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Thejo EngineeringNSE:THEJO +1.95%89 Days Payable is 160.33 as of Mar. 2026, which is 76% above its 10-year median of 90.86. GuruFocus rates NSE:THEJO with a GF Score™ of 89/100 and a GF Value™ of ₹2,261.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,991 Industrial Products companies, Thejo Engineering ranks better than 73.72% on this metric.
The historical rank and industry rank for Thejo Engineering's Days Payable or its related term are showing as below:
NSE:THEJO'
s Days Payable Range Over the Past 10 Years
Min: 65.98 Med: 90.86 Max: 150.73
Current: 140.62
During the past 13 years, Thejo Engineering's highest Days Payable was 150.73. The lowest was 65.98. And the median was 90.86.
NSE:THEJO's Days Payable is ranked better than 73.72% of 2991
companies
in the Industrial Products industry
Industry Median: 78.05
vs NSE:THEJO: 140.62
Thejo Engineering's Days Payable
increased
from Mar. 2025 (104.02) to Mar. 2026 (160.33).
It may suggest that Thejo Engineeringdelayed paying its suppliers.
Thejo Engineering Days Payable Related Terms
Thejo Engineering Days Payable Historical Data
* Premium members only.
The historical data trend for Thejo Engineering'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.
NSE:THEJO vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Thejo Engineering'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.
Thejo Engineering Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thejo Engineering's Days Payable distribution charts can be found below:
* The bar in red indicates where Thejo Engineering's Days Payable falls into.
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.
Thejo Engineering's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Thejo Engineering (NSE:THEJO) has a Days Payable of 160.33 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 Thejo Engineering and its competitors. This is 76% above median its historical median of 90.86. Over the past decade, Thejo Engineering's Days Payable has ranged from 65.98 to 150.73. According to the industry distribution chart, Thejo Engineering ranks #786 out of 2991 companies in the Industrial Products industry, placing it in the top 26.3%.
Is Thejo Engineering's Days Payable too high?
Thejo Engineering's current Days Payable of 160.33 is 76% above median its 10-year median of 90.86. Over the past 10 years, this metric has ranged from a low of 65.98 to a high of 150.73. The Industrial Products industry median Days Payable is 78.05. Thejo Engineering's value of 160.33 is 105.4% above this industry median. Based on the distribution chart, Thejo Engineering ranks #786 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Thejo Engineering has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thejo Engineering's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Thejo Engineering ranks #786 out of 2991 companies for Days Payable. This puts Thejo Engineering in the upper half of its industry. The industry median Days Payable is 78.05. Thejo Engineering's value of 160.33 is 105.4% above this benchmark. Historically, Thejo Engineering's own Days Payable has ranged from 65.98 to 150.73 over the past decade. While the company's 10-year median is 90.86 vs. the industry median of 78.05, Thejo Engineering 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,991 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. Thejo Engineering's current Days Payable of 160.33 is 105.4% 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 Thejo Engineering and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thejo Engineering's current Days Payable is 160.33, which is 76% above median its own 10-year median of 90.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thejo Engineering stock overvalued right now?
Based on GuruFocus' analysis, Thejo Engineering (NSE:THEJO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,261.70, compared to a current price of ₹1,902.60 — trading 15.9% below its estimated fair value. The current Days Payable is 160.33, which is 76% above median its 10-year median of 90.86 and 105.4% above the Industrial Products industry median of 78.05. Thejo Engineering's overall GF Score™ is 89/100 with 4 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 Thejo Engineering (NSE:THEJO), the current Days Payable is 160.33 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 Thejo Engineering (NSE:THEJO) Overvalued in 2026?
Based on GuruFocus' analysis, Thejo Engineering stock appears to be undervalued.
The current stock price of ₹1,902.60 is trading 15.9% below its estimated GF Value™ of ₹2,261.70.
GuruFocus considers Thejo Engineering to be Modestly Undervalued.
Key valuation signals for NSE:THEJO:
Days Payable: 160.33 (76% above median its 10-year median of 90.86)
GF Value™: ₹2,261.70 vs. price of ₹1,902.60 (15.9% below fair value)
Industry Position: 105.4% above the Industrial Products median (#786 of 2991)
No single metric tells the full story. See the NSE:THEJO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thejo Engineering Ltd is an India-based company. It is an engineering solutions provider for Bulk Material Handling, Mineral Processing, and Corrosion Protection. The company's operating segment includes Manufacturing units, Service Units, and Others. It generates maximum revenue from the Service units segment. The company serves a sector like mining, power, steel, metals, cement, ports, and fertilizers. Geographically, it derives a majority of revenue from India. Its product categories include conveyor care, dust suppression, transfer point solutions, flow promotion, abrasion and wear protection, filtration, screening solution, and others.
89GF Score
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