Highway Infrastructure (BOM:544477) Days Payable: 4.10 (As of Mar. 2026) — 66% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544477 Highway Infrastructure Ltd BOM:544477
18 GF Score
Price ₹45.90
! 4 Warning Signs
View Full Analysis

What is Highway Infrastructure Days Payable?

Highway Infrastructure BOM:544477 -0.07% 18 Days Payable is 4.10 as of Mar. 2026, which is 66% below its 10-year median of 12.05. GuruFocus rates BOM:544477 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,715 Construction companies, Highway Infrastructure ranks worse than 99.13% on this metric.

Highway Infrastructure's average Accounts Payable for the three months ended in Mar. 2026 was ₹114 Mil. Highway Infrastructure's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,537 Mil. Hence, Highway Infrastructure's Days Payable for the three months ended in Mar. 2026 was 4.10.

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

BOM:544477' s Days Payable Range Over the Past 10 Years
Min: 6.48   Med: 12.05   Max: 23.37
Current: 6.48

During the past 5 years, Highway Infrastructure's highest Days Payable was 23.37. The lowest was 6.48. And the median was 12.05.

BOM:544477's Days Payable is ranked worse than
99.13% of 1715 companies
in the Construction industry
Industry Median: 76.33 vs BOM:544477: 6.48

Highway Infrastructure's Days Payable declined from Mar. 2025 (12.52) to Mar. 2026 (4.10). It may suggest that Highway Infrastructure accelerated paying its suppliers.


Highway Infrastructure Days Payable Historical Data

* Premium members only.

The historical data trend for Highway Infrastructure'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.

Highway Infrastructure Days Payable Chart

Highway Infrastructure Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
23.37 12.46 7.60 12.05 8.80

Highway Infrastructure Quarterly Data
Mar22 Mar23 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 12.52 14.51 2.76 2.29 4.10

Highway Infrastructure Days Payable Competitor Comparison

For the Infrastructure Operations subindustry, Highway Infrastructure'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.


Highway Infrastructure Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Highway Infrastructure's Days Payable distribution charts can be found below:

* The bar in red indicates where Highway Infrastructure's Days Payable falls into.


BOM:544477
18GF Score
Highway Infrastructure Ltd BOM:544477
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highway Infrastructure 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.

Highway Infrastructure'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
=( (154.26 + 113.92) / 2 ) / 5564.55*365
=134.09 / 5564.55*365
=8.80

Highway Infrastructure'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 + 113.92) / 1 ) / 2536.65*365 / 4
=113.92 / 2536.65*365 / 4
=4.10

* 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 4.10 mean?
Highway Infrastructure (BOM:544477) has a Days Payable of 4.10 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 Highway Infrastructure and its competitors. This is 66% below median its historical median of 12.05. Over the past decade, Highway Infrastructure's Days Payable has ranged from 6.48 to 23.37. According to the industry distribution chart, Highway Infrastructure ranks #1700 out of 1715 companies in the Construction industry, placing it in the top 99.1%.
Is Highway Infrastructure's Days Payable too high?
Highway Infrastructure's current Days Payable of 4.10 is 66% below median its 10-year median of 12.05. Over the past 10 years, this metric has ranged from a low of 6.48 to a high of 23.37. The Construction industry median Days Payable is 76.33. Highway Infrastructure's value of 4.10 is 94.6% below this industry median. Based on the distribution chart, Highway Infrastructure ranks #1700 out of 1715 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Highway Infrastructure has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Highway Infrastructure's Days Payable compare to competitors?
According to the Construction industry distribution chart, Highway Infrastructure ranks #1700 out of 1715 companies for Days Payable. This places Highway Infrastructure in the lower half of its industry. The industry median Days Payable is 76.33. Highway Infrastructure's value of 4.10 is 94.6% below this benchmark. Historically, Highway Infrastructure's own Days Payable has ranged from 6.48 to 23.37 over the past decade. While the company's 10-year median is 12.05 vs. the industry median of 76.33, Highway Infrastructure 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 Construction company?
The median Days Payable among Construction companies is 76.33, based on 1,715 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. Highway Infrastructure's current Days Payable of 4.10 is 94.6% 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 Highway Infrastructure and its competitors. For the Construction industry, the median Days Payable is 76.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highway Infrastructure's current Days Payable is 4.10, which is 66% below median its own 10-year median of 12.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Infrastructure stock overvalued right now?
Highway Infrastructure (BOM:544477) has a current Days Payable of 4.10. The current Days Payable is 4.10, which is 66% below median its 10-year median of 12.05 and 94.6% below the Construction industry median of 76.33. Highway Infrastructure's overall GF Score™ is 18/100 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 Highway Infrastructure (BOM:544477), the current Days Payable is 4.10 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.

Highway Infrastructure Business Description

Other Exchanges HILINFRA:India
Address Ring Road, 57-FA, Scheme No. 94, Pipliyahana Junction, Indore, MP, IND, 452016
Highway Infrastructure Ltd is an infrastructure development and management Company. It is engaged in the business of tollway collection, EPC Infra and real estate business. It is one of the few toll operators who have managed tollway collection based on ANPR technology on Delhi-Meerut Expressway. The Company has operated tolls on some of the known inter-state and intra-state expressways across 11 states and one Union Territory.
18GF Score

Get the complete analysis for BOM:544477

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

₹45.90
Price