SGL Resources (NSE:SGLRES) Days Payable: 1,044.63 (As of Jun. 2026) — 938% Above Median

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NSE:SGLRES SGL Resources Ltd NSE:SGLRES
50 GF Score
Price ₹2.42
GF Value ₹3.20
Valuation Modestly Undervalued
! 3 Warning Signs
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What is SGL Resources Days Payable?

SGL Resources NSE:SGLRES +4.31% 50 Days Payable is 1,044.63 as of Jun. 2026, which is 938% above its 10-year median of 100.62. GuruFocus rates NSE:SGLRES with a GF Score™ of 50/100 and a GF Value™ of ₹3.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,606 Software companies, SGL Resources ranks better than 95.17% on this metric.

SGL Resources's average Accounts Payable for the three months ended in Jun. 2026 was ₹96.4 Mil. SGL Resources's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹8.4 Mil. Hence, SGL Resources's Days Payable for the three months ended in Jun. 2026 was 1,044.63.

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

NSE:SGLRES' s Days Payable Range Over the Past 10 Years
Min: 19.61   Med: 100.62   Max: 931.65
Current: 742.21

During the past 13 years, SGL Resources's highest Days Payable was 931.65. The lowest was 19.61. And the median was 100.62.

NSE:SGLRES's Days Payable is ranked better than
95.17% of 2606 companies
in the Software industry
Industry Median: 51.815 vs NSE:SGLRES: 742.21

SGL Resources's Days Payable increased from Jun. 2025 (811.08) to Jun. 2026 (1,044.63). It may suggest that SGL Resources delayed paying its suppliers.


SGL Resources Days Payable Historical Data

* Premium members only.

The historical data trend for SGL Resources'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.

SGL Resources Days Payable Chart

SGL Resources 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 72.78 113.41 135.44 931.65 397.68

SGL Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 811.08 2,350.02 544.11 635.50 1,044.63

NSE:SGLRES vs CRM, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, SGL Resources'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.


SGL Resources Days Payable vs Software Industry

For the Software industry and Technology sector, SGL Resources's Days Payable distribution charts can be found below:

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


NSE:SGLRES
50GF Score
SGL Resources Ltd NSE:SGLRES
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SGL Resources 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.

SGL Resources'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
=( (137.711 + 96.415) / 2 ) / 107.442*365
=117.063 / 107.442*365
=397.68

SGL Resources's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (96.415 + 0) / 1 ) / 8.422*365 / 4
=96.415 / 8.422*365 / 4
=1,044.63

* 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 1,044.63 mean?
SGL Resources (NSE:SGLRES) has a Days Payable of 1,044.63 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 SGL Resources and its competitors. This is 938% above median its historical median of 100.62. Over the past decade, SGL Resources' Days Payable has ranged from 19.61 to 931.65. According to the industry distribution chart, SGL Resources ranks #126 out of 2606 companies in the Software industry, placing it in the top 4.8%.
Is SGL Resources' Days Payable too high?
SGL Resources' current Days Payable of 1,044.63 is 938% above median its 10-year median of 100.62. Over the past 10 years, this metric has ranged from a low of 19.61 to a high of 931.65. The Software industry median Days Payable is 51.82. SGL Resources' value of 1,044.63 is 1916.1% above this industry median. Based on the distribution chart, SGL Resources ranks #126 out of 2606 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, SGL Resources has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SGL Resources' Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, SGL Resources ranks #126 out of 2606 companies for Days Payable. This places SGL Resources in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.82. SGL Resources' value of 1,044.63 is 1916.1% above this benchmark. Historically, SGL Resources' own Days Payable has ranged from 19.61 to 931.65 over the past decade. While the company's 10-year median is 100.62 vs. the industry median of 51.82, SGL Resources 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 a Software company?
The median Days Payable among Software companies is 51.82, based on 2,606 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. SGL Resources's current Days Payable of 1,044.63 is 1916.1% 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 SGL Resources and its competitors. For the Software industry, the median Days Payable is 51.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SGL Resources's current Days Payable is 1,044.63, which is 938% above median its own 10-year median of 100.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SGL Resources stock overvalued right now?
Based on GuruFocus' analysis, SGL Resources (NSE:SGLRES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3.20, compared to a current price of ₹2.42 — trading 24.4% below its estimated fair value. The current Days Payable is 1,044.63, which is 938% above median its 10-year median of 100.62 and 1916.1% above the Software industry median of 51.82. SGL Resources' overall GF Score™ is 50/100 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 SGL Resources (NSE:SGLRES), the current Days Payable is 1,044.63 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 SGL Resources (NSE:SGLRES) Overvalued in 2026?

Based on GuruFocus' analysis, SGL Resources stock appears to be undervalued. The current stock price of ₹2.42 is trading 24.4% below its estimated GF Value™ of ₹3.20. GuruFocus considers SGL Resources to be Modestly Undervalued.

Key valuation signals for NSE:SGLRES:

  • Days Payable: 1,044.63 (938% above median its 10-year median of 100.62)
  • GF Value™: ₹3.20 vs. price of ₹2.42 (24.4% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 1916.1% above the Software median (#126 of 2606)

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


SGL Resources Business Description

Other Exchanges 526544:India
Address Sardar Patel Ring Road, Shilaj Circle, D-1016-1021, 10th Floor, Swati Clover, Ahmedabad, GJ, IND, 380059
SGL Resources Ltd is an Indian-based software development company. It operates in a single segment that provides Information Technology Software services and Geospatial(GIS) products. Its products include IGiS - MDMS, IGiS - CAD, IGiS - Photogrammetry Suite, IGiS - GIS & IP Enterprise Suite, and IGiS - GIS & IP Desktop. The verticals under which the company operates include Defense, Urban Planning, Land Information, Utilities, Mining, and others. It generates all of its revenues from India.
50GF Score

Get the complete analysis for NSE:SGLRES

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

₹2.42
Price
₹3.20
GF Value