Mahip Industries (BOM:542503) Days Payable: 715.93 (As of Mar. 2026) — 294% Above Median

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BOM:542503 Mahip Industries Ltd BOM:542503
24 GF Score
Price ₹18.40
! 3 Warning Signs
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What is Mahip Industries Days Payable?

Mahip Industries BOM:542503 -0.16% 24 Days Payable is 715.93 as of Mar. 2026, which is 294% above its 10-year median of 181.79. GuruFocus rates BOM:542503 with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 383 Packaging & Containers companies, Mahip Industries ranks better than 97.13% on this metric.

Mahip Industries's average Accounts Payable for the six months ended in Mar. 2026 was ₹47.23 Mil. Mahip Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹12.04 Mil. Hence, Mahip Industries's Days Payable for the six months ended in Mar. 2026 was 715.93.

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

BOM:542503' s Days Payable Range Over the Past 10 Years
Min: 11.83   Med: 181.79   Max: 314.15
Current: 245.59

During the past 13 years, Mahip Industries's highest Days Payable was 314.15. The lowest was 11.83. And the median was 181.79.

BOM:542503's Days Payable is ranked better than
97.13% of 383 companies
in the Packaging & Containers industry
Industry Median: 57.27 vs BOM:542503: 245.59

Mahip Industries's Days Payable increased from Mar. 2025 (48.14) to Mar. 2026 (715.93). It may suggest that Mahip Industries delayed paying its suppliers.


Mahip Industries Days Payable Historical Data

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The historical data trend for Mahip Industries'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.

Mahip Industries Days Payable Chart

Mahip Industries 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 314.15 0.00 243.47 118.89 181.79

Mahip Industries Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 470.98 706.51 48.14 169.33 715.93

BOM:542503 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Mahip Industries'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.


Mahip Industries Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mahip Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Mahip Industries's Days Payable falls into.


BOM:542503
24GF Score
Mahip Industries Ltd BOM:542503
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahip Industries 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.

Mahip Industries'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
=( (28.357 + 32.253) / 2 ) / 60.846*365
=30.305 / 60.846*365
=181.79

Mahip Industries'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (62.21 + 32.253) / 2 ) / 12.04*365 / 2
=47.2315 / 12.04*365 / 2
=715.93

* 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 715.93 mean?
Mahip Industries (BOM:542503) has a Days Payable of 715.93 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 Mahip Industries and its competitors. This is 294% above median its historical median of 181.79. Over the past decade, Mahip Industries' Days Payable has ranged from 11.83 to 314.15. According to the industry distribution chart, Mahip Industries ranks #11 out of 383 companies in the Packaging & Containers industry, placing it in the top 2.9%.
Is Mahip Industries' Days Payable too high?
Mahip Industries' current Days Payable of 715.93 is 294% above median its 10-year median of 181.79. Over the past 10 years, this metric has ranged from a low of 11.83 to a high of 314.15. The Packaging & Containers industry median Days Payable is 57.27. Mahip Industries' value of 715.93 is 1150.1% above this industry median. Based on the distribution chart, Mahip Industries ranks #11 out of 383 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Mahip Industries has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mahip Industries' Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Mahip Industries ranks #11 out of 383 companies for Days Payable. This places Mahip Industries in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.27. Mahip Industries' value of 715.93 is 1150.1% above this benchmark. Historically, Mahip Industries' own Days Payable has ranged from 11.83 to 314.15 over the past decade. While the company's 10-year median is 181.79 vs. the industry median of 57.27, Mahip Industries has consistently been above 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 383 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. Mahip Industries's current Days Payable of 715.93 is 1150.1% above 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 Mahip Industries and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahip Industries's current Days Payable is 715.93, which is 294% above median its own 10-year median of 181.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahip Industries stock overvalued right now?
Mahip Industries (BOM:542503) has a current Days Payable of 715.93. The current Days Payable is 715.93, which is 294% above median its 10-year median of 181.79 and 1150.1% above the Packaging & Containers industry median of 57.27. Mahip Industries' overall GF Score™ is 24/100 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 Mahip Industries (BOM:542503), the current Days Payable is 715.93 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.

Mahip Industries Business Description

Address Dholka Bagodara Highway, Survey No.127, Jalalpur - Godhneshwar, Ahmedabad, Gujrat, IND, 387810
Mahip Industries Ltd is a manufacturer and trader of corrugated boxes. The company offers corrugated boxes for milk and biscuits, drugs and medicines, processed and semi-processed foods, edible oils, fruits and vegetables, and electronic goods.
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