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Ashok LeylandBOM:500477 -0.23%86 Days Payable is 79.00 as of Mar. 2026, which is 14% below its 10-year median of 92.21. GuruFocus rates BOM:500477 with a GF Score™ of 86/100 and a GF Value™ of ₹127.99 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 209 Farm & Heavy Construction Machinery companies, Ashok Leyland ranks better than 58.85% on this metric.
The historical rank and industry rank for Ashok Leyland's Days Payable or its related term are showing as below:
BOM:500477'
s Days Payable Range Over the Past 10 Years
Min: 75.71 Med: 92.21 Max: 130
Current: 86.45
During the past 13 years, Ashok Leyland's highest Days Payable was 130.00. The lowest was 75.71. And the median was 92.21.
BOM:500477's Days Payable is ranked better than 58.85% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.13
vs BOM:500477: 86.45
Ashok Leyland's Days Payable
declined
from Mar. 2025 (81.25) to Mar. 2026 (79.00).
It may suggest that Ashok Leylandaccelerated paying its suppliers.
Ashok Leyland Days Payable Related Terms
Ashok Leyland Days Payable Historical Data
* Premium members only.
The historical data trend for Ashok Leyland'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.
BOM:500477 vs CAT, DE, PCAR: Days Payable Comparison
For the Farm & Heavy Construction Machinery subindustry, Ashok Leyland'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.
Ashok Leyland Days Payable vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ashok Leyland's Days Payable distribution charts can be found below:
* The bar in red indicates where Ashok Leyland'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.
Ashok Leyland'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.
Ashok Leyland (BOM:500477) has a Days Payable of 79.00 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 Ashok Leyland and its competitors. This is 14% below median its historical median of 92.21. Over the past decade, Ashok Leyland's Days Payable has ranged from 75.71 to 130.00. According to the industry distribution chart, Ashok Leyland ranks #86 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 41.1%.
Is Ashok Leyland's Days Payable too high?
Ashok Leyland's current Days Payable of 79.00 is 14% below median its 10-year median of 92.21. Over the past 10 years, this metric has ranged from a low of 75.71 to a high of 130.00. The Farm & Heavy Construction Machinery industry median Days Payable is 68.13. Ashok Leyland's value of 79.00 is 16% above this industry median. Based on the distribution chart, Ashok Leyland ranks #86 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Ashok Leyland has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashok Leyland's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ashok Leyland ranks #86 out of 209 companies for Days Payable. This puts Ashok Leyland in the upper half of its industry. The industry median Days Payable is 68.13. Ashok Leyland's value of 79.00 is 16% above this benchmark. Historically, Ashok Leyland's own Days Payable has ranged from 75.71 to 130.00 over the past decade. While the company's 10-year median is 92.21 vs. the industry median of 68.13, Ashok Leyland 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.13, based on 209 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. Ashok Leyland's current Days Payable of 79.00 is 16% 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 Ashok Leyland and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashok Leyland's current Days Payable is 79.00, which is 14% below median its own 10-year median of 92.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashok Leyland stock overvalued right now?
Based on GuruFocus' analysis, Ashok Leyland (BOM:500477) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹127.99, compared to a current price of ₹154.85 — trading 21% above its estimated fair value. The current Days Payable is 79.00, which is 14% below median its 10-year median of 92.21 and 16% above the Farm & Heavy Construction Machinery industry median of 68.13. Ashok Leyland's overall GF Score™ is 86/100 with 1 warning sign 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 Ashok Leyland (BOM:500477), the current Days Payable is 79.00 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 Ashok Leyland (BOM:500477) Overvalued in 2026?
Based on GuruFocus' analysis, Ashok Leyland stock appears to be overvalued.
The current stock price of ₹154.85 is trading 21% above its estimated GF Value™ of ₹127.99.
GuruFocus considers Ashok Leyland to be Modestly Overvalued.
Key valuation signals for BOM:500477:
Days Payable: 79.00 (14% below median its 10-year median of 92.21)
GF Value™: ₹127.99 vs. price of ₹154.85 (21% above fair value)
Industry Position: 16% above the Farm & Heavy Construction Machinery median (#86 of 209)
No single metric tells the full story. See the BOM:500477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashok Leyland Ltd is an automobile manufacturing company. The company manufactures commercial vehicles, engines, spare parts, and accessories, with the vast majority of revenue being derived from commercial vehicle sales. It produces and sells vehicles across different categories such as Trucks, Buses, Light Commercial Vehicles, and Defence. The company's operating segments are; Commercial vehicles, and Financial services. Geographically, it derives the majority revenue within India and the rest from other markets.
86GF Score
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