Siyaram Recycling Industries (BOM:544047) Days Payable: 37.71 (As of Mar. 2026) — 54% Above Median

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BOM:544047 Siyaram Recycling Industries Ltd BOM:544047
35 GF Score
Price ₹40.42
! 9 Warning Signs
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What is Siyaram Recycling Industries Days Payable?

Siyaram Recycling Industries BOM:544047 -2.18% 35 Days Payable is 37.71 as of Mar. 2026, which is 54% above its 10-year median of 24.41. GuruFocus rates BOM:544047 with a GF Score™ of 35/100. The stock has 9 warning signs investors should review. Among 2,991 Industrial Products companies, Siyaram Recycling Industries ranks worse than 83.48% on this metric.

Siyaram Recycling Industries's average Accounts Payable for the six months ended in Mar. 2026 was ₹278 Mil. Siyaram Recycling Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,345 Mil. Hence, Siyaram Recycling Industries's Days Payable for the six months ended in Mar. 2026 was 37.71.

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

BOM:544047' s Days Payable Range Over the Past 10 Years
Min: 21.33   Med: 24.41   Max: 83
Current: 34.56

During the past 6 years, Siyaram Recycling Industries's highest Days Payable was 83.00. The lowest was 21.33. And the median was 24.41.

BOM:544047's Days Payable is ranked worse than
83.48% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs BOM:544047: 34.56

Siyaram Recycling Industries's Days Payable increased from Mar. 2025 (28.45) to Mar. 2026 (37.71). It may suggest that Siyaram Recycling Industries delayed paying its suppliers.


Siyaram Recycling Industries Days Payable Historical Data

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The historical data trend for Siyaram Recycling 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.

Siyaram Recycling Industries Days Payable Chart

Siyaram Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 26.48 21.33 21.33 22.33 34.17

Siyaram Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 20.36 22.64 28.45 32.71 37.71

BOM:544047 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Siyaram Recycling 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.


Siyaram Recycling Industries Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siyaram Recycling Industries's Days Payable distribution charts can be found below:

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


BOM:544047
35GF Score
Siyaram Recycling Industries Ltd BOM:544047
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Siyaram Recycling 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.

Siyaram Recycling 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
=( (379.448 + 237.178) / 2 ) / 3293.287*365
=308.313 / 3293.287*365
=34.17

Siyaram Recycling 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
=( (318.787 + 237.178) / 2 ) / 1345.346*365 / 2
=277.9825 / 1345.346*365 / 2
=37.71

* 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 37.71 mean?
Siyaram Recycling Industries (BOM:544047) has a Days Payable of 37.71 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 Siyaram Recycling Industries and its competitors. This is 54% above median its historical median of 24.41. Over the past decade, Siyaram Recycling Industries' Days Payable has ranged from 21.33 to 83.00. According to the industry distribution chart, Siyaram Recycling Industries ranks #2497 out of 2991 companies in the Industrial Products industry, placing it in the top 83.5%.
Is Siyaram Recycling Industries' Days Payable too high?
Siyaram Recycling Industries' current Days Payable of 37.71 is 54% above median its 10-year median of 24.41. Over the past 10 years, this metric has ranged from a low of 21.33 to a high of 83.00. The Industrial Products industry median Days Payable is 77.97. Siyaram Recycling Industries' value of 37.71 is 51.6% below this industry median. Based on the distribution chart, Siyaram Recycling Industries ranks #2497 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Siyaram Recycling Industries has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Siyaram Recycling Industries' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Siyaram Recycling Industries ranks #2497 out of 2991 companies for Days Payable. This places Siyaram Recycling Industries in the lower half of its industry. The industry median Days Payable is 77.97. Siyaram Recycling Industries' value of 37.71 is 51.6% below this benchmark. Historically, Siyaram Recycling Industries' own Days Payable has ranged from 21.33 to 83.00 over the past decade. While the company's 10-year median is 24.41 vs. the industry median of 77.97, Siyaram Recycling Industries 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Siyaram Recycling Industries's current Days Payable of 37.71 is 51.6% 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 Siyaram Recycling Industries and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siyaram Recycling Industries's current Days Payable is 37.71, which is 54% above median its own 10-year median of 24.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siyaram Recycling Industries stock overvalued right now?
Siyaram Recycling Industries (BOM:544047) has a current Days Payable of 37.71. The current Days Payable is 37.71, which is 54% above median its 10-year median of 24.41 and 51.6% below the Industrial Products industry median of 77.97. Siyaram Recycling Industries' overall GF Score™ is 35/100 with 9 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 Siyaram Recycling Industries (BOM:544047), the current Days Payable is 37.71 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.

Siyaram Recycling Industries Business Description

Address Plot No. 6 & 7, Village: Lakhabaval Post: Khodiyar Colony, Jamnagar, GJ, IND, 361006
Siyaram Recycling Industries Ltd is primarily engaged in the segregation of brass scrap, manufacturing of brass ingots, billets and brass rods and manufacturing of brass-based components such as plumbing and sanitary parts. The company also manufactures brass ingots, billets and rods through brass scrap and is mainly exported to China. Additionally, it supplies brass ingots to esteemed customers in India such as Astral Limited, Kajaria Bathware and AGI Greenpac. It procures brass scrap mainly from international market such as USA, UK, Europe and Middle East. Post procurement, segregation of brass is done and is mainly sold by in Gujarat.
35GF Score

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