True Colors (BOM:544531) Days Payable: 88.13 (As of Mar. 2026) — 27% Above Median

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BOM:544531 True Colors Ltd BOM:544531
18 GF Score
Price ₹158.90
! 4 Warning Signs
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What is True Colors Days Payable?

True Colors BOM:544531 +3.25% 18 Days Payable is 88.13 as of Mar. 2026, which is 27% above its 10-year median of 69.41. GuruFocus rates BOM:544531 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 945 Business Services companies, True Colors ranks better than 68.99% on this metric.

True Colors's average Accounts Payable for the six months ended in Mar. 2026 was ₹486 Mil. True Colors's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,007 Mil. Hence, True Colors's Days Payable for the six months ended in Mar. 2026 was 88.13.

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

BOM:544531' s Days Payable Range Over the Past 10 Years
Min: 48.63   Med: 69.41   Max: 372.29
Current: 78.53

During the past 5 years, True Colors's highest Days Payable was 372.29. The lowest was 48.63. And the median was 69.41.

BOM:544531's Days Payable is ranked better than
68.99% of 945 companies
in the Business Services industry
Industry Median: 45.76 vs BOM:544531: 78.53

True Colors's Days Payable increased from Mar. 2025 (74.98) to Mar. 2026 (88.13). It may suggest that True Colors delayed paying its suppliers.


True Colors Days Payable Historical Data

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The historical data trend for True Colors'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.

True Colors Days Payable Chart

True Colors Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
372.29 50.87 48.63 69.41 71.11

True Colors Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 62.45 74.98 76.72 88.13

BOM:544531 vs CTAS, CPRT, GPN: Days Payable Comparison

For the Specialty Business Services subindustry, True Colors'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.


True Colors Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, True Colors's Days Payable distribution charts can be found below:

* The bar in red indicates where True Colors's Days Payable falls into.


BOM:544531
18GF Score
True Colors Ltd BOM:544531
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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True Colors 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.

True Colors'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
=( (371.261 + 440.057) / 2 ) / 2082.224*365
=405.659 / 2082.224*365
=71.11

True Colors'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
=( (532.678 + 440.057) / 2 ) / 1007.129*365 / 2
=486.3675 / 1007.129*365 / 2
=88.13

* 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 88.13 mean?
True Colors (BOM:544531) has a Days Payable of 88.13 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 True Colors and its competitors. This is 27% above median its historical median of 69.41. Over the past decade, True Colors' Days Payable has ranged from 48.63 to 372.29. According to the industry distribution chart, True Colors ranks #293 out of 945 companies in the Business Services industry, placing it in the top 31%.
Is True Colors' Days Payable too high?
True Colors' current Days Payable of 88.13 is 27% above median its 10-year median of 69.41. Over the past 10 years, this metric has ranged from a low of 48.63 to a high of 372.29. The Business Services industry median Days Payable is 45.76. True Colors' value of 88.13 is 92.6% above this industry median. Based on the distribution chart, True Colors ranks #293 out of 945 companies in the Business Services industry, which is above the industry midpoint. Overall, True Colors has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does True Colors' Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, True Colors ranks #293 out of 945 companies for Days Payable. This puts True Colors in the upper half of its industry. The industry median Days Payable is 45.76. True Colors' value of 88.13 is 92.6% above this benchmark. Historically, True Colors' own Days Payable has ranged from 48.63 to 372.29 over the past decade. While the company's 10-year median is 69.41 vs. the industry median of 45.76, True Colors has consistently been above 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 Business Services company?
The median Days Payable among Business Services companies is 45.76, based on 945 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. True Colors's current Days Payable of 88.13 is 92.6% above 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 True Colors and its competitors. For the Business Services industry, the median Days Payable is 45.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True Colors's current Days Payable is 88.13, which is 27% above median its own 10-year median of 69.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True Colors stock overvalued right now?
True Colors (BOM:544531) has a current Days Payable of 88.13. The current Days Payable is 88.13, which is 27% above median its 10-year median of 69.41 and 92.6% above the Business Services industry median of 45.76. True Colors' overall GF Score™ is 18/100 with 4 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 True Colors (BOM:544531), the current Days Payable is 88.13 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.

True Colors Business Description

Address Somakanjini Wadi Patel Line Khatodara, P-8, Ground Floor to 3rd Floor, Surat, GJ, IND, 395002
True Colors Ltd is engaged in the business of importing and distributing of digital textile printers and manufacturing and supplying of products related to the digital textile printing industry. It imports and distributes high-quality wide-format digital textile inkjet printers and also provides digital textile printing inks such as Sublimation Inks, Reactive Inks, and Disperse Inks. The company has established an in-house sublimation paper manufacturing unit, a critical component in the digital textile printing process. It generates revenue from the trading of Ink and digital printing machines.
18GF Score

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