Veto Switchgears And Cables (BOM:539331) Days Payable: 30.49 (As of Mar. 2026) — 28% Below Median


BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
82 GF Score
Price ₹124.95
GF Value ₹161.99
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Veto Switchgears And Cables Days Payable?

Veto Switchgears And Cables BOM:539331 -1.50% 82 Days Payable is 30.49 as of Mar. 2026, which is 28% below its 10-year median of 42.35. GuruFocus rates BOM:539331 with a GF Score™ of 82/100 and a GF Value™ of ₹161.99 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,986 Industrial Products companies, Veto Switchgears And Cables ranks worse than 71.13% on this metric.

Veto Switchgears And Cables's average Accounts Payable for the three months ended in Mar. 2026 was ₹352 Mil. Veto Switchgears And Cables's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,054 Mil. Hence, Veto Switchgears And Cables's Days Payable for the three months ended in Mar. 2026 was 30.49.

The historical rank and industry rank for Veto Switchgears And Cables's Days Payable or its related term are showing as below:

BOM:539331' s Days Payable Range Over the Past 10 Years
Min: 15.33   Med: 42.35   Max: 61.22
Current: 47.85

During the past 13 years, Veto Switchgears And Cables's highest Days Payable was 61.22. The lowest was 15.33. And the median was 42.35.

BOM:539331's Days Payable is ranked worse than
71.13% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs BOM:539331: 47.85

Veto Switchgears And Cables's Days Payable declined from Mar. 2025 (39.87) to Mar. 2026 (30.49). It may suggest that Veto Switchgears And Cables accelerated paying its suppliers.


Veto Switchgears And Cables Days Payable Historical Data

* Premium members only.

The historical data trend for Veto Switchgears And Cables'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.

Veto Switchgears And Cables Days Payable Chart

Veto Switchgears And Cables 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 61.22 54.34 43.74 43.88 40.96

Veto Switchgears And Cables 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 39.87 56.74 67.06 64.96 30.49

BOM:539331 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables'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.


Veto Switchgears And Cables Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veto Switchgears And Cables's Days Payable distribution charts can be found below:

* The bar in red indicates where Veto Switchgears And Cables's Days Payable falls into.


BOM:539331
82GF Score
Veto Switchgears And Cables Ltd BOM:539331
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Veto Switchgears And Cables 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.

Veto Switchgears And Cables'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
=( (283.835 + 352.26) / 2 ) / 2833.875*365
=318.0475 / 2833.875*365
=40.96

Veto Switchgears And Cables'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 + 352.26) / 1 ) / 1054.177*365 / 4
=352.26 / 1054.177*365 / 4
=30.49

* 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 30.49 mean?
Veto Switchgears And Cables (BOM:539331) has a Days Payable of 30.49 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 Veto Switchgears And Cables and its competitors. This is 28% below median its historical median of 42.35. Over the past decade, Veto Switchgears And Cables' Days Payable has ranged from 15.33 to 61.22. According to the industry distribution chart, Veto Switchgears And Cables ranks #2124 out of 2986 companies in the Industrial Products industry, placing it in the top 71.1%.
Is Veto Switchgears And Cables' Days Payable too high?
Veto Switchgears And Cables' current Days Payable of 30.49 is 28% below median its 10-year median of 42.35. Over the past 10 years, this metric has ranged from a low of 15.33 to a high of 61.22. The Industrial Products industry median Days Payable is 78.07. Veto Switchgears And Cables' value of 30.49 is 60.9% below this industry median. Based on the distribution chart, Veto Switchgears And Cables ranks #2124 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Veto Switchgears And Cables has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veto Switchgears And Cables ranks #2124 out of 2986 companies for Days Payable. This places Veto Switchgears And Cables in the lower half of its industry. The industry median Days Payable is 78.07. Veto Switchgears And Cables' value of 30.49 is 60.9% below this benchmark. Historically, Veto Switchgears And Cables' own Days Payable has ranged from 15.33 to 61.22 over the past decade. While the company's 10-year median is 42.35 vs. the industry median of 78.07, Veto Switchgears And Cables 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 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. Veto Switchgears And Cables's current Days Payable of 30.49 is 60.9% 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 Veto Switchgears And Cables and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veto Switchgears And Cables's current Days Payable is 30.49, which is 28% below median its own 10-year median of 42.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veto Switchgears And Cables stock overvalued right now?
Based on GuruFocus' analysis, Veto Switchgears And Cables (BOM:539331) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹161.99, compared to a current price of ₹124.95 — trading 22.9% below its estimated fair value. The current Days Payable is 30.49, which is 28% below median its 10-year median of 42.35 and 60.9% below the Industrial Products industry median of 78.07. Veto Switchgears And Cables' overall GF Score™ is 82/100 with 2 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 Veto Switchgears And Cables (BOM:539331), the current Days Payable is 30.49 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 Veto Switchgears And Cables (BOM:539331) Overvalued in 2026?

Based on GuruFocus' analysis, Veto Switchgears And Cables stock appears to be undervalued. The current stock price of ₹124.95 is trading 22.9% below its estimated GF Value™ of ₹161.99. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • Days Payable: 30.49 (28% below median its 10-year median of 42.35)
  • GF Value™: ₹161.99 vs. price of ₹124.95 (22.9% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 60.9% below the Industrial Products median (#2124 of 2986)

No single metric tells the full story. See the BOM:539331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veto Switchgears And Cables Business Description

Other Exchanges VETO:India
Address Tonk Road, Airport Plaza Scheme, 4th Floor, Plot No. 10, Days Hotel, Behind Hotel Radisson Blu, Durgapur, Jaipur, RJ, IND, 302018
Veto Switchgears And Cables Ltd manufactures electronic goods. Its product portfolio includes Wires, Cables, Electrical accessories, Industrial cables, Fans, Compact fluorescent lamps, Modular switches, Light-emitting diode lights, Immersion heaters, Miniature circuit breakers, Distribution boards, and others. The company's segments include Wire and Cables, Lighting and Fittings, and Accessories and Others. It generates maximum revenue from the Lighting and Fittings segment.
82GF Score

Get the complete analysis for BOM:539331

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

₹124.95
Price
₹161.99
GF Value