ZF Steering Gear (India) (BOM:505163) Days Payable: 47.44 (As of Mar. 2026) — 17% Below Median

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BOM:505163 ZF Steering Gear (India) Ltd BOM:505163
64 GF Score
Price ₹668.70
GF Value ₹1,199.93
Valuation Significantly Undervalued
! 1 Warning Sign
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What is ZF Steering Gear (India) Days Payable?

ZF Steering Gear (India) BOM:505163 -0.50% 64 Days Payable is 47.44 as of Mar. 2026, which is 17% below its 10-year median of 57.18. GuruFocus rates BOM:505163 with a GF Score™ of 64/100 and a GF Value™ of ₹1,199.93 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,308 Vehicles & Parts companies, ZF Steering Gear (India) ranks worse than 67.58% on this metric.

ZF Steering Gear (India)'s average Accounts Payable for the three months ended in Mar. 2026 was ₹559 Mil. ZF Steering Gear (India)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,075 Mil. Hence, ZF Steering Gear (India)'s Days Payable for the three months ended in Mar. 2026 was 47.44.

The historical rank and industry rank for ZF Steering Gear (India)'s Days Payable or its related term are showing as below:

BOM:505163' s Days Payable Range Over the Past 10 Years
Min: 39.07   Med: 57.18   Max: 97.41
Current: 47.28

During the past 13 years, ZF Steering Gear (India)'s highest Days Payable was 97.41. The lowest was 39.07. And the median was 57.18.

BOM:505163's Days Payable is ranked worse than
67.58% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.085 vs BOM:505163: 47.28

ZF Steering Gear (India)'s Days Payable increased from Mar. 2025 (42.65) to Mar. 2026 (47.44). It may suggest that ZF Steering Gear (India) delayed paying its suppliers.


ZF Steering Gear (India) Days Payable Historical Data

* Premium members only.

The historical data trend for ZF Steering Gear (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.

ZF Steering Gear (India) Days Payable Chart

ZF Steering Gear (India) 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 55.42 39.07 40.02 42.85 50.49

ZF Steering Gear (India) 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 42.65 45.66 48.27 40.62 47.44

BOM:505163 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, ZF Steering Gear (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.


ZF Steering Gear (India) Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Steering Gear (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where ZF Steering Gear (India)'s Days Payable falls into.


BOM:505163
64GF Score
ZF Steering Gear (India) Ltd BOM:505163
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZF Steering Gear (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.

ZF Steering Gear (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
=( (403.2 + 559) / 2 ) / 3478*365
=481.1 / 3478*365
=50.49

ZF Steering Gear (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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 559) / 1 ) / 1075.3*365 / 4
=559 / 1075.3*365 / 4
=47.44

* 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 47.44 mean?
ZF Steering Gear (India) (BOM:505163) has a Days Payable of 47.44 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 ZF Steering Gear (India) and its competitors. This is 17% below median its historical median of 57.18. Over the past decade, ZF Steering Gear (India)'s Days Payable has ranged from 39.07 to 97.41. According to the industry distribution chart, ZF Steering Gear (India) ranks #884 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 67.6%.
Is ZF Steering Gear (India)'s Days Payable too high?
ZF Steering Gear (India)'s current Days Payable of 47.44 is 17% below median its 10-year median of 57.18. Over the past 10 years, this metric has ranged from a low of 39.07 to a high of 97.41. The Vehicles & Parts industry median Days Payable is 67.09. ZF Steering Gear (India)'s value of 47.44 is 29.3% below this industry median. Based on the distribution chart, ZF Steering Gear (India) ranks #884 out of 1308 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, ZF Steering Gear (India) has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZF Steering Gear (India)'s Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, ZF Steering Gear (India) ranks #884 out of 1308 companies for Days Payable. This places ZF Steering Gear (India) in the lower half of its industry. The industry median Days Payable is 67.09. ZF Steering Gear (India)'s value of 47.44 is 29.3% below this benchmark. Historically, ZF Steering Gear (India)'s own Days Payable has ranged from 39.07 to 97.41 over the past decade. While the company's 10-year median is 57.18 vs. the industry median of 67.09, ZF Steering Gear (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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.09, based on 1,308 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. ZF Steering Gear (India)'s current Days Payable of 47.44 is 29.3% 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 ZF Steering Gear (India) and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZF Steering Gear (India)'s current Days Payable is 47.44, which is 17% below median its own 10-year median of 57.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZF Steering Gear (India) stock overvalued right now?
Based on GuruFocus' analysis, ZF Steering Gear (India) (BOM:505163) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,199.93, compared to a current price of ₹668.70 — trading 44.3% below its estimated fair value. The current Days Payable is 47.44, which is 17% below median its 10-year median of 57.18 and 29.3% below the Vehicles & Parts industry median of 67.09. ZF Steering Gear (India)'s overall GF Score™ is 64/100 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 ZF Steering Gear (India) (BOM:505163), the current Days Payable is 47.44 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 ZF Steering Gear (India) (BOM:505163) Overvalued in 2026?

Based on GuruFocus' analysis, ZF Steering Gear (India) stock appears to be undervalued. The current stock price of ₹668.70 is trading 44.3% below its estimated GF Value™ of ₹1,199.93. GuruFocus considers ZF Steering Gear (India) to be Significantly Undervalued.

Key valuation signals for BOM:505163:

  • Days Payable: 47.44 (17% below median its 10-year median of 57.18)
  • GF Value™: ₹1,199.93 vs. price of ₹668.70 (44.3% below fair value)
  • GF Score™: 64/100 with 1 warning sign
  • Industry Position: 29.3% below the Vehicles & Parts median (#884 of 1308)

No single metric tells the full story. See the BOM:505163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZF Steering Gear (India) Business Description

Other Exchanges ZFSTEERING:India
Address Gat No. 1242 and 1244, Village Vadu Budruk, Near Koregaon Bhima, Taluka - Shirur, Pune, MH, IND, 412 216
ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.
64GF Score

Get the complete analysis for BOM:505163

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

₹668.70
Price
₹1,199.93
GF Value