ITL Industries (BOM:522183) Days Payable: 55.52 (As of Mar. 2026) — 28% Below Median


BOM:522183 ITL Industries Ltd BOM:522183
81 GF Score
Price ₹276.90
GF Value ₹432.08
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is ITL Industries Days Payable?

ITL Industries BOM:522183 -3.22% 81 Days Payable is 55.52 as of Mar. 2026, which is 28% below its 10-year median of 77.55. GuruFocus rates BOM:522183 with a GF Score™ of 81/100 and a GF Value™ of ₹432.08 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,987 Industrial Products companies, ITL Industries ranks worse than 61.63% on this metric.

ITL Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹263 Mil. ITL Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹432 Mil. Hence, ITL Industries's Days Payable for the three months ended in Mar. 2026 was 55.52.

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

BOM:522183' s Days Payable Range Over the Past 10 Years
Min: 55.9   Med: 77.55   Max: 127.55
Current: 60.38

During the past 13 years, ITL Industries's highest Days Payable was 127.55. The lowest was 55.90. And the median was 77.55.

BOM:522183's Days Payable is ranked worse than
61.63% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs BOM:522183: 60.38

ITL Industries's Days Payable increased from Mar. 2025 (55.04) to Mar. 2026 (55.52). It may suggest that ITL Industries delayed paying its suppliers.


ITL Industries Days Payable Historical Data

* Premium members only.

The historical data trend for ITL Industries'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.

ITL Industries Days Payable Chart

ITL Industries 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 70.59 63.99 58.96 55.90 60.52

ITL Industries 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 55.04 68.81 61.70 57.76 55.52

BOM:522183 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, ITL Industries'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.


ITL Industries Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITL Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where ITL Industries's Days Payable falls into.


BOM:522183
81GF Score
ITL Industries Ltd BOM:522183
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITL Industries 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.

ITL Industries'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
=( (225.976 + 262.89) / 2 ) / 1474.203*365
=244.433 / 1474.203*365
=60.52

ITL Industries'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 + 262.89) / 1 ) / 432.037*365 / 4
=262.89 / 432.037*365 / 4
=55.52

* 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 55.52 mean?
ITL Industries (BOM:522183) has a Days Payable of 55.52 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 ITL Industries and its competitors. This is 28% below median its historical median of 77.55. Over the past decade, ITL Industries' Days Payable has ranged from 55.90 to 127.55. According to the industry distribution chart, ITL Industries ranks #1841 out of 2987 companies in the Industrial Products industry, placing it in the top 61.6%.
Is ITL Industries' Days Payable too high?
ITL Industries' current Days Payable of 55.52 is 28% below median its 10-year median of 77.55. Over the past 10 years, this metric has ranged from a low of 55.90 to a high of 127.55. The Industrial Products industry median Days Payable is 78.05. ITL Industries' value of 55.52 is 28.9% below this industry median. Based on the distribution chart, ITL Industries ranks #1841 out of 2987 companies in the Industrial Products industry, which is below the industry midpoint. Overall, ITL Industries has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ITL Industries' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITL Industries ranks #1841 out of 2987 companies for Days Payable. This places ITL Industries in the lower half of its industry. The industry median Days Payable is 78.05. ITL Industries' value of 55.52 is 28.9% below this benchmark. Historically, ITL Industries' own Days Payable has ranged from 55.90 to 127.55 over the past decade. While the company's 10-year median is 77.55 vs. the industry median of 78.05, ITL Industries 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. ITL Industries's current Days Payable of 55.52 is 28.9% 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 ITL Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITL Industries's current Days Payable is 55.52, which is 28% below median its own 10-year median of 77.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITL Industries stock overvalued right now?
Based on GuruFocus' analysis, ITL Industries (BOM:522183) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹432.08, compared to a current price of ₹276.90 — trading 35.9% below its estimated fair value. The current Days Payable is 55.52, which is 28% below median its 10-year median of 77.55 and 28.9% below the Industrial Products industry median of 78.05. ITL Industries' overall GF Score™ is 81/100 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 ITL Industries (BOM:522183), the current Days Payable is 55.52 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 ITL Industries (BOM:522183) Overvalued in 2026?

Based on GuruFocus' analysis, ITL Industries stock appears to be undervalued. The current stock price of ₹276.90 is trading 35.9% below its estimated GF Value™ of ₹432.08. GuruFocus considers ITL Industries to be Significantly Undervalued.

Key valuation signals for BOM:522183:

  • Days Payable: 55.52 (28% below median its 10-year median of 77.55)
  • GF Value™: ₹432.08 vs. price of ₹276.90 (35.9% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 28.9% below the Industrial Products median (#1841 of 2987)

No single metric tells the full story. See the BOM:522183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITL Industries Business Description

Address 111, Sector -B, Sanwer Road, Industrial Area, Indore, MP, IND, 452015
ITL Industries Ltd is an India-based company engaged in designing, developing, and creating cutting-edge custom-built engineering equipment. It has two operating segments, Machine Manufacturing, which is the key revenue driver; and Trading Activities. The product portfolio includes Blades, Bandsaw, Circular sawing machines, Pipe manufacturing machines, and Power hacksaw machines, among others.
81GF Score

Get the complete analysis for BOM:522183

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

₹276.90
Price
₹432.08
GF Value