MSAFE Equipments (BOM:544695) Days Payable: 63.47 (As of Mar. 2026) — 40% Below Median

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BOM:544695 MSAFE Equipments Ltd BOM:544695
21 GF Score
Price ₹230.50
! 6 Warning Signs
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What is MSAFE Equipments Days Payable?

MSAFE Equipments BOM:544695 -0.24% 21 Days Payable is 63.47 as of Mar. 2026, which is 40% below its 10-year median of 105.22. GuruFocus rates BOM:544695 with a GF Score™ of 21/100. The stock has 6 warning signs investors should review. Among 1,067 Metals & Mining companies, MSAFE Equipments ranks worse than 64.2% on this metric.

MSAFE Equipments's average Accounts Payable for the six months ended in Mar. 2026 was ₹40.3 Mil. MSAFE Equipments's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹115.9 Mil. Hence, MSAFE Equipments's Days Payable for the six months ended in Mar. 2026 was 63.47.

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

BOM:544695' s Days Payable Range Over the Past 10 Years
Min: 68.26   Med: 105.22   Max: 144.62
Current: 68.26

During the past 4 years, MSAFE Equipments's highest Days Payable was 144.62. The lowest was 68.26. And the median was 105.22.

BOM:544695's Days Payable is ranked worse than
64.2% of 1067 companies
in the Metals & Mining industry
Industry Median: 123.31 vs BOM:544695: 68.26

MSAFE Equipments's Days Payable declined from Mar. 2025 (103.27) to Mar. 2026 (63.47). It may suggest that MSAFE Equipments accelerated paying its suppliers.


MSAFE Equipments Days Payable Historical Data

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The historical data trend for MSAFE Equipments'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.

MSAFE Equipments Days Payable Chart

MSAFE Equipments Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
144.62 102.88 107.55 85.52

MSAFE Equipments Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Days Payable 0.00 0.00 103.27 65.16 63.47

BOM:544695 vs AA: Days Payable Comparison

For the Aluminum subindustry, MSAFE Equipments'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.


MSAFE Equipments Days Payable vs Metals & Mining Industry

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

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


BOM:544695
21GF Score
MSAFE Equipments Ltd BOM:544695
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MSAFE Equipments 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.

MSAFE Equipments'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
=( (64.996 + 43.034) / 2 ) / 230.526*365
=54.015 / 230.526*365
=85.52

MSAFE Equipments'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
=( (37.553 + 43.034) / 2 ) / 115.86*365 / 2
=40.2935 / 115.86*365 / 2
=63.47

* 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 63.47 mean?
MSAFE Equipments (BOM:544695) has a Days Payable of 63.47 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 MSAFE Equipments and its competitors. This is 40% below median its historical median of 105.22. Over the past decade, MSAFE Equipments' Days Payable has ranged from 68.26 to 144.62. According to the industry distribution chart, MSAFE Equipments ranks #685 out of 1067 companies in the Metals & Mining industry, placing it in the top 64.2%.
Is MSAFE Equipments' Days Payable too high?
MSAFE Equipments' current Days Payable of 63.47 is 40% below median its 10-year median of 105.22. Over the past 10 years, this metric has ranged from a low of 68.26 to a high of 144.62. The Metals & Mining industry median Days Payable is 123.31. MSAFE Equipments' value of 63.47 is 48.5% below this industry median. Based on the distribution chart, MSAFE Equipments ranks #685 out of 1067 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MSAFE Equipments has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does MSAFE Equipments' Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, MSAFE Equipments ranks #685 out of 1067 companies for Days Payable. This places MSAFE Equipments in the lower half of its industry. The industry median Days Payable is 123.31. MSAFE Equipments' value of 63.47 is 48.5% below this benchmark. Historically, MSAFE Equipments' own Days Payable has ranged from 68.26 to 144.62 over the past decade. While the company's 10-year median is 105.22 vs. the industry median of 123.31, MSAFE Equipments 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 123.31, based on 1,067 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. MSAFE Equipments's current Days Payable of 63.47 is 48.5% 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 MSAFE Equipments and its competitors. For the Metals & Mining industry, the median Days Payable is 123.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSAFE Equipments's current Days Payable is 63.47, which is 40% below median its own 10-year median of 105.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSAFE Equipments stock overvalued right now?
MSAFE Equipments (BOM:544695) has a current Days Payable of 63.47. The current Days Payable is 63.47, which is 40% below median its 10-year median of 105.22 and 48.5% below the Metals & Mining industry median of 123.31. MSAFE Equipments' overall GF Score™ is 21/100 with 6 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 MSAFE Equipments (BOM:544695), the current Days Payable is 63.47 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.

MSAFE Equipments Business Description

Address A-57, Sector-136, 7th Floor, Noida, UP, IND, 201301
MSAFE Equipments Ltd is engaged in the business of manufacturing, sales and rental of access and height-safety equipments, used to facilitate safe working at heights. Its product portfolio includes aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders and fibre reinforced plastic ladders, which are designed to meet varied operational and safety requirements across construction, maintenance, installation, repair and infrastructure development activities. The company offers various types of aluminium scaffoldings such as stairway, narrow-width, extra reach, podium, cantilever, and bridge sections.
21GF Score

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