Avro India (NSE:AVROIND) Days Payable: 41.49 (As of Mar. 2026) — 23% Above Median


NSE:AVROIND Avro India Ltd NSE:AVROIND
76 GF Score
Price ₹10.59
GF Value ₹12.60
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Avro India Days Payable?

Avro India NSE:AVROIND +4.13% 76 Days Payable is 41.49 as of Mar. 2026, which is 23% above its 10-year median of 33.60. GuruFocus rates NSE:AVROIND with a GF Score™ of 76/100 and a GF Value™ of ₹12.60 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, Avro India ranks worse than 63.29% on this metric.

Avro India's average Accounts Payable for the three months ended in Mar. 2026 was ₹81.5 Mil. Avro India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹179.2 Mil. Hence, Avro India's Days Payable for the three months ended in Mar. 2026 was 41.49.

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

NSE:AVROIND' s Days Payable Range Over the Past 10 Years
Min: 20.41   Med: 33.6   Max: 61.51
Current: 53.04

During the past 13 years, Avro India's highest Days Payable was 61.51. The lowest was 20.41. And the median was 33.60.

NSE:AVROIND's Days Payable is ranked worse than
63.29% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.24 vs NSE:AVROIND: 53.04

Avro India's Days Payable increased from Mar. 2025 (38.11) to Mar. 2026 (41.49). It may suggest that Avro India delayed paying its suppliers.


Avro India Days Payable Historical Data

* Premium members only.

The historical data trend for Avro India'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.

Avro India Days Payable Chart

Avro India 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 33.97 30.90 24.51 47.05 49.91

Avro India 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 38.11 56.68 67.67 55.94 41.49

NSE:AVROIND vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Avro India'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.


Avro India Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Avro India's Days Payable distribution charts can be found below:

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


NSE:AVROIND
76GF Score
Avro India Ltd NSE:AVROIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Avro India 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.

Avro India'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
=( (88.506 + 81.485) / 2 ) / 621.528*365
=84.9955 / 621.528*365
=49.91

Avro India'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 + 81.485) / 1 ) / 179.217*365 / 4
=81.485 / 179.217*365 / 4
=41.49

* 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 41.49 mean?
Avro India (NSE:AVROIND) has a Days Payable of 41.49 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 Avro India and its competitors. This is 23% above median its historical median of 33.60. Over the past decade, Avro India's Days Payable has ranged from 20.41 to 61.51. According to the industry distribution chart, Avro India ranks #262 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 63.3%.
Is Avro India's Days Payable too high?
Avro India's current Days Payable of 41.49 is 23% above median its 10-year median of 33.60. Over the past 10 years, this metric has ranged from a low of 20.41 to a high of 61.51. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.24. Avro India's value of 41.49 is 35.4% below this industry median. Based on the distribution chart, Avro India ranks #262 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Avro India has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avro India's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Avro India ranks #262 out of 414 companies for Days Payable. This places Avro India in the lower half of its industry. The industry median Days Payable is 64.24. Avro India's value of 41.49 is 35.4% below this benchmark. Historically, Avro India's own Days Payable has ranged from 20.41 to 61.51 over the past decade. While the company's 10-year median is 33.60 vs. the industry median of 64.24, Avro India 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.24, based on 414 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. Avro India's current Days Payable of 41.49 is 35.4% 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 Avro India and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avro India's current Days Payable is 41.49, which is 23% above median its own 10-year median of 33.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avro India stock overvalued right now?
Based on GuruFocus' analysis, Avro India (NSE:AVROIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹12.60, compared to a current price of ₹10.59 — trading 16% below its estimated fair value. The current Days Payable is 41.49, which is 23% above median its 10-year median of 33.60 and 35.4% below the Furnishings, Fixtures & Appliances industry median of 64.24. Avro India's overall GF Score™ is 76/100 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 Avro India (NSE:AVROIND), the current Days Payable is 41.49 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 Avro India (NSE:AVROIND) Overvalued in 2026?

Based on GuruFocus' analysis, Avro India stock appears to be undervalued. The current stock price of ₹10.59 is trading 16% below its estimated GF Value™ of ₹12.60. GuruFocus considers Avro India to be Modestly Undervalued.

Key valuation signals for NSE:AVROIND:

  • Days Payable: 41.49 (23% above median its 10-year median of 33.60)
  • GF Value™: ₹12.60 vs. price of ₹10.59 (16% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 35.4% below the Furnishings, Fixtures & Appliances median (#262 of 414)

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


Avro India Business Description

Other Exchanges 543512:India
Address South of G. T. Road, A-7/36-39, Industrial Area, Electrosteel Casting Compound, Ghaziabad, UP, IND, 201009
Avro India Ltd is engaged in manufacturing and selling plastic molded furniture and granules. The firm manufactures products under the brand name Avon and Avro Furniture. The product portfolio of the company includes molded chairs, molded stools, molded tables, molded bay chairs, and baby desks. The products are sold in U.P, Punjab, Haryana, Delhi, Rajasthan, and across north India. Its products are used in Auditoriums, Schools, Colleges, Restaurants, Hotels, Homes, Gardens and others.
76GF Score

Get the complete analysis for NSE:AVROIND

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

₹10.59
Price
₹12.60
GF Value