SMR Jewels (BOM:544774) Days Payable: 1.09 (As of Mar. 2025) — 91% Below Median

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BOM:544774 SMR Jewels Ltd BOM:544774
18 GF Score
Price ₹87.00
! 1 Warning Sign
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What is SMR Jewels Days Payable?

SMR Jewels BOM:544774 +1.29% 18 Days Payable is 1.09 as of Mar. 2025, which is 91% below its 10-year median of 12.77. GuruFocus rates BOM:544774 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 1,108 Retail - Cyclical companies, SMR Jewels ranks worse than 98.92% on this metric.

SMR Jewels's average Accounts Payable for the six months ended in Mar. 2025 was ₹7 Mil. SMR Jewels's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹2,458 Mil. Hence, SMR Jewels's Days Payable for the six months ended in Mar. 2025 was 0.54.

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

BOM:544774' s Days Payable Range Over the Past 10 Years
Min: 1.09   Med: 12.77   Max: 45.45
Current: 1.09

During the past 3 years, SMR Jewels's highest Days Payable was 45.45. The lowest was 1.09. And the median was 12.77.

BOM:544774's Days Payable is ranked worse than
98.92% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 50.645 vs BOM:544774: 1.09

SMR Jewels's Days Payable declined from Mar. 2023 (45.45) to Mar. 2025 (1.09). It may suggest that SMR Jewels accelerated paying its suppliers.


SMR Jewels Days Payable Historical Data

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The historical data trend for SMR Jewels'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.

SMR Jewels Days Payable Chart

SMR Jewels Annual Data
Trend Mar23 Mar24 Mar25
Days Payable
45.45 12.77 1.09

SMR Jewels Semi-Annual Data
Mar23 Mar24 Mar25
Days Payable 45.45 12.77 1.09

BOM:544774 vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, SMR Jewels'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.


SMR Jewels Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SMR Jewels's Days Payable distribution charts can be found below:

* The bar in red indicates where SMR Jewels's Days Payable falls into.


BOM:544774
18GF Score
SMR Jewels Ltd BOM:544774
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SMR Jewels 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.

SMR Jewels'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
=( (2.101 + 12.521) / 2 ) / 2458.14*365
=7.311 / 2458.14*365
=1.09

SMR Jewels'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
=( (2.101 + 12.521) / 2 ) / 2458.14*365 / 2
=7.311 / 2458.14*365 / 2
=0.54

* 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 1.09 mean?
SMR Jewels (BOM:544774) has a Days Payable of 1.09 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 SMR Jewels and its competitors. This is 91% below median its historical median of 12.77. Over the past decade, SMR Jewels' Days Payable has ranged from 1.09 to 45.45. According to the industry distribution chart, SMR Jewels ranks #1096 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 98.9%.
Is SMR Jewels' Days Payable too high?
SMR Jewels' current Days Payable of 1.09 is 91% below median its 10-year median of 12.77. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 45.45. The Retail - Cyclical industry median Days Payable is 50.65. SMR Jewels' value of 1.09 is 97.8% below this industry median. Based on the distribution chart, SMR Jewels ranks #1096 out of 1108 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, SMR Jewels has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does SMR Jewels' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, SMR Jewels ranks #1096 out of 1108 companies for Days Payable. This places SMR Jewels in the lower half of its industry. The industry median Days Payable is 50.65. SMR Jewels' value of 1.09 is 97.8% below this benchmark. Historically, SMR Jewels' own Days Payable has ranged from 1.09 to 45.45 over the past decade. While the company's 10-year median is 12.77 vs. the industry median of 50.65, SMR Jewels 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.65, based on 1,108 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. SMR Jewels's current Days Payable of 1.09 is 97.8% 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 SMR Jewels and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMR Jewels's current Days Payable is 1.09, which is 91% below median its own 10-year median of 12.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMR Jewels stock overvalued right now?
SMR Jewels (BOM:544774) has a current Days Payable of 1.09. The current Days Payable is 1.09, which is 91% below median its 10-year median of 12.77 and 97.8% below the Retail - Cyclical industry median of 50.65. SMR Jewels' overall GF Score™ is 18/100 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 SMR Jewels (BOM:544774), the current Days Payable is 1.09 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.

SMR Jewels Business Description

Address New Alkapuri Road, Off CG Road, 3, Vrindavan Appartments, Near Venudhar Society, Gulbai Tekra, Ambawadi, Ahmedabad, GJ, IND, 380015
SMR Jewels Ltd is engaged in manufacturing, trading and job work of jewellery and other accessories/products. The company sells and trade its manufactured and traded jewellery and other accessories/products through wholesale and retail outlets. Its product portfolio includes different types of jewellery, namely Designer Heritage Jewellery, Theme-Based Designer Heritage Jewellery, Nature-Inspired Jewellery, Traditional Jewellery, and Daily Wear Jewellery. The majority of the company's revenue is derived from the sales of ornaments and jewelry. Geographically, it operates only in India.
18GF Score

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

₹87.00
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