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Ajax EngineeringNSE:AJAXENGG -0.67%21 Days Payable is 39.85 as of Mar. 2026, which is 23% below its 10-year median of 52.06. GuruFocus rates NSE:AJAXENGG with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 209 Farm & Heavy Construction Machinery companies, Ajax Engineering ranks worse than 75.6% on this metric.
The historical rank and industry rank for Ajax Engineering's Days Payable or its related term are showing as below:
NSE:AJAXENGG'
s Days Payable Range Over the Past 10 Years
Min: 38.46 Med: 52.06 Max: 54.36
Current: 45.35
During the past 5 years, Ajax Engineering's highest Days Payable was 54.36. The lowest was 38.46. And the median was 52.06.
NSE:AJAXENGG's Days Payable is ranked worse than 75.6% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.13
vs NSE:AJAXENGG: 45.35
Ajax Engineering's Days Payable
increased
from Mar. 2025 (35.39) to Mar. 2026 (39.85).
It may suggest that Ajax Engineeringdelayed paying its suppliers.
Ajax Engineering Days Payable Related Terms
Ajax Engineering Days Payable Historical Data
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The historical data trend for Ajax Engineering'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.
NSE:AJAXENGG vs CAT, DE, PCAR: Days Payable Comparison
For the Farm & Heavy Construction Machinery subindustry, Ajax Engineering'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.
Ajax Engineering Days Payable vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ajax Engineering's Days Payable distribution charts can be found below:
* The bar in red indicates where Ajax Engineering's Days Payable falls into.
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.
Ajax Engineering's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Ajax Engineering (NSE:AJAXENGG) has a Days Payable of 39.85 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 Ajax Engineering and its competitors. This is 23% below median its historical median of 52.06. Over the past decade, Ajax Engineering's Days Payable has ranged from 38.46 to 54.36. According to the industry distribution chart, Ajax Engineering ranks #158 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 75.6%.
Is Ajax Engineering's Days Payable too high?
Ajax Engineering's current Days Payable of 39.85 is 23% below median its 10-year median of 52.06. Over the past 10 years, this metric has ranged from a low of 38.46 to a high of 54.36. The Farm & Heavy Construction Machinery industry median Days Payable is 68.13. Ajax Engineering's value of 39.85 is 41.5% below this industry median. Based on the distribution chart, Ajax Engineering ranks #158 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Ajax Engineering has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Ajax Engineering's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ajax Engineering ranks #158 out of 209 companies for Days Payable. This places Ajax Engineering in the lower half of its industry. The industry median Days Payable is 68.13. Ajax Engineering's value of 39.85 is 41.5% below this benchmark. Historically, Ajax Engineering's own Days Payable has ranged from 38.46 to 54.36 over the past decade. While the company's 10-year median is 52.06 vs. the industry median of 68.13, Ajax Engineering 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.13, based on 209 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. Ajax Engineering's current Days Payable of 39.85 is 41.5% 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 Ajax Engineering and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajax Engineering's current Days Payable is 39.85, which is 23% below median its own 10-year median of 52.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajax Engineering stock overvalued right now?
Ajax Engineering (NSE:AJAXENGG) has a current Days Payable of 39.85. The current Days Payable is 39.85, which is 23% below median its 10-year median of 52.06 and 41.5% below the Farm & Heavy Construction Machinery industry median of 68.13. Ajax Engineering's overall GF Score™ is 21/100 with 1 warning sign 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 Ajax Engineering (NSE:AJAXENGG), the current Days Payable is 39.85 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.
Ajax Engineering Ltd concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutions across the concrete application value chain.
21GF Score
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