Akme Fintrade (India) (NSE:AFIL) Days Payable: 1.34 (As of Mar. 2026) — 50% Below Median


NSE:AFIL Akme Fintrade (India) Ltd NSE:AFIL
37 GF Score
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What is Akme Fintrade (India) Days Payable?

Akme Fintrade (India) NSE:AFIL -1.42% 37 Days Payable is 1.34 as of Mar. 2026, which is 50% below its 10-year median of 2.66. GuruFocus rates NSE:AFIL with a GF Score™ of 37/100. The stock has 8 warning signs investors should review. Among 301 Credit Services companies, Akme Fintrade (India) ranks worse than 93.02% on this metric.

Akme Fintrade (India)'s average Accounts Payable for the three months ended in Mar. 2026 was ₹3 Mil. Akme Fintrade (India)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹208 Mil. Hence, Akme Fintrade (India)'s Days Payable for the three months ended in Mar. 2026 was 1.34.

The historical rank and industry rank for Akme Fintrade (India)'s Days Payable or its related term are showing as below:

NSE:AFIL' s Days Payable Range Over the Past 10 Years
Min: 1.54   Med: 2.66   Max: 2.78
Current: 1.54

During the past 7 years, Akme Fintrade (India)'s highest Days Payable was 2.78. The lowest was 1.54. And the median was 2.66.

NSE:AFIL's Days Payable is ranked worse than
93.02% of 301 companies
in the Credit Services industry
Industry Median: 33.87 vs NSE:AFIL: 1.54

Akme Fintrade (India)'s Days Payable declined from Mar. 2025 (2.11) to Mar. 2026 (1.34). It may suggest that Akme Fintrade (India) accelerated paying its suppliers.


Akme Fintrade (India) Days Payable Historical Data

* Premium members only.

The historical data trend for Akme Fintrade (India)'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.

Akme Fintrade (India) Days Payable Chart

Akme Fintrade (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 2.45 2.69 2.72 2.24 1.57

Akme Fintrade (India) Quarterly Data
Mar20 Mar21 Mar22 Sep22 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 2.11 1.99 1.57 1.34 1.34

NSE:AFIL vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, Akme Fintrade (India)'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.


Akme Fintrade (India) Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Akme Fintrade (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Akme Fintrade (India)'s Days Payable falls into.


NSE:AFIL
37GF Score
Akme Fintrade (India) Ltd NSE:AFIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Akme Fintrade (India) 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.

Akme Fintrade (India)'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
=( (3.192 + 3.052) / 2 ) / 724.93*365
=3.122 / 724.93*365
=1.57

Akme Fintrade (India)'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 + 3.052) / 1 ) / 207.762*365 / 4
=3.052 / 207.762*365 / 4
=1.34

* 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 1.34 mean?
Akme Fintrade (India) (NSE:AFIL) has a Days Payable of 1.34 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 Akme Fintrade (India) and its competitors. This is 50% below median its historical median of 2.66. Over the past decade, Akme Fintrade (India)'s Days Payable has ranged from 1.54 to 2.78. According to the industry distribution chart, Akme Fintrade (India) ranks #280 out of 301 companies in the Credit Services industry, placing it in the top 93%.
Is Akme Fintrade (India)'s Days Payable too high?
Akme Fintrade (India)'s current Days Payable of 1.34 is 50% below median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 2.78. The Credit Services industry median Days Payable is 33.87. Akme Fintrade (India)'s value of 1.34 is 96% below this industry median. Based on the distribution chart, Akme Fintrade (India) ranks #280 out of 301 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Akme Fintrade (India) has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Akme Fintrade (India)'s Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Akme Fintrade (India) ranks #280 out of 301 companies for Days Payable. This places Akme Fintrade (India) in the lower half of its industry. The industry median Days Payable is 33.87. Akme Fintrade (India)'s value of 1.34 is 96% below this benchmark. Historically, Akme Fintrade (India)'s own Days Payable has ranged from 1.54 to 2.78 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 33.87, Akme Fintrade (India) 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.87, based on 301 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. Akme Fintrade (India)'s current Days Payable of 1.34 is 96% 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 Akme Fintrade (India) and its competitors. For the Credit Services industry, the median Days Payable is 33.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akme Fintrade (India)'s current Days Payable is 1.34, which is 50% below median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akme Fintrade (India) stock overvalued right now?
Akme Fintrade (India) (NSE:AFIL) has a current Days Payable of 1.34. The current Days Payable is 1.34, which is 50% below median its 10-year median of 2.66 and 96% below the Credit Services industry median of 33.87. Akme Fintrade (India)'s overall GF Score™ is 37/100 with 8 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 Akme Fintrade (India) (NSE:AFIL), the current Days Payable is 1.34 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.

Akme Fintrade (India) Business Description

Other Exchanges 544200:India
Address Nathani Road, Office No. 4, Ground Floor, Neelkanth Businesspark, Vidyavihar West, Mumbai, MH, IND, 400086
Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.
37GF Score

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