ZF Commercial Vehicle Control Systems India (BOM:533023) Days Payable: 61.75 (As of Mar. 2026) — 16% Below Median

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BOM:533023 ZF Commercial Vehicle Control Systems India Ltd BOM:533023
93 GF Score
Price ₹2,332.45
GF Value ₹2,623.16
Valuation Modestly Undervalued
! 2 Warning Signs
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What is ZF Commercial Vehicle Control Systems India Days Payable?

ZF Commercial Vehicle Control Systems India BOM:533023 -0.04% 93 Days Payable is 61.75 as of Mar. 2026, which is 16% below its 10-year median of 73.55. GuruFocus rates BOM:533023 with a GF Score™ of 93/100 and a GF Value™ of ₹2,623.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,306 Vehicles & Parts companies, ZF Commercial Vehicle Control Systems India ranks worse than 55.51% on this metric.

ZF Commercial Vehicle Control Systems India's average Accounts Payable for the three months ended in Mar. 2026 was ₹4,622 Mil. ZF Commercial Vehicle Control Systems India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,830 Mil. Hence, ZF Commercial Vehicle Control Systems India's Days Payable for the three months ended in Mar. 2026 was 61.75.

The historical rank and industry rank for ZF Commercial Vehicle Control Systems India's Days Payable or its related term are showing as below:

BOM:533023' s Days Payable Range Over the Past 10 Years
Min: 54.36   Med: 73.55   Max: 90.75
Current: 60.8

During the past 13 years, ZF Commercial Vehicle Control Systems India's highest Days Payable was 90.75. The lowest was 54.36. And the median was 73.55.

BOM:533023's Days Payable is ranked worse than
55.51% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs BOM:533023: 60.80

ZF Commercial Vehicle Control Systems India's Days Payable increased from Mar. 2025 (54.40) to Mar. 2026 (61.75). It may suggest that ZF Commercial Vehicle Control Systems India delayed paying its suppliers.


ZF Commercial Vehicle Control Systems India Days Payable Related Terms


ZF Commercial Vehicle Control Systems India Days Payable Historical Data

* Premium members only.

The historical data trend for ZF Commercial Vehicle Control Systems 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 Commercial Vehicle Control Systems India Days Payable Chart

ZF Commercial Vehicle Control Systems 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 71.84 55.13 54.36 56.73 58.91

ZF Commercial Vehicle Control Systems 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 54.40 56.74 65.62 55.81 61.75

BOM:533023 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, ZF Commercial Vehicle Control Systems 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 Commercial Vehicle Control Systems India Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Commercial Vehicle Control Systems India's Days Payable distribution charts can be found below:

* The bar in red indicates where ZF Commercial Vehicle Control Systems India's Days Payable falls into.


BOM:533023
93GF Score
ZF Commercial Vehicle Control Systems India Ltd BOM:533023
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ZF Commercial Vehicle Control Systems 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 Commercial Vehicle Control Systems 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
=( (3512.125 + 4622.133) / 2 ) / 25199.924*365
=4067.129 / 25199.924*365
=58.91

ZF Commercial Vehicle Control Systems 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 + 4622.133) / 1 ) / 6830.082*365 / 4
=4622.133 / 6830.082*365 / 4
=61.75

* 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 61.75 mean?
ZF Commercial Vehicle Control Systems India (BOM:533023) has a Days Payable of 61.75 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 Commercial Vehicle Control Systems India and its competitors. This is 16% below median its historical median of 73.55. Over the past decade, ZF Commercial Vehicle Control Systems India's Days Payable has ranged from 54.36 to 90.75. According to the industry distribution chart, ZF Commercial Vehicle Control Systems India ranks #725 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 55.5%.
Is ZF Commercial Vehicle Control Systems India's Days Payable too high?
ZF Commercial Vehicle Control Systems India's current Days Payable of 61.75 is 16% below median its 10-year median of 73.55. Over the past 10 years, this metric has ranged from a low of 54.36 to a high of 90.75. The Vehicles & Parts industry median Days Payable is 67.26. ZF Commercial Vehicle Control Systems India's value of 61.75 is 8.2% below this industry median. Based on the distribution chart, ZF Commercial Vehicle Control Systems India ranks #725 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, ZF Commercial Vehicle Control Systems India has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZF Commercial Vehicle Control Systems India's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, ZF Commercial Vehicle Control Systems India ranks #725 out of 1306 companies for Days Payable. This places ZF Commercial Vehicle Control Systems India in the lower half of its industry. The industry median Days Payable is 67.26. ZF Commercial Vehicle Control Systems India's value of 61.75 is 8.2% below this benchmark. Historically, ZF Commercial Vehicle Control Systems India's own Days Payable has ranged from 54.36 to 90.75 over the past decade. While the company's 10-year median is 73.55 vs. the industry median of 67.26, ZF Commercial Vehicle Control Systems 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 67.26, based on 1,306 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 Commercial Vehicle Control Systems India's current Days Payable of 61.75 is 8.2% 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 Commercial Vehicle Control Systems India and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZF Commercial Vehicle Control Systems India's current Days Payable is 61.75, which is 16% below median its own 10-year median of 73.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZF Commercial Vehicle Control Systems India stock overvalued right now?
Based on GuruFocus' analysis, ZF Commercial Vehicle Control Systems India (BOM:533023) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,623.16, compared to a current price of ₹2,332.45 — trading 11.1% below its estimated fair value. The current Days Payable is 61.75, which is 16% below median its 10-year median of 73.55 and 8.2% below the Vehicles & Parts industry median of 67.26. ZF Commercial Vehicle Control Systems India's overall GF Score™ is 93/100 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 ZF Commercial Vehicle Control Systems India (BOM:533023), the current Days Payable is 61.75 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 Commercial Vehicle Control Systems India (BOM:533023) Overvalued in 2026?

Based on GuruFocus' analysis, ZF Commercial Vehicle Control Systems India stock appears to be undervalued. The current stock price of ₹2,332.45 is trading 11.1% below its estimated GF Value™ of ₹2,623.16. GuruFocus considers ZF Commercial Vehicle Control Systems India to be Modestly Undervalued.

Key valuation signals for BOM:533023:

  • Days Payable: 61.75 (16% below median its 10-year median of 73.55)
  • GF Value™: ₹2,623.16 vs. price of ₹2,332.45 (11.1% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 8.2% below the Vehicles & Parts median (#725 of 1306)

No single metric tells the full story. See the BOM:533023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZF Commercial Vehicle Control Systems India Business Description

Other Exchanges ZFCVINDIA:India
Address Plot No. 3 (SP), III Main Road, Ambattur Industrial Estate, Chennai, TN, IND, 600058
ZF Commercial Vehicle Control Systems India Ltd is a supplier of technologies and services that improve commercial vehicle safety, efficiency, and connectivity. It offers conventional braking products, braking systems, and other related air-assisted products and systems, such as air suspension and driveline controls. Its operates in the automotive segment.
93GF Score

Get the complete analysis for BOM:533023

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

₹2,332.45
Price
₹2,623.16
GF Value