Palm Jewels (BOM:541444) Days Payable: 1.89 (As of Mar. 2026) — 13% 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:541444 Palm Jewels Ltd BOM:541444
71 GF Score
Price ₹15.25
GF Value ₹26.28
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Palm Jewels Days Payable?

Palm Jewels BOM:541444 +1.67% 71 Days Payable is 1.89 as of Mar. 2026, which is 13% below its 10-year median of 2.16. GuruFocus rates BOM:541444 with a GF Score™ of 71/100 and a GF Value™ of ₹26.28 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,103 Retail - Cyclical companies, Palm Jewels ranks worse than 96.46% on this metric.

Palm Jewels's average Accounts Payable for the three months ended in Mar. 2026 was ₹10 Mil. Palm Jewels's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹482 Mil. Hence, Palm Jewels's Days Payable for the three months ended in Mar. 2026 was 1.89.

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

BOM:541444' s Days Payable Range Over the Past 10 Years
Min: 1.12   Med: 2.16   Max: 41.37
Current: 3.06

During the past 13 years, Palm Jewels's highest Days Payable was 41.37. The lowest was 1.12. And the median was 2.16.

BOM:541444's Days Payable is ranked worse than
96.46% of 1103 companies
in the Retail - Cyclical industry
Industry Median: 51.29 vs BOM:541444: 3.06

Palm Jewels's Days Payable increased from Mar. 2025 (1.03) to Mar. 2026 (1.89). It may suggest that Palm Jewels delayed paying its suppliers.


Palm Jewels Days Payable Historical Data

* Premium members only.

The historical data trend for Palm Jewels'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.

Palm Jewels Days Payable Chart

Palm Jewels 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 1.29 1.12 1.17 1.14 1.42

Palm Jewels 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 1.03 1.06 7.07 5.02 1.89

BOM:541444 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Palm Jewels'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.


Palm Jewels Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Palm Jewels's Days Payable distribution charts can be found below:

* The bar in red indicates where Palm Jewels's Days Payable falls into.


BOM:541444
71GF Score
Palm Jewels Ltd BOM:541444
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Palm Jewels 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.

Palm Jewels'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
=( (4.102 + 9.977) / 2 ) / 1813.738*365
=7.0395 / 1813.738*365
=1.42

Palm Jewels'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 + 9.977) / 1 ) / 482.386*365 / 4
=9.977 / 482.386*365 / 4
=1.89

* 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 1.89 mean?
Palm Jewels (BOM:541444) has a Days Payable of 1.89 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 Palm Jewels and its competitors. This is 13% below median its historical median of 2.16. Over the past decade, Palm Jewels' Days Payable has ranged from 1.12 to 41.37. According to the industry distribution chart, Palm Jewels ranks #1064 out of 1103 companies in the Retail - Cyclical industry, placing it in the top 96.5%.
Is Palm Jewels' Days Payable too high?
Palm Jewels' current Days Payable of 1.89 is 13% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 41.37. The Retail - Cyclical industry median Days Payable is 51.29. Palm Jewels' value of 1.89 is 96.3% below this industry median. Based on the distribution chart, Palm Jewels ranks #1064 out of 1103 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Palm Jewels has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Palm Jewels' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Palm Jewels ranks #1064 out of 1103 companies for Days Payable. This places Palm Jewels in the lower half of its industry. The industry median Days Payable is 51.29. Palm Jewels' value of 1.89 is 96.3% below this benchmark. Historically, Palm Jewels' own Days Payable has ranged from 1.12 to 41.37 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 51.29, Palm Jewels 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.29, based on 1,103 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. Palm Jewels's current Days Payable of 1.89 is 96.3% 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 Palm Jewels and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palm Jewels's current Days Payable is 1.89, which is 13% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palm Jewels stock overvalued right now?
Based on GuruFocus' analysis, Palm Jewels (BOM:541444) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹26.28, compared to a current price of ₹15.25 — trading 42% below its estimated fair value. The current Days Payable is 1.89, which is 13% below median its 10-year median of 2.16 and 96.3% below the Retail - Cyclical industry median of 51.29. Palm Jewels' overall GF Score™ is 71/100 with 3 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 Palm Jewels (BOM:541444), the current Days Payable is 1.89 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 Palm Jewels (BOM:541444) Overvalued in 2026?

Based on GuruFocus' analysis, Palm Jewels stock appears to be undervalued. The current stock price of ₹15.25 is trading 42% below its estimated GF Value™ of ₹26.28. GuruFocus considers Palm Jewels to be Significantly Undervalued.

Key valuation signals for BOM:541444:

  • Days Payable: 1.89 (13% below median its 10-year median of 2.16)
  • GF Value™: ₹26.28 vs. price of ₹15.25 (42% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 96.3% below the Retail - Cyclical median (#1064 of 1103)

No single metric tells the full story. See the BOM:541444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Palm Jewels Business Description

Address Chimanlal Girdharlal Road, Near Lal Bunglow, C-205, D-205, 2nd Floor, Super Mall, Navrangpura, Ahmedabad, GJ, IND, 380009
Palm Jewels Ltd is engaged in the manufacturing and wholesale trade of gold and silver jewellery, including various designs and specifications. It procures gold and silver mainly from the bullion market and partially from local markets in Ahmedabad. The finished jewellery products, such as gold chains, bracelets, necklaces, silver payal, silver zuda, and silver items, are sold directly to wholesale and retail stores throughout Gujarat. The company has also expanded its sales to other parts of India through B2B and direct/outbound marketing strategies.
71GF Score

Get the complete analysis for BOM:541444

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

₹15.25
Price
₹26.28
GF Value