Highness Microelectronics (BOM:544741) Days Payable: 69.55 (As of Mar. 2025) — Near Median

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BOM:544741 Highness Microelectronics Ltd BOM:544741
18 GF Score
Price ₹182.50
! 8 Warning Signs
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What is Highness Microelectronics Days Payable?

Highness Microelectronics BOM:544741 +1.39% 18 Days Payable is 69.55 as of Mar. 2025, which is at its 10-year median of 69.55. GuruFocus rates BOM:544741 with a GF Score™ of 18/100. The stock has 8 warning signs investors should review. Among 2,440 Hardware companies, Highness Microelectronics ranks worse than 50.08% on this metric.

Highness Microelectronics's average Accounts Payable for the six months ended in Mar. 2025 was ₹8.3 Mil. Highness Microelectronics's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹43.5 Mil. Hence, Highness Microelectronics's Days Payable for the six months ended in Mar. 2025 was 34.78.

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

BOM:544741' s Days Payable Range Over the Past 10 Years
Min: 52.88   Med: 69.55   Max: 163.48
Current: 69.55

During the past 3 years, Highness Microelectronics's highest Days Payable was 163.48. The lowest was 52.88. And the median was 69.55.

BOM:544741's Days Payable is ranked worse than
50.08% of 2440 companies
in the Hardware industry
Industry Median: 69.605 vs BOM:544741: 69.55

Highness Microelectronics's Days Payable increased from Mar. 2023 (52.88) to Mar. 2025 (69.55). It may suggest that Highness Microelectronics delayed paying its suppliers.


Highness Microelectronics Days Payable Historical Data

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The historical data trend for Highness Microelectronics'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.

Highness Microelectronics Days Payable Chart

Highness Microelectronics Annual Data
Trend Mar23 Mar24 Mar25
Days Payable
52.88 163.48 69.55

Highness Microelectronics Semi-Annual Data
Mar23 Mar24 Mar25
Days Payable 52.88 163.48 69.55

BOM:544741 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Highness Microelectronics'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.


Highness Microelectronics Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Highness Microelectronics's Days Payable distribution charts can be found below:

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


BOM:544741
18GF Score
Highness Microelectronics Ltd BOM:544741
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Highness Microelectronics 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.

Highness Microelectronics's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (5.545 + 11.037) / 2 ) / 43.509*365
=8.291 / 43.509*365
=69.55

Highness Microelectronics's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (5.545 + 11.037) / 2 ) / 43.509*365 / 2
=8.291 / 43.509*365 / 2
=34.78

* 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 69.55 mean?
Highness Microelectronics (BOM:544741) has a Days Payable of 69.55 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Highness Microelectronics and its competitors. This is near median its historical median of 69.55. Over the past decade, Highness Microelectronics' Days Payable has ranged from 52.88 to 163.48. According to the industry distribution chart, Highness Microelectronics ranks #1222 out of 2440 companies in the Hardware industry, placing it in the top 50.1%.
Is Highness Microelectronics' Days Payable too high?
Highness Microelectronics' current Days Payable of 69.55 is near median its 10-year median of 69.55. Over the past 10 years, this metric has ranged from a low of 52.88 to a high of 163.48. The Hardware industry median Days Payable is 69.61. Highness Microelectronics' value of 69.55 is 0.1% below this industry median. Based on the distribution chart, Highness Microelectronics ranks #1222 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Highness Microelectronics has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Highness Microelectronics' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Highness Microelectronics ranks #1222 out of 2440 companies for Days Payable. This places Highness Microelectronics in the lower half of its industry. The industry median Days Payable is 69.61. Highness Microelectronics' value of 69.55 is 0.1% below this benchmark. Historically, Highness Microelectronics' own Days Payable has ranged from 52.88 to 163.48 over the past decade. While the company's 10-year median is 69.55 vs. the industry median of 69.61, Highness Microelectronics 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 Hardware company?
The median Days Payable among Hardware companies is 69.61, based on 2,440 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. Highness Microelectronics's current Days Payable of 69.55 is 0.1% 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 Highness Microelectronics and its competitors. For the Hardware industry, the median Days Payable is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highness Microelectronics's current Days Payable is 69.55, which is near median its own 10-year median of 69.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highness Microelectronics stock overvalued right now?
Highness Microelectronics (BOM:544741) has a current Days Payable of 69.55. The current Days Payable is 69.55, which is near median its 10-year median of 69.55 and 0.1% below the Hardware industry median of 69.61. Highness Microelectronics' overall GF Score™ is 18/100 with 8 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 Highness Microelectronics (BOM:544741), the current Days Payable is 69.55 as of Mar. 2025. 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.

Highness Microelectronics Business Description

Address Kherani Road, Office 1C3, 1st Floor, Gundecha Onclave, Saki Vihar, Andheri (East, Mumbai, MH, IND, 400072
Highness Microelectronics Ltd is engaged in the Design, Development, Integration, Assembly and Manufacture of Digital-Imaging Solutions. The company operates in two main categories, namely 'Off the Shelf Products' and 'Market Specific Solutions/Project'. Its offerings include display modules and components such as TFT and LCD modules, display controllers, touch screens, backlight drivers, and related assemblies, as well as display systems, including Open-Frame Displays, Panel-Mount Displays, Industrial Grade Displays and Medical Grade Display Monitors for industrial and medical applications. The majority of the company's revenue is derived from designing, developing, integrating, assembling and manufacturing of Digital-Imaging Solutions.
18GF Score

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