Glen Industries (BOM:544444) Days Payable: 20.00 (As of Mar. 2026) — 28% Below Median

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BOM:544444 Glen Industries Ltd BOM:544444
42 GF Score
Price ₹121.50
! 5 Warning Signs
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What is Glen Industries Days Payable?

Glen Industries BOM:544444 +0.02% 42 Days Payable is 20.00 as of Mar. 2026, which is 28% below its 10-year median of 27.68. GuruFocus rates BOM:544444 with a GF Score™ of 42/100. The stock has 5 warning signs investors should review. Among 389 Packaging & Containers companies, Glen Industries ranks worse than 91.52% on this metric.

Glen Industries's average Accounts Payable for the six months ended in Mar. 2026 was ₹83 Mil. Glen Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹761 Mil. Hence, Glen Industries's Days Payable for the six months ended in Mar. 2026 was 20.00.

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

BOM:544444' s Days Payable Range Over the Past 10 Years
Min: 19.55   Med: 27.68   Max: 35.04
Current: 19.55

During the past 6 years, Glen Industries's highest Days Payable was 35.04. The lowest was 19.55. And the median was 27.68.

BOM:544444's Days Payable is ranked worse than
91.52% of 389 companies
in the Packaging & Containers industry
Industry Median: 59.42 vs BOM:544444: 19.55

Glen Industries's Days Payable declined from Mar. 2025 (20.95) to Mar. 2026 (20.00). It may suggest that Glen Industries accelerated paying its suppliers.


Glen Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Glen 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.

Glen Industries Days Payable Chart

Glen Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 21.04 27.61 35.04 29.00 25.12

Glen Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 36.38 20.95 12.99 20.00

BOM:544444 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Glen 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.


Glen Industries Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Glen Industries's Days Payable distribution charts can be found below:

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


BOM:544444
42GF Score
Glen Industries Ltd BOM:544444
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Glen 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.

Glen 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
=( (60.268 + 134.236) / 2 ) / 1412.838*365
=97.252 / 1412.838*365
=25.12

Glen 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
=( (32.518 + 134.236) / 2 ) / 760.976*365 / 2
=83.377 / 760.976*365 / 2
=20.00

* 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 20.00 mean?
Glen Industries (BOM:544444) has a Days Payable of 20.00 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 Glen Industries and its competitors. This is 28% below median its historical median of 27.68. Over the past decade, Glen Industries' Days Payable has ranged from 19.55 to 35.04. According to the industry distribution chart, Glen Industries ranks #356 out of 389 companies in the Packaging & Containers industry, placing it in the top 91.5%.
Is Glen Industries' Days Payable too high?
Glen Industries' current Days Payable of 20.00 is 28% below median its 10-year median of 27.68. Over the past 10 years, this metric has ranged from a low of 19.55 to a high of 35.04. The Packaging & Containers industry median Days Payable is 59.42. Glen Industries' value of 20.00 is 66.3% below this industry median. Based on the distribution chart, Glen Industries ranks #356 out of 389 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Glen Industries has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Glen Industries' Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Glen Industries ranks #356 out of 389 companies for Days Payable. This places Glen Industries in the lower half of its industry. The industry median Days Payable is 59.42. Glen Industries' value of 20.00 is 66.3% below this benchmark. Historically, Glen Industries' own Days Payable has ranged from 19.55 to 35.04 over the past decade. While the company's 10-year median is 27.68 vs. the industry median of 59.42, Glen 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 a Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 59.42, based on 389 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. Glen Industries's current Days Payable of 20.00 is 66.3% 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 Glen Industries and its competitors. For the Packaging & Containers industry, the median Days Payable is 59.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glen Industries's current Days Payable is 20.00, which is 28% below median its own 10-year median of 27.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glen Industries stock overvalued right now?
Glen Industries (BOM:544444) has a current Days Payable of 20.00. The current Days Payable is 20.00, which is 28% below median its 10-year median of 27.68 and 66.3% below the Packaging & Containers industry median of 59.42. Glen Industries' overall GF Score™ is 42/100 with 5 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 Glen Industries (BOM:544444), the current Days Payable is 20.00 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.

Glen Industries Business Description

Address Rajveena, Block-C, 2nd Floor, 50A, New Alipore, Kolkata, WB, IND, 700053
Glen Industries Ltd is engaged in the manufacturing of a diverse range of Food packaging and Service Products, Thin Wall Food Containers, Polylactic Acid (PLA) Straws, and Paper Straws, all mainly supplied to the Hotel, Restaurant, and Cafe/Catering (HoReCa) sector, Beverage industry, and food packaging industry. Its extensive product lineup, available in various shapes and sizes, is widely favored by sectors such as the HoReCa industry, Quick Service Restaurants (QSR), the food, beverage, and dairy industry etc. Its products are designed, developed, and manufactured as per the country's local use & preferences.
42GF Score

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

₹121.50
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