Greaves Cotton (NSE:GREAVESCOT) Days Payable: 76.22 (As of Mar. 2026) — Near Median


NSE:GREAVESCOT Greaves Cotton Ltd NSE:GREAVESCOT
75 GF Score
Price ₹263.60
GF Value ₹211.08
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Greaves Cotton Days Payable?

Greaves Cotton NSE:GREAVESCOT +11.12% 75 Days Payable is 76.22 as of Mar. 2026, which is 8% below its 10-year median of 83.27. GuruFocus rates NSE:GREAVESCOT with a GF Score™ of 75/100 and a GF Value™ of ₹211.08 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, Greaves Cotton ranks better than 52.65% on this metric.

Greaves Cotton's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,809 Mil. Greaves Cotton's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,954 Mil. Hence, Greaves Cotton's Days Payable for the three months ended in Mar. 2026 was 76.22.

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

NSE:GREAVESCOT' s Days Payable Range Over the Past 10 Years
Min: 70.76   Med: 83.27   Max: 110.15
Current: 82.23

During the past 13 years, Greaves Cotton's highest Days Payable was 110.15. The lowest was 70.76. And the median was 83.27.

NSE:GREAVESCOT's Days Payable is ranked better than
52.65% of 2986 companies
in the Industrial Products industry
Industry Median: 77.81 vs NSE:GREAVESCOT: 82.23

Greaves Cotton's Days Payable declined from Mar. 2025 (83.98) to Mar. 2026 (76.22). It may suggest that Greaves Cotton accelerated paying its suppliers.


Greaves Cotton Days Payable Historical Data

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The historical data trend for Greaves Cotton'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.

Greaves Cotton Days Payable Chart

Greaves Cotton 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 106.09 75.68 83.15 82.77 86.88

Greaves Cotton 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 83.98 98.46 76.70 70.84 76.22

NSE:GREAVESCOT vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Greaves Cotton'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.


Greaves Cotton Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greaves Cotton's Days Payable distribution charts can be found below:

* The bar in red indicates where Greaves Cotton's Days Payable falls into.


NSE:GREAVESCOT
75GF Score
Greaves Cotton Ltd NSE:GREAVESCOT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Greaves Cotton 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.

Greaves Cotton'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
=( (5221 + 5808.5) / 2 ) / 23168*365
=5514.75 / 23168*365
=86.88

Greaves Cotton'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 + 5808.5) / 1 ) / 6954.3*365 / 4
=5808.5 / 6954.3*365 / 4
=76.22

* 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 76.22 mean?
Greaves Cotton (NSE:GREAVESCOT) has a Days Payable of 76.22 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 Greaves Cotton and its competitors. This is near median its historical median of 83.27. Over the past decade, Greaves Cotton's Days Payable has ranged from 70.76 to 110.15. According to the industry distribution chart, Greaves Cotton ranks #1414 out of 2986 companies in the Industrial Products industry, placing it in the top 47.4%.
Is Greaves Cotton's Days Payable too high?
Greaves Cotton's current Days Payable of 76.22 is near median its 10-year median of 83.27. Over the past 10 years, this metric has ranged from a low of 70.76 to a high of 110.15. The Industrial Products industry median Days Payable is 77.81. Greaves Cotton's value of 76.22 is 2% below this industry median. Based on the distribution chart, Greaves Cotton ranks #1414 out of 2986 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Greaves Cotton has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greaves Cotton's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Greaves Cotton ranks #1414 out of 2986 companies for Days Payable. This puts Greaves Cotton in the upper half of its industry. The industry median Days Payable is 77.81. Greaves Cotton's value of 76.22 is 2% below this benchmark. Historically, Greaves Cotton's own Days Payable has ranged from 70.76 to 110.15 over the past decade. While the company's 10-year median is 83.27 vs. the industry median of 77.81, Greaves Cotton 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.81, based on 2,986 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. Greaves Cotton's current Days Payable of 76.22 is 2% 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 Greaves Cotton and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greaves Cotton's current Days Payable is 76.22, which is near median its own 10-year median of 83.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greaves Cotton stock overvalued right now?
Based on GuruFocus' analysis, Greaves Cotton (NSE:GREAVESCOT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹211.08, compared to a current price of ₹263.60 — trading 24.9% above its estimated fair value. The current Days Payable is 76.22, which is near median its 10-year median of 83.27 and 2% below the Industrial Products industry median of 77.81. Greaves Cotton's overall GF Score™ is 75/100 with 5 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 Greaves Cotton (NSE:GREAVESCOT), the current Days Payable is 76.22 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 Greaves Cotton (NSE:GREAVESCOT) Overvalued in 2026?

Based on GuruFocus' analysis, Greaves Cotton stock appears to be overvalued. The current stock price of ₹263.60 is trading 24.9% above its estimated GF Value™ of ₹211.08. GuruFocus considers Greaves Cotton to be Modestly Overvalued.

Key valuation signals for NSE:GREAVESCOT:

  • Days Payable: 76.22 (near median its 10-year median of 83.27)
  • GF Value™: ₹211.08 vs. price of ₹263.60 (24.9% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 2% below the Industrial Products median (#1414 of 2986)

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


Greaves Cotton Business Description

Other Exchanges 501455:India
Address LBS Marg, Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Kurla West, Mumbai, MH, IND, 400070
Greaves Cotton Ltd is a diversified engineering company. It is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction, and industrial applications. The company's reportable operating segments include Engines, Electric mobility and other vehicles, Cables & Control Levers, and Others. The majority of its revenue is generated from the Engines segment, which includes the application of engines in farm equipment, gensets, and spares produced by Greaves. Geographically, the company generates maximum revenue from its domestic markets, and also has an overseas presence.
75GF Score

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

₹263.60
Price
₹211.08
GF Value