Delhivery (NSE:DELHIVERY) Days Payable: 39.63 (As of Mar. 2026) — 11% Above Median

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NSE:DELHIVERY Delhivery Ltd NSE:DELHIVERY
77 GF Score
Price ₹462.55
GF Value ₹526.57
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Delhivery Days Payable?

Delhivery NSE:DELHIVERY -0.62% 77 Days Payable is 39.63 as of Mar. 2026, which is 11% above its 10-year median of 35.77. GuruFocus rates NSE:DELHIVERY with a GF Score™ of 77/100 and a GF Value™ of ₹526.57 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 968 Transportation companies, Delhivery ranks worse than 50.1% on this metric.

Delhivery's average Accounts Payable for the three months ended in Mar. 2026 was ₹11,316 Mil. Delhivery's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹26,055 Mil. Hence, Delhivery's Days Payable for the three months ended in Mar. 2026 was 39.63.

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

NSE:DELHIVERY' s Days Payable Range Over the Past 10 Years
Min: 27.6   Med: 35.77   Max: 39.29
Current: 38.61

During the past 8 years, Delhivery's highest Days Payable was 39.29. The lowest was 27.60. And the median was 35.77.

NSE:DELHIVERY's Days Payable is ranked worse than
50.1% of 968 companies
in the Transportation industry
Industry Median: 38.62 vs NSE:DELHIVERY: 38.61

Delhivery's Days Payable increased from Mar. 2025 (38.14) to Mar. 2026 (39.63). It may suggest that Delhivery delayed paying its suppliers.


Delhivery Days Payable Historical Data

* Premium members only.

The historical data trend for Delhivery'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.

Delhivery Days Payable Chart

Delhivery Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 34.69 39.29 37.01 35.71 37.13

Delhivery 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 38.14 36.50 41.50 39.41 39.63

NSE:DELHIVERY vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Delhivery'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.


Delhivery Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Delhivery's Days Payable distribution charts can be found below:

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


NSE:DELHIVERY
77GF Score
Delhivery Ltd NSE:DELHIVERY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Delhivery 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.

Delhivery'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
=( (8552.3 + 11316.28) / 2 ) / 97658.75*365
=9934.29 / 97658.75*365
=37.13

Delhivery'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 + 11316.28) / 1 ) / 26055.14*365 / 4
=11316.28 / 26055.14*365 / 4
=39.63

* 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 39.63 mean?
Delhivery (NSE:DELHIVERY) has a Days Payable of 39.63 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 Delhivery and its competitors. This is 11% above median its historical median of 35.77. Over the past decade, Delhivery's Days Payable has ranged from 27.60 to 39.29. According to the industry distribution chart, Delhivery ranks #485 out of 968 companies in the Transportation industry, placing it in the top 50.1%.
Is Delhivery's Days Payable too high?
Delhivery's current Days Payable of 39.63 is 11% above median its 10-year median of 35.77. Over the past 10 years, this metric has ranged from a low of 27.60 to a high of 39.29. The Transportation industry median Days Payable is 38.62. Delhivery's value of 39.63 is 2.6% above this industry median. Based on the distribution chart, Delhivery ranks #485 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, Delhivery has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Delhivery's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Delhivery ranks #485 out of 968 companies for Days Payable. This places Delhivery in the lower half of its industry. The industry median Days Payable is 38.62. Delhivery's value of 39.63 is 2.6% above this benchmark. Historically, Delhivery's own Days Payable has ranged from 27.60 to 39.29 over the past decade. While the company's 10-year median is 35.77 vs. the industry median of 38.62, Delhivery 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 Transportation company?
The median Days Payable among Transportation companies is 38.62, based on 968 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. Delhivery's current Days Payable of 39.63 is 2.6% 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 Delhivery and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delhivery's current Days Payable is 39.63, which is 11% above median its own 10-year median of 35.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delhivery stock overvalued right now?
Based on GuruFocus' analysis, Delhivery (NSE:DELHIVERY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹526.57, compared to a current price of ₹462.55 — trading 12.2% below its estimated fair value. The current Days Payable is 39.63, which is 11% above median its 10-year median of 35.77 and 2.6% above the Transportation industry median of 38.62. Delhivery's overall GF Score™ is 77/100 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 Delhivery (NSE:DELHIVERY), the current Days Payable is 39.63 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 Delhivery (NSE:DELHIVERY) Overvalued in 2026?

Based on GuruFocus' analysis, Delhivery stock appears to be undervalued. The current stock price of ₹462.55 is trading 12.2% below its estimated GF Value™ of ₹526.57. GuruFocus considers Delhivery to be Modestly Undervalued.

Key valuation signals for NSE:DELHIVERY:

  • Days Payable: 39.63 (11% above median its 10-year median of 35.77)
  • GF Value™: ₹526.57 vs. price of ₹462.55 (12.2% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 2.6% above the Transportation median (#485 of 968)

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


Delhivery Business Description

Other Exchanges 543529:India
Address Plot 5, Sector 44, Gurugram, HR, IND, 122002
Delhivery Ltd is engaged in providing a full range of logistics services, including delivery of express parcels and heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express freight services, and supply chain software. The company also offers value-added services such as e-commerce return services, payment collection and processing, installation and assembly services, and fraud detection. It has one segment, which is Logistics Services. The company generates the majority of its revenue from India.
77GF Score

Get the complete analysis for NSE:DELHIVERY

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

₹462.55
Price
₹526.57
GF Value