Ashima (NSE:ASHIMASYN) Days Payable: 187.50 (As of Mar. 2026) — 103% Above Median


NSE:ASHIMASYN Ashima Ltd NSE:ASHIMASYN
44 GF Score
Price ₹14.83
GF Value ₹3.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ashima Days Payable?

Ashima NSE:ASHIMASYN -2.43% 44 Days Payable is 187.50 as of Mar. 2026, which is 103% above its 10-year median of 92.14. GuruFocus rates NSE:ASHIMASYN with a GF Score™ of 44/100 and a GF Value™ of ₹3.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,573 Real Estate companies, Ashima ranks better than 91.23% on this metric.

Ashima's average Accounts Payable for the three months ended in Mar. 2026 was ₹86.3 Mil. Ashima's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹42.0 Mil. Hence, Ashima's Days Payable for the three months ended in Mar. 2026 was 187.50.

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

NSE:ASHIMASYN' s Days Payable Range Over the Past 10 Years
Min: 78.67   Med: 92.14   Max: 1457.99
Current: 773.04

During the past 13 years, Ashima's highest Days Payable was 1457.99. The lowest was 78.67. And the median was 92.14.

NSE:ASHIMASYN's Days Payable is ranked better than
91.23% of 1573 companies
in the Real Estate industry
Industry Median: 94.03 vs NSE:ASHIMASYN: 773.04

Ashima's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (187.50). It may suggest that Ashima delayed paying its suppliers.


Ashima Days Payable Historical Data

* Premium members only.

The historical data trend for Ashima'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.

Ashima Days Payable Chart

Ashima 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 96.97 83.19 1,457.99 0.00 875.00

Ashima 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 0.00 0.00 0.00 0.00 187.50

Ashima Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Ashima'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.


Ashima Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ashima's Days Payable distribution charts can be found below:

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


NSE:ASHIMASYN
44GF Score
Ashima Ltd NSE:ASHIMASYN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashima 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.

Ashima'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
=( (53.7 + 86.3) / 2 ) / 29.2*365
=70 / 29.2*365
=875.00

Ashima'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 + 86.3) / 1 ) / 42*365 / 4
=86.3 / 42*365 / 4
=187.50

* 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 187.50 mean?
Ashima (NSE:ASHIMASYN) has a Days Payable of 187.50 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 Ashima and its competitors. This is 103% above median its historical median of 92.14. Over the past decade, Ashima's Days Payable has ranged from 78.67 to 1,457.99. According to the industry distribution chart, Ashima ranks #138 out of 1573 companies in the Real Estate industry, placing it in the top 8.8%.
Is Ashima's Days Payable too high?
Ashima's current Days Payable of 187.50 is 103% above median its 10-year median of 92.14. Over the past 10 years, this metric has ranged from a low of 78.67 to a high of 1,457.99. The Real Estate industry median Days Payable is 94.03. Ashima's value of 187.50 is 99.4% above this industry median. Based on the distribution chart, Ashima ranks #138 out of 1573 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Ashima has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashima's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Ashima ranks #138 out of 1573 companies for Days Payable. This places Ashima in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.03. Ashima's value of 187.50 is 99.4% above this benchmark. Historically, Ashima's own Days Payable has ranged from 78.67 to 1,457.99 over the past decade. While the company's 10-year median is 92.14 vs. the industry median of 94.03, Ashima 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,573 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. Ashima's current Days Payable of 187.50 is 99.4% 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 Ashima and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashima's current Days Payable is 187.50, which is 103% above median its own 10-year median of 92.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashima stock overvalued right now?
Based on GuruFocus' analysis, Ashima (NSE:ASHIMASYN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.46, compared to a current price of ₹14.83 — trading 328.6% above its estimated fair value. The current Days Payable is 187.50, which is 103% above median its 10-year median of 92.14 and 99.4% above the Real Estate industry median of 94.03. Ashima's overall GF Score™ is 44/100 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 Ashima (NSE:ASHIMASYN), the current Days Payable is 187.50 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 Ashima (NSE:ASHIMASYN) Overvalued in 2026?

Based on GuruFocus' analysis, Ashima stock appears to be overvalued. The current stock price of ₹14.83 is trading 328.6% above its estimated GF Value™ of ₹3.46. GuruFocus considers Ashima to be Significantly Overvalued.

Key valuation signals for NSE:ASHIMASYN:

  • Days Payable: 187.50 (103% above median its 10-year median of 92.14)
  • GF Value™: ₹3.46 vs. price of ₹14.83 (328.6% above fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 99.4% above the Real Estate median (#138 of 1573)

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


Ashima Business Description

Other Exchanges 514286:India
Address Texcellence Complex, Near Anupam Cinema, Khokhara Mehmedabad, Ahmedabad, GJ, IND, 380021
Ashima Ltd is engaged in the real estate business and has a subsidiary that is involved in portfolio management activities. The company has two real estate projects in its portfolio: the Swan Lake, which is a plotted development project near Ahmedabad, and a real estate development project of luxurious residential apartments, in the name of The Sovereign, at Thaltej, Ahmedabad, Gujarat. The company's reportable segments are Real Estate, Investment, and Others. Maximum revenue is generated from its Real Estate segment. Geographically, the company operates only in India.
44GF Score

Get the complete analysis for NSE:ASHIMASYN

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

₹14.83
Price
₹3.46
GF Value