Forge Auto International (NSE:FORGEAUTO) Days Payable: 79.58 (As of Mar. 2025) — 12% Above Median


NSE:FORGEAUTO Forge Auto International Ltd NSE:FORGEAUTO
16 GF Score
Price ₹84.50
! 3 Warning Signs
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What is Forge Auto International Days Payable?

Forge Auto International NSE:FORGEAUTO -3.32% 16 Days Payable is 79.58 as of Mar. 2025, which is 12% above its 10-year median of 71.28. GuruFocus rates NSE:FORGEAUTO with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Forge Auto International ranks better than 59.17% on this metric.

Forge Auto International's average Accounts Payable for the six months ended in Mar. 2025 was ₹290 Mil. Forge Auto International's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹1,330 Mil. Hence, Forge Auto International's Days Payable for the six months ended in Mar. 2025 was 39.79.

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

NSE:FORGEAUTO' s Days Payable Range Over the Past 10 Years
Min: 52.44   Med: 71.28   Max: 95.3
Current: 79.58

During the past 4 years, Forge Auto International's highest Days Payable was 95.30. The lowest was 52.44. And the median was 71.28.

NSE:FORGEAUTO's Days Payable is ranked better than
59.17% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.035 vs NSE:FORGEAUTO: 79.58

Forge Auto International's Days Payable increased from Mar. 2023 (62.97) to Mar. 2025 (79.58). It may suggest that Forge Auto International delayed paying its suppliers.


Forge Auto International Days Payable Historical Data

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The historical data trend for Forge Auto International'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.

Forge Auto International Days Payable Chart

Forge Auto International Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Days Payable
52.44 62.97 95.30 79.58

Forge Auto International Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Days Payable 52.44 62.97 95.30 79.58

NSE:FORGEAUTO vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Forge Auto International'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.


Forge Auto International Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Forge Auto International's Days Payable falls into.


NSE:FORGEAUTO
16GF Score
Forge Auto International Ltd NSE:FORGEAUTO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Forge Auto International 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.

Forge Auto International's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (287.864 + 292.308) / 2 ) / 1330.429*365
=290.086 / 1330.429*365
=79.58

Forge Auto International's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (287.864 + 292.308) / 2 ) / 1330.429*365 / 2
=290.086 / 1330.429*365 / 2
=39.79

* 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 79.58 mean?
Forge Auto International (NSE:FORGEAUTO) has a Days Payable of 79.58 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Forge Auto International and its competitors. This is 12% above median its historical median of 71.28. Over the past decade, Forge Auto International's Days Payable has ranged from 52.44 to 95.30. According to the industry distribution chart, Forge Auto International ranks #534 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 40.8%.
Is Forge Auto International's Days Payable too high?
Forge Auto International's current Days Payable of 79.58 is 12% above median its 10-year median of 71.28. Over the past 10 years, this metric has ranged from a low of 52.44 to a high of 95.30. The Vehicles & Parts industry median Days Payable is 67.04. Forge Auto International's value of 79.58 is 18.7% above this industry median. Based on the distribution chart, Forge Auto International ranks #534 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Forge Auto International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forge Auto International's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Forge Auto International ranks #534 out of 1308 companies for Days Payable. This puts Forge Auto International in the upper half of its industry. The industry median Days Payable is 67.04. Forge Auto International's value of 79.58 is 18.7% above this benchmark. Historically, Forge Auto International's own Days Payable has ranged from 52.44 to 95.30 over the past decade. While the company's 10-year median is 71.28 vs. the industry median of 67.04, Forge Auto International 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 67.04, based on 1,308 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. Forge Auto International's current Days Payable of 79.58 is 18.7% 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 Forge Auto International and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forge Auto International's current Days Payable is 79.58, which is 12% above median its own 10-year median of 71.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Auto International stock overvalued right now?
Forge Auto International (NSE:FORGEAUTO) has a current Days Payable of 79.58. The current Days Payable is 79.58, which is 12% above median its 10-year median of 71.28 and 18.7% above the Vehicles & Parts industry median of 67.04. Forge Auto International's overall GF Score™ is 16/100 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 Forge Auto International (NSE:FORGEAUTO), the current Days Payable is 79.58 as of Mar. 2025. 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.

Forge Auto International Business Description

Address Machhiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141112
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.
16GF Score

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