year median of 49.38. GuruFocus rates BOM:537669 with a GF Score™ of 66/100 and a GF Value™ of ₹320.31 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 339 Aerospace & Defense companies, Laxmipati Engineering Works ranks worse than 72.27% on this metric.

Laxmipati Engineering Works's average Accounts Payable for the six months ended in Mar. 2026 was ₹35.9 Mil. Laxmipati Engineering Works's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹201.9 Mil. Hence, Laxmipati Engineering Works's Days Payable for the six months ended in Mar. 2026 was 32.45.

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

BOM:537669' s Days Payable Range Over the Past 10 Years
Min: 21.7   Med: 49.38   Max: 347.45
Current: 40.15

During the past 13 years, Laxmipati Engineering Works's highest Days Payable was 347.45. The lowest was 21.70. And the median was 49.38.

BOM:537669's Days Payable is ranked worse than
72.27% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs BOM:537669: 40.15

Laxmipati Engineering Works's Days Payable declined from Mar. 2025 (220.95) to Mar. 2026 (32.45). It may suggest that Laxmipati Engineering Works accelerated paying its suppliers.


Laxmipati Engineering Works Days Payable Historical Data

* Premium members only.

The historical data trend for Laxmipati Engineering Works'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.

Laxmipati Engineering Works Days Payable Chart

Laxmipati Engineering Works 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 205.81 326.20 45.34 21.90 21.70

Laxmipati Engineering Works Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 36.27 190.02 220.95 44.82 32.45

BOM:537669 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Laxmipati Engineering Works'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.


Laxmipati Engineering Works Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Laxmipati Engineering Works's Days Payable distribution charts can be found below:

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


BOM:537669
66GF Score
Laxmipati Engineering Works Ltd BOM:537669
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Laxmipati Engineering Works 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.

Laxmipati Engineering Works'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
=( (32.367 + 48.288) / 2 ) / 678.205*365
=40.3275 / 678.205*365
=21.70

Laxmipati Engineering Works'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (23.531 + 48.288) / 2 ) / 201.934*365 / 2
=35.9095 / 201.934*365 / 2
=32.45

* 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 32.45 mean?
Laxmipati Engineering Works (BOM:537669) has a Days Payable of 32.45 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 Laxmipati Engineering Works and its competitors. This is 34% below median its historical median of 49.38. Over the past decade, Laxmipati Engineering Works' Days Payable has ranged from 21.70 to 347.45. According to the industry distribution chart, Laxmipati Engineering Works ranks #245 out of 339 companies in the Aerospace & Defense industry, placing it in the top 72.3%.
Is Laxmipati Engineering Works' Days Payable too high?
Laxmipati Engineering Works' current Days Payable of 32.45 is 34% below median its 10-year median of 49.38. Over the past 10 years, this metric has ranged from a low of 21.70 to a high of 347.45. The Aerospace & Defense industry median Days Payable is 64.65. Laxmipati Engineering Works' value of 32.45 is 49.8% below this industry median. Based on the distribution chart, Laxmipati Engineering Works ranks #245 out of 339 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Laxmipati Engineering Works has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Laxmipati Engineering Works' Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Laxmipati Engineering Works ranks #245 out of 339 companies for Days Payable. This places Laxmipati Engineering Works in the lower half of its industry. The industry median Days Payable is 64.65. Laxmipati Engineering Works' value of 32.45 is 49.8% below this benchmark. Historically, Laxmipati Engineering Works' own Days Payable has ranged from 21.70 to 347.45 over the past decade. While the company's 10-year median is 49.38 vs. the industry median of 64.65, Laxmipati Engineering Works 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. Laxmipati Engineering Works's current Days Payable of 32.45 is 49.8% 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 Laxmipati Engineering Works and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmipati Engineering Works's current Days Payable is 32.45, which is 34% below median its own 10-year median of 49.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmipati Engineering Works stock overvalued right now?
Based on GuruFocus' analysis, Laxmipati Engineering Works (BOM:537669) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹320.31, compared to a current price of ₹523.90 — trading 63.6% above its estimated fair value. The current Days Payable is 32.45, which is 34% below median its 10-year median of 49.38 and 49.8% below the Aerospace & Defense industry median of 64.65. Laxmipati Engineering Works' overall GF Score™ is 66/100 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 Laxmipati Engineering Works (BOM:537669), the current Days Payable is 32.45 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 Laxmipati Engineering Works (BOM:537669) Overvalued in 2026?

Based on GuruFocus' analysis, Laxmipati Engineering Works stock appears to be overvalued. The current stock price of ₹523.90 is trading 63.6% above its estimated GF Value™ of ₹320.31. GuruFocus considers Laxmipati Engineering Works to be Significantly Overvalued.

Key valuation signals for BOM:537669:

  • Days Payable: 32.45 (34% below median its 10-year median of 49.38)
  • GF Value™: ₹320.31 vs. price of ₹523.90 (63.6% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 49.8% below the Aerospace & Defense median (#245 of 339)

No single metric tells the full story. See the BOM:537669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Laxmipati Engineering Works Business Description

Address Central Park Society, Office Block, 1st Floor, Plot No. 237/2 and 3, Sub Plot No. A/25, GIDC, Pandesara, Surat, GJ, IND, 394221
Laxmipati Engineering Works Ltd is engaged in the business of fabrication, heavy engineering, engineering infrastructure and services, and shut down maintenance projects. The company has two segments: Fabrication and Shipyard.
66GF Score

Get the complete analysis for BOM:537669

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

₹523.90
Price
₹320.31
GF Value