Bharat Forge (NSE:BHARATFORG) Days Payable: 127.04 (As of Mar. 2026) — 31% Above Median


NSE:BHARATFORG Bharat Forge Ltd NSE:BHARATFORG
83 GF Score
Price ₹2,117.00
GF Value ₹1,465.56
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bharat Forge Days Payable?

Bharat Forge NSE:BHARATFORG -0.64% 83 Days Payable is 127.04 as of Mar. 2026, which is 31% above its 10-year median of 97.06. GuruFocus rates NSE:BHARATFORG with a GF Score™ of 83/100 and a GF Value™ of ₹1,465.56 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Bharat Forge ranks better than 78.48% on this metric.

Bharat Forge's average Accounts Payable for the three months ended in Mar. 2026 was ₹29,957 Mil. Bharat Forge's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹21,518 Mil. Hence, Bharat Forge's Days Payable for the three months ended in Mar. 2026 was 127.04.

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

NSE:BHARATFORG' s Days Payable Range Over the Past 10 Years
Min: 86.89   Med: 97.06   Max: 129.9
Current: 129.9

During the past 13 years, Bharat Forge's highest Days Payable was 129.90. The lowest was 86.89. And the median was 97.06.

NSE:BHARATFORG's Days Payable is ranked better than
78.48% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs NSE:BHARATFORG: 129.90

Bharat Forge's Days Payable increased from Mar. 2025 (124.12) to Mar. 2026 (127.04). It may suggest that Bharat Forge delayed paying its suppliers.


Bharat Forge Days Payable Historical Data

* Premium members only.

The historical data trend for Bharat Forge'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.

Bharat Forge Days Payable Chart

Bharat Forge 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 101.25 99.39 94.73 127.48 128.40

Bharat Forge 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 124.12 126.11 142.67 127.73 127.04

NSE:BHARATFORG vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Bharat Forge'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.


Bharat Forge Days Payable vs Vehicles & Parts Industry

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

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


NSE:BHARATFORG
83GF Score
Bharat Forge Ltd NSE:BHARATFORG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Forge 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.

Bharat Forge'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
=( (23442.12 + 29956.61) / 2 ) / 75895.81*365
=26699.365 / 75895.81*365
=128.40

Bharat Forge'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 + 29956.61) / 1 ) / 21517.53*365 / 4
=29956.61 / 21517.53*365 / 4
=127.04

* 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 127.04 mean?
Bharat Forge (NSE:BHARATFORG) has a Days Payable of 127.04 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 Bharat Forge and its competitors. This is 31% above median its historical median of 97.06. Over the past decade, Bharat Forge's Days Payable has ranged from 86.89 to 129.90. According to the industry distribution chart, Bharat Forge ranks #281 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 21.5%.
Is Bharat Forge's Days Payable too high?
Bharat Forge's current Days Payable of 127.04 is 31% above median its 10-year median of 97.06. Over the past 10 years, this metric has ranged from a low of 86.89 to a high of 129.90. The Vehicles & Parts industry median Days Payable is 67.14. Bharat Forge's value of 127.04 is 89.2% above this industry median. Based on the distribution chart, Bharat Forge ranks #281 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Bharat Forge has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Forge's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bharat Forge ranks #281 out of 1306 companies for Days Payable. This places Bharat Forge in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.14. Bharat Forge's value of 127.04 is 89.2% above this benchmark. Historically, Bharat Forge's own Days Payable has ranged from 86.89 to 129.90 over the past decade. While the company's 10-year median is 97.06 vs. the industry median of 67.14, Bharat Forge 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 67.14, based on 1,306 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. Bharat Forge's current Days Payable of 127.04 is 89.2% 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 Bharat Forge and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Forge's current Days Payable is 127.04, which is 31% above median its own 10-year median of 97.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Forge stock overvalued right now?
Based on GuruFocus' analysis, Bharat Forge (NSE:BHARATFORG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,465.56, compared to a current price of ₹2,117.00 — trading 44.4% above its estimated fair value. The current Days Payable is 127.04, which is 31% above median its 10-year median of 97.06 and 89.2% above the Vehicles & Parts industry median of 67.14. Bharat Forge's overall GF Score™ is 83/100 with 7 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 Bharat Forge (NSE:BHARATFORG), the current Days Payable is 127.04 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 Bharat Forge (NSE:BHARATFORG) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Forge stock appears to be overvalued. The current stock price of ₹2,117.00 is trading 44.4% above its estimated GF Value™ of ₹1,465.56. GuruFocus considers Bharat Forge to be Significantly Overvalued.

Key valuation signals for NSE:BHARATFORG:

  • Days Payable: 127.04 (31% above median its 10-year median of 97.06)
  • GF Value™: ₹1,465.56 vs. price of ₹2,117.00 (44.4% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 89.2% above the Vehicles & Parts median (#281 of 1306)

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


Bharat Forge Business Description

Other Exchanges 500493:India
Address Mundhwa, Pune Cantonment, Pune, MH, IND, 411036
Bharat Forge Ltd is an Indian multinational engaged in metal forging across different industries. The company has the following business units: automotive, power, oil and gas, construction and mining, rail, marine and aerospace. The automotive unit offers products including powertrain components, machines crankshafts, connecting rods, and piston. The Power business unit manufactures components for thermal, wind, hydro and nuclear applications. The Company divides its business into three reporting segments: "Forgings", "Defense", and "Others". The Forgings segment focuses on manufacturing forged components, while the Defense segment centers around defense-related activities. The "Others" segment encompasses all other businesses not covered by Forgings and Defense.
83GF Score

Get the complete analysis for NSE:BHARATFORG

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

₹2,117.00
Price
₹1,465.56
GF Value