Summit Securities (NSE:SUMMITSEC) Days Payable: 0.00 (As of Mar. 2026)


NSE:SUMMITSEC Summit Securities Ltd NSE:SUMMITSEC
86 GF Score
Price ₹1,546.60
GF Value ₹2,901.47
Valuation Possible Value Trap
! 5 Warning Signs
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What is Summit Securities Days Payable?

Summit Securities NSE:SUMMITSEC +0.44% 86 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates NSE:SUMMITSEC with a GF Score™ of 86/100 and a GF Value™ of ₹2,901.47 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 541 Capital Markets companies, Summit Securities ranks worse than 184842.7% on this metric.

Summit Securities's average Accounts Payable for the three months ended in Mar. 2026 was ₹0 Mil. Summit Securities's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4 Mil. Hence, Summit Securities's Days Payable for the three months ended in Mar. 2026 was 0.00.

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

NSE:SUMMITSEC's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 91.67
* Ranked among companies with meaningful Days Payable only.

Summit Securities's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same


Summit Securities Days Payable Historical Data

* Premium members only.

The historical data trend for Summit Securities'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.

Summit Securities Days Payable Chart

Summit Securities 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 0.00 0.00 0.00 0.00 0.00

Summit Securities 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 0.00 0.00 0.00 0.00 0.00

NSE:SUMMITSEC vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Summit Securities'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.


Summit Securities Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Summit Securities's Days Payable distribution charts can be found below:

* The bar in red indicates where Summit Securities's Days Payable falls into.


NSE:SUMMITSEC
86GF Score
Summit Securities Ltd NSE:SUMMITSEC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Summit Securities 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.

Summit Securities'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
=( (0 + 0) / 1 ) / 19.337*365
=0 / 19.337*365
=0.00

Summit Securities'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 + 0) / 1 ) / 3.857*365 / 4
=0 / 3.857*365 / 4
=0.00

* 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 0.00 mean?
Summit Securities (NSE:SUMMITSEC) has a Days Payable of 0.00 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 Summit Securities and its competitors. According to the industry distribution chart, Summit Securities ranks #999999 out of 541 companies in the Capital Markets industry.
Is Summit Securities' Days Payable too high?
Summit Securities' current Days Payable is 0.00. Based on the distribution chart, Summit Securities ranks #999999 out of 541 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Summit Securities has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Summit Securities' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Summit Securities ranks #999999 out of 541 companies for Days Payable. This places Summit Securities in the lower half of its industry. The industry median Days Payable is 91.67. 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.67, based on 541 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. 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 Summit Securities and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Securities's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Securities stock overvalued right now?
Based on GuruFocus' analysis, Summit Securities (NSE:SUMMITSEC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,901.47, compared to a current price of ₹1,546.60 — trading 46.7% below its estimated fair value. The current Days Payable is 0.00. Summit Securities' overall GF Score™ is 86/100 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 Summit Securities (NSE:SUMMITSEC), the current Days Payable is 0.00 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 Summit Securities (NSE:SUMMITSEC) Overvalued in 2026?

Based on GuruFocus' analysis, Summit Securities stock appears to be undervalued. The current stock price of ₹1,546.60 is trading 46.7% below its estimated GF Value™ of ₹2,901.47. GuruFocus considers Summit Securities to be Possible Value Trap.

Key valuation signals for NSE:SUMMITSEC:

  • Days Payable: 0.00
  • GF Value™: ₹2,901.47 vs. price of ₹1,546.60 (46.7% below fair value)
  • GF Score™: 86/100 with 5 warning signs

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


Summit Securities Business Description

Other Exchanges 533306:India
Address B Wing, 71, Sion-Trombay Road, 213, Bezzola Complex, Chembur, Mumbai, MH, IND, 400071
Summit Securities Ltd is engaged in the provision of investment in securities. It operates as a non-banking financial company and currently holds various portfolios including listed and private entities. The company is engaged in investments and financial activities. It earns revenue from Interest and Dividend income.
86GF Score

Get the complete analysis for NSE:SUMMITSEC

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

₹1,546.60
Price
₹2,901.47
GF Value