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Ashoka RefineriesBOM:526983 22 Days Payable is 558.03 as of Mar. 2026, which is 496% above its 10-year median of 93.70. GuruFocus rates BOM:526983 with a GF Score™ of 22/100 and a GF Value™ of ₹0.37 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 510 Conglomerates companies, Ashoka Refineries ranks better than 92.35% on this metric.
The historical rank and industry rank for Ashoka Refineries's Days Payable or its related term are showing as below:
BOM:526983'
s Days Payable Range Over the Past 10 Years
Min: 2.41 Med: 93.7 Max: 936.64
Current: 222.63
During the past 13 years, Ashoka Refineries's highest Days Payable was 936.64. The lowest was 2.41. And the median was 93.70.
BOM:526983's Days Payable is ranked better than 92.35% of 510
companies
in the Conglomerates industry
Industry Median: 56.11
vs BOM:526983: 222.63
Ashoka Refineries's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (558.03).
It may suggest that Ashoka Refineriesdelayed paying its suppliers.
Ashoka Refineries Days Payable Related Terms
Ashoka Refineries Days Payable Historical Data
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The historical data trend for Ashoka Refineries'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.
For the Conglomerates subindustry, Ashoka Refineries'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.
Ashoka Refineries Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Ashoka Refineries's Days Payable distribution charts can be found below:
* The bar in red indicates where Ashoka Refineries'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.
Ashoka Refineries'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.
Ashoka Refineries (BOM:526983) has a Days Payable of 558.03 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 Ashoka Refineries and its competitors. This is 496% above median its historical median of 93.70. Over the past decade, Ashoka Refineries' Days Payable has ranged from 2.41 to 936.64. According to the industry distribution chart, Ashoka Refineries ranks #39 out of 510 companies in the Conglomerates industry, placing it in the top 7.6%.
Is Ashoka Refineries' Days Payable too high?
Ashoka Refineries' current Days Payable of 558.03 is 496% above median its 10-year median of 93.70. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 936.64. The Conglomerates industry median Days Payable is 56.11. Ashoka Refineries' value of 558.03 is 894.5% above this industry median. Based on the distribution chart, Ashoka Refineries ranks #39 out of 510 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Ashoka Refineries has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Refineries' Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ashoka Refineries ranks #39 out of 510 companies for Days Payable. This places Ashoka Refineries in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.11. Ashoka Refineries' value of 558.03 is 894.5% above this benchmark. Historically, Ashoka Refineries' own Days Payable has ranged from 2.41 to 936.64 over the past decade. While the company's 10-year median is 93.70 vs. the industry median of 56.11, Ashoka Refineries 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.11, based on 510 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. Ashoka Refineries's current Days Payable of 558.03 is 894.5% 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 Ashoka Refineries and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Refineries's current Days Payable is 558.03, which is 496% above median its own 10-year median of 93.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Refineries stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Refineries (BOM:526983) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.37, compared to a current price of ₹14.74 — trading 3883.8% above its estimated fair value. The current Days Payable is 558.03, which is 496% above median its 10-year median of 93.70 and 894.5% above the Conglomerates industry median of 56.11. Ashoka Refineries' overall GF Score™ is 22/100 with 4 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 Ashoka Refineries (BOM:526983), the current Days Payable is 558.03 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 Ashoka Refineries (BOM:526983) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka Refineries stock appears to be overvalued.
The current stock price of ₹14.74 is trading 3883.8% above its estimated GF Value™ of ₹0.37.
GuruFocus considers Ashoka Refineries to be Significantly Overvalued.
Key valuation signals for BOM:526983:
Days Payable: 558.03 (496% above median its 10-year median of 93.70)
GF Value™: ₹0.37 vs. price of ₹14.74 (3883.8% above fair value)
Industry Position: 894.5% above the Conglomerates median (#39 of 510)
No single metric tells the full story. See the BOM:526983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka Refineries Ltd is engaged in the trading of goods and providing consultancy services. The company generates all of its revenue from the sale of goods.
22GF Score
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