Honda Atlas Cars Pakistan (KAR:HCAR) Days Payable: 48.71 (As of Mar. 2026) — 79% Above Median


KAR:HCAR Honda Atlas Cars Pakistan Ltd KAR:HCAR
58 GF Score
Price ₨241.38
GF Value ₨462.88
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Honda Atlas Cars Pakistan Days Payable?

Honda Atlas Cars Pakistan KAR:HCAR +0.42% 58 Days Payable is 48.71 as of Mar. 2026, which is 79% above its 10-year median of 27.16. GuruFocus rates KAR:HCAR with a GF Score™ of 58/100 and a GF Value™ of ₨462.88 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Honda Atlas Cars Pakistan ranks worse than 50.15% on this metric.

Honda Atlas Cars Pakistan's average Accounts Payable for the three months ended in Mar. 2026 was ₨18,421 Mil. Honda Atlas Cars Pakistan's Cost of Goods Sold for the three months ended in Mar. 2026 was ₨34,510 Mil. Hence, Honda Atlas Cars Pakistan's Days Payable for the three months ended in Mar. 2026 was 48.71.

The historical rank and industry rank for Honda Atlas Cars Pakistan's Days Payable or its related term are showing as below:

KAR:HCAR' s Days Payable Range Over the Past 10 Years
Min: 15.03   Med: 27.16   Max: 66.73
Current: 66.73

During the past 13 years, Honda Atlas Cars Pakistan's highest Days Payable was 66.73. The lowest was 15.03. And the median was 27.16.

KAR:HCAR's Days Payable is ranked worse than
50.15% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs KAR:HCAR: 66.73

Honda Atlas Cars Pakistan's Days Payable increased from Mar. 2025 (40.01) to Mar. 2026 (48.71). It may suggest that Honda Atlas Cars Pakistan delayed paying its suppliers.


Honda Atlas Cars Pakistan Days Payable Historical Data

* Premium members only.

The historical data trend for Honda Atlas Cars Pakistan'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.

Honda Atlas Cars Pakistan Days Payable Chart

Honda Atlas Cars Pakistan 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 19.92 48.02 65.04 15.03 17.66

Honda Atlas Cars Pakistan 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 40.01 56.63 121.71 98.04 48.71

KAR:HCAR vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Honda Atlas Cars Pakistan'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.


Honda Atlas Cars Pakistan Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Honda Atlas Cars Pakistan's Days Payable distribution charts can be found below:

* The bar in red indicates where Honda Atlas Cars Pakistan's Days Payable falls into.


KAR:HCAR
58GF Score
Honda Atlas Cars Pakistan Ltd KAR:HCAR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honda Atlas Cars Pakistan 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.

Honda Atlas Cars Pakistan'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
=( (3588.069 + 7324.36) / 2 ) / 112800.463*365
=5456.2145 / 112800.463*365
=17.66

Honda Atlas Cars Pakistan'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
=( (29517.823 + 7324.36) / 2 ) / 34510.465*365 / 4
=18421.0915 / 34510.465*365 / 4
=48.71

* 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 48.71 mean?
Honda Atlas Cars Pakistan (KAR:HCAR) has a Days Payable of 48.71 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 Honda Atlas Cars Pakistan and its competitors. This is 79% above median its historical median of 27.16. Over the past decade, Honda Atlas Cars Pakistan's Days Payable has ranged from 15.03 to 66.73. According to the industry distribution chart, Honda Atlas Cars Pakistan ranks #657 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 50.2%.
Is Honda Atlas Cars Pakistan's Days Payable too high?
Honda Atlas Cars Pakistan's current Days Payable of 48.71 is 79% above median its 10-year median of 27.16. Over the past 10 years, this metric has ranged from a low of 15.03 to a high of 66.73. The Vehicles & Parts industry median Days Payable is 67.02. Honda Atlas Cars Pakistan's value of 48.71 is 27.3% below this industry median. Based on the distribution chart, Honda Atlas Cars Pakistan ranks #657 out of 1310 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Honda Atlas Cars Pakistan has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Atlas Cars Pakistan's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Honda Atlas Cars Pakistan ranks #657 out of 1310 companies for Days Payable. This places Honda Atlas Cars Pakistan in the lower half of its industry. The industry median Days Payable is 67.02. Honda Atlas Cars Pakistan's value of 48.71 is 27.3% below this benchmark. Historically, Honda Atlas Cars Pakistan's own Days Payable has ranged from 15.03 to 66.73 over the past decade. While the company's 10-year median is 27.16 vs. the industry median of 67.02, Honda Atlas Cars Pakistan 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 67.02, based on 1,310 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. Honda Atlas Cars Pakistan's current Days Payable of 48.71 is 27.3% 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 Honda Atlas Cars Pakistan and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honda Atlas Cars Pakistan's current Days Payable is 48.71, which is 79% above median its own 10-year median of 27.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda Atlas Cars Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Honda Atlas Cars Pakistan (KAR:HCAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₨462.88, compared to a current price of ₨241.38 — trading 47.9% below its estimated fair value. The current Days Payable is 48.71, which is 79% above median its 10-year median of 27.16 and 27.3% below the Vehicles & Parts industry median of 67.02. Honda Atlas Cars Pakistan's overall GF Score™ is 58/100 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 Honda Atlas Cars Pakistan (KAR:HCAR), the current Days Payable is 48.71 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 Honda Atlas Cars Pakistan (KAR:HCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Atlas Cars Pakistan stock appears to be undervalued. The current stock price of ₨241.38 is trading 47.9% below its estimated GF Value™ of ₨462.88. GuruFocus considers Honda Atlas Cars Pakistan to be Significantly Undervalued.

Key valuation signals for KAR:HCAR:

  • Days Payable: 48.71 (79% above median its 10-year median of 27.16)
  • GF Value™: ₨462.88 vs. price of ₨241.38 (47.9% below fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 27.3% below the Vehicles & Parts median (#657 of 1310)

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


Honda Atlas Cars Pakistan Business Description

Address 1-Mcleod Road, Lahore, PB, PAK
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its segments include the Manufacturing and Trading segment. The manufacturing segment relates to the sale of locally manufactured cars and parts, and the Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as the Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with technology features. Honda derives the majority of its revenue from the Manufacturing segment. Geographically, it operates in Pakistan, Thailand, and Japan.
58GF Score

Get the complete analysis for KAR:HCAR

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

₨241.38
Price
₨462.88
GF Value