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Jigar CablesBOM:540651 83 Days Payable is 9.84 as of Mar. 2026, which is 56% below its 10-year median of 22.13. GuruFocus rates BOM:540651 with a GF Score™ of 83/100 and a GF Value™ of ₹64.34 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,995 Industrial Products companies, Jigar Cables ranks worse than 98.66% on this metric.
The historical rank and industry rank for Jigar Cables's Days Payable or its related term are showing as below:
BOM:540651'
s Days Payable Range Over the Past 10 Years
Min: 2.28 Med: 22.13 Max: 351.26
Current: 8.16
During the past 13 years, Jigar Cables's highest Days Payable was 351.26. The lowest was 2.28. And the median was 22.13.
BOM:540651's Days Payable is ranked worse than 98.66% of 2995
companies
in the Industrial Products industry
Industry Median: 78.05
vs BOM:540651: 8.16
Jigar Cables's Days Payable
increased
from Mar. 2025 (5.29) to Mar. 2026 (9.84).
It may suggest that Jigar Cablesdelayed paying its suppliers.
Jigar Cables Days Payable Related Terms
Jigar Cables Days Payable Historical Data
* Premium members only.
The historical data trend for Jigar Cables'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.
For the Electrical Equipment & Parts subindustry, Jigar Cables'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.
Jigar Cables Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jigar Cables's Days Payable distribution charts can be found below:
* The bar in red indicates where Jigar Cables's Days Payable falls into.
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.
Jigar Cables's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Jigar Cables (BOM:540651) has a Days Payable of 9.84 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 Jigar Cables and its competitors. This is 56% below median its historical median of 22.13. Over the past decade, Jigar Cables' Days Payable has ranged from 2.28 to 351.26. According to the industry distribution chart, Jigar Cables ranks #2955 out of 2995 companies in the Industrial Products industry, placing it in the top 98.7%.
Is Jigar Cables' Days Payable too high?
Jigar Cables' current Days Payable of 9.84 is 56% below median its 10-year median of 22.13. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 351.26. The Industrial Products industry median Days Payable is 78.05. Jigar Cables' value of 9.84 is 87.4% below this industry median. Based on the distribution chart, Jigar Cables ranks #2955 out of 2995 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Jigar Cables has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jigar Cables' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jigar Cables ranks #2955 out of 2995 companies for Days Payable. This places Jigar Cables in the lower half of its industry. The industry median Days Payable is 78.05. Jigar Cables' value of 9.84 is 87.4% below this benchmark. Historically, Jigar Cables' own Days Payable has ranged from 2.28 to 351.26 over the past decade. While the company's 10-year median is 22.13 vs. the industry median of 78.05, Jigar Cables 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,995 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. Jigar Cables's current Days Payable of 9.84 is 87.4% 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 Jigar Cables and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jigar Cables's current Days Payable is 9.84, which is 56% below median its own 10-year median of 22.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jigar Cables stock overvalued right now?
Based on GuruFocus' analysis, Jigar Cables (BOM:540651) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹64.34, compared to a current price of ₹71.95 — trading 11.8% above its estimated fair value. The current Days Payable is 9.84, which is 56% below median its 10-year median of 22.13 and 87.4% below the Industrial Products industry median of 78.05. Jigar Cables' overall GF Score™ is 83/100 with 8 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 Jigar Cables (BOM:540651), the current Days Payable is 9.84 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 Jigar Cables (BOM:540651) Overvalued in 2026?
Based on GuruFocus' analysis, Jigar Cables stock appears to be overvalued.
The current stock price of ₹71.95 is trading 11.8% above its estimated GF Value™ of ₹64.34.
GuruFocus considers Jigar Cables to be Modestly Overvalued.
Key valuation signals for BOM:540651:
Days Payable: 9.84 (56% below median its 10-year median of 22.13)
GF Value™: ₹64.34 vs. price of ₹71.95 (11.8% above fair value)
Industry Position: 87.4% below the Industrial Products median (#2955 of 2995)
No single metric tells the full story. See the BOM:540651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jigar Cables Ltd is a manufacturer of electric wires and cables in India, known for its "SIGMA" brand. The company operates with a manufacturing facility in Gondal, Gujarat. It produces various products including submersible flat cables, flexible cables, LT PVC cables, aerial bunched cables, and house wires, catering to industrial, commercial, and residential applications. The company has a wholly-owned subsidiary, Jigar Polymers Ltd, for backward integration by manufacturing PVC and XLPE raw materials. Revenue is mostly from manufacturing and sales of cables and wires under its SIGMA brand.
83GF Score
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