Shubhlaxmi Jewel Art (NSE:SHUBHLAXMI) Days Payable: 34.80 (As of Sep. 2025) — 191% Above Median

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NSE:SHUBHLAXMI Shubhlaxmi Jewel Art Ltd NSE:SHUBHLAXMI
53 GF Score
Price ₹18.10
! 5 Warning Signs
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What is Shubhlaxmi Jewel Art Days Payable?

Shubhlaxmi Jewel Art NSE:SHUBHLAXMI -4.74% 53 Days Payable is 34.80 as of Sep. 2025, which is 191% above its 10-year median of 11.96. GuruFocus rates NSE:SHUBHLAXMI with a GF Score™ of 53/100. The stock has 5 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Shubhlaxmi Jewel Art ranks better than 63.99% on this metric.

Shubhlaxmi Jewel Art's average Accounts Payable for the six months ended in Sep. 2025 was ₹30.9 Mil. Shubhlaxmi Jewel Art's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹161.9 Mil. Hence, Shubhlaxmi Jewel Art's Days Payable for the six months ended in Sep. 2025 was 34.80.

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

NSE:SHUBHLAXMI' s Days Payable Range Over the Past 10 Years
Min: 5.58   Med: 11.96   Max: 194.31
Current: 69.6

During the past 10 years, Shubhlaxmi Jewel Art's highest Days Payable was 194.31. The lowest was 5.58. And the median was 11.96.

NSE:SHUBHLAXMI's Days Payable is ranked better than
63.99% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 50.75 vs NSE:SHUBHLAXMI: 69.60

Shubhlaxmi Jewel Art's Days Payable increased from Mar. 2023 (6.61) to Sep. 2025 (34.80). It may suggest that Shubhlaxmi Jewel Art delayed paying its suppliers.


Shubhlaxmi Jewel Art Days Payable Historical Data

* Premium members only.

The historical data trend for Shubhlaxmi Jewel Art'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.

Shubhlaxmi Jewel Art Days Payable Chart

Shubhlaxmi Jewel Art Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.26 13.62 20.37 9.12 5.58

Shubhlaxmi Jewel Art Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep24 Sep25
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 3.93 6.24 6.61 13.22 34.80

NSE:SHUBHLAXMI vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Shubhlaxmi Jewel Art'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.


Shubhlaxmi Jewel Art Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shubhlaxmi Jewel Art's Days Payable distribution charts can be found below:

* The bar in red indicates where Shubhlaxmi Jewel Art's Days Payable falls into.


NSE:SHUBHLAXMI
53GF Score
Shubhlaxmi Jewel Art Ltd NSE:SHUBHLAXMI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shubhlaxmi Jewel Art 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.

Shubhlaxmi Jewel Art's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (7.884 + 14.435) / 2 ) / 729.844*365
=11.1595 / 729.844*365
=5.58

Shubhlaxmi Jewel Art's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0 + 30.87) / 1 ) / 161.898*365 / 2
=30.87 / 161.898*365 / 2
=34.80

* 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 34.80 mean?
Shubhlaxmi Jewel Art (NSE:SHUBHLAXMI) has a Days Payable of 34.80 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shubhlaxmi Jewel Art and its competitors. This is 191% above median its historical median of 11.96. Over the past decade, Shubhlaxmi Jewel Art's Days Payable has ranged from 5.58 to 194.31. According to the industry distribution chart, Shubhlaxmi Jewel Art ranks #399 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 36%.
Is Shubhlaxmi Jewel Art's Days Payable too high?
Shubhlaxmi Jewel Art's current Days Payable of 34.80 is 191% above median its 10-year median of 11.96. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 194.31. The Retail - Cyclical industry median Days Payable is 50.75. Shubhlaxmi Jewel Art's value of 34.80 is 31.4% below this industry median. Based on the distribution chart, Shubhlaxmi Jewel Art ranks #399 out of 1108 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shubhlaxmi Jewel Art has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Shubhlaxmi Jewel Art's Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shubhlaxmi Jewel Art ranks #399 out of 1108 companies for Days Payable. This puts Shubhlaxmi Jewel Art in the upper half of its industry. The industry median Days Payable is 50.75. Shubhlaxmi Jewel Art's value of 34.80 is 31.4% below this benchmark. Historically, Shubhlaxmi Jewel Art's own Days Payable has ranged from 5.58 to 194.31 over the past decade. While the company's 10-year median is 11.96 vs. the industry median of 50.75, Shubhlaxmi Jewel Art 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 50.75, based on 1,108 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. Shubhlaxmi Jewel Art's current Days Payable of 34.80 is 31.4% 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 Shubhlaxmi Jewel Art and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shubhlaxmi Jewel Art's current Days Payable is 34.80, which is 191% above median its own 10-year median of 11.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shubhlaxmi Jewel Art stock overvalued right now?
Shubhlaxmi Jewel Art (NSE:SHUBHLAXMI) has a current Days Payable of 34.80. The current Days Payable is 34.80, which is 191% above median its 10-year median of 11.96 and 31.4% below the Retail - Cyclical industry median of 50.75. Shubhlaxmi Jewel Art's overall GF Score™ is 53/100 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 Shubhlaxmi Jewel Art (NSE:SHUBHLAXMI), the current Days Payable is 34.80 as of Sep. 2025. 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.

Shubhlaxmi Jewel Art Business Description

Address Waghawadi Road, D & I Excelus, Shop No. 1, Ground Floor, Takhteshwar, Hill Drive, Opposite Home School, Bhavnagar, GJ, IND, 364002
Shubhlaxmi Jewel Art Ltd is involved in the business of jewelry and ornaments in India. The business activities of the group include trading and third-party manufacturing of gold ornaments, gold bars, silver ornaments, gold jewelry, and diamond jewelry of various designs and specifications. Its portfolio includes necklaces, mangalsutras, patlas, chains, malas, kandoros, ponchos, payals, rings, armlets, pendants, nose rings, bracelets, bangles, and other wedding jewelry.
53GF Score

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