HOAC Foods India (NSE:HOACFOODS) Days Payable: 23.26 (As of Mar. 2026) — 30% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HOACFOODS HOAC Foods India Ltd NSE:HOACFOODS
49 GF Score
Price ₹682.45
! 6 Warning Signs
View Full Analysis

What is HOAC Foods India Days Payable?

HOAC Foods India NSE:HOACFOODS +1.71% 49 Days Payable is 23.26 as of Mar. 2026, which is 30% below its 10-year median of 33.07. GuruFocus rates NSE:HOACFOODS with a GF Score™ of 49/100. The stock has 6 warning signs investors should review. Among 1,892 Consumer Packaged Goods companies, HOAC Foods India ranks better than 52.64% on this metric.

HOAC Foods India's average Accounts Payable for the six months ended in Mar. 2026 was ₹25.5 Mil. HOAC Foods India's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹199.8 Mil. Hence, HOAC Foods India's Days Payable for the six months ended in Mar. 2026 was 23.26.

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

NSE:HOACFOODS' s Days Payable Range Over the Past 10 Years
Min: 26.5   Med: 33.07   Max: 66.49
Current: 46.52

During the past 6 years, HOAC Foods India's highest Days Payable was 66.49. The lowest was 26.50. And the median was 33.07.

NSE:HOACFOODS's Days Payable is ranked better than
52.64% of 1892 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs NSE:HOACFOODS: 46.52

HOAC Foods India's Days Payable increased from Mar. 2023 (0.00) to Mar. 2026 (23.26). It may suggest that HOAC Foods India delayed paying its suppliers.


HOAC Foods India Days Payable Historical Data

* Premium members only.

The historical data trend for HOAC Foods 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.

HOAC Foods India Days Payable Chart

HOAC Foods India Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 30.20 43.10 35.94 66.49 26.95

HOAC Foods India Semi-Annual Data
Mar21 Mar22 Mar23 Mar25 Mar26
Days Payable 0.00 0.00 0.00 38.37 23.26

NSE:HOACFOODS vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, HOAC Foods 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.


HOAC Foods India Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, HOAC Foods India's Days Payable distribution charts can be found below:

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


NSE:HOACFOODS
49GF Score
HOAC Foods India Ltd NSE:HOACFOODS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HOAC Foods 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.

HOAC Foods 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
=( (31.985 + 18.945) / 2 ) / 344.951*365
=25.465 / 344.951*365
=26.95

HOAC Foods 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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (31.985 + 18.945) / 2 ) / 199.8*365 / 2
=25.465 / 199.8*365 / 2
=23.26

* 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 23.26 mean?
HOAC Foods India (NSE:HOACFOODS) has a Days Payable of 23.26 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 HOAC Foods India and its competitors. This is 30% below median its historical median of 33.07. Over the past decade, HOAC Foods India's Days Payable has ranged from 26.50 to 66.49. According to the industry distribution chart, HOAC Foods India ranks #896 out of 1892 companies in the Consumer Packaged Goods industry, placing it in the top 47.4%.
Is HOAC Foods India's Days Payable too high?
HOAC Foods India's current Days Payable of 23.26 is 30% below median its 10-year median of 33.07. Over the past 10 years, this metric has ranged from a low of 26.50 to a high of 66.49. The Consumer Packaged Goods industry median Days Payable is 44.15. HOAC Foods India's value of 23.26 is 47.3% below this industry median. Based on the distribution chart, HOAC Foods India ranks #896 out of 1892 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, HOAC Foods India has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does HOAC Foods India's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, HOAC Foods India ranks #896 out of 1892 companies for Days Payable. This puts HOAC Foods India in the upper half of its industry. The industry median Days Payable is 44.15. HOAC Foods India's value of 23.26 is 47.3% below this benchmark. Historically, HOAC Foods India's own Days Payable has ranged from 26.50 to 66.49 over the past decade. While the company's 10-year median is 33.07 vs. the industry median of 44.15, HOAC Foods India 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 a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,892 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. HOAC Foods India's current Days Payable of 23.26 is 47.3% 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 HOAC Foods India and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HOAC Foods India's current Days Payable is 23.26, which is 30% below median its own 10-year median of 33.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOAC Foods India stock overvalued right now?
HOAC Foods India (NSE:HOACFOODS) has a current Days Payable of 23.26. The current Days Payable is 23.26, which is 30% below median its 10-year median of 33.07 and 47.3% below the Consumer Packaged Goods industry median of 44.15. HOAC Foods India's overall GF Score™ is 49/100 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 HOAC Foods India (NSE:HOACFOODS), the current Days Payable is 23.26 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.

HOAC Foods India Business Description

Address D-498, 1st Floor Palam Extension, Sector-7 Dwarka, Raj Nagar - II, South West Delhi, New Delhi, IND, 110077
HOAC Foods India Ltd is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. Its product portfolio is comprised of 4 categories which include products such as Spices & Herbs, Oil, Wheat Flour (Chakki Atta) & Healthy Flour, Pulses, Rice & Grain, and other food products with 153 product SKUs. The company sells its product under the brand name "HARIOM," and majority of the sales are derived from the Delhi-NCR region. The franchise network comprises 4 company-owned outlets and 6 franchise-owned outlets.
49GF Score

Get the complete analysis for NSE:HOACFOODS

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

₹682.45
Price