Advance Technoforge (BOM:544843) Days Payable: 127.49 (As of Mar. 2026) — 47% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544843 Advance Technoforge Ltd BOM:544843
11 GF Score
Price ₹75.67
! 4 Warning Signs
View Full Analysis

What is Advance Technoforge Days Payable?

Advance Technoforge BOM:544843 +4.17% 11 Days Payable is 127.49 as of Mar. 2026, which is 47% above its 10-year median of 86.74. GuruFocus rates BOM:544843 with a GF Score™ of 11/100. The stock has 4 warning signs investors should review. Among 3,007 Industrial Products companies, Advance Technoforge ranks better than 69.74% on this metric.

Advance Technoforge's average Accounts Payable for the six months ended in Mar. 2026 was ₹122.9 Mil. Advance Technoforge's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹351.8 Mil. Hence, Advance Technoforge's Days Payable for the six months ended in Mar. 2026 was 63.75.

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

BOM:544843' s Days Payable Range Over the Past 10 Years
Min: 73.01   Med: 86.74   Max: 127.49
Current: 127.49

During the past 4 years, Advance Technoforge's highest Days Payable was 127.49. The lowest was 73.01. And the median was 86.74.

BOM:544843's Days Payable is ranked better than
69.74% of 3007 companies
in the Industrial Products industry
Industry Median: 78.02 vs BOM:544843: 127.49

Advance Technoforge's Days Payable increased from Mar. 2024 (73.01) to Mar. 2026 (127.49). It may suggest that Advance Technoforge delayed paying its suppliers.


Advance Technoforge Days Payable Historical Data

* Premium members only.

The historical data trend for Advance Technoforge'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.

Advance Technoforge Days Payable Chart

Advance Technoforge Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
80.10 73.01 93.38 127.49

Advance Technoforge Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Days Payable 80.10 73.01 93.38 127.49

BOM:544843 vs ATI, CRS, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Advance Technoforge'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.


Advance Technoforge Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Advance Technoforge's Days Payable falls into.


BOM:544843
11GF Score
Advance Technoforge Ltd BOM:544843
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advance Technoforge 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.

Advance Technoforge'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
=( (111.254 + 134.538) / 2 ) / 351.844*365
=122.896 / 351.844*365
=127.49

Advance Technoforge'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
=( (111.254 + 134.538) / 2 ) / 351.844*365 / 2
=122.896 / 351.844*365 / 2
=63.75

* 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 127.49 mean?
Advance Technoforge (BOM:544843) has a Days Payable of 127.49 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 Advance Technoforge and its competitors. This is 47% above median its historical median of 86.74. Over the past decade, Advance Technoforge's Days Payable has ranged from 73.01 to 127.49. According to the industry distribution chart, Advance Technoforge ranks #910 out of 3007 companies in the Industrial Products industry, placing it in the top 30.3%.
Is Advance Technoforge's Days Payable too high?
Advance Technoforge's current Days Payable of 127.49 is 47% above median its 10-year median of 86.74. Over the past 10 years, this metric has ranged from a low of 73.01 to a high of 127.49. The Industrial Products industry median Days Payable is 78.02. Advance Technoforge's value of 127.49 is 63.4% above this industry median. Based on the distribution chart, Advance Technoforge ranks #910 out of 3007 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Advance Technoforge has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Advance Technoforge's Days Payable compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Advance Technoforge ranks #910 out of 3007 companies for Days Payable. This puts Advance Technoforge in the upper half of its industry. The industry median Days Payable is 78.02. Advance Technoforge's value of 127.49 is 63.4% above this benchmark. Historically, Advance Technoforge's own Days Payable has ranged from 73.01 to 127.49 over the past decade. While the company's 10-year median is 86.74 vs. the industry median of 78.02, Advance Technoforge 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 78.02, 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. Advance Technoforge's current Days Payable of 127.49 is 63.4% 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 Advance Technoforge 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. Advance Technoforge's current Days Payable is 127.49, which is 47% above median its own 10-year median of 86.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Technoforge stock overvalued right now?
Advance Technoforge (BOM:544843) has a current Days Payable of 127.49. The current Days Payable is 127.49, which is 47% above median its 10-year median of 86.74 and 63.4% above the Industrial Products industry median of 78.02. Advance Technoforge's overall GF Score™ is 11/100 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 Advance Technoforge (BOM:544843), the current Days Payable is 127.49 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.

Advance Technoforge Business Description

Address At. & Po. Padavala Road, Survey No. 121, Plot No.1 to 6, Opposite Eaterflow Piping System, Veraval Shapar Industrial Area, Lodhika, Rajkot, GJ, IND, 360024
Advance Technoforge Ltd is engaged in the manufacturing of forged steel machined components of Carbon Steel, Alloy Steel, and Stainless Steel, specializing in Closed Die Forging, Upset Forging and Ring Rolling Forging in both rough and precision machined conditions. The company supplies these products to automotive, General engineering, oil & gas, Earth Moving and heavy machinery industries. The majority of its revenue is derived from the sale of its products in India.
11GF Score

Get the complete analysis for BOM:544843

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

₹75.67
Price