Salem Erode Investments (BOM:540181) Days Payable: 20.22 (As of Mar. 2026) — 35% 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:540181 Salem Erode Investments Ltd BOM:540181
62 GF Score
Price ₹33.85
GF Value ₹37.04
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Salem Erode Investments Days Payable?

Salem Erode Investments BOM:540181 -10.45% 62 Days Payable is 20.22 as of Mar. 2026, which is 35% below its 10-year median of 31.25. GuruFocus rates BOM:540181 with a GF Score™ of 62/100 and a GF Value™ of ₹37.04 (Fairly Valued). The stock has 7 warning signs investors should review. Among 301 Credit Services companies, Salem Erode Investments ranks worse than 66.45% on this metric.

Salem Erode Investments's average Accounts Payable for the three months ended in Mar. 2026 was ₹3.19 Mil. Salem Erode Investments's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹14.38 Mil. Hence, Salem Erode Investments's Days Payable for the three months ended in Mar. 2026 was 20.22.

The historical rank and industry rank for Salem Erode Investments's Days Payable or its related term are showing as below:

BOM:540181' s Days Payable Range Over the Past 10 Years
Min: 3.11   Med: 31.25   Max: 169.38
Current: 14.16

During the past 13 years, Salem Erode Investments's highest Days Payable was 169.38. The lowest was 3.11. And the median was 31.25.

BOM:540181's Days Payable is ranked worse than
66.45% of 301 companies
in the Credit Services industry
Industry Median: 33.87 vs BOM:540181: 14.16

Salem Erode Investments's Days Payable increased from Mar. 2025 (7.39) to Mar. 2026 (20.22). It may suggest that Salem Erode Investments delayed paying its suppliers.


Salem Erode Investments Days Payable Historical Data

* Premium members only.

The historical data trend for Salem Erode Investments'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.

Salem Erode Investments Days Payable Chart

Salem Erode Investments 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 35.04 27.45 77.96 41.18 14.86

Salem Erode Investments 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 7.39 8.96 13.28 12.47 20.22

BOM:540181 vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, Salem Erode Investments'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.


Salem Erode Investments Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Salem Erode Investments's Days Payable distribution charts can be found below:

* The bar in red indicates where Salem Erode Investments's Days Payable falls into.


BOM:540181
62GF Score
Salem Erode Investments Ltd BOM:540181
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salem Erode Investments 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.

Salem Erode Investments'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
=( (1.336 + 3.186) / 2 ) / 55.543*365
=2.261 / 55.543*365
=14.86

Salem Erode Investments'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 + 3.186) / 1 ) / 14.376*365 / 4
=3.186 / 14.376*365 / 4
=20.22

* 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 20.22 mean?
Salem Erode Investments (BOM:540181) has a Days Payable of 20.22 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 Salem Erode Investments and its competitors. This is 35% below median its historical median of 31.25. Over the past decade, Salem Erode Investments' Days Payable has ranged from 3.11 to 169.38. According to the industry distribution chart, Salem Erode Investments ranks #200 out of 301 companies in the Credit Services industry, placing it in the top 66.4%.
Is Salem Erode Investments' Days Payable too high?
Salem Erode Investments' current Days Payable of 20.22 is 35% below median its 10-year median of 31.25. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 169.38. The Credit Services industry median Days Payable is 33.87. Salem Erode Investments' value of 20.22 is 40.3% below this industry median. Based on the distribution chart, Salem Erode Investments ranks #200 out of 301 companies in the Credit Services industry, which is below the industry midpoint. Overall, Salem Erode Investments has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Salem Erode Investments' Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Salem Erode Investments ranks #200 out of 301 companies for Days Payable. This places Salem Erode Investments in the lower half of its industry. The industry median Days Payable is 33.87. Salem Erode Investments' value of 20.22 is 40.3% below this benchmark. Historically, Salem Erode Investments' own Days Payable has ranged from 3.11 to 169.38 over the past decade. While the company's 10-year median is 31.25 vs. the industry median of 33.87, Salem Erode Investments 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.87, based on 301 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. Salem Erode Investments's current Days Payable of 20.22 is 40.3% 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 Salem Erode Investments and its competitors. For the Credit Services industry, the median Days Payable is 33.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salem Erode Investments's current Days Payable is 20.22, which is 35% below median its own 10-year median of 31.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salem Erode Investments stock overvalued right now?
Based on GuruFocus' analysis, Salem Erode Investments (BOM:540181) is currently considered Fairly Valued. The stock's GF Value™ is ₹37.04, compared to a current price of ₹33.85 — trading 8.6% below its estimated fair value. The current Days Payable is 20.22, which is 35% below median its 10-year median of 31.25 and 40.3% below the Credit Services industry median of 33.87. Salem Erode Investments' overall GF Score™ is 62/100 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 Salem Erode Investments (BOM:540181), the current Days Payable is 20.22 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 Salem Erode Investments (BOM:540181) Overvalued in 2026?

Based on GuruFocus' analysis, Salem Erode Investments stock appears to be undervalued. The current stock price of ₹33.85 is trading 8.6% below its estimated GF Value™ of ₹37.04. GuruFocus considers Salem Erode Investments to be Fairly Valued.

Key valuation signals for BOM:540181:

  • Days Payable: 20.22 (35% below median its 10-year median of 31.25)
  • GF Value™: ₹37.04 vs. price of ₹33.85 (8.6% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 40.3% below the Credit Services median (#200 of 301)

No single metric tells the full story. See the BOM:540181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Salem Erode Investments Business Description

Address Irinjalakuda Main Road, V. K. K. Building, Thrissur, KL, IND, 680121
Salem Erode Investments Ltd is engaged in the lending and investment business in India. It is a finance company that helps to secure the future financially and helps in the financial crisis. The company invests in listed and unlisted equity shares, debt instruments of companies in a wide range of industries, and mutual funds. It also lends money with or without security. The company generates revenue from interest income and dividends.
62GF Score

Get the complete analysis for BOM:540181

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

₹33.85
Price
₹37.04
GF Value