Manoj Ceramic (BOM:544073) Days Payable: 38.58 (As of Mar. 2026) — 45% Below Median

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BOM:544073 Manoj Ceramic Ltd BOM:544073
41 GF Score
Price ₹74.95
! 7 Warning Signs
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What is Manoj Ceramic Days Payable?

Manoj Ceramic BOM:544073 41 Days Payable is 38.58 as of Mar. 2026, which is 45% below its 10-year median of 70.14. GuruFocus rates BOM:544073 with a GF Score™ of 41/100. The stock has 7 warning signs investors should review. Among 395 Building Materials companies, Manoj Ceramic ranks worse than 71.39% on this metric.

Manoj Ceramic's average Accounts Payable for the six months ended in Mar. 2026 was ₹214 Mil. Manoj Ceramic's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,011 Mil. Hence, Manoj Ceramic's Days Payable for the six months ended in Mar. 2026 was 38.58.

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

BOM:544073' s Days Payable Range Over the Past 10 Years
Min: 43.18   Med: 70.14   Max: 186.77
Current: 45.42

During the past 6 years, Manoj Ceramic's highest Days Payable was 186.77. The lowest was 43.18. And the median was 70.14.

BOM:544073's Days Payable is ranked worse than
71.39% of 395 companies
in the Building Materials industry
Industry Median: 69.2 vs BOM:544073: 45.42

Manoj Ceramic's Days Payable declined from Mar. 2025 (41.85) to Mar. 2026 (38.58). It may suggest that Manoj Ceramic accelerated paying its suppliers.


Manoj Ceramic Days Payable Historical Data

* Premium members only.

The historical data trend for Manoj Ceramic'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.

Manoj Ceramic Days Payable Chart

Manoj Ceramic Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 142.49 77.34 62.94 43.18 49.57

Manoj Ceramic Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 42.23 49.45 41.85 50.79 38.58

BOM:544073 vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Manoj Ceramic'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.


Manoj Ceramic Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Manoj Ceramic's Days Payable distribution charts can be found below:

* The bar in red indicates where Manoj Ceramic's Days Payable falls into.


BOM:544073
41GF Score
Manoj Ceramic Ltd BOM:544073
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manoj Ceramic 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.

Manoj Ceramic'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
=( (190.992 + 258.969) / 2 ) / 1656.579*365
=224.9805 / 1656.579*365
=49.57

Manoj Ceramic'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
=( (168.414 + 258.969) / 2 ) / 1010.831*365 / 2
=213.6915 / 1010.831*365 / 2
=38.58

* 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 38.58 mean?
Manoj Ceramic (BOM:544073) has a Days Payable of 38.58 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 Manoj Ceramic and its competitors. This is 45% below median its historical median of 70.14. Over the past decade, Manoj Ceramic's Days Payable has ranged from 43.18 to 186.77. According to the industry distribution chart, Manoj Ceramic ranks #282 out of 395 companies in the Building Materials industry, placing it in the top 71.4%.
Is Manoj Ceramic's Days Payable too high?
Manoj Ceramic's current Days Payable of 38.58 is 45% below median its 10-year median of 70.14. Over the past 10 years, this metric has ranged from a low of 43.18 to a high of 186.77. The Building Materials industry median Days Payable is 69.20. Manoj Ceramic's value of 38.58 is 44.2% below this industry median. Based on the distribution chart, Manoj Ceramic ranks #282 out of 395 companies in the Building Materials industry, which is below the industry midpoint. Overall, Manoj Ceramic has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Manoj Ceramic's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Manoj Ceramic ranks #282 out of 395 companies for Days Payable. This places Manoj Ceramic in the lower half of its industry. The industry median Days Payable is 69.20. Manoj Ceramic's value of 38.58 is 44.2% below this benchmark. Historically, Manoj Ceramic's own Days Payable has ranged from 43.18 to 186.77 over the past decade. While the company's 10-year median is 70.14 vs. the industry median of 69.20, Manoj Ceramic 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.20, based on 395 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. Manoj Ceramic's current Days Payable of 38.58 is 44.2% 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 Manoj Ceramic and its competitors. For the Building Materials industry, the median Days Payable is 69.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manoj Ceramic's current Days Payable is 38.58, which is 45% below median its own 10-year median of 70.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Ceramic stock overvalued right now?
Manoj Ceramic (BOM:544073) has a current Days Payable of 38.58. The current Days Payable is 38.58, which is 45% below median its 10-year median of 70.14 and 44.2% below the Building Materials industry median of 69.20. Manoj Ceramic's overall GF Score™ is 41/100 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 Manoj Ceramic (BOM:544073), the current Days Payable is 38.58 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.

Manoj Ceramic Business Description

Address Unit No. 2 to 8, Building No. 19-24, Indian Corporation Compound, Mankoli Naka, Bhiwandi, Anjur, Thane, MH, IND, 421302
Manoj Ceramic Ltd is engaged in trading ceramic tiles and tile adhesive under its own brand "MCPL" through a dealer network, retail showrooms, wholesale (B2B), and exports. It specializes in two products: ceramic tiles and tile adhesive. Its segment includes the widest range of wall and floor tiles.
41GF Score

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

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