Narmadesh Brass Industries (BOM:544680) Days Payable: 22.79 (As of Mar. 2026) — 13% Below Median

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BOM:544680 Narmadesh Brass Industries Ltd BOM:544680
14 GF Score
Price ₹309.75
! 4 Warning Signs
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What is Narmadesh Brass Industries Days Payable?

Narmadesh Brass Industries BOM:544680 14 Days Payable is 22.79 as of Mar. 2026, which is 13% below its 10-year median of 26.22. GuruFocus rates BOM:544680 with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 2,995 Industrial Products companies, Narmadesh Brass Industries ranks worse than 87.31% on this metric.

Narmadesh Brass Industries's average Accounts Payable for the six months ended in Mar. 2026 was ₹74.1 Mil. Narmadesh Brass Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹593.2 Mil. Hence, Narmadesh Brass Industries's Days Payable for the six months ended in Mar. 2026 was 22.79.

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

BOM:544680' s Days Payable Range Over the Past 10 Years
Min: 23.11   Med: 26.22   Max: 38.46
Current: 30.04

During the past 4 years, Narmadesh Brass Industries's highest Days Payable was 38.46. The lowest was 23.11. And the median was 26.22.

BOM:544680's Days Payable is ranked worse than
87.31% of 2995 companies
in the Industrial Products industry
Industry Median: 78.05 vs BOM:544680: 30.04

Narmadesh Brass Industries's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (22.79). It may suggest that Narmadesh Brass Industries delayed paying its suppliers.


Narmadesh Brass Industries Days Payable Historical Data

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The historical data trend for Narmadesh Brass 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.

Narmadesh Brass Industries Days Payable Chart

Narmadesh Brass Industries Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
38.46 24.92 23.11 27.51

Narmadesh Brass Industries Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Days Payable 0.00 0.00 0.00 50.82 22.79

BOM:544680 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Narmadesh Brass 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.


Narmadesh Brass Industries Days Payable vs Industrial Products Industry

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

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


BOM:544680
14GF Score
Narmadesh Brass Industries Ltd BOM:544680
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmadesh Brass 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.

Narmadesh Brass 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
=( (64.186 + 63.83) / 2 ) / 849.21*365
=64.008 / 849.21*365
=27.51

Narmadesh Brass 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
=( (84.288 + 63.83) / 2 ) / 593.151*365 / 2
=74.059 / 593.151*365 / 2
=22.79

* 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 22.79 mean?
Narmadesh Brass Industries (BOM:544680) has a Days Payable of 22.79 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 Narmadesh Brass Industries and its competitors. This is 13% below median its historical median of 26.22. Over the past decade, Narmadesh Brass Industries' Days Payable has ranged from 23.11 to 38.46. According to the industry distribution chart, Narmadesh Brass Industries ranks #2615 out of 2995 companies in the Industrial Products industry, placing it in the top 87.3%.
Is Narmadesh Brass Industries' Days Payable too high?
Narmadesh Brass Industries' current Days Payable of 22.79 is 13% below median its 10-year median of 26.22. Over the past 10 years, this metric has ranged from a low of 23.11 to a high of 38.46. The Industrial Products industry median Days Payable is 78.05. Narmadesh Brass Industries' value of 22.79 is 70.8% below this industry median. Based on the distribution chart, Narmadesh Brass Industries ranks #2615 out of 2995 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Narmadesh Brass Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Narmadesh Brass Industries' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Narmadesh Brass Industries ranks #2615 out of 2995 companies for Days Payable. This places Narmadesh Brass Industries in the lower half of its industry. The industry median Days Payable is 78.05. Narmadesh Brass Industries' value of 22.79 is 70.8% below this benchmark. Historically, Narmadesh Brass Industries' own Days Payable has ranged from 23.11 to 38.46 over the past decade. While the company's 10-year median is 26.22 vs. the industry median of 78.05, Narmadesh Brass 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,995 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. Narmadesh Brass Industries's current Days Payable of 22.79 is 70.8% 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 Narmadesh Brass Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmadesh Brass Industries's current Days Payable is 22.79, which is 13% below median its own 10-year median of 26.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmadesh Brass Industries stock overvalued right now?
Narmadesh Brass Industries (BOM:544680) has a current Days Payable of 22.79. The current Days Payable is 22.79, which is 13% below median its 10-year median of 26.22 and 70.8% below the Industrial Products industry median of 78.05. Narmadesh Brass Industries' overall GF Score™ is 14/100 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 Narmadesh Brass Industries (BOM:544680), the current Days Payable is 22.79 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.

Narmadesh Brass Industries Business Description

Address Jamnagar - Lalpur Road, Plot No. 5, 8 & 9, Survey No. 433, Shree Ganesh Industrial Hub, Changa Village, Jamnagar, GJ, IND, 361 012
Narmadesh Brass Industries Ltd is engaged in manufacturing a diverse range of brass products catering to both domestic and international markets. It also offers casting and forging services related to brass components. Its product offering includes brass rods, brass billets, agricultural sprayer parts, garden fittings, ball valves, non-return valves (NRVs), turning components and plumbing fittings, sanitary fittings, brass compression fittings etc. The company is operating in a single business segment i.e. Manufacturing and trading of Brass items. The company derives a substantial portion of revenue from the sale of its products, with the majority generated from the sale of Brass Rods.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹309.75
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