Earkart (BOM:544549) Days Payable: 22.70 (As of Mar. 2026) — 60% Below Median

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BOM:544549 Earkart Ltd BOM:544549
19 GF Score
Price ₹160.00
! 4 Warning Signs
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What is Earkart Days Payable?

Earkart BOM:544549 19 Days Payable is 22.70 as of Mar. 2026, which is 60% below its 10-year median of 56.30. GuruFocus rates BOM:544549 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Earkart ranks worse than 70.57% on this metric.

Earkart's average Accounts Payable for the six months ended in Mar. 2026 was ₹24.1 Mil. Earkart's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹193.7 Mil. Hence, Earkart's Days Payable for the six months ended in Mar. 2026 was 22.70.

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

BOM:544549' s Days Payable Range Over the Past 10 Years
Min: 26.71   Med: 56.3   Max: 91.6
Current: 45.4

During the past 5 years, Earkart's highest Days Payable was 91.60. The lowest was 26.71. And the median was 56.30.

BOM:544549's Days Payable is ranked worse than
70.57% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 67.87 vs BOM:544549: 45.40

Earkart's Days Payable increased from Mar. 2024 (0.00) to Mar. 2026 (22.70). It may suggest that Earkart delayed paying its suppliers.


Earkart Days Payable Historical Data

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The historical data trend for Earkart'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.

Earkart Days Payable Chart

Earkart Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
91.60 56.30 58.92 29.04 26.71

Earkart Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable 0.00 0.00 0.00 0.00 22.70

BOM:544549 vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, Earkart'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.


Earkart Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Earkart's Days Payable distribution charts can be found below:

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


BOM:544549
19GF Score
Earkart Ltd BOM:544549
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Earkart 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.

Earkart'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
=( (30.167 + 18.009) / 2 ) / 329.123*365
=24.088 / 329.123*365
=26.71

Earkart'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (30.167 + 18.009) / 2 ) / 193.673*365 / 2
=24.088 / 193.673*365 / 2
=22.70

* 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 22.70 mean?
Earkart (BOM:544549) has a Days Payable of 22.70 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 Earkart and its competitors. This is 60% below median its historical median of 56.30. Over the past decade, Earkart's Days Payable has ranged from 26.71 to 91.60. According to the industry distribution chart, Earkart ranks #561 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 70.6%.
Is Earkart's Days Payable too high?
Earkart's current Days Payable of 22.70 is 60% below median its 10-year median of 56.30. Over the past 10 years, this metric has ranged from a low of 26.71 to a high of 91.60. The Medical Devices & Instruments industry median Days Payable is 67.87. Earkart's value of 22.70 is 66.6% below this industry median. Based on the distribution chart, Earkart ranks #561 out of 795 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Earkart has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Earkart's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Earkart ranks #561 out of 795 companies for Days Payable. This places Earkart in the lower half of its industry. The industry median Days Payable is 67.87. Earkart's value of 22.70 is 66.6% below this benchmark. Historically, Earkart's own Days Payable has ranged from 26.71 to 91.60 over the past decade. While the company's 10-year median is 56.30 vs. the industry median of 67.87, Earkart 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.87, based on 795 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. Earkart's current Days Payable of 22.70 is 66.6% 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 Earkart and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Earkart's current Days Payable is 22.70, which is 60% below median its own 10-year median of 56.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earkart stock overvalued right now?
Earkart (BOM:544549) has a current Days Payable of 22.70. The current Days Payable is 22.70, which is 60% below median its 10-year median of 56.30 and 66.6% below the Medical Devices & Instruments industry median of 67.87. Earkart's overall GF Score™ is 19/100 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 Earkart (BOM:544549), the current Days Payable is 22.70 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.

Earkart Business Description

Address Street No. 6, Shop No. 8-P, Vasundhara Enclave, East Delhi, Delhi, IND, 110096
Earkart Ltd is a hearing care company based in India that manufactures and distributes modern hearing aids and related accessories at affordable prices. The company also trades in hearing aids and parts from both Indian and foreign brands. Earkart has expanded its product range to include mobility aids like adjustable foldable walkers and therapy kits for children with disabilities. It developed a remote audiometry machine operated by audiologists to facilitate hearing tests remotely, improving access to hearing care services across India. Earkart operates through a wide network of clinics and hearing solution dispensers, blending manufacturing with a customer-focused approach to reach underserved regions.
19GF Score

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