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Indo MIMBOM:544837 -1.03%17 Days Payable is 44.68 as of Mar. 2026, which is 28% below its 10-year median of 62.38. GuruFocus rates BOM:544837 with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 3,007 Industrial Products companies, Indo MIM ranks worse than 73.1% on this metric.
Indo MIM's average Accounts Payable for the
six
months ended in Mar. 2026 was ₹2,121 Mil. Indo MIM's Cost of Goods Sold for the
six
months ended in Mar. 2026 was ₹17,327 Mil.
Hence, Indo MIM's Days Payable for the
six
months ended in Mar. 2026 was 22.34.
The historical rank and industry rank for Indo MIM's Days Payable or its related term are showing as below:
BOM:544837'
s Days Payable Range Over the Past 10 Years
Min: 44.68 Med: 62.38 Max: 72.57
Current: 44.68
During the past 4 years, Indo MIM's highest Days Payable was 72.57. The lowest was 44.68. And the median was 62.38.
BOM:544837's Days Payable is ranked worse than 73.1% of 3007
companies
in the Industrial Products industry
Industry Median: 78.02
vs BOM:544837: 44.68
Indo MIM's Days Payable
declined
from Mar. 2024 (64.14) to Mar. 2026 (44.68).
It may suggest that Indo MIMaccelerated paying its suppliers.
The historical data trend for Indo MIM'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.
Indo MIM Days Payable Chart
Indo MIM Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Days Payable
72.57
64.14
60.62
44.68
Indo MIM Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Days Payable
72.57
64.14
60.62
44.68
BOM:544837 vs ATI, CRS, MLI: Days Payable Comparison
For the Metal Fabrication subindustry, Indo MIM'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.
Indo MIM Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Indo MIM's Days Payable distribution charts can be found below:
* The bar in red indicates where Indo MIM's Days Payable falls into.
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.
Indo MIM's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Indo MIM (BOM:544837) has a Days Payable of 44.68 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 Indo MIM and its competitors. This is 28% below median its historical median of 62.38. Over the past decade, Indo MIM's Days Payable has ranged from 44.68 to 72.57. According to the industry distribution chart, Indo MIM ranks #2198 out of 3007 companies in the Industrial Products industry, placing it in the top 73.1%.
Is Indo MIM's Days Payable too high?
Indo MIM's current Days Payable of 44.68 is 28% below median its 10-year median of 62.38. Over the past 10 years, this metric has ranged from a low of 44.68 to a high of 72.57. The Industrial Products industry median Days Payable is 78.02. Indo MIM's value of 44.68 is 42.7% below this industry median. Based on the distribution chart, Indo MIM ranks #2198 out of 3007 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Indo MIM has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indo MIM's Days Payable compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Indo MIM ranks #2198 out of 3007 companies for Days Payable. This places Indo MIM in the lower half of its industry. The industry median Days Payable is 78.02. Indo MIM's value of 44.68 is 42.7% below this benchmark. Historically, Indo MIM's own Days Payable has ranged from 44.68 to 72.57 over the past decade. While the company's 10-year median is 62.38 vs. the industry median of 78.02, Indo MIM 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.02, based on 3,007 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. Indo MIM's current Days Payable of 44.68 is 42.7% 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 Indo MIM and its competitors. For the Industrial Products industry, the median Days Payable is 78.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo MIM's current Days Payable is 44.68, which is 28% below median its own 10-year median of 62.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo MIM stock overvalued right now?
Indo MIM (BOM:544837) has a current Days Payable of 44.68. The current Days Payable is 44.68, which is 28% below median its 10-year median of 62.38 and 42.7% below the Industrial Products industry median of 78.02. Indo MIM's overall GF Score™ is 17/100 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 Indo MIM (BOM:544837), the current Days Payable is 44.68 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.
Indo MIM Ltd is engaged in the business of manufacturing and trading of precision engineered metal products using metal injection molding (MIM) technology. Its capabilities include mold designing and tooling, finishing, and assembly operations. It also uses investment casting, precision machining, ceramic injection molding, and metal 3D printing technologies. Its products serve the automotive, defense, medical, consumer, and aerospace sectors. The majority of the company's revenue is derived from the sale of its products outside India, by exporting to North America, Europe and South East Asia.
17GF Score
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