CSM Technologies (BOM:544806) Days Payable: 35.63 (As of Mar. 2025) — 59% Above Median

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BOM:544806 CSM Technologies Ltd BOM:544806
22 GF Score
Price ₹93.45
! 1 Warning Sign
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What is CSM Technologies Days Payable?

CSM Technologies BOM:544806 -0.35% 22 Days Payable is 35.63 as of Mar. 2025, which is 59% above its 10-year median of 22.45. GuruFocus rates BOM:544806 with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 2,603 Software companies, CSM Technologies ranks worse than 62.16% on this metric.

CSM Technologies's average Accounts Payable for the six months ended in Mar. 2025 was ₹147 Mil. CSM Technologies's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹1,509 Mil. Hence, CSM Technologies's Days Payable for the six months ended in Mar. 2025 was 17.82.

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

BOM:544806' s Days Payable Range Over the Past 10 Years
Min: 15.14   Med: 22.45   Max: 35.63
Current: 35.63

During the past 3 years, CSM Technologies's highest Days Payable was 35.63. The lowest was 15.14. And the median was 22.45.

BOM:544806's Days Payable is ranked worse than
62.16% of 2603 companies
in the Software industry
Industry Median: 51.57 vs BOM:544806: 35.63

CSM Technologies's Days Payable increased from Mar. 2023 (15.14) to Mar. 2025 (35.63). It may suggest that CSM Technologies delayed paying its suppliers.


CSM Technologies Days Payable Historical Data

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The historical data trend for CSM Technologies'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.

CSM Technologies Days Payable Chart

CSM Technologies Annual Data
Trend Mar23 Mar24 Mar25
Days Payable
15.14 22.45 35.63

CSM Technologies Semi-Annual Data
Mar23 Mar24 Mar25
Days Payable 15.14 22.45 35.63

BOM:544806 vs IBM, ACN, CTSH: Days Payable Comparison

For the Information Technology Services subindustry, CSM Technologies'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.


CSM Technologies Days Payable vs Software Industry

For the Software industry and Technology sector, CSM Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where CSM Technologies's Days Payable falls into.


BOM:544806
22GF Score
CSM Technologies Ltd BOM:544806
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CSM Technologies 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.

CSM Technologies'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
=( (139.95 + 154.727) / 2 ) / 1509.248*365
=147.3385 / 1509.248*365
=35.63

CSM Technologies'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
=( (139.95 + 154.727) / 2 ) / 1509.248*365 / 2
=147.3385 / 1509.248*365 / 2
=17.82

* 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 35.63 mean?
CSM Technologies (BOM:544806) has a Days Payable of 35.63 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 CSM Technologies and its competitors. This is 59% above median its historical median of 22.45. Over the past decade, CSM Technologies' Days Payable has ranged from 15.14 to 35.63. According to the industry distribution chart, CSM Technologies ranks #1618 out of 2603 companies in the Software industry, placing it in the top 62.2%.
Is CSM Technologies' Days Payable too high?
CSM Technologies' current Days Payable of 35.63 is 59% above median its 10-year median of 22.45. Over the past 10 years, this metric has ranged from a low of 15.14 to a high of 35.63. The Software industry median Days Payable is 51.57. CSM Technologies' value of 35.63 is 30.9% below this industry median. Based on the distribution chart, CSM Technologies ranks #1618 out of 2603 companies in the Software industry, which is below the industry midpoint. Overall, CSM Technologies has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does CSM Technologies' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, CSM Technologies ranks #1618 out of 2603 companies for Days Payable. This places CSM Technologies in the lower half of its industry. The industry median Days Payable is 51.57. CSM Technologies' value of 35.63 is 30.9% below this benchmark. Historically, CSM Technologies' own Days Payable has ranged from 15.14 to 35.63 over the past decade. While the company's 10-year median is 22.45 vs. the industry median of 51.57, CSM Technologies 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 Software company?
The median Days Payable among Software companies is 51.57, based on 2,603 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. CSM Technologies's current Days Payable of 35.63 is 30.9% 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 CSM Technologies and its competitors. For the Software industry, the median Days Payable is 51.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSM Technologies's current Days Payable is 35.63, which is 59% above median its own 10-year median of 22.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSM Technologies stock overvalued right now?
CSM Technologies (BOM:544806) has a current Days Payable of 35.63. The current Days Payable is 35.63, which is 59% above median its 10-year median of 22.45 and 30.9% below the Software industry median of 51.57. CSM Technologies' overall GF Score™ is 22/100 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 CSM Technologies (BOM:544806), the current Days Payable is 35.63 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.

CSM Technologies Business Description

Other Exchanges CSM:India
Address Chandrasekharpur, Plot No - E/56, Infocity-1, Khordha, Bhubaneswar, OR, IND, 751 024
CSM Technologies Ltd provides a wide range of Information Technology services relating to software development, software licensing and designing with a minimal up-gradation which looks into the business need, end-to-end business solutions, creation of web enabled applications, web portals, corporate-wise process integration, business critical application, data warehousing, system integration, turnkey projects, e-Governance, community development, system integration technology and process solutions and other related services. The company serves various sectors such as mining and allied services, government & public services, agriculture and allied services, industry and trade facilitation, education, healthcare and tourism.
22GF Score

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₹93.45
Price