Gammon India (NSE:GAMMONIND) Days Payable: 870.55 (As of Mar. 2026) — Near Median


What is Gammon India Days Payable?

Gammon India NSE:GAMMONIND Days Payable is 870.55 as of Mar. 2026, which is 6% below its 10-year median of 929.09. The stock has 6 warning signs investors should review.

Gammon India's average Accounts Payable for the three months ended in Mar. 2026 was ₹734.6 Mil. Gammon India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹77.0 Mil. Hence, Gammon India's Days Payable for the three months ended in Mar. 2026 was 870.55.

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

NSE:GAMMONIND' s Days Payable Range Over the Past 10 Years
Min: 98.18   Med: 929.09   Max: 2534.15
Current: 2189.5

During the past 13 years, Gammon India's highest Days Payable was 2534.15. The lowest was 98.18. And the median was 929.09.

NSE:GAMMONIND's Days Payable is not ranked
in the Construction industry.
Industry Median: 76.72 vs NSE:GAMMONIND: 2189.50

Gammon India's Days Payable increased from Mar. 2025 (128.74) to Mar. 2026 (870.55). It may suggest that Gammon India delayed paying its suppliers.


Gammon India Days Payable Historical Data

* Premium members only.

The historical data trend for Gammon India'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.

Gammon India Days Payable Chart

Gammon India 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 2,534.15 979.79 887.29 466.28 2,172.30

Gammon India 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 128.74 10,190.52 1,873.50 24,422.41 870.55

NSE:GAMMONIND vs PWR, J: Days Payable Comparison

For the Engineering & Construction subindustry, Gammon India'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.


Gammon India Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Gammon India's Days Payable distribution charts can be found below:

* The bar in red indicates where Gammon India's Days Payable falls into.



Gammon India 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.

Gammon India'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
=( (725.9 + 734.6) / 2 ) / 122.7*365
=730.25 / 122.7*365
=2,172.30

Gammon India'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 + 734.6) / 1 ) / 77*365 / 4
=734.6 / 77*365 / 4
=870.55

* 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 870.55 mean?
Gammon India (NSE:GAMMONIND) has a Days Payable of 870.55 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 Gammon India and its competitors. This is near median its historical median of 929.09. Over the past decade, Gammon India's Days Payable has ranged from 98.18 to 2,534.15.
Is Gammon India's Days Payable too high?
Gammon India's current Days Payable of 870.55 is near median its 10-year median of 929.09. Over the past 10 years, this metric has ranged from a low of 98.18 to a high of 2,534.15. The Construction industry median Days Payable is 76.72. Gammon India's value of 870.55 is 1034.7% above this industry median.
How does Gammon India's Days Payable compare to PWR and J?
Gammon India's Days Payable of 870.55 can be compared against companies in the Construction industry. The industry median Days Payable is 76.72. Gammon India's value of 870.55 is 1034.7% above this benchmark. Historically, Gammon India's own Days Payable has ranged from 98.18 to 2,534.15 over the past decade. While the company's 10-year median is 929.09 vs. the industry median of 76.72, Gammon India 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 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. Gammon India's current Days Payable of 870.55 is 1034.7% 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 Gammon India and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gammon India's current Days Payable is 870.55, which is near median its own 10-year median of 929.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gammon India stock overvalued right now?
Gammon India (NSE:GAMMONIND) has a current Days Payable of 870.55. The current Days Payable is 870.55, which is near median its 10-year median of 929.09 and 1034.7% above the Construction industry median of 76.72. 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 Gammon India (NSE:GAMMONIND), the current Days Payable is 870.55 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.

Gammon India Business Description

Address J.N. Heredia Marg, Hamilton House, Floor 3rd, Plot No. - 3/8, Ballard Estate, Mumbai, MH, IND, 400038
Gammon India Ltd is engaged in the engineering, procurement, and construction of steam and power generation boilers, water and waste treatment, and flameless combustion technology for the oil and gas, power, and industrial sectors. It undertakes EPC projects including highways, water pipelines, and residential and commercial buildings. Its operations include construction, engineering, designing, material supply, installation, development, project management, and maintenance. The company's operating segments are Real Estate Development and Construction and Engineering, with maximum revenue from the Construction and Engineering segment, and a majority of revenue generated in India.