Marshall Machines (NSE:MARSHALL) Days Payable: 646.04 (As of Mar. 2024)

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NSE:MARSHALL Marshall Machines Ltd NSE:MARSHALL
4 GF Score
Price ₹3.64
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What is Marshall Machines Days Payable?

Marshall Machines NSE:MARSHALL 4 Days Payable is 646.04 as of Mar. 2024. GuruFocus rates NSE:MARSHALL with a GF Score™ of 4/100.

Marshall Machines's average Accounts Payable for the six months ended in Mar. 2024 was ₹368.1 Mil. Marshall Machines's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹104.0 Mil. Hence, Marshall Machines's Days Payable for the six months ended in Mar. 2024 was 646.04.

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

NSE:MARSHALL's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 77.97
* Ranked among companies with meaningful Days Payable only.

Marshall Machines's Days Payable increased from Mar. 2023 (326.68) to Mar. 2024 (646.04). It may suggest that Marshall Machines delayed paying its suppliers.

Marshall Machines Days Payable Historical Data

* Premium members only.

The historical data trend for Marshall Machines'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.

Marshall Machines Days Payable Chart

Marshall Machines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 219.01 164.41 217.78 416.47 688.49

Marshall Machines Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 223.24 423.01 326.68 828.33 646.04

NSE:MARSHALL vs ETN, PH, ITW: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Marshall Machines'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.

Marshall Machines Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marshall Machines's Days Payable distribution charts can be found below:

* The bar in red indicates where Marshall Machines's Days Payable falls into.


NSE:MARSHALL
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Marshall Machines Ltd NSE:MARSHALL
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Marshall Machines 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.

Marshall Machines's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (381.433 + 335.789) / 2 ) / 190.116*365
=358.611 / 190.116*365
=688.49

Marshall Machines's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (400.418 + 335.789) / 2 ) / 103.986*365 / 2
=368.1035 / 103.986*365 / 2
=646.04

* 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 646.04 mean?
Marshall Machines (NSE:MARSHALL) has a Days Payable of 646.04 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Marshall Machines and its competitors.
Is Marshall Machines' Days Payable too high?
Marshall Machines' current Days Payable is 646.04. The Industrial Products industry median Days Payable is 77.97. Marshall Machines' value of 646.04 is 728.6% above this industry median. Overall, Marshall Machines has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Marshall Machines' Days Payable compare to ETN and PH?
Marshall Machines' Days Payable of 646.04 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.97. Marshall Machines' value of 646.04 is 728.6% above this benchmark. 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Marshall Machines's current Days Payable of 646.04 is 728.6% 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 Marshall Machines and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marshall Machines's current Days Payable is 646.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshall Machines stock overvalued right now?
Marshall Machines (NSE:MARSHALL) has a current Days Payable of 646.04. The current Days Payable is 646.04 and 728.6% above the Industrial Products industry median of 77.97. Marshall Machines' overall GF Score™ is 4/100. 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 Marshall Machines (NSE:MARSHALL), the current Days Payable is 646.04 as of Mar. 2024. 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.

Marshall Machines Business Description

Address C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010
Marshall Machines Ltd is an India based company is engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including wide range of single spindle, patented double and four spindle CNC machines, automated robotic solutions and patent pending IoTQ suite of intelligent equipment. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.
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