M R Maniveni Foods (BOM:544768) Days Payable: 1.28 (As of Mar. 2025) — 75% Below Median

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BOM:544768 M R Maniveni Foods Ltd BOM:544768
14 GF Score
Price ₹33.23
! 1 Warning Sign
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What is M R Maniveni Foods Days Payable?

M R Maniveni Foods BOM:544768 -5.89% 14 Days Payable is 1.28 as of Mar. 2025, which is 75% below its 10-year median of 5.05. GuruFocus rates BOM:544768 with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,895 Consumer Packaged Goods companies, M R Maniveni Foods ranks worse than 99.58% on this metric.

M R Maniveni Foods's average Accounts Payable for the six months ended in Mar. 2025 was ₹6 Mil. M R Maniveni Foods's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹1,847 Mil. Hence, M R Maniveni Foods's Days Payable for the six months ended in Mar. 2025 was 0.64.

The historical rank and industry rank for M R Maniveni Foods's Days Payable or its related term are showing as below:

BOM:544768' s Days Payable Range Over the Past 10 Years
Min: 1.28   Med: 5.05   Max: 11.95
Current: 1.28

During the past 3 years, M R Maniveni Foods's highest Days Payable was 11.95. The lowest was 1.28. And the median was 5.05.

BOM:544768's Days Payable is ranked worse than
99.58% of 1895 companies
in the Consumer Packaged Goods industry
Industry Median: 44.04 vs BOM:544768: 1.28

M R Maniveni Foods's Days Payable declined from Mar. 2023 (11.95) to Mar. 2025 (1.28). It may suggest that M R Maniveni Foods accelerated paying its suppliers.


M R Maniveni Foods Days Payable Historical Data

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The historical data trend for M R Maniveni Foods'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.

M R Maniveni Foods Days Payable Chart

M R Maniveni Foods Annual Data
Trend Mar23 Mar24 Mar25
Days Payable
11.95 5.05 1.28

M R Maniveni Foods Semi-Annual Data
Mar23 Mar24 Mar25
Days Payable 11.95 5.05 1.28

BOM:544768 vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, M R Maniveni Foods'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.


M R Maniveni Foods Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M R Maniveni Foods's Days Payable distribution charts can be found below:

* The bar in red indicates where M R Maniveni Foods's Days Payable falls into.


BOM:544768
14GF Score
M R Maniveni Foods Ltd BOM:544768
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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M R Maniveni Foods 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.

M R Maniveni Foods'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
=( (3.38 + 9.56) / 2 ) / 1846.958*365
=6.47 / 1846.958*365
=1.28

M R Maniveni Foods'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
=( (3.38 + 9.56) / 2 ) / 1846.958*365 / 2
=6.47 / 1846.958*365 / 2
=0.64

* 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 1.28 mean?
M R Maniveni Foods (BOM:544768) has a Days Payable of 1.28 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 M R Maniveni Foods and its competitors. This is 75% below median its historical median of 5.05. Over the past decade, M R Maniveni Foods' Days Payable has ranged from 1.28 to 11.95. According to the industry distribution chart, M R Maniveni Foods ranks #1887 out of 1895 companies in the Consumer Packaged Goods industry, placing it in the top 99.6%.
Is M R Maniveni Foods' Days Payable too high?
M R Maniveni Foods' current Days Payable of 1.28 is 75% below median its 10-year median of 5.05. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 11.95. The Consumer Packaged Goods industry median Days Payable is 44.04. M R Maniveni Foods' value of 1.28 is 97.1% below this industry median. Based on the distribution chart, M R Maniveni Foods ranks #1887 out of 1895 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, M R Maniveni Foods has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does M R Maniveni Foods' Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, M R Maniveni Foods ranks #1887 out of 1895 companies for Days Payable. This places M R Maniveni Foods in the lower half of its industry. The industry median Days Payable is 44.04. M R Maniveni Foods' value of 1.28 is 97.1% below this benchmark. Historically, M R Maniveni Foods' own Days Payable has ranged from 1.28 to 11.95 over the past decade. While the company's 10-year median is 5.05 vs. the industry median of 44.04, M R Maniveni Foods 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 44.04, based on 1,895 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. M R Maniveni Foods's current Days Payable of 1.28 is 97.1% 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 M R Maniveni Foods and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M R Maniveni Foods's current Days Payable is 1.28, which is 75% below median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M R Maniveni Foods stock overvalued right now?
M R Maniveni Foods (BOM:544768) has a current Days Payable of 1.28. The current Days Payable is 1.28, which is 75% below median its 10-year median of 5.05 and 97.1% below the Consumer Packaged Goods industry median of 44.04. M R Maniveni Foods' overall GF Score™ is 14/100 with 1 warning sign 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 M R Maniveni Foods (BOM:544768), the current Days Payable is 1.28 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.

M R Maniveni Foods Business Description

Address Survey No.220/3A-3B, Madhavaram-Redhills High Road, Near Vadaperumbakkam, Madhavaram, Chennai, TN, IND, 600060
M R Maniveni Foods Ltd is mainly engaged in the manufacture, processing, packaging, and sale of food products, including urad dal and tur dal. The main business was trading of pulses and rice in Kerala and other southern states of India. The Company is engaged in the production and wholesale supply of pulses and procures raw whole pulses directly from farmers for processing through soaking, drying, de-husking, splitting, polishing, and packaging. Its products include Urad Dhal, Toor Dhal, Moong Dhal, and Channa Dhal. Its products are distributed across domestic and international markets through retail, wholesale, and direct-to-consumer channels. Its customer base is mainly in the B2B segment and includes supermarkets, wholesalers, large-format retailers, and e-commerce platforms.
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₹33.23
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