FIEM Industries (NSE:FIEMIND) Days Payable: 57.24 (As of Mar. 2026) — 22% Below Median

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NSE:FIEMIND FIEM Industries Ltd NSE:FIEMIND
86 GF Score
Price ₹2,262.80
GF Value ₹1,885.28
Valuation Modestly Overvalued
! 2 Warning Signs
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What is FIEM Industries Days Payable?

FIEM Industries NSE:FIEMIND +2.00% 86 Days Payable is 57.24 as of Mar. 2026, which is 22% below its 10-year median of 73.61. GuruFocus rates NSE:FIEMIND with a GF Score™ of 86/100 and a GF Value™ of ₹1,885.28 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,306 Vehicles & Parts companies, FIEM Industries ranks worse than 58.35% on this metric.

FIEM Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,863 Mil. FIEM Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,564 Mil. Hence, FIEM Industries's Days Payable for the three months ended in Mar. 2026 was 57.24.

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

NSE:FIEMIND' s Days Payable Range Over the Past 10 Years
Min: 48.47   Med: 73.61   Max: 85.05
Current: 57.03

During the past 13 years, FIEM Industries's highest Days Payable was 85.05. The lowest was 48.47. And the median was 73.61.

NSE:FIEMIND's Days Payable is ranked worse than
58.35% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs NSE:FIEMIND: 57.03

FIEM Industries's Days Payable increased from Mar. 2025 (53.27) to Mar. 2026 (57.24). It may suggest that FIEM Industries delayed paying its suppliers.


FIEM Industries Days Payable Historical Data

* Premium members only.

The historical data trend for FIEM Industries'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.

FIEM Industries Days Payable Chart

FIEM Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.90 64.87 49.32 48.47 52.17

FIEM Industries 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 53.27 52.36 59.05 63.07 57.24

NSE:FIEMIND vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, FIEM Industries'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.


FIEM Industries Days Payable vs Vehicles & Parts Industry

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

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


NSE:FIEMIND
86GF Score
FIEM Industries Ltd NSE:FIEMIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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FIEM Industries 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.

FIEM Industries'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
=( (2305.262 + 2862.847) / 2 ) / 18077.38*365
=2584.0545 / 18077.38*365
=52.17

FIEM Industries'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 + 2862.847) / 1 ) / 4563.797*365 / 4
=2862.847 / 4563.797*365 / 4
=57.24

* 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 57.24 mean?
FIEM Industries (NSE:FIEMIND) has a Days Payable of 57.24 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 FIEM Industries and its competitors. This is 22% below median its historical median of 73.61. Over the past decade, FIEM Industries' Days Payable has ranged from 48.47 to 85.05. According to the industry distribution chart, FIEM Industries ranks #762 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 58.3%.
Is FIEM Industries' Days Payable too high?
FIEM Industries' current Days Payable of 57.24 is 22% below median its 10-year median of 73.61. Over the past 10 years, this metric has ranged from a low of 48.47 to a high of 85.05. The Vehicles & Parts industry median Days Payable is 67.14. FIEM Industries' value of 57.24 is 14.7% below this industry median. Based on the distribution chart, FIEM Industries ranks #762 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, FIEM Industries has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FIEM Industries' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, FIEM Industries ranks #762 out of 1306 companies for Days Payable. This places FIEM Industries in the lower half of its industry. The industry median Days Payable is 67.14. FIEM Industries' value of 57.24 is 14.7% below this benchmark. Historically, FIEM Industries' own Days Payable has ranged from 48.47 to 85.05 over the past decade. While the company's 10-year median is 73.61 vs. the industry median of 67.14, FIEM Industries 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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. FIEM Industries's current Days Payable of 57.24 is 14.7% 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 FIEM Industries and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FIEM Industries's current Days Payable is 57.24, which is 22% below median its own 10-year median of 73.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FIEM Industries stock overvalued right now?
Based on GuruFocus' analysis, FIEM Industries (NSE:FIEMIND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,885.28, compared to a current price of ₹2,262.80 — trading 20% above its estimated fair value. The current Days Payable is 57.24, which is 22% below median its 10-year median of 73.61 and 14.7% below the Vehicles & Parts industry median of 67.14. FIEM Industries' overall GF Score™ is 86/100 with 2 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 FIEM Industries (NSE:FIEMIND), the current Days Payable is 57.24 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 FIEM Industries (NSE:FIEMIND) Overvalued in 2026?

Based on GuruFocus' analysis, FIEM Industries stock appears to be overvalued. The current stock price of ₹2,262.80 is trading 20% above its estimated GF Value™ of ₹1,885.28. GuruFocus considers FIEM Industries to be Modestly Overvalued.

Key valuation signals for NSE:FIEMIND:

  • Days Payable: 57.24 (22% below median its 10-year median of 73.61)
  • GF Value™: ₹1,885.28 vs. price of ₹2,262.80 (20% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 14.7% below the Vehicles & Parts median (#762 of 1306)

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


FIEM Industries Business Description

Other Exchanges 532768:India
Address Udyog Vihar Phase - 1, Plot No. 243, 2nd Floor, Tower A, SP Infocity, Gurugram, HR, IND, 122016
FIEM Industries Ltd is an Indian company engaged in the manufacturing of automotive components. The company has identified two reportable business segments based on the nature of its products. The Automotive segment, which is the key revenue driver, comprises automotive lighting and signaling equipment, rearview mirrors, prismatic mirrors, plastic molded parts, and sheet metal components for motorized vehicles and other parts for automotive. The Other segment comprises LED luminaries, including indoor and outdoor lighting, display panels, and LED-integrated passenger information systems, among others. Geographically, the company generates a majority of its revenue from India and also sells its products outside India.
86GF Score

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

₹2,262.80
Price
₹1,885.28
GF Value