Vinit Mobile (NSE:VMOBILE) Days Payable: 20.05 (As of Mar. 2025) — 20% Below Median

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NSE:VMOBILE Vinit Mobile Ltd NSE:VMOBILE
21 GF Score
Price ₹55.35
! 2 Warning Signs
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What is Vinit Mobile Days Payable?

Vinit Mobile NSE:VMOBILE +2.50% 21 Days Payable is 20.05 as of Mar. 2025, which is 20% below its 10-year median of 24.98. GuruFocus rates NSE:VMOBILE with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,102 Retail - Cyclical companies, Vinit Mobile ranks worse than 83.12% on this metric.

Vinit Mobile's average Accounts Payable for the six months ended in Mar. 2025 was ₹28.9 Mil. Vinit Mobile's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹526.6 Mil. Hence, Vinit Mobile's Days Payable for the six months ended in Mar. 2025 was 10.03.

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

NSE:VMOBILE' s Days Payable Range Over the Past 10 Years
Min: 20.05   Med: 24.98   Max: 29.91
Current: 20.05

During the past 3 years, Vinit Mobile's highest Days Payable was 29.91. The lowest was 20.05. And the median was 24.98.

NSE:VMOBILE's Days Payable is ranked worse than
83.12% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 50.56 vs NSE:VMOBILE: 20.05

Vinit Mobile's Days Payable increased from Mar. 2023 (0.00) to Mar. 2025 (20.05). It may suggest that Vinit Mobile delayed paying its suppliers.


Vinit Mobile Days Payable Historical Data

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The historical data trend for Vinit Mobile'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.

Vinit Mobile Days Payable Chart

Vinit Mobile Annual Data
Trend Mar23 Mar24 Mar25
Days Payable
0.00 29.91 20.05

Vinit Mobile Semi-Annual Data
Mar23 Mar24 Mar25
Days Payable 0.00 29.91 20.05

NSE:VMOBILE vs CASY, WSM, ULTA: Days Payable Comparison

For the Specialty Retail subindustry, Vinit Mobile'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.


Vinit Mobile Days Payable vs Retail - Cyclical Industry

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

* The bar in red indicates where Vinit Mobile's Days Payable falls into.


NSE:VMOBILE
21GF Score
Vinit Mobile Ltd NSE:VMOBILE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinit Mobile 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.

Vinit Mobile'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
=( (20.941 + 36.926) / 2 ) / 526.641*365
=28.9335 / 526.641*365
=20.05

Vinit Mobile'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: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (20.941 + 36.926) / 2 ) / 526.641*365 / 2
=28.9335 / 526.641*365 / 2
=10.03

* 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 20.05 mean?
Vinit Mobile (NSE:VMOBILE) has a Days Payable of 20.05 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 Vinit Mobile and its competitors. This is 20% below median its historical median of 24.98. Over the past decade, Vinit Mobile's Days Payable has ranged from 20.05 to 29.91. According to the industry distribution chart, Vinit Mobile ranks #916 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 83.1%.
Is Vinit Mobile's Days Payable too high?
Vinit Mobile's current Days Payable of 20.05 is 20% below median its 10-year median of 24.98. Over the past 10 years, this metric has ranged from a low of 20.05 to a high of 29.91. The Retail - Cyclical industry median Days Payable is 50.56. Vinit Mobile's value of 20.05 is 60.3% below this industry median. Based on the distribution chart, Vinit Mobile ranks #916 out of 1102 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Vinit Mobile has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Vinit Mobile's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Vinit Mobile ranks #916 out of 1102 companies for Days Payable. This places Vinit Mobile in the lower half of its industry. The industry median Days Payable is 50.56. Vinit Mobile's value of 20.05 is 60.3% below this benchmark. Historically, Vinit Mobile's own Days Payable has ranged from 20.05 to 29.91 over the past decade. While the company's 10-year median is 24.98 vs. the industry median of 50.56, Vinit Mobile 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 a Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.56, based on 1,102 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. Vinit Mobile's current Days Payable of 20.05 is 60.3% 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 Vinit Mobile and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinit Mobile's current Days Payable is 20.05, which is 20% below median its own 10-year median of 24.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinit Mobile stock overvalued right now?
Vinit Mobile (NSE:VMOBILE) has a current Days Payable of 20.05. The current Days Payable is 20.05, which is 20% below median its 10-year median of 24.98 and 60.3% below the Retail - Cyclical industry median of 50.56. Vinit Mobile's overall GF Score™ is 21/100 with 2 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 Vinit Mobile (NSE:VMOBILE), the current Days Payable is 20.05 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.

Vinit Mobile Business Description

Address Bamroli Althan Expressway, Plot no. 358, Ground, 1st & 2nd floor, Gopal Nagar, Pandesara, Surat, GJ, IND, 394221
Vinit Mobile Ltd is engaged in the business of trading smartphones, electronic gadgets, and related accessories through its network of retail stores across the South Gujarat region of India. The Company operates in the multi-brand retail business, specializing in the sale of smartphones and allied accessories. Its product portfolio includes smartphones, tablets, data cards, earphones, chargers, power banks, screen guards, mobile covers, and other related accessories from various brands. The Company operates company-owned and company-operated (COCO) retail stores across Gujarat and Rajasthan. The majority of its revenue is derived from the sale of mobile phones through its retail stores.
21GF Score

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