EMSNSE:EMSLIMITED -3.72%67 Days Payable is 38.31 as of Mar. 2026, which is 24% above its 10-year median of 30.86. GuruFocus rates NSE:EMSLIMITED with a GF Score™ of 67/100 and a GF Value™ of ₹459.03 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,711 Construction companies, EMS ranks worse than 95.44% on this metric.
EMS's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹326 Mil. EMS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹777 Mil.
Hence, EMS's Days Payable for the
three
months ended in Mar. 2026 was 38.31.
The historical rank and industry rank for EMS's Days Payable or its related term are showing as below:
NSE:EMSLIMITED'
s Days Payable Range Over the Past 10 Years
Min: 9.55 Med: 30.86 Max: 66.31
Current: 19.85
During the past 7 years, EMS's highest Days Payable was 66.31. The lowest was 9.55. And the median was 30.86.
NSE:EMSLIMITED's Days Payable is ranked worse than 95.44% of 1711
companies
in the Construction industry
Industry Median: 76.6
vs NSE:EMSLIMITED: 19.85
EMS's Days Payable
increased
from Mar. 2025 (10.67) to Mar. 2026 (38.31).
It may suggest that EMSdelayed paying its suppliers.
EMS Days Payable Related Terms
EMS Days Payable Historical Data
* Premium members only.
The historical data trend for EMS'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:EMSLIMITED vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, EMS'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.
EMS Days Payable vs Construction Industry
For the Construction industry and Industrials sector, EMS's Days Payable distribution charts can be found below:
* The bar in red indicates where EMS'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.
EMS'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.
EMS (NSE:EMSLIMITED) has a Days Payable of 38.31 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 EMS and its competitors. This is 24% above median its historical median of 30.86. Over the past decade, EMS's Days Payable has ranged from 9.55 to 66.31. According to the industry distribution chart, EMS ranks #1633 out of 1711 companies in the Construction industry, placing it in the top 95.4%.
Is EMS's Days Payable too high?
EMS's current Days Payable of 38.31 is 24% above median its 10-year median of 30.86. Over the past 10 years, this metric has ranged from a low of 9.55 to a high of 66.31. The Construction industry median Days Payable is 76.60. EMS's value of 38.31 is 50% below this industry median. Based on the distribution chart, EMS ranks #1633 out of 1711 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, EMS has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EMS's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, EMS ranks #1633 out of 1711 companies for Days Payable. This places EMS in the lower half of its industry. The industry median Days Payable is 76.60. EMS's value of 38.31 is 50% below this benchmark. Historically, EMS's own Days Payable has ranged from 9.55 to 66.31 over the past decade. While the company's 10-year median is 30.86 vs. the industry median of 76.60, EMS 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,711 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. EMS's current Days Payable of 38.31 is 50% 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 EMS and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EMS's current Days Payable is 38.31, which is 24% above median its own 10-year median of 30.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EMS stock overvalued right now?
Based on GuruFocus' analysis, EMS (NSE:EMSLIMITED) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹459.03, compared to a current price of ₹402.55 — trading 12.3% below its estimated fair value. The current Days Payable is 38.31, which is 24% above median its 10-year median of 30.86 and 50% below the Construction industry median of 76.60. EMS's overall GF Score™ is 67/100 with 10 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 EMS (NSE:EMSLIMITED), the current Days Payable is 38.31 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 EMS (NSE:EMSLIMITED) Overvalued in 2026?
Based on GuruFocus' analysis, EMS stock appears to be undervalued.
The current stock price of ₹402.55 is trading 12.3% below its estimated GF Value™ of ₹459.03.
GuruFocus considers EMS to be Modestly Undervalued.
Key valuation signals for NSE:EMSLIMITED:
Days Payable: 38.31 (24% above median its 10-year median of 30.86)
GF Value™: ₹459.03 vs. price of ₹402.55 (12.3% below fair value)
Industry Position: 50% below the Construction median (#1633 of 1711)
No single metric tells the full story. See the NSE:EMSLIMITED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EMS Ltd is a multi-disciplinary Engineering, Procurement, and Construction (EPC) company. It is engaged in the business of Sewerage contractors, Sewerage Treatment Plants (STP) Works, and Electricity transmission and distribution. It is also engaged in the building and manufacturing of its items which are used for construction purposes. The company is engaged in the business of providing turnkey services in water and wastewater collection, treatment and disposal, gravity and pressure pipeline networks, reservoirs, and pump houses along with complete electro-mechanical solutions.
67GF Score
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