Shiva Granito Export (BOM:540072) Days Payable: 146.15 (As of Sep. 2025) — 51% Above Median

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BOM:540072 Shiva Granito Export Ltd BOM:540072
63 GF Score
Price ₹12.83
GF Value ₹21.05
Valuation Possible Value Trap
! 7 Warning Signs
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What is Shiva Granito Export Days Payable?

Shiva Granito Export BOM:540072 63 Days Payable is 146.15 as of Sep. 2025, which is 51% above its 10-year median of 96.91. GuruFocus rates BOM:540072 with a GF Score™ of 63/100 and a GF Value™ of ₹21.05 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 395 Building Materials companies, Shiva Granito Export ranks worse than 64.3% on this metric.

Shiva Granito Export's average Accounts Payable for the six months ended in Sep. 2025 was ₹13.02 Mil. Shiva Granito Export's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹16.25 Mil. Hence, Shiva Granito Export's Days Payable for the six months ended in Sep. 2025 was 146.15.

The historical rank and industry rank for Shiva Granito Export's Days Payable or its related term are showing as below:

BOM:540072' s Days Payable Range Over the Past 10 Years
Min: 50.22   Med: 96.91   Max: 290.54
Current: 51.11

During the past 13 years, Shiva Granito Export's highest Days Payable was 290.54. The lowest was 50.22. And the median was 96.91.

BOM:540072's Days Payable is ranked worse than
64.3% of 395 companies
in the Building Materials industry
Industry Median: 69.35 vs BOM:540072: 51.11

Shiva Granito Export's Days Payable declined from Sep. 2024 (157.52) to Sep. 2025 (146.15). It may suggest that Shiva Granito Export accelerated paying its suppliers.


Shiva Granito Export Days Payable Historical Data

* Premium members only.

The historical data trend for Shiva Granito Export'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.

Shiva Granito Export Days Payable Chart

Shiva Granito Export 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 125.83 94.96 290.54 139.81 82.96

Shiva Granito Export Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 1,520.35 50.56 157.52 40.39 146.15

BOM:540072 vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Shiva Granito Export'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.


Shiva Granito Export Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shiva Granito Export's Days Payable distribution charts can be found below:

* The bar in red indicates where Shiva Granito Export's Days Payable falls into.


BOM:540072
63GF Score
Shiva Granito Export Ltd BOM:540072
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiva Granito Export 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.

Shiva Granito Export'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
=( (12.281 + 20.59) / 2 ) / 72.311*365
=16.4355 / 72.311*365
=82.96

Shiva Granito Export's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (20.59 + 5.441) / 2 ) / 16.253*365 / 2
=13.0155 / 16.253*365 / 2
=146.15

* 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 146.15 mean?
Shiva Granito Export (BOM:540072) has a Days Payable of 146.15 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shiva Granito Export and its competitors. This is 51% above median its historical median of 96.91. Over the past decade, Shiva Granito Export's Days Payable has ranged from 50.22 to 290.54. According to the industry distribution chart, Shiva Granito Export ranks #254 out of 395 companies in the Building Materials industry, placing it in the top 64.3%.
Is Shiva Granito Export's Days Payable too high?
Shiva Granito Export's current Days Payable of 146.15 is 51% above median its 10-year median of 96.91. Over the past 10 years, this metric has ranged from a low of 50.22 to a high of 290.54. The Building Materials industry median Days Payable is 69.35. Shiva Granito Export's value of 146.15 is 110.7% above this industry median. Based on the distribution chart, Shiva Granito Export ranks #254 out of 395 companies in the Building Materials industry, which is below the industry midpoint. Overall, Shiva Granito Export has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shiva Granito Export's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Shiva Granito Export ranks #254 out of 395 companies for Days Payable. This places Shiva Granito Export in the lower half of its industry. The industry median Days Payable is 69.35. Shiva Granito Export's value of 146.15 is 110.7% above this benchmark. Historically, Shiva Granito Export's own Days Payable has ranged from 50.22 to 290.54 over the past decade. While the company's 10-year median is 96.91 vs. the industry median of 69.35, Shiva Granito Export 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.35, based on 395 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. Shiva Granito Export's current Days Payable of 146.15 is 110.7% 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 Shiva Granito Export and its competitors. For the Building Materials industry, the median Days Payable is 69.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiva Granito Export's current Days Payable is 146.15, which is 51% above median its own 10-year median of 96.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiva Granito Export stock overvalued right now?
Based on GuruFocus' analysis, Shiva Granito Export (BOM:540072) is currently considered Possible Value Trap. The stock's GF Value™ is ₹21.05, compared to a current price of ₹12.83 — trading 39% below its estimated fair value. The current Days Payable is 146.15, which is 51% above median its 10-year median of 96.91 and 110.7% above the Building Materials industry median of 69.35. Shiva Granito Export's overall GF Score™ is 63/100 with 7 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 Shiva Granito Export (BOM:540072), the current Days Payable is 146.15 as of Sep. 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 Shiva Granito Export (BOM:540072) Overvalued in 2026?

Based on GuruFocus' analysis, Shiva Granito Export stock appears to be undervalued. The current stock price of ₹12.83 is trading 39% below its estimated GF Value™ of ₹21.05. GuruFocus considers Shiva Granito Export to be Possible Value Trap.

Key valuation signals for BOM:540072:

  • Days Payable: 146.15 (51% above median its 10-year median of 96.91)
  • GF Value™: ₹21.05 vs. price of ₹12.83 (39% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 110.7% above the Building Materials median (#254 of 395)

No single metric tells the full story. See the BOM:540072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shiva Granito Export Business Description

Address 8, Bhatt ji Ki Baari, Udaipur, RJ, IND, 313001
Shiva Granito Export Ltd manufactures and exports marble and granite products to various international markets. The company also produces engineered quartz stone slabs, resins, and quartz powder. Its operations include quarrying, processing, and manufacturing of natural stone products, supported by a manufacturing facility with backward integration. Revenue is generated from the indigenous and export sales of its marble, granite, and engineered stone products, catering to customers in various countries.
63GF Score

Get the complete analysis for BOM:540072

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

₹12.83
Price
₹21.05
GF Value