IFB Industries (NSE:IFBIND) Days Payable: 94.45 (As of Mar. 2026) — 11% Below Median


NSE:IFBIND IFB Industries Ltd NSE:IFBIND
90 GF Score
Price ₹1,282.80
GF Value ₹1,658.42
Valuation Modestly Undervalued
! 1 Warning Sign
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What is IFB Industries Days Payable?

IFB Industries NSE:IFBIND -0.58% 90 Days Payable is 94.45 as of Mar. 2026, which is 11% below its 10-year median of 105.74. GuruFocus rates NSE:IFBIND with a GF Score™ of 90/100 and a GF Value™ of ₹1,658.42 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 415 Furnishings, Fixtures & Appliances companies, IFB Industries ranks better than 73.25% on this metric.

IFB Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹9,930 Mil. IFB Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹9,594 Mil. Hence, IFB Industries's Days Payable for the three months ended in Mar. 2026 was 94.45.

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

NSE:IFBIND' s Days Payable Range Over the Past 10 Years
Min: 82.39   Med: 105.74   Max: 120.32
Current: 105.58

During the past 13 years, IFB Industries's highest Days Payable was 120.32. The lowest was 82.39. And the median was 105.74.

NSE:IFBIND's Days Payable is ranked better than
73.25% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.14 vs NSE:IFBIND: 105.58

IFB Industries's Days Payable declined from Mar. 2025 (103.33) to Mar. 2026 (94.45). It may suggest that IFB Industries accelerated paying its suppliers.


IFB Industries Days Payable Historical Data

* Premium members only.

The historical data trend for IFB Industries'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.

IFB Industries Days Payable Chart

IFB Industries 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 118.19 107.27 114.50 112.73 102.95

IFB Industries 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 103.33 106.43 118.19 110.65 94.45

NSE:IFBIND vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, IFB Industries'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.


IFB Industries Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, IFB Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where IFB Industries's Days Payable falls into.


NSE:IFBIND
90GF Score
IFB Industries Ltd NSE:IFBIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IFB Industries 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.

IFB Industries'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
=( (9433.4 + 9930.3) / 2 ) / 34326.1*365
=9681.85 / 34326.1*365
=102.95

IFB Industries'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 + 9930.3) / 1 ) / 9593.5*365 / 4
=9930.3 / 9593.5*365 / 4
=94.45

* 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 94.45 mean?
IFB Industries (NSE:IFBIND) has a Days Payable of 94.45 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 IFB Industries and its competitors. This is 11% below median its historical median of 105.74. Over the past decade, IFB Industries' Days Payable has ranged from 82.39 to 120.32. According to the industry distribution chart, IFB Industries ranks #111 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 26.7%.
Is IFB Industries' Days Payable too high?
IFB Industries' current Days Payable of 94.45 is 11% below median its 10-year median of 105.74. Over the past 10 years, this metric has ranged from a low of 82.39 to a high of 120.32. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.14. IFB Industries' value of 94.45 is 47.3% above this industry median. Based on the distribution chart, IFB Industries ranks #111 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, IFB Industries has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFB Industries' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, IFB Industries ranks #111 out of 415 companies for Days Payable. This puts IFB Industries in the upper half of its industry. The industry median Days Payable is 64.14. IFB Industries' value of 94.45 is 47.3% above this benchmark. Historically, IFB Industries' own Days Payable has ranged from 82.39 to 120.32 over the past decade. While the company's 10-year median is 105.74 vs. the industry median of 64.14, IFB Industries 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.14, based on 415 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. IFB Industries's current Days Payable of 94.45 is 47.3% 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 IFB Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFB Industries's current Days Payable is 94.45, which is 11% below median its own 10-year median of 105.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFB Industries stock overvalued right now?
Based on GuruFocus' analysis, IFB Industries (NSE:IFBIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,658.42, compared to a current price of ₹1,282.80 — trading 22.6% below its estimated fair value. The current Days Payable is 94.45, which is 11% below median its 10-year median of 105.74 and 47.3% above the Furnishings, Fixtures & Appliances industry median of 64.14. IFB Industries' overall GF Score™ is 90/100 with 1 warning sign 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 IFB Industries (NSE:IFBIND), the current Days Payable is 94.45 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 IFB Industries (NSE:IFBIND) Overvalued in 2026?

Based on GuruFocus' analysis, IFB Industries stock appears to be undervalued. The current stock price of ₹1,282.80 is trading 22.6% below its estimated GF Value™ of ₹1,658.42. GuruFocus considers IFB Industries to be Modestly Undervalued.

Key valuation signals for NSE:IFBIND:

  • Days Payable: 94.45 (11% below median its 10-year median of 105.74)
  • GF Value™: ₹1,658.42 vs. price of ₹1,282.80 (22.6% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 47.3% above the Furnishings, Fixtures & Appliances median (#111 of 415)

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


IFB Industries Business Description

Other Exchanges 505726:India
Address Plot No. IND-5, Sector - 1, East Kolkata Township, Kolkata, WB, IND, 700107
IFB Industries Ltd is an India-based company engaged in the business of fine-blanked components and home appliances. The operating divisions of the group are Engineering, Home Appliances division, Motor, Steel, and Others. It derives a majority of the revenue from the Home Appliances Division which includes products such as washing machines, clothes dryers, dishwashers, microwave ovens, air conditioners, chimneys, refrigerators, modular kitchens, and built-in ovens and built-in hobs. Geographically, the group has a business presence in India and other countries, of which a majority of the revenue is derived from India.
90GF Score

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

₹1,282.80
Price
₹1,658.42
GF Value