Tirupati Innovar (BOM:539040) Days Payable: 185.37 (As of Mar. 2026) — 27% Below Median

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BOM:539040 Tirupati Innovar Ltd BOM:539040
33 GF Score
Price ₹6.21
! 3 Warning Signs
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What is Tirupati Innovar Days Payable?

Tirupati Innovar BOM:539040 +0.98% 33 Days Payable is 185.37 as of Mar. 2026, which is 27% below its 10-year median of 254.82. GuruFocus rates BOM:539040 with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 1,312 Vehicles & Parts companies, Tirupati Innovar ranks better than 90.62% on this metric.

Tirupati Innovar's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,475 Mil. Tirupati Innovar's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹726 Mil. Hence, Tirupati Innovar's Days Payable for the three months ended in Mar. 2026 was 185.37.

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

BOM:539040' s Days Payable Range Over the Past 10 Years
Min: 183.34   Med: 254.82   Max: 6399.1
Current: 185.94

During the past 13 years, Tirupati Innovar's highest Days Payable was 6399.10. The lowest was 183.34. And the median was 254.82.

BOM:539040's Days Payable is ranked better than
90.62% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs BOM:539040: 185.94

Tirupati Innovar's Days Payable increased from Mar. 2025 (91.61) to Mar. 2026 (185.37). It may suggest that Tirupati Innovar delayed paying its suppliers.


Tirupati Innovar Days Payable Historical Data

* Premium members only.

The historical data trend for Tirupati Innovar'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.

Tirupati Innovar Days Payable Chart

Tirupati Innovar 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 0.00 0.00 0.00 183.34 206.61

Tirupati Innovar 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 91.61 0.00 109.00 246.66 185.37

BOM:539040 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Tirupati Innovar'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.


Tirupati Innovar Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tirupati Innovar's Days Payable distribution charts can be found below:

* The bar in red indicates where Tirupati Innovar's Days Payable falls into.


BOM:539040
33GF Score
Tirupati Innovar Ltd BOM:539040
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tirupati Innovar 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.

Tirupati Innovar'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
=( (100.291 + 1474.618) / 2 ) / 1391.113*365
=787.4545 / 1391.113*365
=206.61

Tirupati Innovar'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 + 1474.618) / 1 ) / 725.891*365 / 4
=1474.618 / 725.891*365 / 4
=185.37

* 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 185.37 mean?
Tirupati Innovar (BOM:539040) has a Days Payable of 185.37 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 Tirupati Innovar and its competitors. This is 27% below median its historical median of 254.82. Over the past decade, Tirupati Innovar's Days Payable has ranged from 183.34 to 6,399.10. According to the industry distribution chart, Tirupati Innovar ranks #123 out of 1312 companies in the Vehicles & Parts industry, placing it in the top 9.4%.
Is Tirupati Innovar's Days Payable too high?
Tirupati Innovar's current Days Payable of 185.37 is 27% below median its 10-year median of 254.82. Over the past 10 years, this metric has ranged from a low of 183.34 to a high of 6,399.10. The Vehicles & Parts industry median Days Payable is 66.61. Tirupati Innovar's value of 185.37 is 178.3% above this industry median. Based on the distribution chart, Tirupati Innovar ranks #123 out of 1312 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Tirupati Innovar has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Tirupati Innovar's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tirupati Innovar ranks #123 out of 1312 companies for Days Payable. This places Tirupati Innovar in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.61. Tirupati Innovar's value of 185.37 is 178.3% above this benchmark. Historically, Tirupati Innovar's own Days Payable has ranged from 183.34 to 6,399.10 over the past decade. While the company's 10-year median is 254.82 vs. the industry median of 66.61, Tirupati Innovar 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.61, based on 1,312 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. Tirupati Innovar's current Days Payable of 185.37 is 178.3% 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 Tirupati Innovar and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirupati Innovar's current Days Payable is 185.37, which is 27% below median its own 10-year median of 254.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirupati Innovar stock overvalued right now?
Tirupati Innovar (BOM:539040) has a current Days Payable of 185.37. The current Days Payable is 185.37, which is 27% below median its 10-year median of 254.82 and 178.3% above the Vehicles & Parts industry median of 66.61. Tirupati Innovar's overall GF Score™ is 33/100 with 3 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 Tirupati Innovar (BOM:539040), the current Days Payable is 185.37 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.

Tirupati Innovar Business Description

Address Anand Nagar, Unit No. 606, Reliables Pride, Opposite Heera Panna, Jogeshwari West, Mumbai, MH, IND, 400102
Tirupati Innovar Ltd, formerly Tirupati Tyres Ltd is a tyre manufacturer in India catering to diverse business segments in the automobile industry. It manufactures and retails tires and tubes for cycles, bicycles, motorcycles, auto rickshaws, and other vehicles in India. The company serves diverse segments within the automobile industry by providing a range of rubber products tailored for different vehicle types. It operates through a network of dealers and distributors to reach its customers. Revenue prominently comes from the sale of tires and related products, supported by manufacturing and trading activities. The company focuses on delivering quality solutions aimed at meeting the needs of various transportation sectors.
33GF Score

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