Apollo Tyres (NSE:APOLLOTYRE) Days Payable: 69.69 (As of Jun. 2026) — 14% Below Median

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NSE:APOLLOTYRE Apollo Tyres Ltd NSE:APOLLOTYRE
86 GF Score
Price ₹444.10
GF Value ₹546.90
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Apollo Tyres Days Payable?

Apollo Tyres NSE:APOLLOTYRE +0.24% 86 Days Payable is 69.69 as of Jun. 2026, which is 14% below its 10-year median of 80.66. GuruFocus rates NSE:APOLLOTYRE with a GF Score™ of 86/100 and a GF Value™ of ₹546.90 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Apollo Tyres ranks better than 50.95% on this metric.

Apollo Tyres's average Accounts Payable for the three months ended in Jun. 2026 was ₹32,243 Mil. Apollo Tyres's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹42,221 Mil. Hence, Apollo Tyres's Days Payable for the three months ended in Jun. 2026 was 69.69.

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

NSE:APOLLOTYRE' s Days Payable Range Over the Past 10 Years
Min: 63.62   Med: 80.66   Max: 98.17
Current: 67.6

During the past 13 years, Apollo Tyres's highest Days Payable was 98.17. The lowest was 63.62. And the median was 80.66.

NSE:APOLLOTYRE's Days Payable is ranked better than
50.95% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 66.49 vs NSE:APOLLOTYRE: 67.60

Apollo Tyres's Days Payable declined from Jun. 2025 (71.50) to Jun. 2026 (69.69). It may suggest that Apollo Tyres accelerated paying its suppliers.


Apollo Tyres Days Payable Historical Data

* Premium members only.

The historical data trend for Apollo Tyres'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.

Apollo Tyres Days Payable Chart

Apollo Tyres 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 92.37 85.52 80.97 68.91 70.88

Apollo Tyres Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 71.50 69.65 61.08 75.64 69.69

NSE:APOLLOTYRE vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Apollo Tyres'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.


Apollo Tyres Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Apollo Tyres's Days Payable falls into.


NSE:APOLLOTYRE
86GF Score
Apollo Tyres Ltd NSE:APOLLOTYRE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Apollo Tyres 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.

Apollo Tyres'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
=( (28744.43 + 32242.93) / 2 ) / 157032.22*365
=30493.68 / 157032.22*365
=70.88

Apollo Tyres's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (32242.93 + 0) / 1 ) / 42220.88*365 / 4
=32242.93 / 42220.88*365 / 4
=69.69

* 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 69.69 mean?
Apollo Tyres (NSE:APOLLOTYRE) has a Days Payable of 69.69 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Apollo Tyres and its competitors. This is 14% below median its historical median of 80.66. Over the past decade, Apollo Tyres' Days Payable has ranged from 63.62 to 98.17. According to the industry distribution chart, Apollo Tyres ranks #642 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 49%.
Is Apollo Tyres' Days Payable too high?
Apollo Tyres' current Days Payable of 69.69 is 14% below median its 10-year median of 80.66. Over the past 10 years, this metric has ranged from a low of 63.62 to a high of 98.17. The Vehicles & Parts industry median Days Payable is 66.49. Apollo Tyres' value of 69.69 is 4.8% above this industry median. Based on the distribution chart, Apollo Tyres ranks #642 out of 1309 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Apollo Tyres has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Tyres' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Apollo Tyres ranks #642 out of 1309 companies for Days Payable. This puts Apollo Tyres in the upper half of its industry. The industry median Days Payable is 66.49. Apollo Tyres' value of 69.69 is 4.8% above this benchmark. Historically, Apollo Tyres' own Days Payable has ranged from 63.62 to 98.17 over the past decade. While the company's 10-year median is 80.66 vs. the industry median of 66.49, Apollo Tyres 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 66.49, based on 1,309 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. Apollo Tyres's current Days Payable of 69.69 is 4.8% 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 Apollo Tyres and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Tyres's current Days Payable is 69.69, which is 14% below median its own 10-year median of 80.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Tyres stock overvalued right now?
Based on GuruFocus' analysis, Apollo Tyres (NSE:APOLLOTYRE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹546.90, compared to a current price of ₹444.10 — trading 18.8% below its estimated fair value. The current Days Payable is 69.69, which is 14% below median its 10-year median of 80.66 and 4.8% above the Vehicles & Parts industry median of 66.49. Apollo Tyres' overall GF Score™ is 86/100 with 2 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 Apollo Tyres (NSE:APOLLOTYRE), the current Days Payable is 69.69 as of Jun. 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 Apollo Tyres (NSE:APOLLOTYRE) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Tyres stock appears to be undervalued. The current stock price of ₹444.10 is trading 18.8% below its estimated GF Value™ of ₹546.90. GuruFocus considers Apollo Tyres to be Modestly Undervalued.

Key valuation signals for NSE:APOLLOTYRE:

  • Days Payable: 69.69 (14% below median its 10-year median of 80.66)
  • GF Value™: ₹546.90 vs. price of ₹444.10 (18.8% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 4.8% above the Vehicles & Parts median (#642 of 1309)

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


Apollo Tyres Business Description

Other Exchanges 500877:India
Address 7 Institutional Area, Apollo House, Sector 32, Gurugram, HR, IND, 122001
Apollo Tyres Ltd manufactures and sells tires. The company's geographical segments are the Asia Pacific, the Middle East, Africa (APMEA), Europe, and Others. The firm's two key brands are Apollo and Vredestein. The product portfolio comprises tires for Passenger, Commercial, Off-highway vehicles, and Two-wheelers.
86GF Score

Get the complete analysis for NSE:APOLLOTYRE

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

₹444.10
Price
₹546.90
GF Value