Variman Global Enterprises (BOM:540570) Days Payable: 49.99 (As of Mar. 2026) — 47% Above Median

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BOM:540570 Variman Global Enterprises Ltd BOM:540570
61 GF Score
Price ₹4.35
GF Value ₹16.47
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Variman Global Enterprises Days Payable?

Variman Global Enterprises BOM:540570 -2.68% 61 Days Payable is 49.99 as of Mar. 2026, which is 47% above its 10-year median of 34.05. GuruFocus rates BOM:540570 with a GF Score™ of 61/100 and a GF Value™ of ₹16.47 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,608 Software companies, Variman Global Enterprises ranks better than 53.72% on this metric.

Variman Global Enterprises's average Accounts Payable for the three months ended in Mar. 2026 was ₹203 Mil. Variman Global Enterprises's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹371 Mil. Hence, Variman Global Enterprises's Days Payable for the three months ended in Mar. 2026 was 49.99.

The historical rank and industry rank for Variman Global Enterprises's Days Payable or its related term are showing as below:

BOM:540570' s Days Payable Range Over the Past 10 Years
Min: 11.98   Med: 34.05   Max: 440.2
Current: 59.33

During the past 13 years, Variman Global Enterprises's highest Days Payable was 440.20. The lowest was 11.98. And the median was 34.05.

BOM:540570's Days Payable is ranked better than
53.72% of 2608 companies
in the Software industry
Industry Median: 52.785 vs BOM:540570: 59.33

Variman Global Enterprises's Days Payable declined from Mar. 2025 (107.98) to Mar. 2026 (49.99). It may suggest that Variman Global Enterprises accelerated paying its suppliers.


Variman Global Enterprises Days Payable Historical Data

* Premium members only.

The historical data trend for Variman Global Enterprises'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.

Variman Global Enterprises Days Payable Chart

Variman Global Enterprises 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 25.99 26.87 45.22 55.17 57.79

Variman Global Enterprises 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 107.98 50.06 92.64 63.37 49.99

BOM:540570 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Variman Global Enterprises'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.


Variman Global Enterprises Days Payable vs Software Industry

For the Software industry and Technology sector, Variman Global Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Variman Global Enterprises's Days Payable falls into.


BOM:540570
61GF Score
Variman Global Enterprises Ltd BOM:540570
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Variman Global Enterprises 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.

Variman Global Enterprises'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
=( (159.284 + 203.184) / 2 ) / 1144.68*365
=181.234 / 1144.68*365
=57.79

Variman Global Enterprises'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 + 203.184) / 1 ) / 370.878*365 / 4
=203.184 / 370.878*365 / 4
=49.99

* 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 49.99 mean?
Variman Global Enterprises (BOM:540570) has a Days Payable of 49.99 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 Variman Global Enterprises and its competitors. This is 47% above median its historical median of 34.05. Over the past decade, Variman Global Enterprises' Days Payable has ranged from 11.98 to 440.20. According to the industry distribution chart, Variman Global Enterprises ranks #1207 out of 2608 companies in the Software industry, placing it in the top 46.3%.
Is Variman Global Enterprises' Days Payable too high?
Variman Global Enterprises' current Days Payable of 49.99 is 47% above median its 10-year median of 34.05. Over the past 10 years, this metric has ranged from a low of 11.98 to a high of 440.20. The Software industry median Days Payable is 52.79. Variman Global Enterprises' value of 49.99 is 5.3% below this industry median. Based on the distribution chart, Variman Global Enterprises ranks #1207 out of 2608 companies in the Software industry, which is above the industry midpoint. Overall, Variman Global Enterprises has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Variman Global Enterprises' Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Variman Global Enterprises ranks #1207 out of 2608 companies for Days Payable. This puts Variman Global Enterprises in the upper half of its industry. The industry median Days Payable is 52.79. Variman Global Enterprises' value of 49.99 is 5.3% below this benchmark. Historically, Variman Global Enterprises' own Days Payable has ranged from 11.98 to 440.20 over the past decade. While the company's 10-year median is 34.05 vs. the industry median of 52.79, Variman Global Enterprises 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,608 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. Variman Global Enterprises's current Days Payable of 49.99 is 5.3% 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 Variman Global Enterprises and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Variman Global Enterprises's current Days Payable is 49.99, which is 47% above median its own 10-year median of 34.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Variman Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Variman Global Enterprises (BOM:540570) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹16.47, compared to a current price of ₹4.35 — trading 73.6% below its estimated fair value. The current Days Payable is 49.99, which is 47% above median its 10-year median of 34.05 and 5.3% below the Software industry median of 52.79. Variman Global Enterprises' overall GF Score™ is 61/100 with 4 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 Variman Global Enterprises (BOM:540570), the current Days Payable is 49.99 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 Variman Global Enterprises (BOM:540570) Overvalued in 2026?

Based on GuruFocus' analysis, Variman Global Enterprises stock appears to be undervalued. The current stock price of ₹4.35 is trading 73.6% below its estimated GF Value™ of ₹16.47. GuruFocus considers Variman Global Enterprises to be Significantly Undervalued.

Key valuation signals for BOM:540570:

  • Days Payable: 49.99 (47% above median its 10-year median of 34.05)
  • GF Value™: ₹16.47 vs. price of ₹4.35 (73.6% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 5.3% below the Software median (#1207 of 2608)

No single metric tells the full story. See the BOM:540570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Variman Global Enterprises Business Description

Address Gagan Mahal, 3rd & 4th Floor, 1-2- 217/10, Domalguda, Hyderabad, TG, IND, 500029
Variman Global Enterprises Ltd is an India-based company engaged in the business of providing solutions through software development, IT Infrastructure solutions, and distributing IT Hardware to clients and partners through aggressive market developments and continuous improvements through agility. The Company acts as a strategic link between vendors to partners and clients, thus readying them for unprecedented levels of business performance by catering to SOHO, SMB, Mid size, Large Enterprises and Government Organizations across various industry verticals.
61GF Score

Get the complete analysis for BOM:540570

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

₹4.35
Price
₹16.47
GF Value