Shangar Decor (BOM:540259) Days Payable: 45.80 (As of Mar. 2026) — 92% Below Median


BOM:540259 Shangar Decor Ltd BOM:540259
56 GF Score
Price ₹0.24
GF Value ₹0.31
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Shangar Decor Days Payable?

Shangar Decor BOM:540259 +4.35% 56 Days Payable is 45.80 as of Mar. 2026, which is 92% below its 10-year median of 564.49. GuruFocus rates BOM:540259 with a GF Score™ of 56/100 and a GF Value™ of ₹0.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 945 Business Services companies, Shangar Decor ranks better than 80% on this metric.

Shangar Decor's average Accounts Payable for the three months ended in Mar. 2026 was ₹48.9 Mil. Shangar Decor's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹97.4 Mil. Hence, Shangar Decor's Days Payable for the three months ended in Mar. 2026 was 45.80.

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

BOM:540259' s Days Payable Range Over the Past 10 Years
Min: 122.42   Med: 564.49   Max: 2764.75
Current: 122.42

During the past 13 years, Shangar Decor's highest Days Payable was 2764.75. The lowest was 122.42. And the median was 564.49.

BOM:540259's Days Payable is ranked better than
80% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs BOM:540259: 122.42

Shangar Decor's Days Payable declined from Mar. 2025 (119.04) to Mar. 2026 (45.80). It may suggest that Shangar Decor accelerated paying its suppliers.


Shangar Decor Days Payable Historical Data

* Premium members only.

The historical data trend for Shangar Decor'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.

Shangar Decor Days Payable Chart

Shangar Decor 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 889.05 617.65 511.32 494.34 125.82

Shangar Decor 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 119.04 1,114.07 408.46 139.46 45.80

BOM:540259 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Shangar Decor'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.


Shangar Decor Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Shangar Decor's Days Payable distribution charts can be found below:

* The bar in red indicates where Shangar Decor's Days Payable falls into.


BOM:540259
56GF Score
Shangar Decor Ltd BOM:540259
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shangar Decor 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.

Shangar Decor'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
=( (47.847 + 48.876) / 2 ) / 140.298*365
=48.3615 / 140.298*365
=125.82

Shangar Decor'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 + 48.876) / 1 ) / 97.374*365 / 4
=48.876 / 97.374*365 / 4
=45.80

* 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 45.80 mean?
Shangar Decor (BOM:540259) has a Days Payable of 45.80 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 Shangar Decor and its competitors. This is 92% below median its historical median of 564.49. Over the past decade, Shangar Decor's Days Payable has ranged from 122.42 to 2,764.75. According to the industry distribution chart, Shangar Decor ranks #189 out of 945 companies in the Business Services industry, placing it in the top 20%.
Is Shangar Decor's Days Payable too high?
Shangar Decor's current Days Payable of 45.80 is 92% below median its 10-year median of 564.49. Over the past 10 years, this metric has ranged from a low of 122.42 to a high of 2,764.75. The Business Services industry median Days Payable is 46.11. Shangar Decor's value of 45.80 is 0.7% below this industry median. Based on the distribution chart, Shangar Decor ranks #189 out of 945 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Shangar Decor has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shangar Decor's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Shangar Decor ranks #189 out of 945 companies for Days Payable. This places Shangar Decor in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 46.11. Shangar Decor's value of 45.80 is 0.7% below this benchmark. Historically, Shangar Decor's own Days Payable has ranged from 122.42 to 2,764.75 over the past decade. While the company's 10-year median is 564.49 vs. the industry median of 46.11, Shangar Decor 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. Shangar Decor's current Days Payable of 45.80 is 0.7% 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 Shangar Decor and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shangar Decor's current Days Payable is 45.80, which is 92% below median its own 10-year median of 564.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangar Decor stock overvalued right now?
Based on GuruFocus' analysis, Shangar Decor (BOM:540259) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.31, compared to a current price of ₹0.24 — trading 22.6% below its estimated fair value. The current Days Payable is 45.80, which is 92% below median its 10-year median of 564.49 and 0.7% below the Business Services industry median of 46.11. Shangar Decor's overall GF Score™ is 56/100 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 Shangar Decor (BOM:540259), the current Days Payable is 45.80 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 Shangar Decor (BOM:540259) Overvalued in 2026?

Based on GuruFocus' analysis, Shangar Decor stock appears to be undervalued. The current stock price of ₹0.24 is trading 22.6% below its estimated GF Value™ of ₹0.31. GuruFocus considers Shangar Decor to be Modestly Undervalued.

Key valuation signals for BOM:540259:

  • Days Payable: 45.80 (92% below median its 10-year median of 564.49)
  • GF Value™: ₹0.31 vs. price of ₹0.24 (22.6% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 0.7% below the Business Services median (#189 of 945)

No single metric tells the full story. See the BOM:540259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shangar Decor Business Description

Address 4, Sharad Flats, Opposite Dharnidhar Derasar, Behind Sales India, Paldi, Ahmedabad, GJ, IND, 380007
Shangar Decor Ltd is a company engaged in the decoration business. Its services include themed wedding decor, pre-wedding decor, corporate event decor, religious event decor, and catering services. The company operates in a single segment: Decoration and Event Management.
56GF Score

Get the complete analysis for BOM:540259

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

₹0.24
Price
₹0.31
GF Value