Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) Days Payable: 22.57 (As of Mar. 2026) — Near Median


NSE:MVGJL Manoj Vaibhav Gems N Jewellers Ltd NSE:MVGJL
63 GF Score
Price ₹150.78
GF Value ₹279.95
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Manoj Vaibhav Gems N Jewellers Days Payable?

Manoj Vaibhav Gems N Jewellers NSE:MVGJL -0.66% 63 Days Payable is 22.57 as of Mar. 2026, which is 7% above its 10-year median of 21.11. GuruFocus rates NSE:MVGJL with a GF Score™ of 63/100 and a GF Value™ of ₹279.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,096 Retail - Cyclical companies, Manoj Vaibhav Gems N Jewellers ranks worse than 80.93% on this metric.

Manoj Vaibhav Gems N Jewellers's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,676 Mil. Manoj Vaibhav Gems N Jewellers's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,775 Mil. Hence, Manoj Vaibhav Gems N Jewellers's Days Payable for the three months ended in Mar. 2026 was 22.57.

The historical rank and industry rank for Manoj Vaibhav Gems N Jewellers's Days Payable or its related term are showing as below:

NSE:MVGJL' s Days Payable Range Over the Past 10 Years
Min: 12.83   Med: 21.11   Max: 32.97
Current: 23.84

During the past 7 years, Manoj Vaibhav Gems N Jewellers's highest Days Payable was 32.97. The lowest was 12.83. And the median was 21.11.

NSE:MVGJL's Days Payable is ranked worse than
80.93% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 51.865 vs NSE:MVGJL: 23.84

Manoj Vaibhav Gems N Jewellers's Days Payable increased from Mar. 2025 (20.73) to Mar. 2026 (22.57). It may suggest that Manoj Vaibhav Gems N Jewellers delayed paying its suppliers.


Manoj Vaibhav Gems N Jewellers Days Payable Historical Data

* Premium members only.

The historical data trend for Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers Days Payable Chart

Manoj Vaibhav Gems N Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 17.71 12.83 13.15 21.11 23.58

Manoj Vaibhav Gems N Jewellers Quarterly Data
Mar20 Mar21 Mar22 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 20.73 26.89 22.32 25.04 22.57

NSE:MVGJL vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.


Manoj Vaibhav Gems N Jewellers Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Days Payable distribution charts can be found below:

* The bar in red indicates where Manoj Vaibhav Gems N Jewellers's Days Payable falls into.


NSE:MVGJL
63GF Score
Manoj Vaibhav Gems N Jewellers Ltd NSE:MVGJL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Manoj Vaibhav Gems N Jewellers 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.

Manoj Vaibhav Gems N Jewellers'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
=( (1406.79 + 1675.6) / 2 ) / 23860.4*365
=1541.195 / 23860.4*365
=23.58

Manoj Vaibhav Gems N Jewellers'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 + 1675.6) / 1 ) / 6774.8*365 / 4
=1675.6 / 6774.8*365 / 4
=22.57

* 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 22.57 mean?
Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) has a Days Payable of 22.57 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 Manoj Vaibhav Gems N Jewellers and its competitors. This is near median its historical median of 21.11. Over the past decade, Manoj Vaibhav Gems N Jewellers' Days Payable has ranged from 12.83 to 32.97. According to the industry distribution chart, Manoj Vaibhav Gems N Jewellers ranks #887 out of 1096 companies in the Retail - Cyclical industry, placing it in the top 80.9%.
Is Manoj Vaibhav Gems N Jewellers' Days Payable too high?
Manoj Vaibhav Gems N Jewellers' current Days Payable of 22.57 is near median its 10-year median of 21.11. Over the past 10 years, this metric has ranged from a low of 12.83 to a high of 32.97. The Retail - Cyclical industry median Days Payable is 51.87. Manoj Vaibhav Gems N Jewellers' value of 22.57 is 56.5% below this industry median. Based on the distribution chart, Manoj Vaibhav Gems N Jewellers ranks #887 out of 1096 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Manoj Vaibhav Gems N Jewellers has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manoj Vaibhav Gems N Jewellers' Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Manoj Vaibhav Gems N Jewellers ranks #887 out of 1096 companies for Days Payable. This places Manoj Vaibhav Gems N Jewellers in the lower half of its industry. The industry median Days Payable is 51.87. Manoj Vaibhav Gems N Jewellers' value of 22.57 is 56.5% below this benchmark. Historically, Manoj Vaibhav Gems N Jewellers' own Days Payable has ranged from 12.83 to 32.97 over the past decade. While the company's 10-year median is 21.11 vs. the industry median of 51.87, Manoj Vaibhav Gems N Jewellers 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.87, based on 1,096 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. Manoj Vaibhav Gems N Jewellers's current Days Payable of 22.57 is 56.5% 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 Manoj Vaibhav Gems N Jewellers and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manoj Vaibhav Gems N Jewellers's current Days Payable is 22.57, which is near median its own 10-year median of 21.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Vaibhav Gems N Jewellers stock overvalued right now?
Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹279.95, compared to a current price of ₹150.78 — trading 46.1% below its estimated fair value. The current Days Payable is 22.57, which is near median its 10-year median of 21.11 and 56.5% below the Retail - Cyclical industry median of 51.87. Manoj Vaibhav Gems N Jewellers' overall GF Score™ is 63/100 with 3 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL), the current Days Payable is 22.57 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) Overvalued in 2026?

Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers stock appears to be undervalued. The current stock price of ₹150.78 is trading 46.1% below its estimated GF Value™ of ₹279.95. GuruFocus considers Manoj Vaibhav Gems N Jewellers to be Significantly Undervalued.

Key valuation signals for NSE:MVGJL:

  • Days Payable: 22.57 (near median its 10-year median of 21.11)
  • GF Value™: ₹279.95 vs. price of ₹150.78 (46.1% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 56.5% below the Retail - Cyclical median (#887 of 1096)

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


Manoj Vaibhav Gems N Jewellers Business Description

Other Exchanges 543995:India
Address D. No:- 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, AP, IND, 530016
Manoj Vaibhav Gems N Jewellers Ltd is a regional jewellery brand in South India led by a first-generation woman entrepreneur. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a rural market focus and a dedicated urban focus, also. The company positioned itself as a retailer focused on relationships, by Design, where it focuses on offering designs, high quality, transparency, and customer service to its customers.
63GF Score

Get the complete analysis for NSE:MVGJL

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

₹150.78
Price
₹279.95
GF Value