MFL India (BOM:526622) Days Payable: 10.55 (As of Mar. 2026) — 57% Below Median

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BOM:526622 MFL India Ltd BOM:526622
27 GF Score
Price ₹0.38
GF Value ₹0.93
Valuation Possible Value Trap
! 6 Warning Signs
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What is MFL India Days Payable?

MFL India BOM:526622 -2.56% 27 Days Payable is 10.55 as of Mar. 2026, which is 57% below its 10-year median of 24.53. GuruFocus rates BOM:526622 with a GF Score™ of 27/100 and a GF Value™ of ₹0.93 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 969 Transportation companies, MFL India ranks worse than 77.61% on this metric.

MFL India's average Accounts Payable for the three months ended in Mar. 2026 was ₹21.0 Mil. MFL India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹181.8 Mil. Hence, MFL India's Days Payable for the three months ended in Mar. 2026 was 10.55.

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

BOM:526622' s Days Payable Range Over the Past 10 Years
Min: 4.42   Med: 24.53   Max: 111.4
Current: 21.56

During the past 13 years, MFL India's highest Days Payable was 111.40. The lowest was 4.42. And the median was 24.53.

BOM:526622's Days Payable is ranked worse than
77.61% of 969 companies
in the Transportation industry
Industry Median: 38.61 vs BOM:526622: 21.56

MFL India's Days Payable increased from Mar. 2025 (8.94) to Mar. 2026 (10.55). It may suggest that MFL India delayed paying its suppliers.


MFL India Days Payable Historical Data

* Premium members only.

The historical data trend for MFL 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.

MFL India Days Payable Chart

MFL 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 27.32 69.66 21.74 32.24 19.52

MFL 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 8.94 28.44 28.45 24.67 10.55

BOM:526622 vs ODFL, XPO, KNX: Days Payable Comparison

For the Trucking subindustry, MFL 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.


MFL India Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, MFL India's Days Payable distribution charts can be found below:

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


BOM:526622
27GF Score
MFL India Ltd BOM:526622
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MFL 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.

MFL 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
=( (50.657 + 21.017) / 2 ) / 670.231*365
=35.837 / 670.231*365
=19.52

MFL 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 + 21.017) / 1 ) / 181.847*365 / 4
=21.017 / 181.847*365 / 4
=10.55

* 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 10.55 mean?
MFL India (BOM:526622) has a Days Payable of 10.55 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 MFL India and its competitors. This is 57% below median its historical median of 24.53. Over the past decade, MFL India's Days Payable has ranged from 4.42 to 111.40. According to the industry distribution chart, MFL India ranks #752 out of 969 companies in the Transportation industry, placing it in the top 77.6%.
Is MFL India's Days Payable too high?
MFL India's current Days Payable of 10.55 is 57% below median its 10-year median of 24.53. Over the past 10 years, this metric has ranged from a low of 4.42 to a high of 111.40. The Transportation industry median Days Payable is 38.61. MFL India's value of 10.55 is 72.7% below this industry median. Based on the distribution chart, MFL India ranks #752 out of 969 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, MFL India has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MFL India's Days Payable compare to ODFL and XPO?
According to the Transportation industry distribution chart, MFL India ranks #752 out of 969 companies for Days Payable. This places MFL India in the lower half of its industry. The industry median Days Payable is 38.61. MFL India's value of 10.55 is 72.7% below this benchmark. Historically, MFL India's own Days Payable has ranged from 4.42 to 111.40 over the past decade. While the company's 10-year median is 24.53 vs. the industry median of 38.61, MFL 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 Transportation company?
The median Days Payable among Transportation companies is 38.61, based on 969 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. MFL India's current Days Payable of 10.55 is 72.7% 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 MFL India and its competitors. For the Transportation industry, the median Days Payable is 38.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFL India's current Days Payable is 10.55, which is 57% below median its own 10-year median of 24.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFL India stock overvalued right now?
Based on GuruFocus' analysis, MFL India (BOM:526622) is currently considered Possible Value Trap. The stock's GF Value™ is ₹0.93, compared to a current price of ₹0.38 — trading 59.1% below its estimated fair value. The current Days Payable is 10.55, which is 57% below median its 10-year median of 24.53 and 72.7% below the Transportation industry median of 38.61. MFL India's overall GF Score™ is 27/100 with 6 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 MFL India (BOM:526622), the current Days Payable is 10.55 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 MFL India (BOM:526622) Overvalued in 2026?

Based on GuruFocus' analysis, MFL India stock appears to be undervalued. The current stock price of ₹0.38 is trading 59.1% below its estimated GF Value™ of ₹0.93. GuruFocus considers MFL India to be Possible Value Trap.

Key valuation signals for BOM:526622:

  • Days Payable: 10.55 (57% below median its 10-year median of 24.53)
  • GF Value™: ₹0.93 vs. price of ₹0.38 (59.1% below fair value)
  • GF Score™: 27/100 with 6 warning signs
  • Industry Position: 72.7% below the Transportation median (#752 of 969)

No single metric tells the full story. See the BOM:526622 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MFL India Business Description

Address Mayur ViharPhase - 1, 94/4, Main Market, UG-9, Well King Towers, Village Patparganj, East Delhi, Delhi, IND, 110091
MFL India Ltd is an India-based transport and logistics company. Its only operating segment is Transportation/Trucking. The company fleet includes a mixed variety of heavy-weight cargo carriers, along with a diversified portfolio of transportation services that includes high-capacity trucks and trailers. Its logistics portfolio includes freight management, cargo brokerage, and intermodal. The commodities mainly transported are retail store merchandise, two-wheeler motorcycles, consumer products, fast-moving consumer goods, other manufactured products, and grocery products.
27GF Score

Get the complete analysis for BOM:526622

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

₹0.38
Price
₹0.93
GF Value