MAHMF (Mahindra & Mahindra) Days Payable: 100.70 (As of Mar. 2026) — 10% Below Median


MAHMF Mahindra & Mahindra Ltd MAHMF
78 GF Score
Price $33.00
GF Value $40.39
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mahindra & Mahindra Days Payable?

Mahindra & Mahindra MAHMF 78 Days Payable is 100.70 as of Mar. 2026, which is 10% below its 10-year median of 111.48. GuruFocus rates MAHMF with a GF Score™ of 78/100 and a GF Value™ of $40.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Mahindra & Mahindra ranks better than 69.84% on this metric.

Mahindra & Mahindra's average Accounts Payable for the three months ended in Mar. 2026 was $4,082 Mil. Mahindra & Mahindra's Cost of Goods Sold for the three months ended in Mar. 2026 was $3,699 Mil. Hence, Mahindra & Mahindra's Days Payable for the three months ended in Mar. 2026 was 100.70.

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

MAHMF' s Days Payable Range Over the Past 10 Years
Min: 102.06   Med: 111.48   Max: 171.13
Current: 102.31

During the past 13 years, Mahindra & Mahindra's highest Days Payable was 171.13. The lowest was 102.06. And the median was 111.48.

MAHMF's Days Payable is ranked better than
69.84% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs MAHMF: 102.31

Mahindra & Mahindra's Days Payable declined from Mar. 2025 (109.26) to Mar. 2026 (100.70). It may suggest that Mahindra & Mahindra accelerated paying its suppliers.


Mahindra & Mahindra Days Payable Historical Data

* Premium members only.

The historical data trend for Mahindra & Mahindra'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.

Mahindra & Mahindra Days Payable Chart

Mahindra & Mahindra 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 123.43 108.53 107.76 109.80 105.40

Mahindra & Mahindra 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 109.26 98.63 112.39 100.18 100.70

MAHMF vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Mahindra & Mahindra'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.


Mahindra & Mahindra Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Mahindra & Mahindra's Days Payable falls into.


MAHMF
78GF Score
Mahindra & Mahindra Ltd MAHMF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahindra & Mahindra 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.

Mahindra & Mahindra'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
=( (3566.204 + 4082.03) / 2 ) / 13243.349*365
=3824.117 / 13243.349*365
=105.40

Mahindra & Mahindra'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 + 4082.03) / 1 ) / 3698.779*365 / 4
=4082.03 / 3698.779*365 / 4
=100.70

* 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 100.70 mean?
Mahindra & Mahindra (MAHMF) has a Days Payable of 100.70 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 Mahindra & Mahindra and its competitors. This is 10% below median its historical median of 111.48. Over the past decade, Mahindra & Mahindra's Days Payable has ranged from 102.06 to 171.13. According to the industry distribution chart, Mahindra & Mahindra ranks #396 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 30.2%.
Is Mahindra & Mahindra's Days Payable too high?
Mahindra & Mahindra's current Days Payable of 100.70 is 10% below median its 10-year median of 111.48. Over the past 10 years, this metric has ranged from a low of 102.06 to a high of 171.13. The Vehicles & Parts industry median Days Payable is 67.12. Mahindra & Mahindra's value of 100.70 is 50% above this industry median. Based on the distribution chart, Mahindra & Mahindra ranks #396 out of 1313 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Mahindra & Mahindra has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mahindra & Mahindra's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mahindra & Mahindra ranks #396 out of 1313 companies for Days Payable. This puts Mahindra & Mahindra in the upper half of its industry. The industry median Days Payable is 67.12. Mahindra & Mahindra's value of 100.70 is 50% above this benchmark. Historically, Mahindra & Mahindra's own Days Payable has ranged from 102.06 to 171.13 over the past decade. While the company's 10-year median is 111.48 vs. the industry median of 67.12, Mahindra & Mahindra 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 67.12, based on 1,313 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. Mahindra & Mahindra's current Days Payable of 100.70 is 50% 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 Mahindra & Mahindra and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahindra & Mahindra's current Days Payable is 100.70, which is 10% below median its own 10-year median of 111.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahindra & Mahindra stock overvalued right now?
Based on GuruFocus' analysis, Mahindra & Mahindra (MAHMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $40.39, compared to a current price of $33.00 — trading 18.3% below its estimated fair value. The current Days Payable is 100.70, which is 10% below median its 10-year median of 111.48 and 50% above the Vehicles & Parts industry median of 67.12. Mahindra & Mahindra's overall GF Score™ is 78/100 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 Mahindra & Mahindra (MAHMF), the current Days Payable is 100.70 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 Mahindra & Mahindra (MAHMF) Overvalued in 2026?

Based on GuruFocus' analysis, Mahindra & Mahindra stock appears to be undervalued. The current stock price of $33.00 is trading 18.3% below its estimated GF Value™ of $40.39. GuruFocus considers Mahindra & Mahindra to be Modestly Undervalued.

Key valuation signals for MAHMF:

  • Days Payable: 100.70 (10% below median its 10-year median of 111.48)
  • GF Value™: $40.39 vs. price of $33.00 (18.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 50% above the Vehicles & Parts median (#396 of 1313)

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


Mahindra & Mahindra Business Description

Address Dr. G. M. Bhosale Marg, Mahindra Towers, 2nd Floor, Worli, Mumbai, MH, IND, 400018
Mahindra & Mahindra Ltd is a holding company. The company's segment includes Automotive; Farm Equipment and Services. It generates maximum revenue from the Automotive segment. The Automotive segment comprises the sale of automobiles, spares, mobility solutions, construction equipment, and related services. Geographically, it derives a majority of its revenue from India.
78GF Score

Get the complete analysis for MAHMF

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

$33.00
Price
$40.39
GF Value