Elitecon International (BOM:539533) Days Payable: 24.53 (As of Dec. 2025) — 84% 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:539533 Elitecon International Ltd BOM:539533
58 GF Score
Price ₹15.55
GF Value ₹2.12
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Elitecon International Days Payable?

Elitecon International BOM:539533 -3.36% 58 Days Payable is 24.53 as of Dec. 2025, which is 84% below its 10-year median of 157.34. GuruFocus rates BOM:539533 with a GF Score™ of 58/100 and a GF Value™ of ₹2.12 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 47 Tobacco Products companies, Elitecon International ranks worse than 91.49% on this metric.

Elitecon International's average Accounts Payable for the three months ended in Dec. 2025 was ₹4,261 Mil. Elitecon International's Cost of Goods Sold for the three months ended in Dec. 2025 was ₹15,848 Mil. Hence, Elitecon International's Days Payable for the three months ended in Dec. 2025 was 24.53.

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

BOM:539533' s Days Payable Range Over the Past 10 Years
Min: 18.29   Med: 157.34   Max: 5311.06
Current: 18.29

During the past 11 years, Elitecon International's highest Days Payable was 5311.06. The lowest was 18.29. And the median was 157.34.

BOM:539533's Days Payable is ranked worse than
91.49% of 47 companies
in the Tobacco Products industry
Industry Median: 54 vs BOM:539533: 18.29

Elitecon International's Days Payable declined from Dec. 2024 (171.97) to Dec. 2025 (24.53). It may suggest that Elitecon International accelerated paying its suppliers.


Elitecon International Days Payable Historical Data

* Premium members only.

The historical data trend for Elitecon International'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.

Elitecon International Days Payable Chart

Elitecon International Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,311.06 593.60 151.24 322.34 40.10

Elitecon International Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 171.97 26.05 15.87 19.29 24.53

BOM:539533 vs PM, MO, TPB: Days Payable Comparison

For the Tobacco subindustry, Elitecon International'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.


Elitecon International Days Payable vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Elitecon International's Days Payable distribution charts can be found below:

* The bar in red indicates where Elitecon International's Days Payable falls into.


BOM:539533
58GF Score
Elitecon International Ltd BOM:539533
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elitecon International 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.

Elitecon International's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (262.593 + 761.389) / 2 ) / 4659.771*365
=511.991 / 4659.771*365
=40.10

Elitecon International's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (4260.942 + 0) / 1 ) / 15847.872*365 / 4
=4260.942 / 15847.872*365 / 4
=24.53

* 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 24.53 mean?
Elitecon International (BOM:539533) has a Days Payable of 24.53 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Elitecon International and its competitors. This is 84% below median its historical median of 157.34. Over the past decade, Elitecon International's Days Payable has ranged from 18.29 to 5,311.06. According to the industry distribution chart, Elitecon International ranks #43 out of 47 companies in the Tobacco Products industry, placing it in the top 91.5%.
Is Elitecon International's Days Payable too high?
Elitecon International's current Days Payable of 24.53 is 84% below median its 10-year median of 157.34. Over the past 10 years, this metric has ranged from a low of 18.29 to a high of 5,311.06. The Tobacco Products industry median Days Payable is 54.00. Elitecon International's value of 24.53 is 54.6% below this industry median. Based on the distribution chart, Elitecon International ranks #43 out of 47 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Elitecon International has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elitecon International's Days Payable compare to PM and MO?
According to the Tobacco Products industry distribution chart, Elitecon International ranks #43 out of 47 companies for Days Payable. This places Elitecon International in the lower half of its industry. The industry median Days Payable is 54.00. Elitecon International's value of 24.53 is 54.6% below this benchmark. Historically, Elitecon International's own Days Payable has ranged from 18.29 to 5,311.06 over the past decade. While the company's 10-year median is 157.34 vs. the industry median of 54.00, Elitecon International 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 Tobacco Products company?
The median Days Payable among Tobacco Products companies is 54.00, based on 47 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. Elitecon International's current Days Payable of 24.53 is 54.6% 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 Elitecon International and its competitors. For the Tobacco Products industry, the median Days Payable is 54.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elitecon International's current Days Payable is 24.53, which is 84% below median its own 10-year median of 157.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elitecon International stock overvalued right now?
Based on GuruFocus' analysis, Elitecon International (BOM:539533) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.12, compared to a current price of ₹15.55 — trading 633.5% above its estimated fair value. The current Days Payable is 24.53, which is 84% below median its 10-year median of 157.34 and 54.6% below the Tobacco Products industry median of 54.00. Elitecon International's overall GF Score™ is 58/100 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 Elitecon International (BOM:539533), the current Days Payable is 24.53 as of Dec. 2025. 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 Elitecon International (BOM:539533) Overvalued in 2026?

Based on GuruFocus' analysis, Elitecon International stock appears to be overvalued. The current stock price of ₹15.55 is trading 633.5% above its estimated GF Value™ of ₹2.12. GuruFocus considers Elitecon International to be Significantly Overvalued.

Key valuation signals for BOM:539533:

  • Days Payable: 24.53 (84% below median its 10-year median of 157.34)
  • GF Value™: ₹2.12 vs. price of ₹15.55 (633.5% above fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 54.6% below the Tobacco Products median (#43 of 47)

No single metric tells the full story. See the BOM:539533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elitecon International Business Description

Address NH-19, CRRI, AltF 101, TR-442, Okhla - 4th Floor, 101, Ishwar Nagar, Okhla, Tugalkabad, South Delhi, Delhi, IND, 110044
Elitecon International Ltd operates in the manufacturing and trading of tobacco products including cigarettes, smoking mixtures, and sheesha. The company serves both domestic and international markets, with notable exports to regions such as the Middle East, Asia, and Europe. Elitecon has expanded its portfolio to include fast-moving consumer goods (FMCG), with upcoming plans to introduce products like snacks, edible oils, and other essentials. Its revenue is generated majorly through the sale of tobacco-based products and FMCG items, supported by a manufacturing infrastructure focused on innovation and sustainability. The company has two reportable segments, "tobacco and allied products" and "Agro Commodities".
58GF Score

Get the complete analysis for BOM:539533

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

₹15.55
Price
₹2.12
GF Value