Signet Industries (NSE:SIGIND) Days Payable: 63.10 (As of Mar. 2026) — 29% Below Median


NSE:SIGIND Signet Industries Ltd NSE:SIGIND
75 GF Score
Price ₹46.20
GF Value ₹71.23
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Signet Industries Days Payable?

Signet Industries NSE:SIGIND -1.26% 75 Days Payable is 63.10 as of Mar. 2026, which is 29% below its 10-year median of 88.61. GuruFocus rates NSE:SIGIND with a GF Score™ of 75/100 and a GF Value™ of ₹71.23 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 508 Conglomerates companies, Signet Industries ranks better than 60.83% on this metric.

Signet Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,213 Mil. Signet Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,200 Mil. Hence, Signet Industries's Days Payable for the three months ended in Mar. 2026 was 63.10.

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

NSE:SIGIND' s Days Payable Range Over the Past 10 Years
Min: 65.21   Med: 88.61   Max: 113.3
Current: 67.55

During the past 13 years, Signet Industries's highest Days Payable was 113.30. The lowest was 65.21. And the median was 88.61.

NSE:SIGIND's Days Payable is ranked better than
60.83% of 508 companies
in the Conglomerates industry
Industry Median: 55.855 vs NSE:SIGIND: 67.55

Signet Industries's Days Payable increased from Mar. 2025 (58.16) to Mar. 2026 (63.10). It may suggest that Signet Industries delayed paying its suppliers.


Signet Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Signet Industries'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.

Signet Industries Days Payable Chart

Signet Industries 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 101.27 79.63 65.21 69.69 67.13

Signet Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only 58.16 83.85 74.25 57.07 63.10

NSE:SIGIND vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Signet Industries'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.


Signet Industries Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Signet Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Signet Industries's Days Payable falls into.


NSE:SIGIND
75GF Score
Signet Industries Ltd NSE:SIGIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Signet Industries 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.

Signet Industries'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
=( (1961.691 + 2212.585) / 2 ) / 11347.608*365
=2087.138 / 11347.608*365
=67.13

Signet Industries'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 + 2212.585) / 1 ) / 3199.858*365 / 4
=2212.585 / 3199.858*365 / 4
=63.10

* 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 63.10 mean?
Signet Industries (NSE:SIGIND) has a Days Payable of 63.10 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 Signet Industries and its competitors. This is 29% below median its historical median of 88.61. Over the past decade, Signet Industries' Days Payable has ranged from 65.21 to 113.30. According to the industry distribution chart, Signet Industries ranks #199 out of 508 companies in the Conglomerates industry, placing it in the top 39.2%.
Is Signet Industries' Days Payable too high?
Signet Industries' current Days Payable of 63.10 is 29% below median its 10-year median of 88.61. Over the past 10 years, this metric has ranged from a low of 65.21 to a high of 113.30. The Conglomerates industry median Days Payable is 55.86. Signet Industries' value of 63.10 is 13% above this industry median. Based on the distribution chart, Signet Industries ranks #199 out of 508 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Signet Industries has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Signet Industries' Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Signet Industries ranks #199 out of 508 companies for Days Payable. This puts Signet Industries in the upper half of its industry. The industry median Days Payable is 55.86. Signet Industries' value of 63.10 is 13% above this benchmark. Historically, Signet Industries' own Days Payable has ranged from 65.21 to 113.30 over the past decade. While the company's 10-year median is 88.61 vs. the industry median of 55.86, Signet Industries 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.86, based on 508 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. Signet Industries's current Days Payable of 63.10 is 13% 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 Signet Industries and its competitors. For the Conglomerates industry, the median Days Payable is 55.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signet Industries's current Days Payable is 63.10, which is 29% below median its own 10-year median of 88.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signet Industries stock overvalued right now?
Based on GuruFocus' analysis, Signet Industries (NSE:SIGIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹71.23, compared to a current price of ₹46.20 — trading 35.1% below its estimated fair value. The current Days Payable is 63.10, which is 29% below median its 10-year median of 88.61 and 13% above the Conglomerates industry median of 55.86. Signet Industries' overall GF Score™ is 75/100 with 1 warning sign 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 Signet Industries (NSE:SIGIND), the current Days Payable is 63.10 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 Signet Industries (NSE:SIGIND) Overvalued in 2026?

Based on GuruFocus' analysis, Signet Industries stock appears to be undervalued. The current stock price of ₹46.20 is trading 35.1% below its estimated GF Value™ of ₹71.23. GuruFocus considers Signet Industries to be Significantly Undervalued.

Key valuation signals for NSE:SIGIND:

  • Days Payable: 63.10 (29% below median its 10-year median of 88.61)
  • GF Value™: ₹71.23 vs. price of ₹46.20 (35.1% below fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 13% above the Conglomerates median (#199 of 508)

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


Signet Industries Business Description

Other Exchanges 512131:India
Address Smart Industrial Park, Plot no. 99, Near NATRIP, Pithampur, Dhar, MP, IND, 454775
Signet Industries Ltd is engaged in the business of merchant trading in all kinds of polymers and related products. It is also involved in manufacturing micro-irrigation systems, sprinkler pipes, agro fittings, and its allied products, household, and plastic molded furniture. Its primary segments are Manufacturing, Windmill, and Trading. The Manufacturing segment, which generates maximum revenue, comprises the manufacturing of irrigation and plastic products. Its Windmill segment includes its wind turbine power unit, and the Trading segment involves the trading of polymers and plastic granules. Geographically, the company derives a majority of its revenue from its business in India and also caters to the international markets through exports.
75GF Score

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

₹46.20
Price
₹71.23
GF Value