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HMTNSE:HMT -0.10%52 Days Payable is 540.41 as of Jun. 2026, which is 70% above its 10-year median of 318.62. GuruFocus rates NSE:HMT with a GF Score™ of 52/100 and a GF Value™ of ₹57.50 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 215 Farm & Heavy Construction Machinery companies, HMT ranks better than 95.81% on this metric.
HMT's average Accounts Payable for the
three
months ended in Jun. 2026 was ₹1,192 Mil. HMT's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₹201 Mil.
Hence, HMT's Days Payable for the
three
months ended in Jun. 2026 was 540.41.
The historical rank and industry rank for HMT's Days Payable or its related term are showing as below:
NSE:HMT'
s Days Payable Range Over the Past 10 Years
Min: 224.72 Med: 318.62 Max: 465.7
Current: 362.64
During the past 13 years, HMT's highest Days Payable was 465.70. The lowest was 224.72. And the median was 318.62.
NSE:HMT's Days Payable is ranked better than 95.81% of 215
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 75.1
vs NSE:HMT: 362.64
HMT's Days Payable
declined
from Jun. 2025 (587.91) to Jun. 2026 (540.41).
It may suggest that HMTaccelerated paying its suppliers.
The historical data trend for HMT'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.
For the Farm & Heavy Construction Machinery subindustry, HMT'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.
HMT Days Payable vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, HMT's Days Payable distribution charts can be found below:
* The bar in red indicates where HMT's Days Payable falls into.
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.
HMT's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
HMT (NSE:HMT) has a Days Payable of 540.41 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on HMT and its competitors. This is 70% above median its historical median of 318.62. Over the past decade, HMT's Days Payable has ranged from 224.72 to 465.70. According to the industry distribution chart, HMT ranks #9 out of 215 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 4.2%.
Is HMT's Days Payable too high?
HMT's current Days Payable of 540.41 is 70% above median its 10-year median of 318.62. Over the past 10 years, this metric has ranged from a low of 224.72 to a high of 465.70. The Farm & Heavy Construction Machinery industry median Days Payable is 75.10. HMT's value of 540.41 is 619.6% above this industry median. Based on the distribution chart, HMT ranks #9 out of 215 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, HMT has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HMT's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, HMT ranks #9 out of 215 companies for Days Payable. This places HMT in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 75.10. HMT's value of 540.41 is 619.6% above this benchmark. Historically, HMT's own Days Payable has ranged from 224.72 to 465.70 over the past decade. While the company's 10-year median is 318.62 vs. the industry median of 75.10, HMT 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 75.10, based on 215 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. HMT's current Days Payable of 540.41 is 619.6% 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 HMT and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 75.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HMT's current Days Payable is 540.41, which is 70% above median its own 10-year median of 318.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HMT stock overvalued right now?
Based on GuruFocus' analysis, HMT (NSE:HMT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹57.50, compared to a current price of ₹68.11 — trading 18.5% above its estimated fair value. The current Days Payable is 540.41, which is 70% above median its 10-year median of 318.62 and 619.6% above the Farm & Heavy Construction Machinery industry median of 75.10. HMT's overall GF Score™ is 52/100 with 6 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 HMT (NSE:HMT), the current Days Payable is 540.41 as of Jun. 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 HMT (NSE:HMT) Overvalued in 2026?
Based on GuruFocus' analysis, HMT stock appears to be overvalued.
The current stock price of ₹68.11 is trading 18.5% above its estimated GF Value™ of ₹57.50.
GuruFocus considers HMT to be Modestly Overvalued.
Key valuation signals for NSE:HMT:
Days Payable: 540.41 (70% above median its 10-year median of 318.62)
GF Value™: ₹57.50 vs. price of ₹68.11 (18.5% above fair value)
Industry Position: 619.6% above the Farm & Heavy Construction Machinery median (#9 of 215)
No single metric tells the full story. See the NSE:HMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HMT Ltd manufactures food processing machinery, watches, and a diverse range of engineering products and industrial equipment. The company's segments are Machine Tools, Food Processing Units, Projects, and Others. It produces CNC machines, vertical turning centres, and precision systems for engineering, manufacturing, and defence, along with dairy and food processing equipment such as pasteurizers, homogenizers, and packaging machinery. The Projects segment manages exports, turnkey projects, and training centers in Africa, Latin America, the CIS, and Southeast Asia. Machine Tools generate the highest revenue, followed by Food Processing and Projects. Operations are mainly domestic, supported by an international export presence.
52GF Score
Get the complete analysis for NSE:HMT
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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