Apex Frozen Foods (NSE:APEX) Days Payable: 23.72 (As of Mar. 2026) — 67% Above Median


NSE:APEX Apex Frozen Foods Ltd NSE:APEX
66 GF Score
Price ₹407.80
GF Value ₹258.76
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Apex Frozen Foods Days Payable?

Apex Frozen Foods NSE:APEX -0.97% 66 Days Payable is 23.72 as of Mar. 2026, which is 67% above its 10-year median of 14.23. GuruFocus rates NSE:APEX with a GF Score™ of 66/100 and a GF Value™ of ₹258.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,882 Consumer Packaged Goods companies, Apex Frozen Foods ranks worse than 88.04% on this metric.

Apex Frozen Foods's average Accounts Payable for the three months ended in Mar. 2026 was ₹292 Mil. Apex Frozen Foods's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,123 Mil. Hence, Apex Frozen Foods's Days Payable for the three months ended in Mar. 2026 was 23.72.

The historical rank and industry rank for Apex Frozen Foods's Days Payable or its related term are showing as below:

NSE:APEX' s Days Payable Range Over the Past 10 Years
Min: 8.42   Med: 14.23   Max: 21.5
Current: 17.05

During the past 13 years, Apex Frozen Foods's highest Days Payable was 21.50. The lowest was 8.42. And the median was 14.23.

NSE:APEX's Days Payable is ranked worse than
88.04% of 1882 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs NSE:APEX: 17.05

Apex Frozen Foods's Days Payable increased from Mar. 2025 (16.96) to Mar. 2026 (23.72). It may suggest that Apex Frozen Foods delayed paying its suppliers.


Apex Frozen Foods Days Payable Historical Data

* Premium members only.

The historical data trend for Apex Frozen Foods'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.

Apex Frozen Foods Days Payable Chart

Apex Frozen Foods 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 14.16 8.42 9.60 12.65 17.07

Apex Frozen Foods 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 16.96 13.63 16.81 16.22 23.72

NSE:APEX vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Apex Frozen Foods'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.


Apex Frozen Foods Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apex Frozen Foods's Days Payable distribution charts can be found below:

* The bar in red indicates where Apex Frozen Foods's Days Payable falls into.


NSE:APEX
66GF Score
Apex Frozen Foods Ltd NSE:APEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex Frozen Foods 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.

Apex Frozen Foods'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
=( (258.77 + 291.88) / 2 ) / 5885.678*365
=275.325 / 5885.678*365
=17.07

Apex Frozen Foods'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 + 291.88) / 1 ) / 1123.026*365 / 4
=291.88 / 1123.026*365 / 4
=23.72

* 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 23.72 mean?
Apex Frozen Foods (NSE:APEX) has a Days Payable of 23.72 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 Apex Frozen Foods and its competitors. This is 67% above median its historical median of 14.23. Over the past decade, Apex Frozen Foods' Days Payable has ranged from 8.42 to 21.50. According to the industry distribution chart, Apex Frozen Foods ranks #1657 out of 1882 companies in the Consumer Packaged Goods industry, placing it in the top 88%.
Is Apex Frozen Foods' Days Payable too high?
Apex Frozen Foods' current Days Payable of 23.72 is 67% above median its 10-year median of 14.23. Over the past 10 years, this metric has ranged from a low of 8.42 to a high of 21.50. The Consumer Packaged Goods industry median Days Payable is 44.15. Apex Frozen Foods' value of 23.72 is 46.3% below this industry median. Based on the distribution chart, Apex Frozen Foods ranks #1657 out of 1882 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Apex Frozen Foods has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Frozen Foods' Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Apex Frozen Foods ranks #1657 out of 1882 companies for Days Payable. This places Apex Frozen Foods in the lower half of its industry. The industry median Days Payable is 44.15. Apex Frozen Foods' value of 23.72 is 46.3% below this benchmark. Historically, Apex Frozen Foods' own Days Payable has ranged from 8.42 to 21.50 over the past decade. While the company's 10-year median is 14.23 vs. the industry median of 44.15, Apex Frozen Foods 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,882 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. Apex Frozen Foods's current Days Payable of 23.72 is 46.3% 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 Apex Frozen Foods and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Frozen Foods's current Days Payable is 23.72, which is 67% above median its own 10-year median of 14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Frozen Foods stock overvalued right now?
Based on GuruFocus' analysis, Apex Frozen Foods (NSE:APEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹258.76, compared to a current price of ₹407.80 — trading 57.6% above its estimated fair value. The current Days Payable is 23.72, which is 67% above median its 10-year median of 14.23 and 46.3% below the Consumer Packaged Goods industry median of 44.15. Apex Frozen Foods' overall GF Score™ is 66/100 with 4 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 Apex Frozen Foods (NSE:APEX), the current Days Payable is 23.72 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 Apex Frozen Foods (NSE:APEX) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Frozen Foods stock appears to be overvalued. The current stock price of ₹407.80 is trading 57.6% above its estimated GF Value™ of ₹258.76. GuruFocus considers Apex Frozen Foods to be Significantly Overvalued.

Key valuation signals for NSE:APEX:

  • Days Payable: 23.72 (67% above median its 10-year median of 14.23)
  • GF Value™: ₹258.76 vs. price of ₹407.80 (57.6% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 46.3% below the Consumer Packaged Goods median (#1657 of 1882)

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


Apex Frozen Foods Business Description

Other Exchanges 540692:India
Address 3-160, Panasapadu, East Godavari District, Kakinada, AP, IND, 533005
Apex Frozen Foods Ltd is a producer and exporter of shelf-stable quality aquaculture products. The company supplies ready-to-cook products to food companies, retail chains, restaurants, club stores, and distributors spread across the developed markets of the USA and various European countries. It produces two kinds of shrimps, namely the Whiteleg Shrimp (Litopenaeus Vannamei) and the Black Tiger Shrimp (Penaeus Monodon), which are sold under the brands owned by the company and its customers, namely Bay Fresh, Bay Harvest, and Bay Premium.
66GF Score

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

₹407.80
Price
₹258.76
GF Value