Modison (NSE:MODISONLTD) Days Payable: 7.17 (As of Mar. 2026) — 32% Below Median


NSE:MODISONLTD Modison Ltd NSE:MODISONLTD
80 GF Score
Price ₹299.20
GF Value ₹233.46
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Modison Days Payable?

Modison NSE:MODISONLTD +2.84% 80 Days Payable is 7.17 as of Mar. 2026, which is 32% below its 10-year median of 10.58. GuruFocus rates NSE:MODISONLTD with a GF Score™ of 80/100 and a GF Value™ of ₹233.46 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,993 Industrial Products companies, Modison ranks worse than 98.6% on this metric.

Modison's average Accounts Payable for the three months ended in Mar. 2026 was ₹156 Mil. Modison's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,984 Mil. Hence, Modison's Days Payable for the three months ended in Mar. 2026 was 7.17.

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

NSE:MODISONLTD' s Days Payable Range Over the Past 10 Years
Min: 8.42   Med: 10.58   Max: 11.69
Current: 8.72

During the past 13 years, Modison's highest Days Payable was 11.69. The lowest was 8.42. And the median was 10.58.

NSE:MODISONLTD's Days Payable is ranked worse than
98.6% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs NSE:MODISONLTD: 8.72

Modison's Days Payable declined from Mar. 2025 (8.85) to Mar. 2026 (7.17). It may suggest that Modison accelerated paying its suppliers.


Modison Days Payable Historical Data

* Premium members only.

The historical data trend for Modison'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.

Modison Days Payable Chart

Modison 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 8.42 10.70 10.56 9.03 8.55

Modison 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 8.85 7.96 10.39 10.65 7.17

NSE:MODISONLTD vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Modison'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.


Modison Days Payable vs Industrial Products Industry

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

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


NSE:MODISONLTD
80GF Score
Modison Ltd NSE:MODISONLTD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Modison 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.

Modison'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
=( (96.45 + 155.814) / 2 ) / 5384.194*365
=126.132 / 5384.194*365
=8.55

Modison'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 + 155.814) / 1 ) / 1983.967*365 / 4
=155.814 / 1983.967*365 / 4
=7.17

* 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 7.17 mean?
Modison (NSE:MODISONLTD) has a Days Payable of 7.17 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 Modison and its competitors. This is 32% below median its historical median of 10.58. Over the past decade, Modison's Days Payable has ranged from 8.42 to 11.69. According to the industry distribution chart, Modison ranks #2951 out of 2993 companies in the Industrial Products industry, placing it in the top 98.6%.
Is Modison's Days Payable too high?
Modison's current Days Payable of 7.17 is 32% below median its 10-year median of 10.58. Over the past 10 years, this metric has ranged from a low of 8.42 to a high of 11.69. The Industrial Products industry median Days Payable is 78.04. Modison's value of 7.17 is 90.8% below this industry median. Based on the distribution chart, Modison ranks #2951 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Modison has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modison's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Modison ranks #2951 out of 2993 companies for Days Payable. This places Modison in the lower half of its industry. The industry median Days Payable is 78.04. Modison's value of 7.17 is 90.8% below this benchmark. Historically, Modison's own Days Payable has ranged from 8.42 to 11.69 over the past decade. While the company's 10-year median is 10.58 vs. the industry median of 78.04, Modison 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. Modison's current Days Payable of 7.17 is 90.8% 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 Modison and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modison's current Days Payable is 7.17, which is 32% below median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modison stock overvalued right now?
Based on GuruFocus' analysis, Modison (NSE:MODISONLTD) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹233.46, compared to a current price of ₹299.20 — trading 28.2% above its estimated fair value. The current Days Payable is 7.17, which is 32% below median its 10-year median of 10.58 and 90.8% below the Industrial Products industry median of 78.04. Modison's overall GF Score™ is 80/100 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 Modison (NSE:MODISONLTD), the current Days Payable is 7.17 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 Modison (NSE:MODISONLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Modison stock appears to be overvalued. The current stock price of ₹299.20 is trading 28.2% above its estimated GF Value™ of ₹233.46. GuruFocus considers Modison to be Modestly Overvalued.

Key valuation signals for NSE:MODISONLTD:

  • Days Payable: 7.17 (32% below median its 10-year median of 10.58)
  • GF Value™: ₹233.46 vs. price of ₹299.20 (28.2% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 90.8% below the Industrial Products median (#2951 of 2993)

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


Modison Business Description

Other Exchanges 506261:India
Address 33 Nariman Bhavan, 227 Nariman Point, Mumbai, MH, IND, 400021
Modison Ltd is an India-based holding company. It is a manufacturer of Electrical contacts in all three segments, LV, MV & HV. Its products are Electrical Contacts that include Low Voltage Electrical Contacts, Medium & High Voltage Electrical Contacts, Precious Metal Compounds; Silver Bullion; and Value Added Services. The company operates in the manufacturing of electrical contacts segment. The majority of its revenue is earned through the Indian market, and it also has a presence in various other countries.
80GF Score

Get the complete analysis for NSE:MODISONLTD

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

₹299.20
Price
₹233.46
GF Value