Ceinsys Tech (BOM:538734) Days Payable: 188.88 (As of Mar. 2026) — 11% Above Median

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BOM:538734 Ceinsys Tech Ltd BOM:538734
84 GF Score
Price ₹837.00
GF Value ₹1,365.69
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Ceinsys Tech Days Payable?

Ceinsys Tech BOM:538734 -0.40% 84 Days Payable is 188.88 as of Mar. 2026, which is 11% above its 10-year median of 170.38. GuruFocus rates BOM:538734 with a GF Score™ of 84/100 and a GF Value™ of ₹1,365.69 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,715 Construction companies, Ceinsys Tech ranks better than 74.46% on this metric.

Ceinsys Tech's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,555 Mil. Ceinsys Tech's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹751 Mil. Hence, Ceinsys Tech's Days Payable for the three months ended in Mar. 2026 was 188.88.

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

BOM:538734' s Days Payable Range Over the Past 10 Years
Min: 135.99   Med: 170.38   Max: 210.88
Current: 143.42

During the past 13 years, Ceinsys Tech's highest Days Payable was 210.88. The lowest was 135.99. And the median was 170.38.

BOM:538734's Days Payable is ranked better than
74.46% of 1715 companies
in the Construction industry
Industry Median: 76.33 vs BOM:538734: 143.42

Ceinsys Tech's Days Payable increased from Mar. 2025 (98.02) to Mar. 2026 (188.88). It may suggest that Ceinsys Tech delayed paying its suppliers.


Ceinsys Tech Days Payable Historical Data

* Premium members only.

The historical data trend for Ceinsys Tech'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.

Ceinsys Tech Days Payable Chart

Ceinsys Tech 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 170.11 210.88 207.03 143.79 136.51

Ceinsys Tech 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 98.02 92.93 149.34 154.61 188.88

BOM:538734 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Ceinsys Tech'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.


Ceinsys Tech Days Payable vs Construction Industry

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

* The bar in red indicates where Ceinsys Tech's Days Payable falls into.


BOM:538734
84GF Score
Ceinsys Tech Ltd BOM:538734
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ceinsys Tech 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.

Ceinsys Tech'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
=( (747.3 + 1555.3) / 2 ) / 3078.4*365
=1151.3 / 3078.4*365
=136.51

Ceinsys Tech'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 + 1555.3) / 1 ) / 751.4*365 / 4
=1555.3 / 751.4*365 / 4
=188.88

* 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 188.88 mean?
Ceinsys Tech (BOM:538734) has a Days Payable of 188.88 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 Ceinsys Tech and its competitors. This is 11% above median its historical median of 170.38. Over the past decade, Ceinsys Tech's Days Payable has ranged from 135.99 to 210.88. According to the industry distribution chart, Ceinsys Tech ranks #438 out of 1715 companies in the Construction industry, placing it in the top 25.5%.
Is Ceinsys Tech's Days Payable too high?
Ceinsys Tech's current Days Payable of 188.88 is 11% above median its 10-year median of 170.38. Over the past 10 years, this metric has ranged from a low of 135.99 to a high of 210.88. The Construction industry median Days Payable is 76.33. Ceinsys Tech's value of 188.88 is 147.5% above this industry median. Based on the distribution chart, Ceinsys Tech ranks #438 out of 1715 companies in the Construction industry, which is above the industry midpoint. Overall, Ceinsys Tech has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ceinsys Tech's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Ceinsys Tech ranks #438 out of 1715 companies for Days Payable. This puts Ceinsys Tech in the upper half of its industry. The industry median Days Payable is 76.33. Ceinsys Tech's value of 188.88 is 147.5% above this benchmark. Historically, Ceinsys Tech's own Days Payable has ranged from 135.99 to 210.88 over the past decade. While the company's 10-year median is 170.38 vs. the industry median of 76.33, Ceinsys Tech 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 Construction company?
The median Days Payable among Construction companies is 76.33, based on 1,715 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. Ceinsys Tech's current Days Payable of 188.88 is 147.5% 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 Ceinsys Tech and its competitors. For the Construction industry, the median Days Payable is 76.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceinsys Tech's current Days Payable is 188.88, which is 11% above median its own 10-year median of 170.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceinsys Tech stock overvalued right now?
Based on GuruFocus' analysis, Ceinsys Tech (BOM:538734) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,365.69, compared to a current price of ₹837.00 — trading 38.7% below its estimated fair value. The current Days Payable is 188.88, which is 11% above median its 10-year median of 170.38 and 147.5% above the Construction industry median of 76.33. Ceinsys Tech's overall GF Score™ is 84/100 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 Ceinsys Tech (BOM:538734), the current Days Payable is 188.88 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 Ceinsys Tech (BOM:538734) Overvalued in 2026?

Based on GuruFocus' analysis, Ceinsys Tech stock appears to be undervalued. The current stock price of ₹837.00 is trading 38.7% below its estimated GF Value™ of ₹1,365.69. GuruFocus considers Ceinsys Tech to be Possible Value Trap.

Key valuation signals for BOM:538734:

  • Days Payable: 188.88 (11% above median its 10-year median of 170.38)
  • GF Value™: ₹1,365.69 vs. price of ₹837.00 (38.7% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 147.5% above the Construction median (#438 of 1715)

No single metric tells the full story. See the BOM:538734 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ceinsys Tech Business Description

Other Exchanges CEINSYS:India
Address N.M. Joshi Marg, 2103A, Marathon Futurex Mafatlal Mills Compound, Lower Parel East, Mumbai, MH, IND, 400013
Ceinsys Tech Ltd provides architectural and engineering, and related technical consultancy services to corporate and government customers in India and internationally. It is also engaged in the Retail sale of non-customized software and computer consultancy and computer facilities management activities. The company operates in three segments: Geospatial and engineering services; Technology Solutions and Others. It derives key revenue from the Technology Solutions segment. The company's majority revenue is derived from India.
84GF Score

Get the complete analysis for BOM:538734

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

₹837.00
Price
₹1,365.69
GF Value