Hindustan Aeronautics (NSE:HAL) Days Payable: 46.36 (As of Mar. 2026) — 34% Below Median


NSE:HAL Hindustan Aeronautics Ltd NSE:HAL
93 GF Score
Price ₹4,428.90
GF Value ₹4,714.09
Valuation Fairly Valued
! 3 Warning Signs
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What is Hindustan Aeronautics Days Payable?

Hindustan Aeronautics NSE:HAL -0.12% 93 Days Payable is 46.36 as of Mar. 2026, which is 34% below its 10-year median of 70.48. GuruFocus rates NSE:HAL with a GF Score™ of 93/100 and a GF Value™ of ₹4,714.09 (Fairly Valued). The stock has 3 warning signs investors should review. Among 338 Aerospace & Defense companies, Hindustan Aeronautics ranks better than 62.13% on this metric.

Hindustan Aeronautics's average Accounts Payable for the three months ended in Mar. 2026 was ₹44,318 Mil. Hindustan Aeronautics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹87,234 Mil. Hence, Hindustan Aeronautics's Days Payable for the three months ended in Mar. 2026 was 46.36.

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

NSE:HAL' s Days Payable Range Over the Past 10 Years
Min: 47.08   Med: 70.48   Max: 90.14
Current: 89.1

During the past 13 years, Hindustan Aeronautics's highest Days Payable was 90.14. The lowest was 47.08. And the median was 70.48.

NSE:HAL's Days Payable is ranked better than
62.13% of 338 companies
in the Aerospace & Defense industry
Industry Median: 64.875 vs NSE:HAL: 89.10

Hindustan Aeronautics's Days Payable declined from Mar. 2025 (65.28) to Mar. 2026 (46.36). It may suggest that Hindustan Aeronautics accelerated paying its suppliers.


Hindustan Aeronautics Days Payable Historical Data

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The historical data trend for Hindustan Aeronautics'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.

Hindustan Aeronautics Days Payable Chart

Hindustan Aeronautics 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 62.32 67.27 73.68 84.60 81.87

Hindustan Aeronautics 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 65.28 158.11 129.18 103.31 46.36

NSE:HAL vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Hindustan Aeronautics'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.


Hindustan Aeronautics Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hindustan Aeronautics's Days Payable distribution charts can be found below:

* The bar in red indicates where Hindustan Aeronautics's Days Payable falls into.


NSE:HAL
93GF Score
Hindustan Aeronautics Ltd NSE:HAL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Aeronautics 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.

Hindustan Aeronautics'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
=( (51056.7 + 44317.5) / 2 ) / 212604.4*365
=47687.1 / 212604.4*365
=81.87

Hindustan Aeronautics'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 + 44317.5) / 1 ) / 87234.3*365 / 4
=44317.5 / 87234.3*365 / 4
=46.36

* 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 46.36 mean?
Hindustan Aeronautics (NSE:HAL) has a Days Payable of 46.36 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 Hindustan Aeronautics and its competitors. This is 34% below median its historical median of 70.48. Over the past decade, Hindustan Aeronautics' Days Payable has ranged from 47.08 to 90.14. According to the industry distribution chart, Hindustan Aeronautics ranks #128 out of 338 companies in the Aerospace & Defense industry, placing it in the top 37.9%.
Is Hindustan Aeronautics' Days Payable too high?
Hindustan Aeronautics' current Days Payable of 46.36 is 34% below median its 10-year median of 70.48. Over the past 10 years, this metric has ranged from a low of 47.08 to a high of 90.14. The Aerospace & Defense industry median Days Payable is 64.88. Hindustan Aeronautics' value of 46.36 is 28.5% below this industry median. Based on the distribution chart, Hindustan Aeronautics ranks #128 out of 338 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Hindustan Aeronautics has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Aeronautics' Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Hindustan Aeronautics ranks #128 out of 338 companies for Days Payable. This puts Hindustan Aeronautics in the upper half of its industry. The industry median Days Payable is 64.88. Hindustan Aeronautics' value of 46.36 is 28.5% below this benchmark. Historically, Hindustan Aeronautics' own Days Payable has ranged from 47.08 to 90.14 over the past decade. While the company's 10-year median is 70.48 vs. the industry median of 64.88, Hindustan Aeronautics 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.88, based on 338 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. Hindustan Aeronautics's current Days Payable of 46.36 is 28.5% 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 Hindustan Aeronautics and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Aeronautics's current Days Payable is 46.36, which is 34% below median its own 10-year median of 70.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Aeronautics stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Aeronautics (NSE:HAL) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,714.09, compared to a current price of ₹4,428.90 — trading 6% below its estimated fair value. The current Days Payable is 46.36, which is 34% below median its 10-year median of 70.48 and 28.5% below the Aerospace & Defense industry median of 64.88. Hindustan Aeronautics' overall GF Score™ is 93/100 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 Hindustan Aeronautics (NSE:HAL), the current Days Payable is 46.36 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 Hindustan Aeronautics (NSE:HAL) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Aeronautics stock appears to be undervalued. The current stock price of ₹4,428.90 is trading 6% below its estimated GF Value™ of ₹4,714.09. GuruFocus considers Hindustan Aeronautics to be Fairly Valued.

Key valuation signals for NSE:HAL:

  • Days Payable: 46.36 (34% below median its 10-year median of 70.48)
  • GF Value™: ₹4,714.09 vs. price of ₹4,428.90 (6% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 28.5% below the Aerospace & Defense median (#128 of 338)

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


Hindustan Aeronautics Business Description

Other Exchanges 541154:India
Address No. 15/1 Cubbon Road, Bengaluru, KA, IND, 560001
Hindustan Aeronautics Ltd operates in the aerospace and defense sector. The company is engaged in the design, manufacturing, and development of products like aircraft, helicopters, systems and accessories, power plants, avionics, materials like castings, rolled rings, rubber products, and aerospace which include structures, tanks, and cryogenic engines. Geographically the company derives revenue from India and other countries, of which a majority of revenue is generated from India.
93GF Score

Get the complete analysis for NSE:HAL

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

₹4,428.90
Price
₹4,714.09
GF Value