Kanishk Aluminium India (BOM:544693) Days Payable: 61.73 (As of Mar. 2026) — 98% Above Median

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BOM:544693 Kanishk Aluminium India Ltd BOM:544693
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What is Kanishk Aluminium India Days Payable?

Kanishk Aluminium India BOM:544693 14 Days Payable is 61.73 as of Mar. 2026, which is 98% above its 10-year median of 31.10. GuruFocus rates BOM:544693 with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 1,065 Metals & Mining companies, Kanishk Aluminium India ranks worse than 50.33% on this metric.

Kanishk Aluminium India's average Accounts Payable for the six months ended in Mar. 2026 was ₹124.2 Mil. Kanishk Aluminium India's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹367.3 Mil. Hence, Kanishk Aluminium India's Days Payable for the six months ended in Mar. 2026 was 61.73.

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

BOM:544693' s Days Payable Range Over the Past 10 Years
Min: 17.66   Med: 31.1   Max: 123.47
Current: 123.47

During the past 5 years, Kanishk Aluminium India's highest Days Payable was 123.47. The lowest was 17.66. And the median was 31.10.

BOM:544693's Days Payable is ranked worse than
50.33% of 1065 companies
in the Metals & Mining industry
Industry Median: 124.95 vs BOM:544693: 123.47

Kanishk Aluminium India's Days Payable increased from Mar. 2024 (0.00) to Mar. 2026 (61.73). It may suggest that Kanishk Aluminium India delayed paying its suppliers.


Kanishk Aluminium India Days Payable Historical Data

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The historical data trend for Kanishk Aluminium India'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.

Kanishk Aluminium India Days Payable Chart

Kanishk Aluminium India Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
20.95 17.66 31.10 50.98 71.89

Kanishk Aluminium India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable 0.00 0.00 0.00 43.28 61.73

BOM:544693 vs AA: Days Payable Comparison

For the Aluminum subindustry, Kanishk Aluminium India'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.


Kanishk Aluminium India Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kanishk Aluminium India's Days Payable distribution charts can be found below:

* The bar in red indicates where Kanishk Aluminium India's Days Payable falls into.


BOM:544693
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Kanishk Aluminium India Ltd BOM:544693
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kanishk Aluminium India 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.

Kanishk Aluminium India'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
=( (82.666 + 165.813) / 2 ) / 630.75*365
=124.2395 / 630.75*365
=71.89

Kanishk Aluminium India'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
=( (82.666 + 165.813) / 2 ) / 367.282*365 / 2
=124.2395 / 367.282*365 / 2
=61.73

* 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 61.73 mean?
Kanishk Aluminium India (BOM:544693) has a Days Payable of 61.73 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 Kanishk Aluminium India and its competitors. This is 98% above median its historical median of 31.10. Over the past decade, Kanishk Aluminium India's Days Payable has ranged from 17.66 to 123.47. According to the industry distribution chart, Kanishk Aluminium India ranks #536 out of 1065 companies in the Metals & Mining industry, placing it in the top 50.3%.
Is Kanishk Aluminium India's Days Payable too high?
Kanishk Aluminium India's current Days Payable of 61.73 is 98% above median its 10-year median of 31.10. Over the past 10 years, this metric has ranged from a low of 17.66 to a high of 123.47. The Metals & Mining industry median Days Payable is 124.95. Kanishk Aluminium India's value of 61.73 is 50.6% below this industry median. Based on the distribution chart, Kanishk Aluminium India ranks #536 out of 1065 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Kanishk Aluminium India has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Kanishk Aluminium India's Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, Kanishk Aluminium India ranks #536 out of 1065 companies for Days Payable. This places Kanishk Aluminium India in the lower half of its industry. The industry median Days Payable is 124.95. Kanishk Aluminium India's value of 61.73 is 50.6% below this benchmark. Historically, Kanishk Aluminium India's own Days Payable has ranged from 17.66 to 123.47 over the past decade. While the company's 10-year median is 31.10 vs. the industry median of 124.95, Kanishk Aluminium India 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 124.95, based on 1,065 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. Kanishk Aluminium India's current Days Payable of 61.73 is 50.6% 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 Kanishk Aluminium India and its competitors. For the Metals & Mining industry, the median Days Payable is 124.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanishk Aluminium India's current Days Payable is 61.73, which is 98% above median its own 10-year median of 31.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanishk Aluminium India stock overvalued right now?
Kanishk Aluminium India (BOM:544693) has a current Days Payable of 61.73. The current Days Payable is 61.73, which is 98% above median its 10-year median of 31.10 and 50.6% below the Metals & Mining industry median of 124.95. Kanishk Aluminium India's overall GF Score™ is 14/100 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 Kanishk Aluminium India (BOM:544693), the current Days Payable is 61.73 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.

Kanishk Aluminium India Business Description

Address Plot No. E-849 A, Fourth Phase RIICO, Boranada, Jodhpur, RJ, IND, 342001
Kanishk Aluminium India Ltd is specialized in manufacturing a comprehensive range of aluminium extrusion products, including solid & hollow section profiles, solar profiles, railings, heatsinks and sliding / fixed windows and doors profiles. Its products serve a diverse array of industries, such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture.
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