Indian Oil (NSE:IOC) Accounts Payable: ₹573,687 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:IOC Indian Oil Corp Ltd NSE:IOC
85 GF Score
Price ₹141.80
GF Value ₹155.93
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Indian Oil Accounts Payable?

Indian Oil NSE:IOC +1.11% 85 Accounts Payable is ₹573,687 Mil as of Mar. 2026. GuruFocus rates NSE:IOC with a GF Score™ of 85/100 and a GF Value™ of ₹155.93 (Fairly Valued). The stock has 5 warning signs investors should review.

Indian Oil's Accounts Payable for the quarter that ended in Mar. 2026 was ₹573,687 Mil.

Indian Oil's quarterly Accounts Payable declined from Sep. 2025 (₹519,289 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹573,687 Mil).

Indian Oil's annual Accounts Payable increased from Mar. 2024 (₹594,541 Mil) to Mar. 2025 (₹605,349 Mil) but then declined from Mar. 2025 (₹605,349 Mil) to Mar. 2026 (₹573,687 Mil).

Indian Oil Accounts Payable Historical Data

* Premium members only.

The historical data trend for Indian Oil's Accounts 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.

Indian Oil Accounts Payable Chart

Indian Oil Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 490,618.50 547,341.30 594,541.00 605,349.40 573,686.90

Indian Oil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts 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 605,349.40 0.00 519,289.20 0.00 573,686.90
NSE:IOC
85GF Score
Indian Oil Corp Ltd NSE:IOC
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Oil Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of ₹573,687 Mil mean?
Indian Oil (NSE:IOC) has a Accounts Payable of ₹573,687 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Indian Oil and its competitors.
Is Indian Oil's Accounts Payable too high?
Indian Oil's current Accounts Payable is ₹573,687 Mil. Overall, Indian Oil has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Oil's Accounts Payable compare to VLO and MPC?
Indian Oil's Accounts Payable of ₹573,687 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Indian Oil and its competitors. Indian Oil's current Accounts Payable is ₹573,687 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Oil stock overvalued right now?
Based on GuruFocus' analysis, Indian Oil (NSE:IOC) is currently considered Fairly Valued. The stock's GF Value™ is ₹155.93, compared to a current price of ₹141.80 — trading 9.1% below its estimated fair value. The current Accounts Payable is ₹573,687 Mil. Indian Oil's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Indian Oil (NSE:IOC), the current Accounts Payable is ₹573,687 Mil 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 Indian Oil (NSE:IOC) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Oil stock appears to be undervalued. The current stock price of ₹141.80 is trading 9.1% below its estimated GF Value™ of ₹155.93. GuruFocus considers Indian Oil to be Fairly Valued.

Key valuation signals for NSE:IOC:

  • Accounts Payable: ₹573,687 Mil
  • GF Value™: ₹155.93 vs. price of ₹141.80 (9.1% below fair value)
  • GF Score™: 85/100 with 5 warning signs

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

Indian Oil Business Description

Industry EnergyOil & Gas
Other Exchanges 530965:India
Address J.B. Tito Marg, 3079/3, Sadiq Nagar, New Delhi, IND, 110049
Indian Oil Corp Ltd conducts business across the entire hydrocarbon value chain, from refining, pipeline transportation and marketing, to exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources, and globalisation of downstream operations. The group is engaged in the following business segments: Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and the Other operating segment, which includes oil and gas exploration activities, explosives and cryogenic business, and windmill and solar power generation. The majority of its revenue is generated from the sale of petroleum products such as motor spirit, high speed diesel, liquified petroleum gas, aviation turbine fuel, and others. Geographically, it derives key revenue from India.
85GF Score

Get the complete analysis for NSE:IOC

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

₹141.80
Price
₹155.93
GF Value