Azad India Mobility (BOM:504731) Days Payable: 252.43 (As of Mar. 2026) — 441% Above Median

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.

BOM:504731 Azad India Mobility Ltd BOM:504731
32 GF Score
Price ₹86.26
! 5 Warning Signs
View Full Analysis

What is Azad India Mobility Days Payable?

Azad India Mobility BOM:504731 -5.42% 32 Days Payable is 252.43 as of Mar. 2026, which is 441% above its 10-year median of 46.65. GuruFocus rates BOM:504731 with a GF Score™ of 32/100. The stock has 5 warning signs investors should review. Among 598 Steel companies, Azad India Mobility ranks better than 57.53% on this metric.

Azad India Mobility's average Accounts Payable for the three months ended in Mar. 2026 was ₹159.0 Mil. Azad India Mobility's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹57.5 Mil. Hence, Azad India Mobility's Days Payable for the three months ended in Mar. 2026 was 252.43.

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

BOM:504731' s Days Payable Range Over the Past 10 Years
Min: 38.16   Med: 46.65   Max: 55.13
Current: 50.06

During the past 13 years, Azad India Mobility's highest Days Payable was 55.13. The lowest was 38.16. And the median was 46.65.

BOM:504731's Days Payable is ranked better than
57.53% of 598 companies
in the Steel industry
Industry Median: 41.37 vs BOM:504731: 50.06

Azad India Mobility's Days Payable increased from Mar. 2025 (18.91) to Mar. 2026 (252.43). It may suggest that Azad India Mobility delayed paying its suppliers.


Azad India Mobility Days Payable Historical Data

* Premium members only.

The historical data trend for Azad India Mobility'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.

Azad India Mobility Days Payable Chart

Azad India Mobility 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 0.00 0.00 0.00 38.16 55.13

Azad India Mobility 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 18.91 21.90 31.04 21.86 252.43

BOM:504731 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Azad India Mobility'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.


Azad India Mobility Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Azad India Mobility's Days Payable distribution charts can be found below:

* The bar in red indicates where Azad India Mobility's Days Payable falls into.


BOM:504731
32GF Score
Azad India Mobility Ltd BOM:504731
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azad India Mobility 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.

Azad India Mobility'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
=( (17.275 + 158.969) / 2 ) / 583.445*365
=88.122 / 583.445*365
=55.13

Azad India Mobility'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 + 158.969) / 1 ) / 57.464*365 / 4
=158.969 / 57.464*365 / 4
=252.43

* 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 252.43 mean?
Azad India Mobility (BOM:504731) has a Days Payable of 252.43 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 Azad India Mobility and its competitors. This is 441% above median its historical median of 46.65. Over the past decade, Azad India Mobility's Days Payable has ranged from 38.16 to 55.13. According to the industry distribution chart, Azad India Mobility ranks #254 out of 598 companies in the Steel industry, placing it in the top 42.5%.
Is Azad India Mobility's Days Payable too high?
Azad India Mobility's current Days Payable of 252.43 is 441% above median its 10-year median of 46.65. Over the past 10 years, this metric has ranged from a low of 38.16 to a high of 55.13. The Steel industry median Days Payable is 41.37. Azad India Mobility's value of 252.43 is 510.2% above this industry median. Based on the distribution chart, Azad India Mobility ranks #254 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Azad India Mobility has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Azad India Mobility's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Azad India Mobility ranks #254 out of 598 companies for Days Payable. This puts Azad India Mobility in the upper half of its industry. The industry median Days Payable is 41.37. Azad India Mobility's value of 252.43 is 510.2% above this benchmark. Historically, Azad India Mobility's own Days Payable has ranged from 38.16 to 55.13 over the past decade. While the company's 10-year median is 46.65 vs. the industry median of 41.37, Azad India Mobility 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 Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 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. Azad India Mobility's current Days Payable of 252.43 is 510.2% 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 Azad India Mobility and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azad India Mobility's current Days Payable is 252.43, which is 441% above median its own 10-year median of 46.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad India Mobility stock overvalued right now?
Azad India Mobility (BOM:504731) has a current Days Payable of 252.43. The current Days Payable is 252.43, which is 441% above median its 10-year median of 46.65 and 510.2% above the Steel industry median of 41.37. Azad India Mobility's overall GF Score™ is 32/100 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 Azad India Mobility (BOM:504731), the current Days Payable is 252.43 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.

Azad India Mobility Business Description

Address Tardeo Road, G-6, 8th Floor, Everest Building, Janata Nagar, Tardeo, Haji Ali, Mumbai, MH, IND, 400034
Azad India Mobility Ltd is engaged in the business of manufacturing of electric buses designed for superior efficiency, safety, and passenger comfort. The company operates only in India.
32GF Score

Get the complete analysis for BOM:504731

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

₹86.26
Price