Divgi TorqTransfer Systems (NSE:DIVGIITTS) Days Payable: 134.97 (As of Mar. 2026) — Near Median


NSE:DIVGIITTS Divgi TorqTransfer Systems Ltd NSE:DIVGIITTS
81 GF Score
Price ₹1,021.50
GF Value ₹1,069.21
Valuation Fairly Valued
! 6 Warning Signs
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What is Divgi TorqTransfer Systems Days Payable?

Divgi TorqTransfer Systems NSE:DIVGIITTS +4.15% 81 Days Payable is 134.97 as of Mar. 2026, which is 1% above its 10-year median of 133.94. GuruFocus rates NSE:DIVGIITTS with a GF Score™ of 81/100 and a GF Value™ of ₹1,069.21 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Divgi TorqTransfer Systems ranks better than 80.21% on this metric.

Divgi TorqTransfer Systems's average Accounts Payable for the three months ended in Mar. 2026 was ₹601 Mil. Divgi TorqTransfer Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹407 Mil. Hence, Divgi TorqTransfer Systems's Days Payable for the three months ended in Mar. 2026 was 134.97.

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

NSE:DIVGIITTS' s Days Payable Range Over the Past 10 Years
Min: 130.32   Med: 133.94   Max: 161.39
Current: 136.53

During the past 7 years, Divgi TorqTransfer Systems's highest Days Payable was 161.39. The lowest was 130.32. And the median was 133.94.

NSE:DIVGIITTS's Days Payable is ranked better than
80.21% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 67.02 vs NSE:DIVGIITTS: 136.53

Divgi TorqTransfer Systems's Days Payable declined from Mar. 2025 (157.11) to Mar. 2026 (134.97). It may suggest that Divgi TorqTransfer Systems accelerated paying its suppliers.


Divgi TorqTransfer Systems Days Payable Historical Data

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The historical data trend for Divgi TorqTransfer Systems'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.

Divgi TorqTransfer Systems Days Payable Chart

Divgi TorqTransfer Systems Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 142.41 130.65 132.02 161.39 133.94

Divgi TorqTransfer Systems Quarterly Data
Mar20 Mar21 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 157.11 129.11 149.61 137.34 134.97

NSE:DIVGIITTS vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Divgi TorqTransfer Systems'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.


Divgi TorqTransfer Systems Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Divgi TorqTransfer Systems's Days Payable falls into.


NSE:DIVGIITTS
81GF Score
Divgi TorqTransfer Systems Ltd NSE:DIVGIITTS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Divgi TorqTransfer Systems 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.

Divgi TorqTransfer Systems'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
=( (402.71 + 601.28) / 2 ) / 1367.97*365
=501.995 / 1367.97*365
=133.94

Divgi TorqTransfer Systems'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 + 601.28) / 1 ) / 406.51*365 / 4
=601.28 / 406.51*365 / 4
=134.97

* 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 134.97 mean?
Divgi TorqTransfer Systems (NSE:DIVGIITTS) has a Days Payable of 134.97 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 Divgi TorqTransfer Systems and its competitors. This is near median its historical median of 133.94. Over the past decade, Divgi TorqTransfer Systems' Days Payable has ranged from 130.32 to 161.39. According to the industry distribution chart, Divgi TorqTransfer Systems ranks #259 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 19.8%.
Is Divgi TorqTransfer Systems' Days Payable too high?
Divgi TorqTransfer Systems' current Days Payable of 134.97 is near median its 10-year median of 133.94. Over the past 10 years, this metric has ranged from a low of 130.32 to a high of 161.39. The Vehicles & Parts industry median Days Payable is 67.02. Divgi TorqTransfer Systems' value of 134.97 is 101.4% above this industry median. Based on the distribution chart, Divgi TorqTransfer Systems ranks #259 out of 1309 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Divgi TorqTransfer Systems has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Divgi TorqTransfer Systems' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Divgi TorqTransfer Systems ranks #259 out of 1309 companies for Days Payable. This places Divgi TorqTransfer Systems in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.02. Divgi TorqTransfer Systems' value of 134.97 is 101.4% above this benchmark. Historically, Divgi TorqTransfer Systems' own Days Payable has ranged from 130.32 to 161.39 over the past decade. While the company's 10-year median is 133.94 vs. the industry median of 67.02, Divgi TorqTransfer Systems 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 67.02, based on 1,309 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. Divgi TorqTransfer Systems's current Days Payable of 134.97 is 101.4% 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 Divgi TorqTransfer Systems and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Divgi TorqTransfer Systems's current Days Payable is 134.97, which is near median its own 10-year median of 133.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Divgi TorqTransfer Systems stock overvalued right now?
Based on GuruFocus' analysis, Divgi TorqTransfer Systems (NSE:DIVGIITTS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,069.21, compared to a current price of ₹1,021.50 — trading 4.5% below its estimated fair value. The current Days Payable is 134.97, which is near median its 10-year median of 133.94 and 101.4% above the Vehicles & Parts industry median of 67.02. Divgi TorqTransfer Systems' overall GF Score™ is 81/100 with 6 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 Divgi TorqTransfer Systems (NSE:DIVGIITTS), the current Days Payable is 134.97 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 Divgi TorqTransfer Systems (NSE:DIVGIITTS) Overvalued in 2026?

Based on GuruFocus' analysis, Divgi TorqTransfer Systems stock appears to be undervalued. The current stock price of ₹1,021.50 is trading 4.5% below its estimated GF Value™ of ₹1,069.21. GuruFocus considers Divgi TorqTransfer Systems to be Fairly Valued.

Key valuation signals for NSE:DIVGIITTS:

  • Days Payable: 134.97 (near median its 10-year median of 133.94)
  • GF Value™: ₹1,069.21 vs. price of ₹1,021.50 (4.5% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 101.4% above the Vehicles & Parts median (#259 of 1309)

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


Divgi TorqTransfer Systems Business Description

Other Exchanges 543812:India
Address MIDC, Bhosari, Plot No. 75, General Block, Pune, MH, IND, 411026
Divgi TorqTransfer Systems Ltd is engaged in the business as an automotive component entity. It develops and provides system-level transfer cases, torque couplers, and dual clutch automatic transmission solutions. The Company operates only in one business segment, viz. Auto Components and Parts. The secondary segment is based on geographical demarcation, i.e., domestic and exports. The company gained the majority of its revenue from India, followed by the USA, Mexico, and Sweden.
81GF Score

Get the complete analysis for NSE:DIVGIITTS

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

₹1,021.50
Price
₹1,069.21
GF Value