Teerth Gopicon (NSE:TGL) Days Payable: 24.64 (As of Mar. 2025)


NSE:TGL Teerth Gopicon Ltd NSE:TGL
13 GF Score
Price ₹14.80
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What is Teerth Gopicon Days Payable?

Teerth Gopicon NSE:TGL -4.82% 13 Days Payable is 24.64 as of Mar. 2025. GuruFocus rates NSE:TGL with a GF Score™ of 13/100. Among 1,709 Construction companies, Teerth Gopicon ranks worse than 81.92% on this metric.

Teerth Gopicon's average Accounts Payable for the six months ended in Mar. 2025 was ₹49 Mil. Teerth Gopicon's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹365 Mil. Hence, Teerth Gopicon's Days Payable for the six months ended in Mar. 2025 was 24.64.

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

NSE:TGL's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.72
* Ranked among companies with meaningful Days Payable only.

Teerth Gopicon's Days Payable declined from Mar. 2024 (48.41) to Mar. 2025 (24.64). It may suggest that Teerth Gopicon accelerated paying its suppliers.

Teerth Gopicon Days Payable Historical Data

* Premium members only.

The historical data trend for Teerth Gopicon'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.

Teerth Gopicon Days Payable Chart

Teerth Gopicon Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
148.50 273.01 200.20 68.81 51.08

Teerth Gopicon Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Days Payable Get a 7-Day Free Trial 0.00 76.34 48.41 38.14 24.64

NSE:TGL vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Teerth Gopicon'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.

Teerth Gopicon Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Teerth Gopicon's Days Payable distribution charts can be found below:

* The bar in red indicates where Teerth Gopicon's Days Payable falls into.


NSE:TGL
13GF Score
Teerth Gopicon Ltd NSE:TGL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Teerth Gopicon 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.

Teerth Gopicon'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
=( (165.1 + 68.1) / 2 ) / 833.2*365
=116.6 / 833.2*365
=51.08

Teerth Gopicon's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (30.5 + 68.1) / 2 ) / 365.2*365 / 2
=49.3 / 365.2*365 / 2
=24.64

* 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 24.64 mean?
Teerth Gopicon (NSE:TGL) has a Days Payable of 24.64 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Teerth Gopicon and its competitors. According to the industry distribution chart, Teerth Gopicon ranks #1400 out of 1709 companies in the Construction industry, placing it in the top 81.9%.
Is Teerth Gopicon's Days Payable too high?
Teerth Gopicon's current Days Payable is 24.64. The Construction industry median Days Payable is 76.72. Teerth Gopicon's value of 24.64 is 67.9% below this industry median. Based on the distribution chart, Teerth Gopicon ranks #1400 out of 1709 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Teerth Gopicon has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Teerth Gopicon's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Teerth Gopicon ranks #1400 out of 1709 companies for Days Payable. This places Teerth Gopicon in the lower half of its industry. The industry median Days Payable is 76.72. Teerth Gopicon's value of 24.64 is 67.9% below this benchmark. 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 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. Teerth Gopicon's current Days Payable of 24.64 is 67.9% 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 Teerth Gopicon and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teerth Gopicon's current Days Payable is 24.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teerth Gopicon stock overvalued right now?
Teerth Gopicon (NSE:TGL) has a current Days Payable of 24.64. The current Days Payable is 24.64 and 67.9% below the Construction industry median of 76.72. Teerth Gopicon's overall GF Score™ is 13/100. 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 Teerth Gopicon (NSE:TGL), the current Days Payable is 24.64 as of Mar. 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.

Teerth Gopicon Business Description

Address 204 Amar Metro, Near Balniketan Sangh, Pagnispaga, Indore, MP, IND, 452007
Teerth Gopicon Ltd is a construction company specializing in infrastructure projects such as roads, sewerage, water supply, and building works, mainly in Madhya Pradesh. The company also provides services in dams, canals, auditoriums, repair and renovation, overhead tanks, gabion works, compound walls, and water and sewage treatment plants. Recently, it expanded its business into renewable energy, focusing on solar projects, operating through two key segments: infrastructure and renewable energy.
13GF Score

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₹14.80
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