Thaai Casting (NSE:TCL) Days Payable: 104.11 (As of Sep. 2025) — 21% Above Median


NSE:TCL Thaai Casting Ltd NSE:TCL
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What is Thaai Casting Days Payable?

Thaai Casting NSE:TCL +6.14% 12 Days Payable is 104.11 as of Sep. 2025, which is 21% above its 10-year median of 85.81. GuruFocus rates NSE:TCL with a GF Score™ of 12/100. The stock has 8 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Thaai Casting ranks better than 74.89% on this metric.

Thaai Casting's average Accounts Payable for the six months ended in Sep. 2025 was ₹164 Mil. Thaai Casting's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹287 Mil. Hence, Thaai Casting's Days Payable for the six months ended in Sep. 2025 was 104.11.

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

NSE:TCL' s Days Payable Range Over the Past 10 Years
Min: 62.27   Med: 85.81   Max: 151.64
Current: 115.65

During the past 5 years, Thaai Casting's highest Days Payable was 151.64. The lowest was 62.27. And the median was 85.81.

NSE:TCL's Days Payable is ranked better than
74.89% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs NSE:TCL: 115.65

Thaai Casting's Days Payable declined from Sep. 2024 (127.62) to Sep. 2025 (104.11). It may suggest that Thaai Casting accelerated paying its suppliers.


Thaai Casting Days Payable Historical Data

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The historical data trend for Thaai Casting'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.

Thaai Casting Days Payable Chart

Thaai Casting Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
151.64 68.33 62.27 85.81 87.07

Thaai Casting Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial 0.00 0.00 127.62 119.56 104.11

NSE:TCL vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Thaai Casting'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.


Thaai Casting Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thaai Casting's Days Payable distribution charts can be found below:

* The bar in red indicates where Thaai Casting's Days Payable falls into.


NSE:TCL
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Thaai Casting Ltd NSE:TCL
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Thaai Casting 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.

Thaai Casting's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (118.34 + 177.855) / 2 ) / 620.863*365
=148.0975 / 620.863*365
=87.07

Thaai Casting'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: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (177.855 + 149.778) / 2 ) / 287.174*365 / 2
=163.8165 / 287.174*365 / 2
=104.11

* 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 104.11 mean?
Thaai Casting (NSE:TCL) has a Days Payable of 104.11 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 Thaai Casting and its competitors. This is 21% above median its historical median of 85.81. Over the past decade, Thaai Casting's Days Payable has ranged from 62.27 to 151.64. According to the industry distribution chart, Thaai Casting ranks #329 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 25.1%.
Is Thaai Casting's Days Payable too high?
Thaai Casting's current Days Payable of 104.11 is 21% above median its 10-year median of 85.81. Over the past 10 years, this metric has ranged from a low of 62.27 to a high of 151.64. The Vehicles & Parts industry median Days Payable is 67.02. Thaai Casting's value of 104.11 is 55.4% above this industry median. Based on the distribution chart, Thaai Casting ranks #329 out of 1310 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Thaai Casting has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thaai Casting's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thaai Casting ranks #329 out of 1310 companies for Days Payable. This puts Thaai Casting in the upper half of its industry. The industry median Days Payable is 67.02. Thaai Casting's value of 104.11 is 55.4% above this benchmark. Historically, Thaai Casting's own Days Payable has ranged from 62.27 to 151.64 over the past decade. While the company's 10-year median is 85.81 vs. the industry median of 67.02, Thaai Casting 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Thaai Casting's current Days Payable of 104.11 is 55.4% 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 Thaai Casting and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaai Casting's current Days Payable is 104.11, which is 21% above median its own 10-year median of 85.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaai Casting stock overvalued right now?
Thaai Casting (NSE:TCL) has a current Days Payable of 104.11. The current Days Payable is 104.11, which is 21% above median its 10-year median of 85.81 and 55.4% above the Vehicles & Parts industry median of 67.02. Thaai Casting's overall GF Score™ is 12/100 with 8 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 Thaai Casting (NSE:TCL), the current Days Payable is 104.11 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.

Thaai Casting Business Description

Address 7th Cross Street, No. A-20 SIPCOT Industrial Park, Pillaipakkam, Tiruvallur, Sriperumbudur, TN, IND, 602105
Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.
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