Emerald Tyre ManufacturersNSE:ETML +3.08%16 Days Payable is 67.12 as of Mar. 2025, which is 2% above its 10-year median of 65.78. GuruFocus rates NSE:ETML with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Emerald Tyre Manufacturers ranks better than 50.15% on this metric.
* 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.
Emerald Tyre Manufacturers Days Payable Chart
Emerald Tyre Manufacturers Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Days Payable
82.49
54.27
54.00
65.78
67.12
Emerald Tyre Manufacturers Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Days Payable
82.49
54.27
54.00
65.78
67.12
NSE:ETML vs ORLY, AZO: Days Payable Comparison
For the Auto Parts subindustry, Emerald Tyre Manufacturers'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.
Emerald Tyre Manufacturers Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Emerald Tyre Manufacturers's Days Payable distribution charts can be found below:
* The bar in red indicates where Emerald Tyre Manufacturers's Days Payable falls into.
Emerald Tyre Manufacturers 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.
* 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.
Emerald Tyre Manufacturers (NSE:ETML) has a Days Payable of 67.12 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 Emerald Tyre Manufacturers and its competitors. This is near median its historical median of 65.78. Over the past decade, Emerald Tyre Manufacturers' Days Payable has ranged from 54.00 to 82.49. According to the industry distribution chart, Emerald Tyre Manufacturers ranks #653 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 49.8%.
Is Emerald Tyre Manufacturers' Days Payable too high?
Emerald Tyre Manufacturers' current Days Payable of 67.12 is near median its 10-year median of 65.78. Over the past 10 years, this metric has ranged from a low of 54.00 to a high of 82.49. The Vehicles & Parts industry median Days Payable is 67.02. Emerald Tyre Manufacturers' value of 67.12 is 0.2% above this industry median. Based on the distribution chart, Emerald Tyre Manufacturers ranks #653 out of 1310 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Emerald Tyre Manufacturers has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Tyre Manufacturers' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Emerald Tyre Manufacturers ranks #653 out of 1310 companies for Days Payable. This puts Emerald Tyre Manufacturers in the upper half of its industry. The industry median Days Payable is 67.02. Emerald Tyre Manufacturers' value of 67.12 is 0.2% above this benchmark. Historically, Emerald Tyre Manufacturers' own Days Payable has ranged from 54.00 to 82.49 over the past decade. While the company's 10-year median is 65.78 vs. the industry median of 67.02, Emerald Tyre Manufacturers 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Emerald Tyre Manufacturers's current Days Payable of 67.12 is 0.2% 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 Emerald Tyre Manufacturers and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Tyre Manufacturers's current Days Payable is 67.12, which is near median its own 10-year median of 65.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Tyre Manufacturers stock overvalued right now?
Emerald Tyre Manufacturers (NSE:ETML) has a current Days Payable of 67.12. The current Days Payable is 67.12, which is near median its 10-year median of 65.78 and 0.2% above the Vehicles & Parts industry median of 67.02. Emerald Tyre Manufacturers' overall GF Score™ is 16/100 with 3 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 Emerald Tyre Manufacturers (NSE:ETML), the current Days Payable is 67.12 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.
Emerald Tyre Manufacturers Ltd is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications, like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders, etc.
16GF Score
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