Mazagon Dock Shipbuilders (BOM:543237) Days Payable: 146.49 (As of Mar. 2026) — 45% Below Median

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BOM:543237 Mazagon Dock Shipbuilders Ltd BOM:543237
93 GF Score
Price ₹2,342.95
GF Value ₹2,812.75
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Mazagon Dock Shipbuilders Days Payable?

Mazagon Dock Shipbuilders BOM:543237 -0.75% 93 Days Payable is 146.49 as of Mar. 2026, which is 45% below its 10-year median of 266.61. GuruFocus rates BOM:543237 with a GF Score™ of 93/100 and a GF Value™ of ₹2,812.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 339 Aerospace & Defense companies, Mazagon Dock Shipbuilders ranks better than 77.88% on this metric.

Mazagon Dock Shipbuilders's average Accounts Payable for the three months ended in Mar. 2026 was ₹45,126 Mil. Mazagon Dock Shipbuilders's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹28,109 Mil. Hence, Mazagon Dock Shipbuilders's Days Payable for the three months ended in Mar. 2026 was 146.49.

The historical rank and industry rank for Mazagon Dock Shipbuilders's Days Payable or its related term are showing as below:

BOM:543237' s Days Payable Range Over the Past 10 Years
Min: 147.46   Med: 266.61   Max: 705.92
Current: 176.78

During the past 10 years, Mazagon Dock Shipbuilders's highest Days Payable was 705.92. The lowest was 147.46. And the median was 266.61.

BOM:543237's Days Payable is ranked better than
77.88% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs BOM:543237: 176.78

Mazagon Dock Shipbuilders's Days Payable declined from Mar. 2025 (168.40) to Mar. 2026 (146.49). It may suggest that Mazagon Dock Shipbuilders accelerated paying its suppliers.


Mazagon Dock Shipbuilders Days Payable Historical Data

* Premium members only.

The historical data trend for Mazagon Dock Shipbuilders'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.

Mazagon Dock Shipbuilders Days Payable Chart

Mazagon Dock Shipbuilders 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 564.49 345.56 244.67 212.88 180.20

Mazagon Dock Shipbuilders 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 168.40 264.64 182.83 149.83 146.49

BOM:543237 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Mazagon Dock Shipbuilders'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.


Mazagon Dock Shipbuilders Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mazagon Dock Shipbuilders's Days Payable distribution charts can be found below:

* The bar in red indicates where Mazagon Dock Shipbuilders's Days Payable falls into.


BOM:543237
93GF Score
Mazagon Dock Shipbuilders Ltd BOM:543237
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mazagon Dock Shipbuilders 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.

Mazagon Dock Shipbuilders'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
=( (37386.3 + 45126.2) / 2 ) / 83563.9*365
=41256.25 / 83563.9*365
=180.20

Mazagon Dock Shipbuilders'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 + 45126.2) / 1 ) / 28109.2*365 / 4
=45126.2 / 28109.2*365 / 4
=146.49

* 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 146.49 mean?
Mazagon Dock Shipbuilders (BOM:543237) has a Days Payable of 146.49 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 Mazagon Dock Shipbuilders and its competitors. This is 45% below median its historical median of 266.61. Over the past decade, Mazagon Dock Shipbuilders' Days Payable has ranged from 147.46 to 705.92. According to the industry distribution chart, Mazagon Dock Shipbuilders ranks #75 out of 339 companies in the Aerospace & Defense industry, placing it in the top 22.1%.
Is Mazagon Dock Shipbuilders' Days Payable too high?
Mazagon Dock Shipbuilders' current Days Payable of 146.49 is 45% below median its 10-year median of 266.61. Over the past 10 years, this metric has ranged from a low of 147.46 to a high of 705.92. The Aerospace & Defense industry median Days Payable is 64.65. Mazagon Dock Shipbuilders' value of 146.49 is 126.6% above this industry median. Based on the distribution chart, Mazagon Dock Shipbuilders ranks #75 out of 339 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Mazagon Dock Shipbuilders has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazagon Dock Shipbuilders' Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Mazagon Dock Shipbuilders ranks #75 out of 339 companies for Days Payable. This places Mazagon Dock Shipbuilders in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.65. Mazagon Dock Shipbuilders' value of 146.49 is 126.6% above this benchmark. Historically, Mazagon Dock Shipbuilders' own Days Payable has ranged from 147.46 to 705.92 over the past decade. While the company's 10-year median is 266.61 vs. the industry median of 64.65, Mazagon Dock Shipbuilders 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. Mazagon Dock Shipbuilders's current Days Payable of 146.49 is 126.6% 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 Mazagon Dock Shipbuilders and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mazagon Dock Shipbuilders's current Days Payable is 146.49, which is 45% below median its own 10-year median of 266.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazagon Dock Shipbuilders stock overvalued right now?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders (BOM:543237) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,812.75, compared to a current price of ₹2,342.95 — trading 16.7% below its estimated fair value. The current Days Payable is 146.49, which is 45% below median its 10-year median of 266.61 and 126.6% above the Aerospace & Defense industry median of 64.65. Mazagon Dock Shipbuilders' overall GF Score™ is 93/100 with 2 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 Mazagon Dock Shipbuilders (BOM:543237), the current Days Payable is 146.49 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 Mazagon Dock Shipbuilders (BOM:543237) Overvalued in 2026?

Based on GuruFocus' analysis, Mazagon Dock Shipbuilders stock appears to be undervalued. The current stock price of ₹2,342.95 is trading 16.7% below its estimated GF Value™ of ₹2,812.75. GuruFocus considers Mazagon Dock Shipbuilders to be Modestly Undervalued.

Key valuation signals for BOM:543237:

  • Days Payable: 146.49 (45% below median its 10-year median of 266.61)
  • GF Value™: ₹2,812.75 vs. price of ₹2,342.95 (16.7% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 126.6% above the Aerospace & Defense median (#75 of 339)

No single metric tells the full story. See the BOM:543237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mazagon Dock Shipbuilders Business Description

Other Exchanges MAZDOCK:India
Address Dockyard Road, Mazagon, Mumbai, MH, IND, 400010
Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The company is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, ferries, tugs, dredgers, barges, submarines, merchant ships, etc., with facilities situated in Mumbai and Nhava. It also offers ship designing, ship repairs and refit, tug support, and other related services. The company is organized into two segments: Shipbuilding and Submarine (New Construction and Repairs) and others.
93GF Score

Get the complete analysis for BOM:543237

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

₹2,342.95
Price
₹2,812.75
GF Value