Adani Total Gas (NSE:ATGL) Days Payable: 47.93 (As of Mar. 2026) — 12% Above Median


NSE:ATGL Adani Total Gas Ltd NSE:ATGL
92 GF Score
Price ₹731.65
GF Value ₹843.69
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Adani Total Gas Days Payable?

Adani Total Gas NSE:ATGL +1.65% 92 Days Payable is 47.93 as of Mar. 2026, which is 12% above its 10-year median of 42.69. GuruFocus rates NSE:ATGL with a GF Score™ of 92/100 and a GF Value™ of ₹843.69 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 483 Utilities - Regulated companies, Adani Total Gas ranks worse than 77.64% on this metric.

Adani Total Gas's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,586 Mil. Adani Total Gas's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹10,635 Mil. Hence, Adani Total Gas's Days Payable for the three months ended in Mar. 2026 was 47.93.

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

NSE:ATGL' s Days Payable Range Over the Past 10 Years
Min: 27.45   Med: 42.69   Max: 61.03
Current: 38.78

During the past 12 years, Adani Total Gas's highest Days Payable was 61.03. The lowest was 27.45. And the median was 42.69.

NSE:ATGL's Days Payable is ranked worse than
77.64% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs NSE:ATGL: 38.78

Adani Total Gas's Days Payable increased from Mar. 2025 (45.45) to Mar. 2026 (47.93). It may suggest that Adani Total Gas delayed paying its suppliers.


Adani Total Gas Days Payable Historical Data

* Premium members only.

The historical data trend for Adani Total Gas'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.

Adani Total Gas Days Payable Chart

Adani Total Gas 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 38.01 38.79 53.03 47.54 43.89

Adani Total Gas 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 45.45 43.98 25.24 24.31 47.93

NSE:ATGL vs ATO, NI, UGI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Adani Total Gas'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.


Adani Total Gas Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's Days Payable distribution charts can be found below:

* The bar in red indicates where Adani Total Gas's Days Payable falls into.


NSE:ATGL
92GF Score
Adani Total Gas Ltd NSE:ATGL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Adani Total Gas 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.

Adani Total Gas'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
=( (4491.8 + 5586.4) / 2 ) / 41909.3*365
=5039.1 / 41909.3*365
=43.89

Adani Total Gas'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 + 5586.4) / 1 ) / 10635.1*365 / 4
=5586.4 / 10635.1*365 / 4
=47.93

* 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 47.93 mean?
Adani Total Gas (NSE:ATGL) has a Days Payable of 47.93 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 Adani Total Gas and its competitors. This is 12% above median its historical median of 42.69. Over the past decade, Adani Total Gas' Days Payable has ranged from 27.45 to 61.03. According to the industry distribution chart, Adani Total Gas ranks #375 out of 483 companies in the Utilities - Regulated industry, placing it in the top 77.6%.
Is Adani Total Gas' Days Payable too high?
Adani Total Gas' current Days Payable of 47.93 is 12% above median its 10-year median of 42.69. Over the past 10 years, this metric has ranged from a low of 27.45 to a high of 61.03. The Utilities - Regulated industry median Days Payable is 70.35. Adani Total Gas' value of 47.93 is 31.9% below this industry median. Based on the distribution chart, Adani Total Gas ranks #375 out of 483 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Adani Total Gas has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adani Total Gas' Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Adani Total Gas ranks #375 out of 483 companies for Days Payable. This places Adani Total Gas in the lower half of its industry. The industry median Days Payable is 70.35. Adani Total Gas' value of 47.93 is 31.9% below this benchmark. Historically, Adani Total Gas' own Days Payable has ranged from 27.45 to 61.03 over the past decade. While the company's 10-year median is 42.69 vs. the industry median of 70.35, Adani Total Gas 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Adani Total Gas's current Days Payable of 47.93 is 31.9% 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 Adani Total Gas and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Total Gas's current Days Payable is 47.93, which is 12% above median its own 10-year median of 42.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Total Gas stock overvalued right now?
Based on GuruFocus' analysis, Adani Total Gas (NSE:ATGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹843.69, compared to a current price of ₹731.65 — trading 13.3% below its estimated fair value. The current Days Payable is 47.93, which is 12% above median its 10-year median of 42.69 and 31.9% below the Utilities - Regulated industry median of 70.35. Adani Total Gas' overall GF Score™ is 92/100 with 8 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 Adani Total Gas (NSE:ATGL), the current Days Payable is 47.93 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 Adani Total Gas (NSE:ATGL) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Total Gas stock appears to be undervalued. The current stock price of ₹731.65 is trading 13.3% below its estimated GF Value™ of ₹843.69. GuruFocus considers Adani Total Gas to be Modestly Undervalued.

Key valuation signals for NSE:ATGL:

  • Days Payable: 47.93 (12% above median its 10-year median of 42.69)
  • GF Value™: ₹843.69 vs. price of ₹731.65 (13.3% below fair value)
  • GF Score™: 92/100 with 8 warning signs
  • Industry Position: 31.9% below the Utilities - Regulated median (#375 of 483)

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


Adani Total Gas Business Description

Other Exchanges 542066:India
Address S. G. Highway, Near Vaishno Devi Circle, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Total Gas Ltd is engaged in the City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial, and vehicle users. The company is exploring doing business in bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment, and provision of value-added services relating to CGD business. It is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential), and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable, and environmentally friendly fuel that allows consumers to enjoy a high level of safety, convenience, and economic efficiency. The Group has a single operating segment that is the sale of Natural Gas.
92GF Score

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

₹731.65
Price
₹843.69
GF Value