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Teamtech Formwork SolutionsNSE:TEAMTECH -1.45%19 Days Payable is 97.09 as of Mar. 2026, which is 4% above its 10-year median of 93.32. GuruFocus rates NSE:TEAMTECH with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 398 Building Materials companies, Teamtech Formwork Solutions ranks better than 65.83% on this metric.
The historical rank and industry rank for Teamtech Formwork Solutions's Days Payable or its related term are showing as below:
NSE:TEAMTECH'
s Days Payable Range Over the Past 10 Years
Min: 86.01 Med: 93.32 Max: 97.09
Current: 97.09
During the past 3 years, Teamtech Formwork Solutions's highest Days Payable was 97.09. The lowest was 86.01. And the median was 93.32.
NSE:TEAMTECH's Days Payable is ranked better than 65.83% of 398
companies
in the Building Materials industry
Industry Median: 69.105
vs NSE:TEAMTECH: 97.09
* 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.
Teamtech Formwork Solutions Days Payable Chart
Teamtech Formwork Solutions Annual Data
Trend
Mar24
Mar25
Mar26
Days Payable
86.01
93.32
97.09
Teamtech Formwork Solutions Semi-Annual Data
Mar24
Mar25
Mar26
Days Payable
86.01
93.32
97.09
NSE:TEAMTECH vs CRH, VMC, MLM: Days Payable Comparison
For the Building Materials subindustry, Teamtech Formwork Solutions'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.
Teamtech Formwork Solutions Days Payable vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Teamtech Formwork Solutions's Days Payable distribution charts can be found below:
* The bar in red indicates where Teamtech Formwork Solutions's Days Payable falls into.
Teamtech Formwork Solutions 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.
Teamtech Formwork Solutions (NSE:TEAMTECH) has a Days Payable of 97.09 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 Teamtech Formwork Solutions and its competitors. This is near median its historical median of 93.32. Over the past decade, Teamtech Formwork Solutions' Days Payable has ranged from 86.01 to 97.09. According to the industry distribution chart, Teamtech Formwork Solutions ranks #136 out of 398 companies in the Building Materials industry, placing it in the top 34.2%.
Is Teamtech Formwork Solutions' Days Payable too high?
Teamtech Formwork Solutions' current Days Payable of 97.09 is near median its 10-year median of 93.32. Over the past 10 years, this metric has ranged from a low of 86.01 to a high of 97.09. The Building Materials industry median Days Payable is 69.11. Teamtech Formwork Solutions' value of 97.09 is 40.5% above this industry median. Based on the distribution chart, Teamtech Formwork Solutions ranks #136 out of 398 companies in the Building Materials industry, which is above the industry midpoint. Overall, Teamtech Formwork Solutions has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Teamtech Formwork Solutions' Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Teamtech Formwork Solutions ranks #136 out of 398 companies for Days Payable. This puts Teamtech Formwork Solutions in the upper half of its industry. The industry median Days Payable is 69.11. Teamtech Formwork Solutions' value of 97.09 is 40.5% above this benchmark. Historically, Teamtech Formwork Solutions' own Days Payable has ranged from 86.01 to 97.09 over the past decade. While the company's 10-year median is 93.32 vs. the industry median of 69.11, Teamtech Formwork Solutions 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.11, based on 398 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. Teamtech Formwork Solutions's current Days Payable of 97.09 is 40.5% 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 Teamtech Formwork Solutions and its competitors. For the Building Materials industry, the median Days Payable is 69.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teamtech Formwork Solutions's current Days Payable is 97.09, which is near median its own 10-year median of 93.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teamtech Formwork Solutions stock overvalued right now?
Teamtech Formwork Solutions (NSE:TEAMTECH) has a current Days Payable of 97.09. The current Days Payable is 97.09, which is near median its 10-year median of 93.32 and 40.5% above the Building Materials industry median of 69.11. Teamtech Formwork Solutions' overall GF Score™ is 19/100 with 3 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 Teamtech Formwork Solutions (NSE:TEAMTECH), the current Days Payable is 97.09 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.
Teamtech Formwork Solutions Ltd operates on business-to-business (B2B) model and is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry. Its products include vertical modular formwork systems designed for vertical concrete structures such as foundations, walls, shafts, tanks, bridges, circular walls, and other structural elements. The majority of the company's revenue is derived from the sale of Standard Panel. Geographically, it also has a presence in the UAE, Bahrain, and Bhutan. The maximum revenue is derived from its product sales in India.
19GF Score
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