Ashapura Logistics (NSE:ASHALOG) Days Payable: 17.81 (As of Mar. 2025)


NSE:ASHALOG Ashapura Logistics Ltd NSE:ASHALOG
17 GF Score
Price ₹54.70
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What is Ashapura Logistics Days Payable?

Ashapura Logistics NSE:ASHALOG 17 Days Payable is 17.81 as of Mar. 2025. GuruFocus rates NSE:ASHALOG with a GF Score™ of 17/100. Among 964 Transportation companies, Ashapura Logistics ranks worse than 79.25% on this metric.

Ashapura Logistics's average Accounts Payable for the six months ended in Mar. 2025 was ₹113 Mil. Ashapura Logistics's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹1,155 Mil. Hence, Ashapura Logistics's Days Payable for the six months ended in Mar. 2025 was 17.81.

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

NSE:ASHALOG's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.985
* Ranked among companies with meaningful Days Payable only.

Ashapura Logistics's Days Payable declined from Mar. 2024 (22.86) to Mar. 2025 (17.81). It may suggest that Ashapura Logistics accelerated paying its suppliers.

Ashapura Logistics Days Payable Historical Data

* Premium members only.

The historical data trend for Ashapura Logistics'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.

Ashapura Logistics Days Payable Chart

Ashapura Logistics Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
52.79 41.55 31.66 23.02 20.97

Ashapura Logistics Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Days Payable Get a 7-Day Free Trial 0.00 23.20 22.86 24.92 17.81

NSE:ASHALOG vs FDX, UPS, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Ashapura Logistics'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.

Ashapura Logistics Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Ashapura Logistics's Days Payable distribution charts can be found below:

* The bar in red indicates where Ashapura Logistics's Days Payable falls into.


NSE:ASHALOG
17GF Score
Ashapura Logistics Ltd NSE:ASHALOG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashapura Logistics 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.

Ashapura Logistics's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (108.571 + 115.884) / 2 ) / 1953.21*365
=112.2275 / 1953.21*365
=20.97

Ashapura Logistics's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (109.475 + 115.884) / 2 ) / 1154.771*365 / 2
=112.6795 / 1154.771*365 / 2
=17.81

* 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 17.81 mean?
Ashapura Logistics (NSE:ASHALOG) has a Days Payable of 17.81 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ashapura Logistics and its competitors. According to the industry distribution chart, Ashapura Logistics ranks #764 out of 964 companies in the Transportation industry, placing it in the top 79.3%.
Is Ashapura Logistics' Days Payable too high?
Ashapura Logistics' current Days Payable is 17.81. The Transportation industry median Days Payable is 38.99. Ashapura Logistics' value of 17.81 is 54.3% below this industry median. Based on the distribution chart, Ashapura Logistics ranks #764 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Ashapura Logistics has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ashapura Logistics' Days Payable compare to FDX and UPS?
According to the Transportation industry distribution chart, Ashapura Logistics ranks #764 out of 964 companies for Days Payable. This places Ashapura Logistics in the lower half of its industry. The industry median Days Payable is 38.99. Ashapura Logistics' value of 17.81 is 54.3% below this benchmark. 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 Transportation company?
The median Days Payable among Transportation companies is 38.99, based on 964 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. Ashapura Logistics's current Days Payable of 17.81 is 54.3% 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 Ashapura Logistics and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapura Logistics's current Days Payable is 17.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapura Logistics stock overvalued right now?
Ashapura Logistics (NSE:ASHALOG) has a current Days Payable of 17.81. The current Days Payable is 17.81 and 54.3% below the Transportation industry median of 38.99. Ashapura Logistics' overall GF Score™ is 17/100. 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 Ashapura Logistics (NSE:ASHALOG), the current Days Payable is 17.81 as of Mar. 2025. 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.

Ashapura Logistics Business Description

Address S.G. Highway, B-902 Shapath Hexa, Opposite High Court, Sola, Ahmedabad, GJ, IND, 380060
Ashapura Logistics Ltd is an integrated logistics company in India. It operates in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (3PL)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). The transportation business segment generated key revenue for the company.
17GF Score

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