Gretexorate Services (NSE:GCSL) Days Payable: 9.97 (As of Mar. 2026) — 349% Above Median


NSE:GCSL Gretex Corporate Services Ltd NSE:GCSL
74 GF Score
Price ₹486.10
GF Value ₹683.65
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Gretexorate Services Days Payable?

Gretexorate Services NSE:GCSL -1.04% 74 Days Payable is 9.97 as of Mar. 2026, which is 349% above its 10-year median of 2.22. GuruFocus rates NSE:GCSL with a GF Score™ of 74/100 and a GF Value™ of ₹683.65 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 540 Capital Markets companies, Gretexorate Services ranks worse than 88.7% on this metric.

Gretexorate Services's average Accounts Payable for the three months ended in Mar. 2026 was ₹18 Mil. Gretexorate Services's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹165 Mil. Hence, Gretexorate Services's Days Payable for the three months ended in Mar. 2026 was 9.97.

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

NSE:GCSL' s Days Payable Range Over the Past 10 Years
Min: 0.32   Med: 2.22   Max: 38.69
Current: 4.18

During the past 8 years, Gretexorate Services's highest Days Payable was 38.69. The lowest was 0.32. And the median was 2.22.

NSE:GCSL's Days Payable is ranked worse than
88.7% of 540 companies
in the Capital Markets industry
Industry Median: 91.345 vs NSE:GCSL: 4.18

Gretexorate Services's Days Payable increased from Mar. 2025 (0.52) to Mar. 2026 (9.97). It may suggest that Gretexorate Services delayed paying its suppliers.


Gretexorate Services Days Payable Historical Data

* Premium members only.

The historical data trend for Gretexorate Services'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.

Gretexorate Services Days Payable Chart

Gretexorate Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 0.00 38.69 0.49 0.32 3.95

Gretexorate Services Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 2.03 2.94 4.22 9.97

NSE:GCSL vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Gretexorate Services'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.


Gretexorate Services Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gretexorate Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Gretexorate Services's Days Payable falls into.


NSE:GCSL
74GF Score
Gretex Corporate Services Ltd NSE:GCSL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gretexorate Services 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.

Gretexorate Services'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
=( (3.713 + 17.975) / 2 ) / 1003.26*365
=10.844 / 1003.26*365
=3.95

Gretexorate Services'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 17.975) / 1 ) / 164.529*365 / 4
=17.975 / 164.529*365 / 4
=9.97

* 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 9.97 mean?
Gretexorate Services (NSE:GCSL) has a Days Payable of 9.97 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 Gretexorate Services and its competitors. This is 349% above median its historical median of 2.22. Over the past decade, Gretexorate Services' Days Payable has ranged from 0.32 to 38.69. According to the industry distribution chart, Gretexorate Services ranks #479 out of 540 companies in the Capital Markets industry, placing it in the top 88.7%.
Is Gretexorate Services' Days Payable too high?
Gretexorate Services' current Days Payable of 9.97 is 349% above median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 38.69. The Capital Markets industry median Days Payable is 91.35. Gretexorate Services' value of 9.97 is 89.1% below this industry median. Based on the distribution chart, Gretexorate Services ranks #479 out of 540 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Gretexorate Services has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gretexorate Services' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Gretexorate Services ranks #479 out of 540 companies for Days Payable. This places Gretexorate Services in the lower half of its industry. The industry median Days Payable is 91.35. Gretexorate Services' value of 9.97 is 89.1% below this benchmark. Historically, Gretexorate Services' own Days Payable has ranged from 0.32 to 38.69 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 91.35, Gretexorate Services 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.35, based on 540 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. Gretexorate Services's current Days Payable of 9.97 is 89.1% 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 Gretexorate Services and its competitors. For the Capital Markets industry, the median Days Payable is 91.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gretexorate Services's current Days Payable is 9.97, which is 349% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gretexorate Services stock overvalued right now?
Based on GuruFocus' analysis, Gretexorate Services (NSE:GCSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹683.65, compared to a current price of ₹486.10 — trading 28.9% below its estimated fair value. The current Days Payable is 9.97, which is 349% above median its 10-year median of 2.22 and 89.1% below the Capital Markets industry median of 91.35. Gretexorate Services' overall GF Score™ is 74/100 with 7 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 Gretexorate Services (NSE:GCSL), the current Days Payable is 9.97 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.

Is Gretexorate Services (NSE:GCSL) Overvalued in 2026?

Based on GuruFocus' analysis, Gretexorate Services stock appears to be undervalued. The current stock price of ₹486.10 is trading 28.9% below its estimated GF Value™ of ₹683.65. GuruFocus considers Gretexorate Services to be Modestly Undervalued.

Key valuation signals for NSE:GCSL:

  • Days Payable: 9.97 (349% above median its 10-year median of 2.22)
  • GF Value™: ₹683.65 vs. price of ₹486.10 (28.9% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 89.1% below the Capital Markets median (#479 of 540)

No single metric tells the full story. See the NSE:GCSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gretexorate Services Business Description

Other Exchanges 543324:India
Address 9-15, Homi Modi Street, Office No. 13, 1st Floor, New Bansilal Building, Near Bombay Stock Exchange, Fort, Mumbai, MH, IND, 400 001
Gretex Corporate Services Ltd is engaged in the business of Merchant Banking and acts as an agent of and or dealers in the securities in the course of Merchant Banking Business.
74GF Score

Get the complete analysis for NSE:GCSL

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

₹486.10
Price
₹683.65
GF Value