Vivid Mercantile (BOM:542046) Days Payable: 38.24 (As of Mar. 2026) — 11% Above 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:542046 Vivid Mercantile Ltd BOM:542046
72 GF Score
Price ₹6.17
GF Value ₹23.54
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Vivid Mercantile Days Payable?

Vivid Mercantile BOM:542046 +1.15% 72 Days Payable is 38.24 as of Mar. 2026, which is 11% above its 10-year median of 34.33. GuruFocus rates BOM:542046 with a GF Score™ of 72/100 and a GF Value™ of ₹23.54 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 945 Business Services companies, Vivid Mercantile ranks worse than 52.28% on this metric.

Vivid Mercantile's average Accounts Payable for the three months ended in Mar. 2026 was ₹80.7 Mil. Vivid Mercantile's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹192.5 Mil. Hence, Vivid Mercantile's Days Payable for the three months ended in Mar. 2026 was 38.24.

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

BOM:542046' s Days Payable Range Over the Past 10 Years
Min: 0.55   Med: 34.33   Max: 1781.55
Current: 42.91

During the past 13 years, Vivid Mercantile's highest Days Payable was 1781.55. The lowest was 0.55. And the median was 34.33.

BOM:542046's Days Payable is ranked worse than
52.28% of 945 companies
in the Business Services industry
Industry Median: 45.76 vs BOM:542046: 42.91

Vivid Mercantile's Days Payable increased from Dec. 2024 (0.08) to Mar. 2026 (38.24). It may suggest that Vivid Mercantile delayed paying its suppliers.


Vivid Mercantile Days Payable Historical Data

* Premium members only.

The historical data trend for Vivid Mercantile'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.

Vivid Mercantile Days Payable Chart

Vivid Mercantile 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 0.55 13.14 4.61 1.05 42.92

Vivid Mercantile Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 0.08 0.84 0.00 0.00 38.24

BOM:542046 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Vivid Mercantile'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.


Vivid Mercantile Days Payable vs Business Services Industry

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

* The bar in red indicates where Vivid Mercantile's Days Payable falls into.


BOM:542046
72GF Score
Vivid Mercantile Ltd BOM:542046
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivid Mercantile 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.

Vivid Mercantile'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
=( (0.379 + 80.677) / 2 ) / 344.635*365
=40.528 / 344.635*365
=42.92

Vivid Mercantile'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 + 80.677) / 1 ) / 192.504*365 / 4
=80.677 / 192.504*365 / 4
=38.24

* 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 38.24 mean?
Vivid Mercantile (BOM:542046) has a Days Payable of 38.24 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 Vivid Mercantile and its competitors. This is 11% above median its historical median of 34.33. Over the past decade, Vivid Mercantile's Days Payable has ranged from 0.55 to 1,781.55. According to the industry distribution chart, Vivid Mercantile ranks #494 out of 945 companies in the Business Services industry, placing it in the top 52.3%.
Is Vivid Mercantile's Days Payable too high?
Vivid Mercantile's current Days Payable of 38.24 is 11% above median its 10-year median of 34.33. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1,781.55. The Business Services industry median Days Payable is 45.76. Vivid Mercantile's value of 38.24 is 16.4% below this industry median. Based on the distribution chart, Vivid Mercantile ranks #494 out of 945 companies in the Business Services industry, which is below the industry midpoint. Overall, Vivid Mercantile has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vivid Mercantile's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Vivid Mercantile ranks #494 out of 945 companies for Days Payable. This places Vivid Mercantile in the lower half of its industry. The industry median Days Payable is 45.76. Vivid Mercantile's value of 38.24 is 16.4% below this benchmark. Historically, Vivid Mercantile's own Days Payable has ranged from 0.55 to 1,781.55 over the past decade. While the company's 10-year median is 34.33 vs. the industry median of 45.76, Vivid Mercantile 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 45.76, 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. Vivid Mercantile's current Days Payable of 38.24 is 16.4% 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 Vivid Mercantile and its competitors. For the Business Services industry, the median Days Payable is 45.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivid Mercantile's current Days Payable is 38.24, which is 11% above median its own 10-year median of 34.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivid Mercantile stock overvalued right now?
Based on GuruFocus' analysis, Vivid Mercantile (BOM:542046) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹23.54, compared to a current price of ₹6.17 — trading 73.8% below its estimated fair value. The current Days Payable is 38.24, which is 11% above median its 10-year median of 34.33 and 16.4% below the Business Services industry median of 45.76. Vivid Mercantile's overall GF Score™ is 72/100 with 1 warning sign 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 Vivid Mercantile (BOM:542046), the current Days Payable is 38.24 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 Vivid Mercantile (BOM:542046) Overvalued in 2026?

Based on GuruFocus' analysis, Vivid Mercantile stock appears to be undervalued. The current stock price of ₹6.17 is trading 73.8% below its estimated GF Value™ of ₹23.54. GuruFocus considers Vivid Mercantile to be Significantly Undervalued.

Key valuation signals for BOM:542046:

  • Days Payable: 38.24 (11% above median its 10-year median of 34.33)
  • GF Value™: ₹23.54 vs. price of ₹6.17 (73.8% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 16.4% below the Business Services median (#494 of 945)

No single metric tells the full story. See the BOM:542046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vivid Mercantile Business Description

Address Basement Medicare Centre, Behind M. J. Library, Opposite Stock Exchange, Ellisbridge, Ahmedabad, GJ, IND, 380006
Vivid Mercantile Ltd is engaged in the business of printing, trading of general merchandise, and real estate. It main focus is in real estate sector that include development and sale of land, residential properties including identification and acquisition of land, development of land & infrastructure, acquisition of development rights of projects, marketing of projects/land.
72GF Score

Get the complete analysis for BOM:542046

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

₹6.17
Price
₹23.54
GF Value