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* 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.
For the Auto Parts subindustry, Shigan Quantum Technologies'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.
Shigan Quantum Technologies Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shigan Quantum Technologies's Days Payable distribution charts can be found below:
* The bar in red indicates where Shigan Quantum Technologies's Days Payable falls into.
Shigan Quantum Technologies 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.
* 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.
Shigan Quantum Technologies (NSE:SHIGAN) has a Days Payable of 54.77 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 Shigan Quantum Technologies and its competitors. This is near median its historical median of 58.10. Over the past decade, Shigan Quantum Technologies' Days Payable has ranged from 24.84 to 94.41. According to the industry distribution chart, Shigan Quantum Technologies ranks #799 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 61.2%.
Is Shigan Quantum Technologies' Days Payable too high?
Shigan Quantum Technologies' current Days Payable of 54.77 is near median its 10-year median of 58.10. Over the past 10 years, this metric has ranged from a low of 24.84 to a high of 94.41. The Vehicles & Parts industry median Days Payable is 67.26. Shigan Quantum Technologies' value of 54.77 is 18.6% below this industry median. Based on the distribution chart, Shigan Quantum Technologies ranks #799 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shigan Quantum Technologies has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shigan Quantum Technologies' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shigan Quantum Technologies ranks #799 out of 1306 companies for Days Payable. This places Shigan Quantum Technologies in the lower half of its industry. The industry median Days Payable is 67.26. Shigan Quantum Technologies' value of 54.77 is 18.6% below this benchmark. Historically, Shigan Quantum Technologies' own Days Payable has ranged from 24.84 to 94.41 over the past decade. While the company's 10-year median is 58.10 vs. the industry median of 67.26, Shigan Quantum Technologies 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 67.26, based on 1,306 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. Shigan Quantum Technologies's current Days Payable of 54.77 is 18.6% 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 Shigan Quantum Technologies and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigan Quantum Technologies's current Days Payable is 54.77, which is near median its own 10-year median of 58.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigan Quantum Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shigan Quantum Technologies (NSE:SHIGAN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹104.38, compared to a current price of ₹64.95 — trading 37.8% below its estimated fair value. The current Days Payable is 54.77, which is near median its 10-year median of 58.10 and 18.6% below the Vehicles & Parts industry median of 67.26. Shigan Quantum Technologies' overall GF Score™ is 62/100 with 5 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 Shigan Quantum Technologies (NSE:SHIGAN), the current Days Payable is 54.77 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 Shigan Quantum Technologies (NSE:SHIGAN) Overvalued in 2026?
Based on GuruFocus' analysis, Shigan Quantum Technologies stock appears to be undervalued.
The current stock price of ₹64.95 is trading 37.8% below its estimated GF Value™ of ₹104.38.
GuruFocus considers Shigan Quantum Technologies to be Possible Value Trap.
Key valuation signals for NSE:SHIGAN:
Days Payable: 54.77 (near median its 10-year median of 58.10)
GF Value™: ₹104.38 vs. price of ₹64.95 (37.8% below fair value)
Industry Position: 18.6% below the Vehicles & Parts median (#799 of 1306)
No single metric tells the full story. See the NSE:SHIGAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shigan Quantum Technologies Ltd is engaged in the business of designing, developing, and manufacturing a variety of alternate fuel systems components, including compressed natural gas, liquefied natural gas, and hydrogen fuel kit systems for original equipment manufacturer suppliers to the auto industry. The company manufactures alternate fuel systems for heavy-duty vehicles, light-duty vehicles, and off-highway applications. Its product portfolio includes CNG filters, engine control units, fuel rails, injectors, filler valves, and others.
62GF Score
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