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Munjal ShowaNSE:MUNJALSHOW -1.33%74 Days Payable is 51.75 as of Jun. 2026, which is 13% above its 10-year median of 45.65. GuruFocus rates NSE:MUNJALSHOW with a GF Score™ of 74/100 and a GF Value™ of ₹153.80 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Munjal Showa ranks worse than 66.92% on this metric.
The historical rank and industry rank for Munjal Showa's Days Payable or its related term are showing as below:
NSE:MUNJALSHOW'
s Days Payable Range Over the Past 10 Years
Min: 41.93 Med: 45.65 Max: 50.45
Current: 47.67
During the past 13 years, Munjal Showa's highest Days Payable was 50.45. The lowest was 41.93. And the median was 45.65.
NSE:MUNJALSHOW's Days Payable is ranked worse than 66.92% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 66.49
vs NSE:MUNJALSHOW: 47.67
Munjal Showa's Days Payable
increased
from Jun. 2025 (49.12) to Jun. 2026 (51.75).
It may suggest that Munjal Showadelayed paying its suppliers.
The historical data trend for Munjal Showa'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.
NSE:MUNJALSHOW vs ORLY, AZO: Days Payable Comparison
For the Auto Parts subindustry, Munjal Showa'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.
Munjal Showa Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Munjal Showa's Days Payable distribution charts can be found below:
* The bar in red indicates where Munjal Showa's Days Payable falls into.
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.
Munjal Showa's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Munjal Showa (NSE:MUNJALSHOW) has a Days Payable of 51.75 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Munjal Showa and its competitors. This is 13% above median its historical median of 45.65. Over the past decade, Munjal Showa's Days Payable has ranged from 41.93 to 50.45. According to the industry distribution chart, Munjal Showa ranks #876 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 66.9%.
Is Munjal Showa's Days Payable too high?
Munjal Showa's current Days Payable of 51.75 is 13% above median its 10-year median of 45.65. Over the past 10 years, this metric has ranged from a low of 41.93 to a high of 50.45. The Vehicles & Parts industry median Days Payable is 66.49. Munjal Showa's value of 51.75 is 22.2% below this industry median. Based on the distribution chart, Munjal Showa ranks #876 out of 1309 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Munjal Showa has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munjal Showa's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Munjal Showa ranks #876 out of 1309 companies for Days Payable. This places Munjal Showa in the lower half of its industry. The industry median Days Payable is 66.49. Munjal Showa's value of 51.75 is 22.2% below this benchmark. Historically, Munjal Showa's own Days Payable has ranged from 41.93 to 50.45 over the past decade. While the company's 10-year median is 45.65 vs. the industry median of 66.49, Munjal Showa 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.49, based on 1,309 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. Munjal Showa's current Days Payable of 51.75 is 22.2% 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 Munjal Showa and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munjal Showa's current Days Payable is 51.75, which is 13% above median its own 10-year median of 45.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munjal Showa stock overvalued right now?
Based on GuruFocus' analysis, Munjal Showa (NSE:MUNJALSHOW) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹153.80, compared to a current price of ₹138.21 — trading 10.1% below its estimated fair value. The current Days Payable is 51.75, which is 13% above median its 10-year median of 45.65 and 22.2% below the Vehicles & Parts industry median of 66.49. Munjal Showa's overall GF Score™ is 74/100 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 Munjal Showa (NSE:MUNJALSHOW), the current Days Payable is 51.75 as of Jun. 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 Munjal Showa (NSE:MUNJALSHOW) Overvalued in 2026?
Based on GuruFocus' analysis, Munjal Showa stock appears to be undervalued.
The current stock price of ₹138.21 is trading 10.1% below its estimated GF Value™ of ₹153.80.
GuruFocus considers Munjal Showa to be Modestly Undervalued.
Key valuation signals for NSE:MUNJALSHOW:
Days Payable: 51.75 (13% above median its 10-year median of 45.65)
GF Value™: ₹153.80 vs. price of ₹138.21 (10.1% below fair value)
Industry Position: 22.2% below the Vehicles & Parts median (#876 of 1309)
No single metric tells the full story. See the NSE:MUNJALSHOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munjal Showa Ltd operates as an ancillary and manufactures auto components for the two-wheeler and four-wheeler industry. The company's primary products are front forks, shock absorbers, struts, gas springs, and window balancers. Geographically, it derives a majority of revenue from India. The company operates in the Auto Components segment.
74GF Score
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