Exim Routes (NSE:EXIMROUTES) Days Payable: 29.49 (As of Mar. 2026) — 14% Below Median

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NSE:EXIMROUTES Exim Routes Ltd NSE:EXIMROUTES
21 GF Score
Price ₹94.75
! 3 Warning Signs
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What is Exim Routes Days Payable?

Exim Routes NSE:EXIMROUTES -8.01% 21 Days Payable is 29.49 as of Mar. 2026, which is 14% below its 10-year median of 34.25. GuruFocus rates NSE:EXIMROUTES with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 234 Waste Management companies, Exim Routes ranks worse than 72.22% on this metric.

Exim Routes's average Accounts Payable for the six months ended in Mar. 2026 was ₹165 Mil. Exim Routes's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,023 Mil. Hence, Exim Routes's Days Payable for the six months ended in Mar. 2026 was 29.49.

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

NSE:EXIMROUTES' s Days Payable Range Over the Past 10 Years
Min: 28.57   Med: 34.25   Max: 43.27
Current: 33.24

During the past 4 years, Exim Routes's highest Days Payable was 43.27. The lowest was 28.57. And the median was 34.25.

NSE:EXIMROUTES's Days Payable is ranked worse than
72.22% of 234 companies
in the Waste Management industry
Industry Median: 66.54 vs NSE:EXIMROUTES: 33.24

Exim Routes's Days Payable increased from . 20 (0.00) to Mar. 2026 (29.49). It may suggest that Exim Routes delayed paying its suppliers.


Exim Routes Days Payable Historical Data

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The historical data trend for Exim Routes'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.

Exim Routes Days Payable Chart

Exim Routes Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
42.89 36.22 46.73 38.29

Exim Routes Semi-Annual Data
Sep25 Mar26
Days Payable 30.25 29.49

NSE:EXIMROUTES vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Exim Routes'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.


Exim Routes Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Exim Routes's Days Payable distribution charts can be found below:

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


NSE:EXIMROUTES
21GF Score
Exim Routes Ltd NSE:EXIMROUTES
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Exim Routes 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.

Exim Routes'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
=( (155.791 + 184.931) / 2 ) / 1623.853*365
=170.361 / 1623.853*365
=38.29

Exim Routes'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (145.607 + 184.931) / 2 ) / 1022.825*365 / 2
=165.269 / 1022.825*365 / 2
=29.49

* 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 29.49 mean?
Exim Routes (NSE:EXIMROUTES) has a Days Payable of 29.49 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 Exim Routes and its competitors. This is 14% below median its historical median of 34.25. Over the past decade, Exim Routes' Days Payable has ranged from 28.57 to 43.27. According to the industry distribution chart, Exim Routes ranks #169 out of 234 companies in the Waste Management industry, placing it in the top 72.2%.
Is Exim Routes' Days Payable too high?
Exim Routes' current Days Payable of 29.49 is 14% below median its 10-year median of 34.25. Over the past 10 years, this metric has ranged from a low of 28.57 to a high of 43.27. The Waste Management industry median Days Payable is 66.54. Exim Routes' value of 29.49 is 55.7% below this industry median. Based on the distribution chart, Exim Routes ranks #169 out of 234 companies in the Waste Management industry, which is below the industry midpoint. Overall, Exim Routes has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Exim Routes' Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Exim Routes ranks #169 out of 234 companies for Days Payable. This places Exim Routes in the lower half of its industry. The industry median Days Payable is 66.54. Exim Routes' value of 29.49 is 55.7% below this benchmark. Historically, Exim Routes' own Days Payable has ranged from 28.57 to 43.27 over the past decade. While the company's 10-year median is 34.25 vs. the industry median of 66.54, Exim Routes 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 Waste Management company?
The median Days Payable among Waste Management companies is 66.54, based on 234 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. Exim Routes's current Days Payable of 29.49 is 55.7% 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 Exim Routes and its competitors. For the Waste Management industry, the median Days Payable is 66.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exim Routes's current Days Payable is 29.49, which is 14% below median its own 10-year median of 34.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exim Routes stock overvalued right now?
Exim Routes (NSE:EXIMROUTES) has a current Days Payable of 29.49. The current Days Payable is 29.49, which is 14% below median its 10-year median of 34.25 and 55.7% below the Waste Management industry median of 66.54. Exim Routes' overall GF Score™ is 21/100 with 3 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 Exim Routes (NSE:EXIMROUTES), the current Days Payable is 29.49 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.

Exim Routes Business Description

Address Golf Course Extension Road, Sector 65, Unit No 421, 4th Floor, Suncity Success Tower, Gurugram, HR, IND, 122101
Exim Routes Ltd operates as a platform facilitating the exchange of recyclable paper materials, providing services to Indian paper mills that include sourcing and procurement of waste paper, quality assurance, and logistics. To support its operations, it has developed the Exim Routes Intelligence System (ERIS), an AI-powered B2B digital platform designed to perform four primary functions: Supply Chain Operations and Offer Management, Customer and Partner Enablement, Market Intelligence and Data Layer, and Logistics Integration.
21GF Score

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