Madhav Marbles & Granites (NSE:MADHAV) Days Payable: 80.39 (As of Mar. 2026) — 24% Above Median


NSE:MADHAV Madhav Marbles & Granites Ltd NSE:MADHAV
63 GF Score
Price ₹36.30
GF Value ₹38.62
Valuation Fairly Valued
! 4 Warning Signs
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What is Madhav Marbles & Granites Days Payable?

Madhav Marbles & Granites NSE:MADHAV -0.68% 63 Days Payable is 80.39 as of Mar. 2026, which is 24% above its 10-year median of 64.85. GuruFocus rates NSE:MADHAV with a GF Score™ of 63/100 and a GF Value™ of ₹38.62 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,712 Construction companies, Madhav Marbles & Granites ranks better than 54.79% on this metric.

Madhav Marbles & Granites's average Accounts Payable for the three months ended in Mar. 2026 was ₹53.7 Mil. Madhav Marbles & Granites's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹61.0 Mil. Hence, Madhav Marbles & Granites's Days Payable for the three months ended in Mar. 2026 was 80.39.

The historical rank and industry rank for Madhav Marbles & Granites's Days Payable or its related term are showing as below:

NSE:MADHAV' s Days Payable Range Over the Past 10 Years
Min: 56.25   Med: 64.85   Max: 85.07
Current: 85.07

During the past 13 years, Madhav Marbles & Granites's highest Days Payable was 85.07. The lowest was 56.25. And the median was 64.85.

NSE:MADHAV's Days Payable is ranked better than
54.79% of 1712 companies
in the Construction industry
Industry Median: 76.635 vs NSE:MADHAV: 85.07

Madhav Marbles & Granites's Days Payable increased from Mar. 2025 (66.13) to Mar. 2026 (80.39). It may suggest that Madhav Marbles & Granites delayed paying its suppliers.


Madhav Marbles & Granites Days Payable Historical Data

* Premium members only.

The historical data trend for Madhav Marbles & Granites'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.

Madhav Marbles & Granites Days Payable Chart

Madhav Marbles & Granites Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.41 61.74 61.23 68.07 81.39

Madhav Marbles & Granites Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 66.13 64.02 99.13 110.74 80.39

NSE:MADHAV vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Madhav Marbles & Granites'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.


Madhav Marbles & Granites Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Madhav Marbles & Granites's Days Payable distribution charts can be found below:

* The bar in red indicates where Madhav Marbles & Granites's Days Payable falls into.


NSE:MADHAV
63GF Score
Madhav Marbles & Granites Ltd NSE:MADHAV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Madhav Marbles & Granites 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.

Madhav Marbles & Granites'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
=( (36.042 + 53.728) / 2 ) / 201.286*365
=44.885 / 201.286*365
=81.39

Madhav Marbles & Granites'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 + 53.728) / 1 ) / 60.983*365 / 4
=53.728 / 60.983*365 / 4
=80.39

* 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 80.39 mean?
Madhav Marbles & Granites (NSE:MADHAV) has a Days Payable of 80.39 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 Madhav Marbles & Granites and its competitors. This is 24% above median its historical median of 64.85. Over the past decade, Madhav Marbles & Granites' Days Payable has ranged from 56.25 to 85.07. According to the industry distribution chart, Madhav Marbles & Granites ranks #774 out of 1712 companies in the Construction industry, placing it in the top 45.2%.
Is Madhav Marbles & Granites' Days Payable too high?
Madhav Marbles & Granites' current Days Payable of 80.39 is 24% above median its 10-year median of 64.85. Over the past 10 years, this metric has ranged from a low of 56.25 to a high of 85.07. The Construction industry median Days Payable is 76.64. Madhav Marbles & Granites' value of 80.39 is 4.9% above this industry median. Based on the distribution chart, Madhav Marbles & Granites ranks #774 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Madhav Marbles & Granites has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Madhav Marbles & Granites' Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Madhav Marbles & Granites ranks #774 out of 1712 companies for Days Payable. This puts Madhav Marbles & Granites in the upper half of its industry. The industry median Days Payable is 76.64. Madhav Marbles & Granites' value of 80.39 is 4.9% above this benchmark. Historically, Madhav Marbles & Granites' own Days Payable has ranged from 56.25 to 85.07 over the past decade. While the company's 10-year median is 64.85 vs. the industry median of 76.64, Madhav Marbles & Granites 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 Construction company?
The median Days Payable among Construction companies is 76.64, based on 1,712 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. Madhav Marbles & Granites's current Days Payable of 80.39 is 4.9% 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 Madhav Marbles & Granites and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madhav Marbles & Granites's current Days Payable is 80.39, which is 24% above median its own 10-year median of 64.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhav Marbles & Granites stock overvalued right now?
Based on GuruFocus' analysis, Madhav Marbles & Granites (NSE:MADHAV) is currently considered Fairly Valued. The stock's GF Value™ is ₹38.62, compared to a current price of ₹36.30 — trading 6% below its estimated fair value. The current Days Payable is 80.39, which is 24% above median its 10-year median of 64.85 and 4.9% above the Construction industry median of 76.64. Madhav Marbles & Granites' overall GF Score™ is 63/100 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 Madhav Marbles & Granites (NSE:MADHAV), the current Days Payable is 80.39 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 Madhav Marbles & Granites (NSE:MADHAV) Overvalued in 2026?

Based on GuruFocus' analysis, Madhav Marbles & Granites stock appears to be undervalued. The current stock price of ₹36.30 is trading 6% below its estimated GF Value™ of ₹38.62. GuruFocus considers Madhav Marbles & Granites to be Fairly Valued.

Key valuation signals for NSE:MADHAV:

  • Days Payable: 80.39 (24% above median its 10-year median of 64.85)
  • GF Value™: ₹38.62 vs. price of ₹36.30 (6% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 4.9% above the Construction median (#774 of 1712)

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


Madhav Marbles & Granites Business Description

Other Exchanges 515093:India
Address 16, Saheli Marg, First Floor, Mumal Towers, Udaipur, RJ, IND, 313001
Madhav Marbles & Granites Ltd engages in processing and exporting natural stone products including marble, granite, quartz, quartzite, and sandstone. Its operations include a Granite Division based in South India in a region known for granite reserves, and a Marble Division located in North India near the green marble quarries. The company generates revenue through manufacturing and exporting natural stone slabs and tiles to the markets of various countries, including North America, South America, Europe, Australia, South Africa, Russia, and the Far East. Its facilities are situated close to raw material sources, supporting efficient procurement and production. The company also includes segments related to realty and power generation alongside its core stone processing business.
63GF Score

Get the complete analysis for NSE:MADHAV

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

₹36.30
Price
₹38.62
GF Value