Shree Refrigerations (BOM:544458) Days Payable: 55.37 (As of Mar. 2026) — 48% Below Median

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BOM:544458 Shree Refrigerations Ltd BOM:544458
21 GF Score
Price ₹315.20
! 2 Warning Signs
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What is Shree Refrigerations Days Payable?

Shree Refrigerations BOM:544458 -3.49% 21 Days Payable is 55.37 as of Mar. 2026, which is 48% below its 10-year median of 106.59. GuruFocus rates BOM:544458 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 2,993 Industrial Products companies, Shree Refrigerations ranks worse than 52.05% on this metric.

Shree Refrigerations's average Accounts Payable for the six months ended in Mar. 2026 was ₹178 Mil. Shree Refrigerations's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹587 Mil. Hence, Shree Refrigerations's Days Payable for the six months ended in Mar. 2026 was 55.37.

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

BOM:544458' s Days Payable Range Over the Past 10 Years
Min: 73.99   Med: 106.59   Max: 274.21
Current: 73.99

During the past 5 years, Shree Refrigerations's highest Days Payable was 274.21. The lowest was 73.99. And the median was 106.59.

BOM:544458's Days Payable is ranked worse than
52.05% of 2993 companies
in the Industrial Products industry
Industry Median: 77.82 vs BOM:544458: 73.99

Shree Refrigerations's Days Payable declined from Mar. 2025 (128.76) to Mar. 2026 (55.37). It may suggest that Shree Refrigerations accelerated paying its suppliers.


Shree Refrigerations Days Payable Historical Data

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The historical data trend for Shree Refrigerations'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 Refrigerations Days Payable Chart

Shree Refrigerations Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
274.21 212.42 103.22 106.59 92.85

Shree Refrigerations Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 86.10 128.76 83.92 55.37

BOM:544458 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Shree Refrigerations'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 Refrigerations Days Payable vs Industrial Products Industry

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

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


BOM:544458
21GF Score
Shree Refrigerations Ltd BOM:544458
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shree Refrigerations 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 Refrigerations'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
=( (170.589 + 270.176) / 2 ) / 866.295*365
=220.3825 / 866.295*365
=92.85

Shree Refrigerations'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
=( (86.096 + 270.176) / 2 ) / 587.175*365 / 2
=178.136 / 587.175*365 / 2
=55.37

* 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 55.37 mean?
Shree Refrigerations (BOM:544458) has a Days Payable of 55.37 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 Refrigerations and its competitors. This is 48% below median its historical median of 106.59. Over the past decade, Shree Refrigerations' Days Payable has ranged from 73.99 to 274.21. According to the industry distribution chart, Shree Refrigerations ranks #1558 out of 2993 companies in the Industrial Products industry, placing it in the top 52.1%.
Is Shree Refrigerations' Days Payable too high?
Shree Refrigerations' current Days Payable of 55.37 is 48% below median its 10-year median of 106.59. Over the past 10 years, this metric has ranged from a low of 73.99 to a high of 274.21. The Industrial Products industry median Days Payable is 77.82. Shree Refrigerations' value of 55.37 is 28.8% below this industry median. Based on the distribution chart, Shree Refrigerations ranks #1558 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shree Refrigerations has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Shree Refrigerations' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shree Refrigerations ranks #1558 out of 2993 companies for Days Payable. This places Shree Refrigerations in the lower half of its industry. The industry median Days Payable is 77.82. Shree Refrigerations' value of 55.37 is 28.8% below this benchmark. Historically, Shree Refrigerations' own Days Payable has ranged from 73.99 to 274.21 over the past decade. While the company's 10-year median is 106.59 vs. the industry median of 77.82, Shree Refrigerations 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 77.82, based on 2,993 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 Refrigerations's current Days Payable of 55.37 is 28.8% 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 Refrigerations and its competitors. For the Industrial Products industry, the median Days Payable is 77.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Refrigerations's current Days Payable is 55.37, which is 48% below median its own 10-year median of 106.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Refrigerations stock overvalued right now?
Shree Refrigerations (BOM:544458) has a current Days Payable of 55.37. The current Days Payable is 55.37, which is 48% below median its 10-year median of 106.59 and 28.8% below the Industrial Products industry median of 77.82. Shree Refrigerations' overall GF Score™ is 21/100 with 2 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 Refrigerations (BOM:544458), the current Days Payable is 55.37 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 Refrigerations Business Description

Address Plot. No. 131/1+2, Virwade Road, Opposite MSEB Stores, Ogalewadi, Karad, MH, IND, 415105
Shree Refrigerations Ltd is engaged in the business of manufacturing Chillers, refrigeration and air conditioning appliances and other parts of Heating, Ventilation, Air Conditioning (HVAC) Industry, offering array of systems and equipment to industries majorly in domestic market. Its collection of products serves multiple industries including Automotive, Marine, Print Media, Chemical, Pharma and General engineering sectors. It is also actively involved in the manufacturing of marine chillers, having approved supplier registrations from various professional directorates of Indian Navy.
21GF Score

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