GMR Airports (BOM:532754) Days Payable: 56.36 (As of Mar. 2026) — 58% Below Median

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BOM:532754 GMR Airports Ltd BOM:532754
75 GF Score
Price ₹105.65
GF Value ₹78.75
Valuation Significantly Overvalued
! 7 Warning Signs
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What is GMR Airports Days Payable?

GMR Airports BOM:532754 -0.80% 75 Days Payable is 56.36 as of Mar. 2026, which is 58% below its 10-year median of 133.02. GuruFocus rates BOM:532754 with a GF Score™ of 75/100 and a GF Value™ of ₹78.75 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 967 Transportation companies, GMR Airports ranks better than 72.49% on this metric.

GMR Airports's average Accounts Payable for the three months ended in Mar. 2026 was ₹13,277 Mil. GMR Airports's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹21,497 Mil. Hence, GMR Airports's Days Payable for the three months ended in Mar. 2026 was 56.36.

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

BOM:532754' s Days Payable Range Over the Past 10 Years
Min: 67.43   Med: 133.02   Max: 344.16
Current: 67.43

During the past 13 years, GMR Airports's highest Days Payable was 344.16. The lowest was 67.43. And the median was 133.02.

BOM:532754's Days Payable is ranked better than
72.49% of 967 companies
in the Transportation industry
Industry Median: 38.25 vs BOM:532754: 67.43

GMR Airports's Days Payable declined from Mar. 2025 (103.17) to Mar. 2026 (56.36). It may suggest that GMR Airports accelerated paying its suppliers.


GMR Airports Days Payable Historical Data

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The historical data trend for GMR Airports'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.

GMR Airports Days Payable Chart

GMR Airports 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 341.72 188.92 179.91 140.98 74.86

GMR Airports 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 103.17 98.32 53.63 50.41 56.36

BOM:532754 vs JOBY, CAAP: Days Payable Comparison

For the Airports & Air Services subindustry, GMR Airports'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.


GMR Airports Days Payable vs Transportation Industry

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

* The bar in red indicates where GMR Airports's Days Payable falls into.


BOM:532754
75GF Score
GMR Airports Ltd BOM:532754
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GMR Airports 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.

GMR Airports'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
=( (19854.3 + 13276.8) / 2 ) / 80765.6*365
=16565.55 / 80765.6*365
=74.86

GMR Airports'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 + 13276.8) / 1 ) / 21497*365 / 4
=13276.8 / 21497*365 / 4
=56.36

* 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 56.36 mean?
GMR Airports (BOM:532754) has a Days Payable of 56.36 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 GMR Airports and its competitors. This is 58% below median its historical median of 133.02. Over the past decade, GMR Airports' Days Payable has ranged from 67.43 to 344.16. According to the industry distribution chart, GMR Airports ranks #266 out of 967 companies in the Transportation industry, placing it in the top 27.5%.
Is GMR Airports' Days Payable too high?
GMR Airports' current Days Payable of 56.36 is 58% below median its 10-year median of 133.02. Over the past 10 years, this metric has ranged from a low of 67.43 to a high of 344.16. The Transportation industry median Days Payable is 38.25. GMR Airports' value of 56.36 is 47.3% above this industry median. Based on the distribution chart, GMR Airports ranks #266 out of 967 companies in the Transportation industry, which is above the industry midpoint. Overall, GMR Airports has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GMR Airports' Days Payable compare to JOBY and CAAP?
According to the Transportation industry distribution chart, GMR Airports ranks #266 out of 967 companies for Days Payable. This puts GMR Airports in the upper half of its industry. The industry median Days Payable is 38.25. GMR Airports' value of 56.36 is 47.3% above this benchmark. Historically, GMR Airports' own Days Payable has ranged from 67.43 to 344.16 over the past decade. While the company's 10-year median is 133.02 vs. the industry median of 38.25, GMR Airports 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 Transportation company?
The median Days Payable among Transportation companies is 38.25, based on 967 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. GMR Airports's current Days Payable of 56.36 is 47.3% 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 GMR Airports and its competitors. For the Transportation industry, the median Days Payable is 38.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMR Airports's current Days Payable is 56.36, which is 58% below median its own 10-year median of 133.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMR Airports stock overvalued right now?
Based on GuruFocus' analysis, GMR Airports (BOM:532754) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹78.75, compared to a current price of ₹105.65 — trading 34.2% above its estimated fair value. The current Days Payable is 56.36, which is 58% below median its 10-year median of 133.02 and 47.3% above the Transportation industry median of 38.25. GMR Airports' overall GF Score™ is 75/100 with 7 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 GMR Airports (BOM:532754), the current Days Payable is 56.36 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 GMR Airports (BOM:532754) Overvalued in 2026?

Based on GuruFocus' analysis, GMR Airports stock appears to be overvalued. The current stock price of ₹105.65 is trading 34.2% above its estimated GF Value™ of ₹78.75. GuruFocus considers GMR Airports to be Significantly Overvalued.

Key valuation signals for BOM:532754:

  • Days Payable: 56.36 (58% below median its 10-year median of 133.02)
  • GF Value™: ₹78.75 vs. price of ₹105.65 (34.2% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 47.3% above the Transportation median (#266 of 967)

No single metric tells the full story. See the BOM:532754 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMR Airports Business Description

Other Exchanges GMRAIRPORT:India
Address New Udaan Bhawan, Opposite Terminal 3, Indira Gandhi International Airport, New Delhi, IND, 110037
GMR Airports Ltd is an airport platform company engaged in designing, constructing, and operating airports. Under the brand name GMR AERO, it offers aviation solutions in retail, aero services, and real estate. The group's portfolio comprises various airports such as Delhi International Airport, Hyderabad International Airport, Mactan Cebu International Airport in Philippines, Bidar Airport, Crete International Airport in Greece, and others.
75GF Score

Get the complete analysis for BOM:532754

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

₹105.65
Price
₹78.75
GF Value