Metalic Technoforge (NSE:METALIC) Days Payable: 111.29 (As of Mar. 2026) — Near Median

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NSE:METALIC Metalic Technoforge Ltd NSE:METALIC
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Price ₹131.10
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What is Metalic Technoforge Days Payable?

Metalic Technoforge NSE:METALIC +0.61% 15 Days Payable is 111.29 as of Mar. 2026, which is 0% below its 10-year median of 111.67. GuruFocus rates NSE:METALIC with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 3,007 Industrial Products companies, Metalic Technoforge ranks better than 67.08% on this metric.

Metalic Technoforge's average Accounts Payable for the six months ended in Mar. 2026 was ₹215.5 Mil. Metalic Technoforge's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹353.3 Mil. Hence, Metalic Technoforge's Days Payable for the six months ended in Mar. 2026 was 111.29.

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

NSE:METALIC' s Days Payable Range Over the Past 10 Years
Min: 95.16   Med: 111.67   Max: 118.36
Current: 118.36

During the past 4 years, Metalic Technoforge's highest Days Payable was 118.36. The lowest was 95.16. And the median was 111.67.

NSE:METALIC's Days Payable is ranked better than
67.08% of 3007 companies
in the Industrial Products industry
Industry Median: 78.02 vs NSE:METALIC: 118.36

Metalic Technoforge's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (111.29). It may suggest that Metalic Technoforge delayed paying its suppliers.


Metalic Technoforge Days Payable Historical Data

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The historical data trend for Metalic Technoforge'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.

Metalic Technoforge Days Payable Chart

Metalic Technoforge Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
95.16 109.82 113.51 116.04

Metalic Technoforge Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Days Payable 0.00 0.00 0.00 130.11 111.29

NSE:METALIC vs ATI, CRS, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Metalic Technoforge'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.


Metalic Technoforge Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Metalic Technoforge's Days Payable falls into.


NSE:METALIC
15GF Score
Metalic Technoforge Ltd NSE:METALIC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Metalic Technoforge 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.

Metalic Technoforge'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
=( (180.289 + 219.165) / 2 ) / 628.259*365
=199.727 / 628.259*365
=116.04

Metalic Technoforge'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (211.753 + 219.165) / 2 ) / 353.312*365 / 2
=215.459 / 353.312*365 / 2
=111.29

* 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 111.29 mean?
Metalic Technoforge (NSE:METALIC) has a Days Payable of 111.29 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 Metalic Technoforge and its competitors. This is near median its historical median of 111.67. Over the past decade, Metalic Technoforge's Days Payable has ranged from 95.16 to 118.36. According to the industry distribution chart, Metalic Technoforge ranks #990 out of 3007 companies in the Industrial Products industry, placing it in the top 32.9%.
Is Metalic Technoforge's Days Payable too high?
Metalic Technoforge's current Days Payable of 111.29 is near median its 10-year median of 111.67. Over the past 10 years, this metric has ranged from a low of 95.16 to a high of 118.36. The Industrial Products industry median Days Payable is 78.02. Metalic Technoforge's value of 111.29 is 42.6% above this industry median. Based on the distribution chart, Metalic Technoforge ranks #990 out of 3007 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Metalic Technoforge has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Metalic Technoforge's Days Payable compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Metalic Technoforge ranks #990 out of 3007 companies for Days Payable. This puts Metalic Technoforge in the upper half of its industry. The industry median Days Payable is 78.02. Metalic Technoforge's value of 111.29 is 42.6% above this benchmark. Historically, Metalic Technoforge's own Days Payable has ranged from 95.16 to 118.36 over the past decade. While the company's 10-year median is 111.67 vs. the industry median of 78.02, Metalic Technoforge 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.02, based on 3,007 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. Metalic Technoforge's current Days Payable of 111.29 is 42.6% 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 Metalic Technoforge and its competitors. For the Industrial Products industry, the median Days Payable is 78.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalic Technoforge's current Days Payable is 111.29, which is near median its own 10-year median of 111.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalic Technoforge stock overvalued right now?
Metalic Technoforge (NSE:METALIC) has a current Days Payable of 111.29. The current Days Payable is 111.29, which is near median its 10-year median of 111.67 and 42.6% above the Industrial Products industry median of 78.02. Metalic Technoforge's overall GF Score™ is 15/100 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 Metalic Technoforge (NSE:METALIC), the current Days Payable is 111.29 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.

Metalic Technoforge Business Description

Address Padavala Main Road, Survey No.-129/1 P4 (New Survey no. 296), Plot No.- 05 & 06, Opposite Electric Power House, Village Padavala, Veraval (Shapar), Kotda Sanghani, Rajkot, GJ, IND, 360024
Metalic Technoforge Ltd is engaged in the business of manufacturing of closed die forged and precision-machined components. The company's product portfolio includes various forged and precision-machined products, including different sizes of rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components. It serves domestic and international original equipment manufacturers (OEMs) across automotive and non-automotive industries. The company's operations include die manufacturing, forging, heat treatment, shot blasting, precision machining, testing and quality assurance processes. The majority of revenue is derived from the sale of its products, mainly Gears and Transmission Components and General Engineering Components, in India.
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