Marg Techno Projects (BOM:540254) Days Payable: 7.72 (As of Mar. 2026) — 85% Below Median

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BOM:540254 Marg Techno Projects Ltd BOM:540254
66 GF Score
Price ₹14.75
GF Value ₹10.66
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Marg Techno Projects Days Payable?

Marg Techno Projects BOM:540254 +4.98% 66 Days Payable is 7.72 as of Mar. 2026, which is 85% below its 10-year median of 52.84. GuruFocus rates BOM:540254 with a GF Score™ of 66/100 and a GF Value™ of ₹10.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 300 Credit Services companies, Marg Techno Projects ranks worse than 74.67% on this metric.

Marg Techno Projects's average Accounts Payable for the three months ended in Mar. 2026 was ₹2.39 Mil. Marg Techno Projects's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹28.27 Mil. Hence, Marg Techno Projects's Days Payable for the three months ended in Mar. 2026 was 7.72.

The historical rank and industry rank for Marg Techno Projects's Days Payable or its related term are showing as below:

BOM:540254' s Days Payable Range Over the Past 10 Years
Min: 9.48   Med: 52.84   Max: 344.95
Current: 9.48

During the past 13 years, Marg Techno Projects's highest Days Payable was 344.95. The lowest was 9.48. And the median was 52.84.

BOM:540254's Days Payable is ranked worse than
74.67% of 300 companies
in the Credit Services industry
Industry Median: 33.405 vs BOM:540254: 9.48

Marg Techno Projects's Days Payable declined from Mar. 2025 (10.62) to Mar. 2026 (7.72). It may suggest that Marg Techno Projects accelerated paying its suppliers.


Marg Techno Projects Days Payable Historical Data

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The historical data trend for Marg Techno Projects'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.

Marg Techno Projects Days Payable Chart

Marg Techno Projects 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 51.25 53.50 37.29 10.82 17.35

Marg Techno Projects 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 10.62 11.79 7.65 9.10 7.72

BOM:540254 vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, Marg Techno Projects'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.


Marg Techno Projects Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Marg Techno Projects's Days Payable distribution charts can be found below:

* The bar in red indicates where Marg Techno Projects's Days Payable falls into.


BOM:540254
66GF Score
Marg Techno Projects Ltd BOM:540254
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Marg Techno Projects 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.

Marg Techno Projects'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
=( (1.182 + 2.391) / 2 ) / 37.575*365
=1.7865 / 37.575*365
=17.35

Marg Techno Projects'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 + 2.391) / 1 ) / 28.265*365 / 4
=2.391 / 28.265*365 / 4
=7.72

* 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 7.72 mean?
Marg Techno Projects (BOM:540254) has a Days Payable of 7.72 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 Marg Techno Projects and its competitors. This is 85% below median its historical median of 52.84. Over the past decade, Marg Techno Projects' Days Payable has ranged from 9.48 to 344.95. According to the industry distribution chart, Marg Techno Projects ranks #224 out of 300 companies in the Credit Services industry, placing it in the top 74.7%.
Is Marg Techno Projects' Days Payable too high?
Marg Techno Projects' current Days Payable of 7.72 is 85% below median its 10-year median of 52.84. Over the past 10 years, this metric has ranged from a low of 9.48 to a high of 344.95. The Credit Services industry median Days Payable is 33.41. Marg Techno Projects' value of 7.72 is 76.9% below this industry median. Based on the distribution chart, Marg Techno Projects ranks #224 out of 300 companies in the Credit Services industry, which is below the industry midpoint. Overall, Marg Techno Projects has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marg Techno Projects' Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Marg Techno Projects ranks #224 out of 300 companies for Days Payable. This places Marg Techno Projects in the lower half of its industry. The industry median Days Payable is 33.41. Marg Techno Projects' value of 7.72 is 76.9% below this benchmark. Historically, Marg Techno Projects' own Days Payable has ranged from 9.48 to 344.95 over the past decade. While the company's 10-year median is 52.84 vs. the industry median of 33.41, Marg Techno Projects 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 33.41, based on 300 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. Marg Techno Projects's current Days Payable of 7.72 is 76.9% 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 Marg Techno Projects and its competitors. For the Credit Services industry, the median Days Payable is 33.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marg Techno Projects's current Days Payable is 7.72, which is 85% below median its own 10-year median of 52.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marg Techno Projects stock overvalued right now?
Based on GuruFocus' analysis, Marg Techno Projects (BOM:540254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10.66, compared to a current price of ₹14.75 — trading 38.4% above its estimated fair value. The current Days Payable is 7.72, which is 85% below median its 10-year median of 52.84 and 76.9% below the Credit Services industry median of 33.41. Marg Techno Projects' overall GF Score™ is 66/100 with 6 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 Marg Techno Projects (BOM:540254), the current Days Payable is 7.72 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 Marg Techno Projects (BOM:540254) Overvalued in 2026?

Based on GuruFocus' analysis, Marg Techno Projects stock appears to be overvalued. The current stock price of ₹14.75 is trading 38.4% above its estimated GF Value™ of ₹10.66. GuruFocus considers Marg Techno Projects to be Significantly Overvalued.

Key valuation signals for BOM:540254:

  • Days Payable: 7.72 (85% below median its 10-year median of 52.84)
  • GF Value™: ₹10.66 vs. price of ₹14.75 (38.4% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 76.9% below the Credit Services median (#224 of 300)

No single metric tells the full story. See the BOM:540254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marg Techno Projects Business Description

Address 1206, Royal Trade Center, Opposite Star Bazar, Adajan, Surat, GJ, IND, 395009
Marg Techno Projects Ltd operates as a non-banking financial company, focusing on providing a range of financial services including personal loans, gold loans, asset leasing, and venture finance. The company serves individuals and businesses prominently in India, offering tailored financial solutions to meet liquidity needs. It also developed digital platforms for online and doorstep gold loan processing. Revenue is generated from interest income and fees associated with its lending and financial services.
66GF Score

Get the complete analysis for BOM:540254

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

₹14.75
Price
₹10.66
GF Value