Hvax Technologies (NSE:HVAX) Days Payable: 29.29 (As of Mar. 2026) — 46% Below Median

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NSE:HVAX Hvax Technologies Ltd NSE:HVAX
44 GF Score
Price ₹669.00
! 6 Warning Signs
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What is Hvax Technologies Days Payable?

Hvax Technologies NSE:HVAX +2.45% 44 Days Payable is 29.29 as of Mar. 2026, which is 46% below its 10-year median of 54.70. GuruFocus rates NSE:HVAX with a GF Score™ of 44/100. The stock has 6 warning signs investors should review. Among 160 Industrial Distribution companies, Hvax Technologies ranks better than 53.12% on this metric.

Hvax Technologies's average Accounts Payable for the six months ended in Mar. 2026 was ₹182 Mil. Hvax Technologies's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,136 Mil. Hence, Hvax Technologies's Days Payable for the six months ended in Mar. 2026 was 29.29.

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

NSE:HVAX' s Days Payable Range Over the Past 10 Years
Min: 41.62   Med: 54.7   Max: 76.53
Current: 58.57

During the past 6 years, Hvax Technologies's highest Days Payable was 76.53. The lowest was 41.62. And the median was 54.70.

NSE:HVAX's Days Payable is ranked better than
53.12% of 160 companies
in the Industrial Distribution industry
Industry Median: 55.39 vs NSE:HVAX: 58.57

Hvax Technologies's Days Payable increased from Mar. 2024 (20.81) to Mar. 2026 (29.29). It may suggest that Hvax Technologies delayed paying its suppliers.


Hvax Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Hvax Technologies'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.

Hvax Technologies Days Payable Chart

Hvax Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 76.34 50.83 41.62 44.74 58.57

Hvax Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable Get a 7-Day Free Trial 38.17 25.42 20.81 22.37 29.29

NSE:HVAX vs GWW, FAST, FERG: Days Payable Comparison

For the Industrial Distribution subindustry, Hvax Technologies'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.


Hvax Technologies Days Payable vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hvax Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Hvax Technologies's Days Payable falls into.


NSE:HVAX
44GF Score
Hvax Technologies Ltd NSE:HVAX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hvax Technologies 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.

Hvax Technologies'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
=( (155.185 + 209.403) / 2 ) / 1135.937*365
=182.294 / 1135.937*365
=58.57

Hvax Technologies'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
=( (155.185 + 209.403) / 2 ) / 1135.937*365 / 2
=182.294 / 1135.937*365 / 2
=29.29

* 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 29.29 mean?
Hvax Technologies (NSE:HVAX) has a Days Payable of 29.29 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 Hvax Technologies and its competitors. This is 46% below median its historical median of 54.70. Over the past decade, Hvax Technologies' Days Payable has ranged from 41.62 to 76.53. According to the industry distribution chart, Hvax Technologies ranks #75 out of 160 companies in the Industrial Distribution industry, placing it in the top 46.9%.
Is Hvax Technologies' Days Payable too high?
Hvax Technologies' current Days Payable of 29.29 is 46% below median its 10-year median of 54.70. Over the past 10 years, this metric has ranged from a low of 41.62 to a high of 76.53. The Industrial Distribution industry median Days Payable is 55.39. Hvax Technologies' value of 29.29 is 47.1% below this industry median. Based on the distribution chart, Hvax Technologies ranks #75 out of 160 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Hvax Technologies has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Hvax Technologies' Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hvax Technologies ranks #75 out of 160 companies for Days Payable. This puts Hvax Technologies in the upper half of its industry. The industry median Days Payable is 55.39. Hvax Technologies' value of 29.29 is 47.1% below this benchmark. Historically, Hvax Technologies' own Days Payable has ranged from 41.62 to 76.53 over the past decade. While the company's 10-year median is 54.70 vs. the industry median of 55.39, Hvax Technologies 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 Distribution company?
The median Days Payable among Industrial Distribution companies is 55.39, based on 160 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. Hvax Technologies's current Days Payable of 29.29 is 47.1% 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 Hvax Technologies and its competitors. For the Industrial Distribution industry, the median Days Payable is 55.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hvax Technologies's current Days Payable is 29.29, which is 46% below median its own 10-year median of 54.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hvax Technologies stock overvalued right now?
Hvax Technologies (NSE:HVAX) has a current Days Payable of 29.29. The current Days Payable is 29.29, which is 46% below median its 10-year median of 54.70 and 47.1% below the Industrial Distribution industry median of 55.39. Hvax Technologies' overall GF Score™ is 44/100 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 Hvax Technologies (NSE:HVAX), the current Days Payable is 29.29 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.

Hvax Technologies Business Description

Address I-Think Techno Campus, 601, 6th Floor, Lodha Supremus, Nehru Nagar, Kanjurmarg (East), Mumbai, MH, IND, 400042
Hvax Technologies Ltd is engaged in the business of turnkey projects on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms; design, engineering, and consultancy services for pharma and healthcare companies. As a part of turnkey projects, the company supplies the following third-party manufactured products: Cleanroom wall panels, Cleanroom ceiling panels, Covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, pre-fabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) Equipment, and Utility generation and distribution equipment.
44GF Score

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