Indus Gas (LSE:INDI) Days Payable: 185.47 (As of Sep. 2025) — 47% Above Median


What is Indus Gas Days Payable?

Indus Gas LSE:INDI -32.00% Days Payable is 185.47 as of Sep. 2025, which is 47% above its 10-year median of 126.45. The stock has 6 warning signs investors should review.

Indus Gas's average Accounts Payable for the six months ended in Sep. 2025 was £1.06 Mil. Indus Gas's Cost of Goods Sold for the six months ended in Sep. 2025 was £1.05 Mil. Hence, Indus Gas's Days Payable for the six months ended in Sep. 2025 was 185.47.

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

LSE:INDI' s Days Payable Range Over the Past 10 Years
Min: 57.19   Med: 126.45   Max: 441.98
Current: 165.07

During the past 13 years, Indus Gas's highest Days Payable was 441.98. The lowest was 57.19. And the median was 126.45.

LSE:INDI's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 57.95 vs LSE:INDI: 165.07

Indus Gas's Days Payable declined from Sep. 2024 (372.59) to Sep. 2025 (185.47). It may suggest that Indus Gas accelerated paying its suppliers.


Indus Gas Days Payable Historical Data

* Premium members only.

The historical data trend for Indus Gas'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.

Indus Gas Days Payable Chart

Indus Gas Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 449.95 129.00 55.65 77.60 180.14

Indus Gas Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 77.45 108.55 372.59 139.50 185.47

LSE:INDI vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, Indus Gas'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.


Indus Gas Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Indus Gas's Days Payable distribution charts can be found below:

* The bar in red indicates where Indus Gas's Days Payable falls into.



Indus Gas 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.

Indus Gas's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (0.889 + 0.946) / 2 ) / 1.859*365
=0.9175 / 1.859*365
=180.14

Indus Gas's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0.946 + 1.178) / 2 ) / 1.045*365 / 2
=1.062 / 1.045*365 / 2
=185.47

* 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 185.47 mean?
Indus Gas (LSE:INDI) has a Days Payable of 185.47 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Indus Gas and its competitors. This is 47% above median its historical median of 126.45. Over the past decade, Indus Gas' Days Payable has ranged from 57.19 to 441.98.
Is Indus Gas' Days Payable too high?
Indus Gas' current Days Payable of 185.47 is 47% above median its 10-year median of 126.45. Over the past 10 years, this metric has ranged from a low of 57.19 to a high of 441.98. The Oil & Gas industry median Days Payable is 57.95. Indus Gas' value of 185.47 is 220.1% above this industry median.
How does Indus Gas' Days Payable compare to COP and EOG?
Indus Gas' Days Payable of 185.47 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Indus Gas' value of 185.47 is 220.1% above this benchmark. Historically, Indus Gas' own Days Payable has ranged from 57.19 to 441.98 over the past decade. While the company's 10-year median is 126.45 vs. the industry median of 57.95, Indus Gas 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Indus Gas's current Days Payable of 185.47 is 220.1% 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 Indus Gas and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Gas's current Days Payable is 185.47, which is 47% above median its own 10-year median of 126.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current Days Payable of 185.47. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current Days Payable is 185.47, which is 47% above median its 10-year median of 126.45 and 220.1% above the Oil & Gas industry median of 57.95. 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 Indus Gas (LSE:INDI), the current Days Payable is 185.47 as of Sep. 2025. 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.

Indus Gas Business Description

Industry EnergyOil & Gas
Address Saint Martins House, PO Box 112, Le Bordage, Saint Peter Port, GGY, GY1 4EA
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.