Shree Marutinandan Tubes (BOM:544083) Days Payable: 46.61 (As of Mar. 2026) — Near Median

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BOM:544083 Shree Marutinandan Tubes Ltd BOM:544083
43 GF Score
Price ₹48.50
! 3 Warning Signs
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What is Shree Marutinandan Tubes Days Payable?

Shree Marutinandan Tubes BOM:544083 43 Days Payable is 46.61 as of Mar. 2026, which is 4% above its 10-year median of 44.87. GuruFocus rates BOM:544083 with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 155 Industrial Distribution companies, Shree Marutinandan Tubes ranks worse than 52.26% on this metric.

Shree Marutinandan Tubes's average Accounts Payable for the six months ended in Mar. 2026 was ₹164 Mil. Shree Marutinandan Tubes's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹642 Mil. Hence, Shree Marutinandan Tubes's Days Payable for the six months ended in Mar. 2026 was 46.61.

The historical rank and industry rank for Shree Marutinandan Tubes's Days Payable or its related term are showing as below:

BOM:544083' s Days Payable Range Over the Past 10 Years
Min: 24.24   Med: 44.87   Max: 66.96
Current: 55.58

During the past 6 years, Shree Marutinandan Tubes's highest Days Payable was 66.96. The lowest was 24.24. And the median was 44.87.

BOM:544083's Days Payable is ranked worse than
52.26% of 155 companies
in the Industrial Distribution industry
Industry Median: 56.57 vs BOM:544083: 55.58

Shree Marutinandan Tubes's Days Payable declined from Mar. 2025 (64.66) to Mar. 2026 (46.61). It may suggest that Shree Marutinandan Tubes accelerated paying its suppliers.


Shree Marutinandan Tubes Days Payable Historical Data

* Premium members only.

The historical data trend for Shree Marutinandan Tubes'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.

Shree Marutinandan Tubes Days Payable Chart

Shree Marutinandan Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 38.44 45.02 24.24 62.38 66.96

Shree Marutinandan Tubes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 34.09 26.63 64.66 52.69 46.61

BOM:544083 vs GWW, FAST, FERG: Days Payable Comparison

For the Industrial Distribution subindustry, Shree Marutinandan Tubes'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.


Shree Marutinandan Tubes Days Payable vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shree Marutinandan Tubes's Days Payable distribution charts can be found below:

* The bar in red indicates where Shree Marutinandan Tubes's Days Payable falls into.


BOM:544083
43GF Score
Shree Marutinandan Tubes Ltd BOM:544083
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shree Marutinandan Tubes 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.

Shree Marutinandan Tubes'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
=( (305.782 + 203.358) / 2 ) / 1387.564*365
=254.57 / 1387.564*365
=66.96

Shree Marutinandan Tubes'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
=( (124.677 + 203.358) / 2 ) / 642.145*365 / 2
=164.0175 / 642.145*365 / 2
=46.61

* 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 46.61 mean?
Shree Marutinandan Tubes (BOM:544083) has a Days Payable of 46.61 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 Shree Marutinandan Tubes and its competitors. This is near median its historical median of 44.87. Over the past decade, Shree Marutinandan Tubes' Days Payable has ranged from 24.24 to 66.96. According to the industry distribution chart, Shree Marutinandan Tubes ranks #81 out of 155 companies in the Industrial Distribution industry, placing it in the top 52.3%.
Is Shree Marutinandan Tubes' Days Payable too high?
Shree Marutinandan Tubes' current Days Payable of 46.61 is near median its 10-year median of 44.87. Over the past 10 years, this metric has ranged from a low of 24.24 to a high of 66.96. The Industrial Distribution industry median Days Payable is 56.57. Shree Marutinandan Tubes' value of 46.61 is 17.6% below this industry median. Based on the distribution chart, Shree Marutinandan Tubes ranks #81 out of 155 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Shree Marutinandan Tubes has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shree Marutinandan Tubes' Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Shree Marutinandan Tubes ranks #81 out of 155 companies for Days Payable. This places Shree Marutinandan Tubes in the lower half of its industry. The industry median Days Payable is 56.57. Shree Marutinandan Tubes' value of 46.61 is 17.6% below this benchmark. Historically, Shree Marutinandan Tubes' own Days Payable has ranged from 24.24 to 66.96 over the past decade. While the company's 10-year median is 44.87 vs. the industry median of 56.57, Shree Marutinandan Tubes 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 Distribution company?
The median Days Payable among Industrial Distribution companies is 56.57, based on 155 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. Shree Marutinandan Tubes's current Days Payable of 46.61 is 17.6% 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 Shree Marutinandan Tubes and its competitors. For the Industrial Distribution industry, the median Days Payable is 56.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Marutinandan Tubes's current Days Payable is 46.61, which is near median its own 10-year median of 44.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Marutinandan Tubes stock overvalued right now?
Shree Marutinandan Tubes (BOM:544083) has a current Days Payable of 46.61. The current Days Payable is 46.61, which is near median its 10-year median of 44.87 and 17.6% below the Industrial Distribution industry median of 56.57. Shree Marutinandan Tubes' overall GF Score™ is 43/100 with 3 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 Shree Marutinandan Tubes (BOM:544083), the current Days Payable is 46.61 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.

Shree Marutinandan Tubes Business Description

Address S.P Ring Road, A-21, Second Floor, Amrapali Complex, Bopal, Ahmedabad, GJ, IND, 380058
Shree Marutinandan Tubes Ltd is engaged in the trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round pipes, square and rectangular hollow sections in various specifications, sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. Its products are widely used in various industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.
43GF Score

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