GTV Engineering (BOM:539479) Days Payable: 17.02 (As of Jun. 2026) — 50% Below 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:539479 GTV Engineering Ltd BOM:539479
75 GF Score
Price ₹63.91
GF Value ₹49.95
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is GTV Engineering Days Payable?

GTV Engineering BOM:539479 +2.52% 75 Days Payable is 17.02 as of Jun. 2026, which is 50% below its 10-year median of 34.16. GuruFocus rates BOM:539479 with a GF Score™ of 75/100 and a GF Value™ of ₹49.95 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,013 Industrial Products companies, GTV Engineering ranks worse than 91.24% on this metric.

GTV Engineering's average Accounts Payable for the three months ended in Jun. 2026 was ₹48 Mil. GTV Engineering's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹255 Mil. Hence, GTV Engineering's Days Payable for the three months ended in Jun. 2026 was 17.02.

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

BOM:539479' s Days Payable Range Over the Past 10 Years
Min: 4.89   Med: 34.16   Max: 69.48
Current: 24.83

During the past 5 years, GTV Engineering's highest Days Payable was 69.48. The lowest was 4.89. And the median was 34.16.

BOM:539479's Days Payable is ranked worse than
91.24% of 3013 companies
in the Industrial Products industry
Industry Median: 78.58 vs BOM:539479: 24.83

GTV Engineering's Days Payable declined from Jun. 2025 (39.37) to Jun. 2026 (17.02). It may suggest that GTV Engineering accelerated paying its suppliers.


GTV Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for GTV 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.

GTV Engineering Days Payable Chart

GTV Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
16.19 10.00 4.79 14.65 23.38

GTV Engineering Quarterly Data
Jun20 Sep20 Dec20 Jun21 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 39.37 33.09 33.59 17.77 17.02

BOM:539479 vs ATI, CRS, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, GTV 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.


GTV Engineering Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, GTV Engineering's Days Payable distribution charts can be found below:

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


BOM:539479
75GF Score
GTV Engineering Ltd BOM:539479
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GTV 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.

GTV 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
=( (53.698236 + 47.607522) / 2 ) / 790.715613*365
=50.652879 / 790.715613*365
=23.38

GTV Engineering'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
=( (47.607522 + ) / 1 ) / 255.266*365 / 4
=47.607522 / 255.266*365 / 4
=17.02

* 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 17.02 mean?
GTV Engineering (BOM:539479) has a Days Payable of 17.02 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 GTV Engineering and its competitors. This is 50% below median its historical median of 34.16. Over the past decade, GTV Engineering's Days Payable has ranged from 4.89 to 69.48. According to the industry distribution chart, GTV Engineering ranks #2749 out of 3013 companies in the Industrial Products industry, placing it in the top 91.2%.
Is GTV Engineering's Days Payable too high?
GTV Engineering's current Days Payable of 17.02 is 50% below median its 10-year median of 34.16. Over the past 10 years, this metric has ranged from a low of 4.89 to a high of 69.48. The Industrial Products industry median Days Payable is 78.58. GTV Engineering's value of 17.02 is 78.3% below this industry median. Based on the distribution chart, GTV Engineering ranks #2749 out of 3013 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, GTV Engineering has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GTV Engineering's Days Payable compare to ATI and CRS?
According to the Industrial Products industry distribution chart, GTV Engineering ranks #2749 out of 3013 companies for Days Payable. This places GTV Engineering in the lower half of its industry. The industry median Days Payable is 78.58. GTV Engineering's value of 17.02 is 78.3% below this benchmark. Historically, GTV Engineering's own Days Payable has ranged from 4.89 to 69.48 over the past decade. While the company's 10-year median is 34.16 vs. the industry median of 78.58, GTV 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.58, based on 3,013 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. GTV Engineering's current Days Payable of 17.02 is 78.3% 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 GTV Engineering and its competitors. For the Industrial Products industry, the median Days Payable is 78.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTV Engineering's current Days Payable is 17.02, which is 50% below median its own 10-year median of 34.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTV Engineering stock overvalued right now?
Based on GuruFocus' analysis, GTV Engineering (BOM:539479) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹49.95, compared to a current price of ₹63.91 — trading 27.9% above its estimated fair value. The current Days Payable is 17.02, which is 50% below median its 10-year median of 34.16 and 78.3% below the Industrial Products industry median of 78.58. GTV Engineering's overall GF Score™ is 75/100 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 GTV Engineering (BOM:539479), the current Days Payable is 17.02 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 GTV Engineering (BOM:539479) Overvalued in 2026?

Based on GuruFocus' analysis, GTV Engineering stock appears to be overvalued. The current stock price of ₹63.91 is trading 27.9% above its estimated GF Value™ of ₹49.95. GuruFocus considers GTV Engineering to be Modestly Overvalued.

Key valuation signals for BOM:539479:

  • Days Payable: 17.02 (50% below median its 10-year median of 34.16)
  • GF Value™: ₹49.95 vs. price of ₹63.91 (27.9% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 78.3% below the Industrial Products median (#2749 of 3013)

No single metric tells the full story. See the BOM:539479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GTV Engineering Business Description

Address New Industrial Area-II, Plot Number 216-217-218, Mandideep, District Raisen, Bhopal, MP, IND, 462046
GTV Engineering Ltd is mainly engaged in steel fabrication. Its product offerings include penstokes, distributor pipes, stator frames, boiler stacks, ball mills, coal bins, stove shells, gas coolers, anchor plates, grit cones, fan blades, etc. The company caters to the heavy engineering needs of its clients across various sectors such as steel, hydro, thermal, cement, mining and minerals, etc. Its primary business segments are: Hi-Tech Fabrication Engineering, Flour Division, and Agro Product Trading. The majority of its revenue is generated from the Hi-Tech Fabrication segment.
75GF Score

Get the complete analysis for BOM:539479

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

₹63.91
Price
₹49.95
GF Value