Galaxy MedicareNSE:GML +4.97%19 Days Payable is 26.03 as of Mar. 2026, which is 42% below its 10-year median of 45.22. GuruFocus rates NSE:GML with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Galaxy Medicare ranks worse than 89.43% on this metric.
The historical rank and industry rank for Galaxy Medicare's Days Payable or its related term are showing as below:
NSE:GML'
s Days Payable Range Over the Past 10 Years
Min: 20.78 Med: 45.22 Max: 62.49
Current: 25.59
During the past 5 years, Galaxy Medicare's highest Days Payable was 62.49. The lowest was 20.78. And the median was 45.22.
NSE:GML's Days Payable is ranked worse than 89.43% of 795
companies
in the Medical Devices & Instruments industry
Industry Median: 68.07
vs NSE:GML: 25.59
Galaxy Medicare's Days Payable
increased
from Mar. 2025 (25.63) to Mar. 2026 (26.03).
It may suggest that Galaxy Medicaredelayed paying its suppliers.
Galaxy Medicare Days Payable Related Terms
Galaxy Medicare Days Payable Historical Data
* Premium members only.
The historical data trend for Galaxy Medicare'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.
NSE:GML vs ISRG, BDX, MDLN: Days Payable Comparison
For the Medical Instruments & Supplies subindustry, Galaxy Medicare'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.
Galaxy Medicare Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Galaxy Medicare's Days Payable distribution charts can be found below:
* The bar in red indicates where Galaxy Medicare'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.
Galaxy Medicare'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.
Galaxy Medicare (NSE:GML) has a Days Payable of 26.03 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 Galaxy Medicare and its competitors. This is 42% below median its historical median of 45.22. Over the past decade, Galaxy Medicare's Days Payable has ranged from 20.78 to 62.49. According to the industry distribution chart, Galaxy Medicare ranks #711 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 89.4%.
Is Galaxy Medicare's Days Payable too high?
Galaxy Medicare's current Days Payable of 26.03 is 42% below median its 10-year median of 45.22. Over the past 10 years, this metric has ranged from a low of 20.78 to a high of 62.49. The Medical Devices & Instruments industry median Days Payable is 68.07. Galaxy Medicare's value of 26.03 is 61.8% below this industry median. Based on the distribution chart, Galaxy Medicare ranks #711 out of 795 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Galaxy Medicare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Medicare's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Galaxy Medicare ranks #711 out of 795 companies for Days Payable. This places Galaxy Medicare in the lower half of its industry. The industry median Days Payable is 68.07. Galaxy Medicare's value of 26.03 is 61.8% below this benchmark. Historically, Galaxy Medicare's own Days Payable has ranged from 20.78 to 62.49 over the past decade. While the company's 10-year median is 45.22 vs. the industry median of 68.07, Galaxy Medicare 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. Galaxy Medicare's current Days Payable of 26.03 is 61.8% 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 Galaxy Medicare and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Medicare's current Days Payable is 26.03, which is 42% below median its own 10-year median of 45.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Medicare stock overvalued right now?
Galaxy Medicare (NSE:GML) has a current Days Payable of 26.03. The current Days Payable is 26.03, which is 42% below median its 10-year median of 45.22 and 61.8% below the Medical Devices & Instruments industry median of 68.07. Galaxy Medicare's overall GF Score™ is 19/100 with 2 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 Galaxy Medicare (NSE:GML), the current Days Payable is 26.03 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.
Galaxy Medicare Ltd is engaged into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Its business encompass: Manufacturing and Branding of its own products under its flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.
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