V-Marc India (NSE:VMARCIND) Days Payable: 72.08 (As of Mar. 2026) — 21% Below Median


NSE:VMARCIND V-Marc India Ltd NSE:VMARCIND
73 GF Score
Price ₹1,546.35
GF Value ₹909.77
Valuation Significantly Overvalued
! 5 Warning Signs
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What is V-Marc India Days Payable?

V-Marc India NSE:VMARCIND -0.89% 73 Days Payable is 72.08 as of Mar. 2026, which is 21% below its 10-year median of 90.73. GuruFocus rates NSE:VMARCIND with a GF Score™ of 73/100 and a GF Value™ of ₹909.77 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, V-Marc India ranks worse than 50.85% on this metric.

V-Marc India's average Accounts Payable for the six months ended in Mar. 2026 was ₹3,466 Mil. V-Marc India's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹8,774 Mil. Hence, V-Marc India's Days Payable for the six months ended in Mar. 2026 was 72.08.

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

NSE:VMARCIND' s Days Payable Range Over the Past 10 Years
Min: 58.73   Med: 90.73   Max: 108.53
Current: 76.64

During the past 9 years, V-Marc India's highest Days Payable was 108.53. The lowest was 58.73. And the median was 90.73.

NSE:VMARCIND's Days Payable is ranked worse than
50.85% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs NSE:VMARCIND: 76.64

V-Marc India's Days Payable declined from Mar. 2025 (80.54) to Mar. 2026 (72.08). It may suggest that V-Marc India accelerated paying its suppliers.


V-Marc India Days Payable Historical Data

* Premium members only.

The historical data trend for V-Marc 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.

V-Marc India Days Payable Chart

V-Marc India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only 90.73 97.56 88.89 92.10 81.41

V-Marc India Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 65.06 112.93 80.54 77.81 72.08

NSE:VMARCIND vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, V-Marc 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.


V-Marc India Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, V-Marc India's Days Payable distribution charts can be found below:

* The bar in red indicates where V-Marc India's Days Payable falls into.


NSE:VMARCIND
73GF Score
V-Marc India Ltd NSE:VMARCIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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V-Marc 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.

V-Marc 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
=( (1968.975 + 4333.788) / 2 ) / 14129.769*365
=3151.3815 / 14129.769*365
=81.41

V-Marc 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2597.335 + 4333.788) / 2 ) / 8774.482*365 / 2
=3465.5615 / 8774.482*365 / 2
=72.08

* 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 72.08 mean?
V-Marc India (NSE:VMARCIND) has a Days Payable of 72.08 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 V-Marc India and its competitors. This is 21% below median its historical median of 90.73. Over the past decade, V-Marc India's Days Payable has ranged from 58.73 to 108.53. According to the industry distribution chart, V-Marc India ranks #1521 out of 2991 companies in the Industrial Products industry, placing it in the top 50.9%.
Is V-Marc India's Days Payable too high?
V-Marc India's current Days Payable of 72.08 is 21% below median its 10-year median of 90.73. Over the past 10 years, this metric has ranged from a low of 58.73 to a high of 108.53. The Industrial Products industry median Days Payable is 78.08. V-Marc India's value of 72.08 is 7.7% below this industry median. Based on the distribution chart, V-Marc India ranks #1521 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, V-Marc India has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does V-Marc India's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, V-Marc India ranks #1521 out of 2991 companies for Days Payable. This places V-Marc India in the lower half of its industry. The industry median Days Payable is 78.08. V-Marc India's value of 72.08 is 7.7% below this benchmark. Historically, V-Marc India's own Days Payable has ranged from 58.73 to 108.53 over the past decade. While the company's 10-year median is 90.73 vs. the industry median of 78.08, V-Marc India has consistently been below 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 78.08, 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. V-Marc India's current Days Payable of 72.08 is 7.7% 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 V-Marc India and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Marc India's current Days Payable is 72.08, which is 21% below median its own 10-year median of 90.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Marc India stock overvalued right now?
Based on GuruFocus' analysis, V-Marc India (NSE:VMARCIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹909.77, compared to a current price of ₹1,546.35 — trading 70% above its estimated fair value. The current Days Payable is 72.08, which is 21% below median its 10-year median of 90.73 and 7.7% below the Industrial Products industry median of 78.08. V-Marc India's overall GF Score™ is 73/100 with 5 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 V-Marc India (NSE:VMARCIND), the current Days Payable is 72.08 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 V-Marc India (NSE:VMARCIND) Overvalued in 2026?

Based on GuruFocus' analysis, V-Marc India stock appears to be overvalued. The current stock price of ₹1,546.35 is trading 70% above its estimated GF Value™ of ₹909.77. GuruFocus considers V-Marc India to be Significantly Overvalued.

Key valuation signals for NSE:VMARCIND:

  • Days Payable: 72.08 (21% below median its 10-year median of 90.73)
  • GF Value™: ₹909.77 vs. price of ₹1,546.35 (70% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 7.7% below the Industrial Products median (#1521 of 2991)

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


V-Marc India Business Description

Address Plot No. 3, 4, 18, 20A, Sector IIDC, SIDCUL, Haridwar, UT, IND, 249403
V-Marc India Ltd is engaged in the business of manufacturing and marketing wires and cables under the brand name of V-Marc. The company manufactures and sells a diversified range of wires and cables such as single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, aerial bunched cables, and others. It is a Specialised Control and instrumentation cable company offering a wide range of cable products to multiple industries. Geographically, it operates in India.
73GF Score

Get the complete analysis for NSE:VMARCIND

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

₹1,546.35
Price
₹909.77
GF Value