Elfin Agro India (BOM:544724) Days Payable: 7.44 (As of Mar. 2026) — 61% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544724 Elfin Agro India Ltd BOM:544724
19 GF Score
Price ₹80.43
! 4 Warning Signs
View Full Analysis

What is Elfin Agro India Days Payable?

Elfin Agro India BOM:544724 +4.93% 19 Days Payable is 7.44 as of Mar. 2026, which is 61% below its 10-year median of 19.13. GuruFocus rates BOM:544724 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,891 Consumer Packaged Goods companies, Elfin Agro India ranks worse than 96.67% on this metric.

Elfin Agro India's average Accounts Payable for the six months ended in Mar. 2026 was ₹32 Mil. Elfin Agro India's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,569 Mil. Hence, Elfin Agro India's Days Payable for the six months ended in Mar. 2026 was 3.72.

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

BOM:544724' s Days Payable Range Over the Past 10 Years
Min: 7.44   Med: 19.13   Max: 29.38
Current: 7.44

During the past 4 years, Elfin Agro India's highest Days Payable was 29.38. The lowest was 7.44. And the median was 19.13.

BOM:544724's Days Payable is ranked worse than
96.67% of 1891 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs BOM:544724: 7.44

Elfin Agro India's Days Payable declined from Mar. 2024 (22.37) to Mar. 2026 (7.44). It may suggest that Elfin Agro India accelerated paying its suppliers.


Elfin Agro India Days Payable Historical Data

* Premium members only.

The historical data trend for Elfin Agro 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.

Elfin Agro India Days Payable Chart

Elfin Agro India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
29.38 22.37 15.88 7.44

Elfin Agro India Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Days Payable 29.38 22.37 15.88 7.44

BOM:544724 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Elfin Agro 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.


Elfin Agro India Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Elfin Agro India's Days Payable distribution charts can be found below:

* The bar in red indicates where Elfin Agro India's Days Payable falls into.


BOM:544724
19GF Score
Elfin Agro India Ltd BOM:544724
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elfin Agro 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.

Elfin Agro 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
=( (48.908 + 15.108) / 2 ) / 1569.237*365
=32.008 / 1569.237*365
=7.44

Elfin Agro 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
=( (48.908 + 15.108) / 2 ) / 1569.237*365 / 2
=32.008 / 1569.237*365 / 2
=3.72

* 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 7.44 mean?
Elfin Agro India (BOM:544724) has a Days Payable of 7.44 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 Elfin Agro India and its competitors. This is 61% below median its historical median of 19.13. Over the past decade, Elfin Agro India's Days Payable has ranged from 7.44 to 29.38. According to the industry distribution chart, Elfin Agro India ranks #1828 out of 1891 companies in the Consumer Packaged Goods industry, placing it in the top 96.7%.
Is Elfin Agro India's Days Payable too high?
Elfin Agro India's current Days Payable of 7.44 is 61% below median its 10-year median of 19.13. Over the past 10 years, this metric has ranged from a low of 7.44 to a high of 29.38. The Consumer Packaged Goods industry median Days Payable is 44.15. Elfin Agro India's value of 7.44 is 83.1% below this industry median. Based on the distribution chart, Elfin Agro India ranks #1828 out of 1891 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Elfin Agro India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Elfin Agro India's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Elfin Agro India ranks #1828 out of 1891 companies for Days Payable. This places Elfin Agro India in the lower half of its industry. The industry median Days Payable is 44.15. Elfin Agro India's value of 7.44 is 83.1% below this benchmark. Historically, Elfin Agro India's own Days Payable has ranged from 7.44 to 29.38 over the past decade. While the company's 10-year median is 19.13 vs. the industry median of 44.15, Elfin Agro 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,891 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. Elfin Agro India's current Days Payable of 7.44 is 83.1% 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 Elfin Agro India and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elfin Agro India's current Days Payable is 7.44, which is 61% below median its own 10-year median of 19.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elfin Agro India stock overvalued right now?
Elfin Agro India (BOM:544724) has a current Days Payable of 7.44. The current Days Payable is 7.44, which is 61% below median its 10-year median of 19.13 and 83.1% below the Consumer Packaged Goods industry median of 44.15. Elfin Agro India'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 Elfin Agro India (BOM:544724), the current Days Payable is 7.44 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.

Elfin Agro India Business Description

Elfin Agro India Ltd is engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour) and yellow mustard oil. The company sells processed wheat flour under the brands "Shiv Nandi" and "ELFIN'S Shri Shyam BHOG" to wholesalers and retailers. It is also engaged in the extraction, filtering and manufacturing of Edible mustard oil from raw mustard seeds. The company also engage in the trading of certain agro-products, including Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil etc. The company's majority of revenue is derived from the sale of its products, mainly Maida.
19GF Score

Get the complete analysis for BOM:544724

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹80.43
Price