Gandhar Oil Refinery (India) (BOM:544029) Days Payable: 41.70 (As of Mar. 2026) — 19% Below Median

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BOM:544029 Gandhar Oil Refinery (India) Ltd BOM:544029
39 GF Score
Price ₹207.80
! 7 Warning Signs
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What is Gandhar Oil Refinery (India) Days Payable?

Gandhar Oil Refinery (India) BOM:544029 -1.42% 39 Days Payable is 41.70 as of Mar. 2026, which is 19% below its 10-year median of 51.46. GuruFocus rates BOM:544029 with a GF Score™ of 39/100. The stock has 7 warning signs investors should review. Among 851 Oil & Gas companies, Gandhar Oil Refinery (India) ranks worse than 66.51% on this metric.

Gandhar Oil Refinery (India)'s average Accounts Payable for the three months ended in Mar. 2026 was ₹4,372 Mil. Gandhar Oil Refinery (India)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹9,568 Mil. Hence, Gandhar Oil Refinery (India)'s Days Payable for the three months ended in Mar. 2026 was 41.70.

The historical rank and industry rank for Gandhar Oil Refinery (India)'s Days Payable or its related term are showing as below:

BOM:544029' s Days Payable Range Over the Past 10 Years
Min: 36.13   Med: 51.46   Max: 101.89
Current: 38.32

During the past 6 years, Gandhar Oil Refinery (India)'s highest Days Payable was 101.89. The lowest was 36.13. And the median was 51.46.

BOM:544029's Days Payable is ranked worse than
66.51% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs BOM:544029: 38.32

Gandhar Oil Refinery (India)'s Days Payable increased from Mar. 2025 (33.83) to Mar. 2026 (41.70). It may suggest that Gandhar Oil Refinery (India) delayed paying its suppliers.


Gandhar Oil Refinery (India) Days Payable Historical Data

* Premium members only.

The historical data trend for Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India) Days Payable Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 61.43 55.61 47.30 36.13 36.55

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 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 33.83 35.82 41.88 37.14 41.70

BOM:544029 vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (India)'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.


Gandhar Oil Refinery (India) Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s Days Payable falls into.


BOM:544029
39GF Score
Gandhar Oil Refinery (India) Ltd BOM:544029
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gandhar Oil Refinery (India) 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.

Gandhar Oil Refinery (India)'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
=( (3146.78 + 4372.2) / 2 ) / 37540.8*365
=3759.49 / 37540.8*365
=36.55

Gandhar Oil Refinery (India)'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 + 4372.2) / 1 ) / 9568.3*365 / 4
=4372.2 / 9568.3*365 / 4
=41.70

* 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 41.70 mean?
Gandhar Oil Refinery (India) (BOM:544029) has a Days Payable of 41.70 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 Gandhar Oil Refinery (India) and its competitors. This is 19% below median its historical median of 51.46. Over the past decade, Gandhar Oil Refinery (India)'s Days Payable has ranged from 36.13 to 101.89. According to the industry distribution chart, Gandhar Oil Refinery (India) ranks #566 out of 851 companies in the Oil & Gas industry, placing it in the top 66.5%.
Is Gandhar Oil Refinery (India)'s Days Payable too high?
Gandhar Oil Refinery (India)'s current Days Payable of 41.70 is 19% below median its 10-year median of 51.46. Over the past 10 years, this metric has ranged from a low of 36.13 to a high of 101.89. The Oil & Gas industry median Days Payable is 57.95. Gandhar Oil Refinery (India)'s value of 41.70 is 28% below this industry median. Based on the distribution chart, Gandhar Oil Refinery (India) ranks #566 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Gandhar Oil Refinery (India) has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Gandhar Oil Refinery (India)'s Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Gandhar Oil Refinery (India) ranks #566 out of 851 companies for Days Payable. This places Gandhar Oil Refinery (India) in the lower half of its industry. The industry median Days Payable is 57.95. Gandhar Oil Refinery (India)'s value of 41.70 is 28% below this benchmark. Historically, Gandhar Oil Refinery (India)'s own Days Payable has ranged from 36.13 to 101.89 over the past decade. While the company's 10-year median is 51.46 vs. the industry median of 57.95, Gandhar Oil Refinery (India) 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Gandhar Oil Refinery (India)'s current Days Payable of 41.70 is 28% 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 Gandhar Oil Refinery (India) and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gandhar Oil Refinery (India)'s current Days Payable is 41.70, which is 19% below median its own 10-year median of 51.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gandhar Oil Refinery (India) stock overvalued right now?
Gandhar Oil Refinery (India) (BOM:544029) has a current Days Payable of 41.70. The current Days Payable is 41.70, which is 19% below median its 10-year median of 51.46 and 28% below the Oil & Gas industry median of 57.95. Gandhar Oil Refinery (India)'s overall GF Score™ is 39/100 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 Gandhar Oil Refinery (India) (BOM:544029), the current Days Payable is 41.70 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.

Gandhar Oil Refinery (India) Business Description

Industry EnergyOil & Gas
Other Exchanges GANDHAR:India
Address S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400062
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The company has only one reportable segment: petroleum products - specialty oils. The geographical segments include the Domestic Market and Overseas Markets.
39GF Score

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

₹207.80
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