Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CARE RatingsNSE:CARERATING +1.10%84 Days Payable is 25.85 as of Mar. 2026, which is 111% above its 10-year median of 12.24. GuruFocus rates NSE:CARERATING with a GF Score™ of 84/100 and a GF Value™ of ₹1,719.38 (Fairly Valued). The stock has 1 warning sign investors should review. Among 540 Capital Markets companies, CARE Ratings ranks worse than 70.37% on this metric.
The historical rank and industry rank for CARE Ratings's Days Payable or its related term are showing as below:
NSE:CARERATING'
s Days Payable Range Over the Past 10 Years
Min: 4.76 Med: 12.24 Max: 29.9
Current: 25.62
During the past 13 years, CARE Ratings's highest Days Payable was 29.90. The lowest was 4.76. And the median was 12.24.
NSE:CARERATING's Days Payable is ranked worse than 70.37% of 540
companies
in the Capital Markets industry
Industry Median: 92.71
vs NSE:CARERATING: 25.62
CARE Ratings's Days Payable
declined
from Mar. 2025 (29.32) to Mar. 2026 (25.85).
It may suggest that CARE Ratingsaccelerated paying its suppliers.
The historical data trend for CARE Ratings'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.
NSE:CARERATING vs SPGI, CME, ICE: Days Payable Comparison
For the Financial Data & Stock Exchanges subindustry, CARE Ratings'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.
CARE Ratings Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CARE Ratings's Days Payable distribution charts can be found below:
* The bar in red indicates where CARE Ratings's Days Payable falls into.
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.
CARE Ratings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
CARE Ratings (NSE:CARERATING) has a Days Payable of 25.85 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 CARE Ratings and its competitors. This is 111% above median its historical median of 12.24. Over the past decade, CARE Ratings' Days Payable has ranged from 4.76 to 29.90. According to the industry distribution chart, CARE Ratings ranks #380 out of 540 companies in the Capital Markets industry, placing it in the top 70.4%.
Is CARE Ratings' Days Payable too high?
CARE Ratings' current Days Payable of 25.85 is 111% above median its 10-year median of 12.24. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 29.90. The Capital Markets industry median Days Payable is 92.71. CARE Ratings' value of 25.85 is 72.1% below this industry median. Based on the distribution chart, CARE Ratings ranks #380 out of 540 companies in the Capital Markets industry, which is below the industry midpoint. Overall, CARE Ratings has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CARE Ratings' Days Payable compare to SPGI and CME?
According to the Capital Markets industry distribution chart, CARE Ratings ranks #380 out of 540 companies for Days Payable. This places CARE Ratings in the lower half of its industry. The industry median Days Payable is 92.71. CARE Ratings' value of 25.85 is 72.1% below this benchmark. Historically, CARE Ratings' own Days Payable has ranged from 4.76 to 29.90 over the past decade. While the company's 10-year median is 12.24 vs. the industry median of 92.71, CARE Ratings 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.71, based on 540 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. CARE Ratings's current Days Payable of 25.85 is 72.1% 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 CARE Ratings and its competitors. For the Capital Markets industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CARE Ratings's current Days Payable is 25.85, which is 111% above median its own 10-year median of 12.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CARE Ratings stock overvalued right now?
Based on GuruFocus' analysis, CARE Ratings (NSE:CARERATING) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,719.38, compared to a current price of ₹1,749.20 — trading 1.7% above its estimated fair value. The current Days Payable is 25.85, which is 111% above median its 10-year median of 12.24 and 72.1% below the Capital Markets industry median of 92.71. CARE Ratings' overall GF Score™ is 84/100 with 1 warning sign 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 CARE Ratings (NSE:CARERATING), the current Days Payable is 25.85 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 CARE Ratings (NSE:CARERATING) Overvalued in 2026?
Based on GuruFocus' analysis, CARE Ratings stock appears to be overvalued.
The current stock price of ₹1,749.20 is trading 1.7% above its estimated GF Value™ of ₹1,719.38.
GuruFocus considers CARE Ratings to be Fairly Valued.
Key valuation signals for NSE:CARERATING:
Days Payable: 25.85 (111% above median its 10-year median of 12.24)
GF Value™: ₹1,719.38 vs. price of ₹1,749.20 (1.7% above fair value)
Industry Position: 72.1% below the Capital Markets median (#380 of 540)
No single metric tells the full story. See the NSE:CARERATING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CARE Ratings Ltd provides various credit ratings that helps corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own risk-return expectations. The company works in Bank Loan Ratings; Capital Market Instruments, Including NCDs/ Bonds/ Hybrids/ CPs/CDs, etc; Structured Finance Ratings; Monitoring Agency Services for Equity Capital; Rating of REITs /InvITs; Resolution Plan Ratings; Recovery Ratings; Issuer Ratings. The company's segment includes Ratings and related services; and Others. The company generates majority of revenue from Ratings and related services. The company has presence in India, and Outside India. It generates majority of revenue from India.
84GF Score
Get the complete analysis for NSE:CARERATING
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CARERATING has been successfully added to your 
