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.
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.
CWDBOM:543378 -2.11%69 Days Payable is 50.04 as of Mar. 2026, which is 64% below its 10-year median of 139.44. GuruFocus rates BOM:543378 with a GF Score™ of 69/100 and a GF Value™ of ₹4,309.66 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,440 Hardware companies, CWD ranks worse than 56.27% on this metric.
CWD's average Accounts Payable for the
six
months ended in Mar. 2026 was ₹230 Mil. CWD's Cost of Goods Sold for the
six
months ended in Mar. 2026 was ₹838 Mil.
Hence, CWD's Days Payable for the
six
months ended in Mar. 2026 was 50.04.
The historical rank and industry rank for CWD's Days Payable or its related term are showing as below:
BOM:543378'
s Days Payable Range Over the Past 10 Years
Min: 39.44 Med: 139.44 Max: 266.23
Current: 63.15
During the past 7 years, CWD's highest Days Payable was 266.23. The lowest was 39.44. And the median was 139.44.
BOM:543378's Days Payable is ranked worse than 56.27% of 2440
companies
in the Hardware industry
Industry Median: 69.955
vs BOM:543378: 63.15
CWD's Days Payable
declined
from Mar. 2025 (147.76) to Mar. 2026 (50.04).
It may suggest that CWDaccelerated paying its suppliers.
The historical data trend for CWD'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.
BOM:543378 vs APH, GLW, TEL: Days Payable Comparison
For the Electronic Components subindustry, CWD'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.
CWD Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, CWD's Days Payable distribution charts can be found below:
* The bar in red indicates where CWD'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.
CWD'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.
CWD (BOM:543378) has a Days Payable of 50.04 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 CWD and its competitors. This is 64% below median its historical median of 139.44. Over the past decade, CWD's Days Payable has ranged from 39.44 to 266.23. According to the industry distribution chart, CWD ranks #1373 out of 2440 companies in the Hardware industry, placing it in the top 56.3%.
Is CWD's Days Payable too high?
CWD's current Days Payable of 50.04 is 64% below median its 10-year median of 139.44. Over the past 10 years, this metric has ranged from a low of 39.44 to a high of 266.23. The Hardware industry median Days Payable is 69.96. CWD's value of 50.04 is 28.5% below this industry median. Based on the distribution chart, CWD ranks #1373 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, CWD has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CWD's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, CWD ranks #1373 out of 2440 companies for Days Payable. This places CWD in the lower half of its industry. The industry median Days Payable is 69.96. CWD's value of 50.04 is 28.5% below this benchmark. Historically, CWD's own Days Payable has ranged from 39.44 to 266.23 over the past decade. While the company's 10-year median is 139.44 vs. the industry median of 69.96, CWD 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 Hardware company?
The median Days Payable among Hardware companies is 69.96, based on 2,440 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. CWD's current Days Payable of 50.04 is 28.5% 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 CWD and its competitors. For the Hardware industry, the median Days Payable is 69.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CWD's current Days Payable is 50.04, which is 64% below median its own 10-year median of 139.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWD stock overvalued right now?
Based on GuruFocus' analysis, CWD (BOM:543378) is currently considered Possible Value Trap. The stock's GF Value™ is ₹4,309.66, compared to a current price of ₹301.95 — trading 93% below its estimated fair value. The current Days Payable is 50.04, which is 64% below median its 10-year median of 139.44 and 28.5% below the Hardware industry median of 69.96. CWD's overall GF Score™ is 69/100 with 7 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 CWD (BOM:543378), the current Days Payable is 50.04 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 CWD (BOM:543378) Overvalued in 2026?
Based on GuruFocus' analysis, CWD stock appears to be undervalued.
The current stock price of ₹301.95 is trading 93% below its estimated GF Value™ of ₹4,309.66.
GuruFocus considers CWD to be Possible Value Trap.
Key valuation signals for BOM:543378:
Days Payable: 50.04 (64% below median its 10-year median of 139.44)
GF Value™: ₹4,309.66 vs. price of ₹301.95 (93% below fair value)
Industry Position: 28.5% below the Hardware median (#1373 of 2440)
No single metric tells the full story. See the BOM:543378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CWD Ltd is an Information and Communication Technology (ICT) company specializing in designing, developing, manufacturing, and selling integrated wireless technology solutions. The company focuses on wireless communication technologies including NFC, Bluetooth BLE, Wi-Fi, Zigbee, LoRa, 5G LTE, NB-IoT, and LTE CAT M1. Its diversified product portfolio includes smart medical consumer electronics, vaccine tracking and delivery devices, farm cattle tracking systems, smart power meter electronics, employee safety and identity solutions, smart lighting components, and Bluetooth low energy modules. CWD also has subsidiaries and has expanded its footprint through acquisitions. CWD operates in two prominent segments, Consumer Electronics and Design and Development of Technology Solutions.
69GF Score
Get the complete analysis for BOM:543378
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:543378 has been successfully added to your 
