GSM Foils (NSE:GSMFOILS) Days Payable: 48.20 (As of Mar. 2026) — 245% Above Median


NSE:GSMFOILS GSM Foils Ltd NSE:GSMFOILS
43 GF Score
Price ₹248.30
! 6 Warning Signs
View Full Analysis

What is GSM Foils Days Payable?

GSM Foils NSE:GSMFOILS +0.85% 43 Days Payable is 48.20 as of Mar. 2026, which is 245% above its 10-year median of 13.97. GuruFocus rates NSE:GSMFOILS with a GF Score™ of 43/100. The stock has 6 warning signs investors should review. Among 794 Medical Devices & Instruments companies, GSM Foils ranks worse than 82.24% on this metric.

GSM Foils's average Accounts Payable for the three months ended in Mar. 2026 was ₹367 Mil. GSM Foils's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹694 Mil. Hence, GSM Foils's Days Payable for the three months ended in Mar. 2026 was 48.20.

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

NSE:GSMFOILS' s Days Payable Range Over the Past 10 Years
Min: 2.49   Med: 13.97   Max: 36.66
Current: 32.55

During the past 6 years, GSM Foils's highest Days Payable was 36.66. The lowest was 2.49. And the median was 13.97.

NSE:GSMFOILS's Days Payable is ranked worse than
82.24% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 67.97 vs NSE:GSMFOILS: 32.55

GSM Foils's Days Payable increased from Mar. 2025 (18.03) to Mar. 2026 (48.20). It may suggest that GSM Foils delayed paying its suppliers.


GSM Foils Days Payable Historical Data

* Premium members only.

The historical data trend for GSM Foils'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.

GSM Foils Days Payable Chart

GSM Foils Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 4.11 11.64 25.82 16.29 36.66

GSM Foils Quarterly Data
Mar21 Mar22 Mar23 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 18.03 15.02 27.07 23.93 48.20

NSE:GSMFOILS vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, GSM Foils'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.


GSM Foils Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GSM Foils's Days Payable distribution charts can be found below:

* The bar in red indicates where GSM Foils's Days Payable falls into.


NSE:GSMFOILS
43GF Score
GSM Foils Ltd NSE:GSMFOILS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSM Foils 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.

GSM Foils'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
=( (73.644 + 366.691) / 2 ) / 2192.001*365
=220.1675 / 2192.001*365
=36.66

GSM Foils'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 + 366.691) / 1 ) / 694.273*365 / 4
=366.691 / 694.273*365 / 4
=48.20

* 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 48.20 mean?
GSM Foils (NSE:GSMFOILS) has a Days Payable of 48.20 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 GSM Foils and its competitors. This is 245% above median its historical median of 13.97. Over the past decade, GSM Foils' Days Payable has ranged from 2.49 to 36.66. According to the industry distribution chart, GSM Foils ranks #653 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 82.2%.
Is GSM Foils' Days Payable too high?
GSM Foils' current Days Payable of 48.20 is 245% above median its 10-year median of 13.97. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 36.66. The Medical Devices & Instruments industry median Days Payable is 67.97. GSM Foils' value of 48.20 is 29.1% below this industry median. Based on the distribution chart, GSM Foils ranks #653 out of 794 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, GSM Foils has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does GSM Foils' Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, GSM Foils ranks #653 out of 794 companies for Days Payable. This places GSM Foils in the lower half of its industry. The industry median Days Payable is 67.97. GSM Foils' value of 48.20 is 29.1% below this benchmark. Historically, GSM Foils' own Days Payable has ranged from 2.49 to 36.66 over the past decade. While the company's 10-year median is 13.97 vs. the industry median of 67.97, GSM Foils 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 67.97, based on 794 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. GSM Foils's current Days Payable of 48.20 is 29.1% 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 GSM Foils and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSM Foils's current Days Payable is 48.20, which is 245% above median its own 10-year median of 13.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSM Foils stock overvalued right now?
GSM Foils (NSE:GSMFOILS) has a current Days Payable of 48.20. The current Days Payable is 48.20, which is 245% above median its 10-year median of 13.97 and 29.1% below the Medical Devices & Instruments industry median of 67.97. GSM Foils' overall GF Score™ is 43/100 with 6 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 GSM Foils (NSE:GSMFOILS), the current Days Payable is 48.20 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.

GSM Foils Business Description

Address Gala No 06, 106, 206, 306, Sapphire Building, Diamond Industrial Estate, Vasai East IE, Thane, MH, IND, 401208
GSM Foils Ltd is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils (also known as Strip Foils) which is used in packing of pharmaceutical medicines which includes capsules and tablets both. It products includes plain and printed aluminum foils and strip foils along with alu alu base foils and it ranges from 0.020/ 0.025/ 0.030/ 0.040 micron for coated /ploy laminated/ blister/ strip printed foils. Aluminium Foil or Strip Foils are one of the packaging options for highly sensitive pharmaceutical products that protects the medicines from oxygen, moisture, and other environmental influences. Blister Foils are commonly used as unit-dose packaging for pharmaceutical tablets.
43GF Score

Get the complete analysis for NSE:GSMFOILS

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

₹248.30
Price