Timex Group India (NSE:TIMEX) Days Payable: 83.09 (As of Mar. 2026) — 43% Below Median


NSE:TIMEX Timex Group India Ltd NSE:TIMEX
66 GF Score
Price ₹534.70
GF Value ₹348.35
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Timex Group India Days Payable?

Timex Group India NSE:TIMEX +1.95% 66 Days Payable is 83.09 as of Mar. 2026, which is 43% below its 10-year median of 146.92. GuruFocus rates NSE:TIMEX with a GF Score™ of 66/100 and a GF Value™ of ₹348.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,096 Retail - Cyclical companies, Timex Group India ranks better than 68.34% on this metric.

Timex Group India's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,208 Mil. Timex Group India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,327 Mil. Hence, Timex Group India's Days Payable for the three months ended in Mar. 2026 was 83.09.

The historical rank and industry rank for Timex Group India's Days Payable or its related term are showing as below:

NSE:TIMEX' s Days Payable Range Over the Past 10 Years
Min: 78.03   Med: 146.92   Max: 287.42
Current: 79.34

During the past 13 years, Timex Group India's highest Days Payable was 287.42. The lowest was 78.03. And the median was 146.92.

NSE:TIMEX's Days Payable is ranked better than
68.34% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 51.865 vs NSE:TIMEX: 79.34

Timex Group India's Days Payable declined from Mar. 2025 (87.91) to Mar. 2026 (83.09). It may suggest that Timex Group India accelerated paying its suppliers.


Timex Group India Days Payable Historical Data

* Premium members only.

The historical data trend for Timex Group India'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.

Timex Group India Days Payable Chart

Timex Group India 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 139.75 102.10 101.02 83.77 78.03

Timex Group India 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 87.91 69.92 66.79 107.69 83.09

NSE:TIMEX vs TPR: Days Payable Comparison

For the Luxury Goods subindustry, Timex Group India'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.


Timex Group India Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Timex Group India's Days Payable distribution charts can be found below:

* The bar in red indicates where Timex Group India's Days Payable falls into.


NSE:TIMEX
66GF Score
Timex Group India Ltd NSE:TIMEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Timex Group India 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.

Timex Group India'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
=( (731.3 + 1207.9) / 2 ) / 4535.5*365
=969.6 / 4535.5*365
=78.03

Timex Group India'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 + 1207.9) / 1 ) / 1326.6*365 / 4
=1207.9 / 1326.6*365 / 4
=83.09

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 83.09 mean?
Timex Group India (NSE:TIMEX) has a Days Payable of 83.09 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 Timex Group India and its competitors. This is 43% below median its historical median of 146.92. Over the past decade, Timex Group India's Days Payable has ranged from 78.03 to 287.42. According to the industry distribution chart, Timex Group India ranks #347 out of 1096 companies in the Retail - Cyclical industry, placing it in the top 31.7%.
Is Timex Group India's Days Payable too high?
Timex Group India's current Days Payable of 83.09 is 43% below median its 10-year median of 146.92. Over the past 10 years, this metric has ranged from a low of 78.03 to a high of 287.42. The Retail - Cyclical industry median Days Payable is 51.87. Timex Group India's value of 83.09 is 60.2% above this industry median. Based on the distribution chart, Timex Group India ranks #347 out of 1096 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Timex Group India has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Timex Group India's Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Timex Group India ranks #347 out of 1096 companies for Days Payable. This puts Timex Group India in the upper half of its industry. The industry median Days Payable is 51.87. Timex Group India's value of 83.09 is 60.2% above this benchmark. Historically, Timex Group India's own Days Payable has ranged from 78.03 to 287.42 over the past decade. While the company's 10-year median is 146.92 vs. the industry median of 51.87, Timex Group India 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.87, based on 1,096 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. Timex Group India's current Days Payable of 83.09 is 60.2% 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 Timex Group India and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Timex Group India's current Days Payable is 83.09, which is 43% below median its own 10-year median of 146.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Timex Group India stock overvalued right now?
Based on GuruFocus' analysis, Timex Group India (NSE:TIMEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹348.35, compared to a current price of ₹534.70 — trading 53.5% above its estimated fair value. The current Days Payable is 83.09, which is 43% below median its 10-year median of 146.92 and 60.2% above the Retail - Cyclical industry median of 51.87. Timex Group India's overall GF Score™ is 66/100 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 Timex Group India (NSE:TIMEX), the current Days Payable is 83.09 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.

Is Timex Group India (NSE:TIMEX) Overvalued in 2026?

Based on GuruFocus' analysis, Timex Group India stock appears to be overvalued. The current stock price of ₹534.70 is trading 53.5% above its estimated GF Value™ of ₹348.35. GuruFocus considers Timex Group India to be Significantly Overvalued.

Key valuation signals for NSE:TIMEX:

  • Days Payable: 83.09 (43% below median its 10-year median of 146.92)
  • GF Value™: ₹348.35 vs. price of ₹534.70 (53.5% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 60.2% above the Retail - Cyclical median (#347 of 1096)

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


Timex Group India Business Description

Other Exchanges 500414:India
Address C-1, Sector-16, 3rd Floor, World Trade Tower, Unit number 303, Tower-B, Noida, UP, IND, 201301
Timex Group India Ltd is an Indian company engaged in designing, manufacturing, and marketing timepieces and jewelry and rendering related after-sales services. Geographically, it derives a majority of its revenue from India. The company's brand includes Timex, Helix, and TMX. The company is mainly in the business of manufacturing and trading watches and rendering related after-sales services.
66GF Score

Get the complete analysis for NSE:TIMEX

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

₹534.70
Price
₹348.35
GF Value