SMT Engineering (BOM:538563) Days Payable: 51.03 (As of Mar. 2026) — 60% Below Median

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BOM:538563 SMT Engineering Ltd BOM:538563
53 GF Score
Price ₹466.00
GF Value ₹283.14
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SMT Engineering Days Payable?

SMT Engineering BOM:538563 +4.99% 53 Days Payable is 51.03 as of Mar. 2026, which is 60% below its 10-year median of 126.63. GuruFocus rates BOM:538563 with a GF Score™ of 53/100 and a GF Value™ of ₹283.14 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 541 Capital Markets companies, SMT Engineering ranks better than 51.39% on this metric.

SMT Engineering's average Accounts Payable for the three months ended in Mar. 2026 was ₹251 Mil. SMT Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹449 Mil. Hence, SMT Engineering's Days Payable for the three months ended in Mar. 2026 was 51.03.

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

BOM:538563' s Days Payable Range Over the Past 10 Years
Min: 18.07   Med: 126.63   Max: 393.08
Current: 99.43

During the past 13 years, SMT Engineering's highest Days Payable was 393.08. The lowest was 18.07. And the median was 126.63.

BOM:538563's Days Payable is ranked better than
51.39% of 541 companies
in the Capital Markets industry
Industry Median: 88.46 vs BOM:538563: 99.43

SMT Engineering's Days Payable declined from Mar. 2025 (136.32) to Mar. 2026 (51.03). It may suggest that SMT Engineering accelerated paying its suppliers.


SMT Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for SMT 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.

SMT Engineering Days Payable Chart

SMT Engineering 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 393.08 300.83 121.84 258.41 94.59

SMT Engineering 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 136.32 121.18 143.36 191.63 51.03

BOM:538563 vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, SMT 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.


SMT Engineering Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SMT Engineering's Days Payable distribution charts can be found below:

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


BOM:538563
53GF Score
SMT Engineering Ltd BOM:538563
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMT 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.

SMT Engineering'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
=( (235.077 + 251.02) / 2 ) / 937.907*365
=243.0485 / 937.907*365
=94.59

SMT Engineering'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 + 251.02) / 1 ) / 448.868*365 / 4
=251.02 / 448.868*365 / 4
=51.03

* 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 51.03 mean?
SMT Engineering (BOM:538563) has a Days Payable of 51.03 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 SMT Engineering and its competitors. This is 60% below median its historical median of 126.63. Over the past decade, SMT Engineering's Days Payable has ranged from 18.07 to 393.08. According to the industry distribution chart, SMT Engineering ranks #263 out of 541 companies in the Capital Markets industry, placing it in the top 48.6%.
Is SMT Engineering's Days Payable too high?
SMT Engineering's current Days Payable of 51.03 is 60% below median its 10-year median of 126.63. Over the past 10 years, this metric has ranged from a low of 18.07 to a high of 393.08. The Capital Markets industry median Days Payable is 88.46. SMT Engineering's value of 51.03 is 42.3% below this industry median. Based on the distribution chart, SMT Engineering ranks #263 out of 541 companies in the Capital Markets industry, which is above the industry midpoint. Overall, SMT Engineering has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMT Engineering's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, SMT Engineering ranks #263 out of 541 companies for Days Payable. This puts SMT Engineering in the upper half of its industry. The industry median Days Payable is 88.46. SMT Engineering's value of 51.03 is 42.3% below this benchmark. Historically, SMT Engineering's own Days Payable has ranged from 18.07 to 393.08 over the past decade. While the company's 10-year median is 126.63 vs. the industry median of 88.46, SMT Engineering 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 88.46, based on 541 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. SMT Engineering's current Days Payable of 51.03 is 42.3% 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 SMT Engineering and its competitors. For the Capital Markets industry, the median Days Payable is 88.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMT Engineering's current Days Payable is 51.03, which is 60% below median its own 10-year median of 126.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMT Engineering stock overvalued right now?
Based on GuruFocus' analysis, SMT Engineering (BOM:538563) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹283.14, compared to a current price of ₹466.00 — trading 64.6% above its estimated fair value. The current Days Payable is 51.03, which is 60% below median its 10-year median of 126.63 and 42.3% below the Capital Markets industry median of 88.46. SMT Engineering's overall GF Score™ is 53/100 with 5 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 SMT Engineering (BOM:538563), the current Days Payable is 51.03 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 SMT Engineering (BOM:538563) Overvalued in 2026?

Based on GuruFocus' analysis, SMT Engineering stock appears to be overvalued. The current stock price of ₹466.00 is trading 64.6% above its estimated GF Value™ of ₹283.14. GuruFocus considers SMT Engineering to be Significantly Overvalued.

Key valuation signals for BOM:538563:

  • Days Payable: 51.03 (60% below median its 10-year median of 126.63)
  • GF Value™: ₹283.14 vs. price of ₹466.00 (64.6% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 42.3% below the Capital Markets median (#263 of 541)

No single metric tells the full story. See the BOM:538563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMT Engineering Business Description

Address Sanwer Road Industrial Area, Plot No. 23 D Sector A, Near Parle G Biscuit Factory, Indore, MP, IND, 452015
SMT Engineering Ltd and its subsidiaries, the Group, operate in share trading, manufacturing plastic processing machinery globally, and other businesses. Through its subsidiary, the company specializes in HDPE and PVC extrusion systems, drip irrigation solutions, and related plastic pipe manufacturing machinery, with CNC facilities in Indore, India. The company is also engaged in trading commodities and investing in mutual funds, shares, and securities, with the majority of its revenue generated from sales of shares and securities.
53GF Score

Get the complete analysis for BOM:538563

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

₹466.00
Price
₹283.14
GF Value