Millworks Technologies (BOM:544826) Days Payable: 163.35 (As of Mar. 2026) — 15% Above Median

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BOM:544826 Millworks Technologies Ltd BOM:544826
22 GF Score
Price ₹1,170.20
! 4 Warning Signs
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What is Millworks Technologies Days Payable?

Millworks Technologies BOM:544826 +4.33% 22 Days Payable is 163.35 as of Mar. 2026, which is 15% above its 10-year median of 141.67. GuruFocus rates BOM:544826 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 3,004 Industrial Products companies, Millworks Technologies ranks better than 78.46% on this metric.

Millworks Technologies's average Accounts Payable for the six months ended in Mar. 2026 was ₹383 Mil. Millworks Technologies's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹856 Mil. Hence, Millworks Technologies's Days Payable for the six months ended in Mar. 2026 was 81.67.

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

BOM:544826' s Days Payable Range Over the Past 10 Years
Min: 116.85   Med: 141.67   Max: 300.22
Current: 163.35

During the past 4 years, Millworks Technologies's highest Days Payable was 300.22. The lowest was 116.85. And the median was 141.67.

BOM:544826's Days Payable is ranked better than
78.46% of 3004 companies
in the Industrial Products industry
Industry Median: 78.565 vs BOM:544826: 163.35

Millworks Technologies's Days Payable increased from Mar. 2024 (119.98) to Mar. 2026 (163.35). It may suggest that Millworks Technologies delayed paying its suppliers.


Millworks Technologies Days Payable Historical Data

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The historical data trend for Millworks 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.

Millworks Technologies Days Payable Chart

Millworks Technologies Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
300.22 119.98 116.85 163.35

Millworks Technologies Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Days Payable 300.22 119.98 116.85 163.35

BOM:544826 vs ATI, CRS, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Millworks 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.


Millworks Technologies Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Millworks Technologies's Days Payable distribution charts can be found below:

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


BOM:544826
22GF Score
Millworks Technologies Ltd BOM:544826
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Millworks 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.

Millworks Technologies'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
=( (43.727 + 722.336) / 2 ) / 855.878*365
=383.0315 / 855.878*365
=163.35

Millworks Technologies'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
=( (43.727 + 722.336) / 2 ) / 855.878*365 / 2
=383.0315 / 855.878*365 / 2
=81.67

* 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 163.35 mean?
Millworks Technologies (BOM:544826) has a Days Payable of 163.35 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 Millworks Technologies and its competitors. This is 15% above median its historical median of 141.67. Over the past decade, Millworks Technologies' Days Payable has ranged from 116.85 to 300.22. According to the industry distribution chart, Millworks Technologies ranks #647 out of 3004 companies in the Industrial Products industry, placing it in the top 21.5%.
Is Millworks Technologies' Days Payable too high?
Millworks Technologies' current Days Payable of 163.35 is 15% above median its 10-year median of 141.67. Over the past 10 years, this metric has ranged from a low of 116.85 to a high of 300.22. The Industrial Products industry median Days Payable is 78.57. Millworks Technologies' value of 163.35 is 107.9% above this industry median. Based on the distribution chart, Millworks Technologies ranks #647 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Millworks Technologies has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Millworks Technologies' Days Payable compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Millworks Technologies ranks #647 out of 3004 companies for Days Payable. This places Millworks Technologies in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.57. Millworks Technologies' value of 163.35 is 107.9% above this benchmark. Historically, Millworks Technologies' own Days Payable has ranged from 116.85 to 300.22 over the past decade. While the company's 10-year median is 141.67 vs. the industry median of 78.57, Millworks Technologies has consistently been above 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.57, based on 3,004 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. Millworks Technologies's current Days Payable of 163.35 is 107.9% above 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 Millworks Technologies and its competitors. For the Industrial Products industry, the median Days Payable is 78.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millworks Technologies's current Days Payable is 163.35, which is 15% above median its own 10-year median of 141.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millworks Technologies stock overvalued right now?
Millworks Technologies (BOM:544826) has a current Days Payable of 163.35. The current Days Payable is 163.35, which is 15% above median its 10-year median of 141.67 and 107.9% above the Industrial Products industry median of 78.57. Millworks Technologies' overall GF Score™ is 22/100 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 Millworks Technologies (BOM:544826), the current Days Payable is 163.35 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.

Millworks Technologies Business Description

Address No.458/1, 10th a Cross, Phase-4, Peenya Industrial Area, Near Brundavan Bus Stop, Peenya Small Industries, Bangalore north, Bangalore, KA, IND, 560058
Millworks Technologies Ltd is a precision engineering company engaged in the manufacture of machined components, sheet metal parts, and integrated assemblies used in applications across the railways, aerospace, defence, and semiconductor sectors. Its product offerings include various Aero Engine Parts, Train Door Parts, Automation Machinery, etc. The majority of revenue is derived from the sale of its products to the Defence sector.
22GF Score

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₹1,170.20
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