Manaksia Coated Metals & Industries (BOM:539046) Days Payable: 116.00 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:539046 Manaksia Coated Metals & Industries Ltd BOM:539046
68 GF Score
Price ₹125.80
GF Value ₹81.12
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Manaksia Coated Metals & Industries Days Payable?

Manaksia Coated Metals & Industries BOM:539046 -0.79% 68 Days Payable is 116.00 as of Jun. 2026, which is 4% above its 10-year median of 111.79. GuruFocus rates BOM:539046 with a GF Score™ of 68/100 and a GF Value™ of ₹81.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,997 Industrial Products companies, Manaksia Coated Metals & Industries ranks better than 72.27% on this metric.

Manaksia Coated Metals & Industries's average Accounts Payable for the three months ended in Jun. 2026 was ₹2,389 Mil. Manaksia Coated Metals & Industries's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹1,880 Mil. Hence, Manaksia Coated Metals & Industries's Days Payable for the three months ended in Jun. 2026 was 116.00.

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

BOM:539046' s Days Payable Range Over the Past 10 Years
Min: 79.12   Med: 111.79   Max: 168.54
Current: 136.28

During the past 13 years, Manaksia Coated Metals & Industries's highest Days Payable was 168.54. The lowest was 79.12. And the median was 111.79.

BOM:539046's Days Payable is ranked better than
72.27% of 2997 companies
in the Industrial Products industry
Industry Median: 77.82 vs BOM:539046: 136.28

Manaksia Coated Metals & Industries's Days Payable declined from Jun. 2025 (116.54) to Jun. 2026 (116.00). It may suggest that Manaksia Coated Metals & Industries accelerated paying its suppliers.


Manaksia Coated Metals & Industries Days Payable Related Terms


Manaksia Coated Metals & Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Manaksia Coated Metals & 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.

Manaksia Coated Metals & Industries Days Payable Chart

Manaksia Coated Metals & 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 94.46 116.57 110.05 119.05 131.33

Manaksia Coated Metals & Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 116.54 157.66 164.30 124.39 116.00

BOM:539046 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Manaksia Coated Metals & 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.


Manaksia Coated Metals & Industries Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Manaksia Coated Metals & Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Manaksia Coated Metals & Industries's Days Payable falls into.


BOM:539046
68GF Score
Manaksia Coated Metals & Industries Ltd BOM:539046
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manaksia Coated Metals & 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.

Manaksia Coated Metals & 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
=( (2384.56 + 2389.398) / 2 ) / 6633.792*365
=2386.979 / 6633.792*365
=131.33

Manaksia Coated Metals & Industries's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (2389.398 + 0) / 1 ) / 1879.535*365 / 4
=2389.398 / 1879.535*365 / 4
=116.00

* 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 116.00 mean?
Manaksia Coated Metals & Industries (BOM:539046) has a Days Payable of 116.00 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Manaksia Coated Metals & Industries and its competitors. This is near median its historical median of 111.79. Over the past decade, Manaksia Coated Metals & Industries' Days Payable has ranged from 79.12 to 168.54. According to the industry distribution chart, Manaksia Coated Metals & Industries ranks #831 out of 2997 companies in the Industrial Products industry, placing it in the top 27.7%.
Is Manaksia Coated Metals & Industries' Days Payable too high?
Manaksia Coated Metals & Industries' current Days Payable of 116.00 is near median its 10-year median of 111.79. Over the past 10 years, this metric has ranged from a low of 79.12 to a high of 168.54. The Industrial Products industry median Days Payable is 77.82. Manaksia Coated Metals & Industries' value of 116.00 is 49.1% above this industry median. Based on the distribution chart, Manaksia Coated Metals & Industries ranks #831 out of 2997 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Manaksia Coated Metals & Industries has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manaksia Coated Metals & Industries' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Manaksia Coated Metals & Industries ranks #831 out of 2997 companies for Days Payable. This puts Manaksia Coated Metals & Industries in the upper half of its industry. The industry median Days Payable is 77.82. Manaksia Coated Metals & Industries' value of 116.00 is 49.1% above this benchmark. Historically, Manaksia Coated Metals & Industries' own Days Payable has ranged from 79.12 to 168.54 over the past decade. While the company's 10-year median is 111.79 vs. the industry median of 77.82, Manaksia Coated Metals & Industries 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.82, based on 2,997 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. Manaksia Coated Metals & Industries's current Days Payable of 116.00 is 49.1% 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 Manaksia Coated Metals & Industries and its competitors. For the Industrial Products industry, the median Days Payable is 77.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manaksia Coated Metals & Industries's current Days Payable is 116.00, which is near median its own 10-year median of 111.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manaksia Coated Metals & Industries stock overvalued right now?
Based on GuruFocus' analysis, Manaksia Coated Metals & Industries (BOM:539046) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹81.12, compared to a current price of ₹125.80 — trading 55.1% above its estimated fair value. The current Days Payable is 116.00, which is near median its 10-year median of 111.79 and 49.1% above the Industrial Products industry median of 77.82. Manaksia Coated Metals & Industries' overall GF Score™ is 68/100 with 4 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 Manaksia Coated Metals & Industries (BOM:539046), the current Days Payable is 116.00 as of Jun. 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 Manaksia Coated Metals & Industries (BOM:539046) Overvalued in 2026?

Based on GuruFocus' analysis, Manaksia Coated Metals & Industries stock appears to be overvalued. The current stock price of ₹125.80 is trading 55.1% above its estimated GF Value™ of ₹81.12. GuruFocus considers Manaksia Coated Metals & Industries to be Significantly Overvalued.

Key valuation signals for BOM:539046:

  • Days Payable: 116.00 (near median its 10-year median of 111.79)
  • GF Value™: ₹81.12 vs. price of ₹125.80 (55.1% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 49.1% above the Industrial Products median (#831 of 2997)

No single metric tells the full story. See the BOM:539046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manaksia Coated Metals & Industries Business Description

Other Exchanges MANAKCOAT:India
Address Road No. 14, Banjara Hills, Plot No. 15, Navodaya Colony, Hyderabad, TG, IND, 500034
Manaksia Coated Metals & Industries Ltd is engaged in the manufacturing of Mosquito Repellent Coils and value-added secondary metal products like Galvanised Corrugated Sheets, Galvanised Plain Sheets, Colour-Coated (Pre-painted) Sheets. It operates in two segments including Metal Products; and others. The metal products segment, which is the key revenue driver, includes colour-coated (pre-painted) steel and aluminum sheets and coils. Geographically, it has operations in India as well as overseas. The company's products are Colour Coated Metal Sheets & Coils, Galvanised Steel Sheets & Coils, Mosquito Repellent Coils, Ultramarine Blue Powder, and Agro Products. The company sells products under brands such as Zingalvo, Singham, and Brochures.
68GF Score

Get the complete analysis for BOM:539046

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

₹125.80
Price
₹81.12
GF Value